.png){kind=logo}
HR BLOCK Final Test Review (ITC Latest Update)
Which of the following is a requirement for all taxpayers who want to claim the EIC?
Live in the U.S. for more than half a year.
Have a valid social security number.
Have a qualifying child dependent.
Have AGI less than $21,430 ($27,380 MFJ).
Have a valid social security number.
A combined due diligence penalty of $2,180 would indicate a penalty for which of the
following?
EIC, CTC/ODC/ACTC, and head of household.
EIC, AOTC, and CTC/ODC/ACTC.
EIC, AOTC, CTC/ODC/ACTC, and head of household.
EIC, PTC, CTC/ODC/ACTC, and head of household.
EIC, AOTC, CTC/ODC/ACTC, and head of household.
When dependent care benefits are withheld from a taxpayer's income, where are they
reported by the employer?
Form 2441.
Form 1040.
Box 10 of Form W-2.
The employer is not required to report them.
Box 10 of Form W-2.
All of the following are due diligence requirements a tax preparer must meet for EIC,
AOTC, CTC/ODC/ACTC, and HOH, EXCEPT:
Investigate and verify the accuracy of information the taxpayer provides to show
eligibility for EIC, AOTC, CTC/ODC/ACTC, and HOH.
Complete all worksheets used to compute the credits. If the worksheet is completed by
hand, keep a copy in the taxpayer's client file.
Maintain a copy of documents provided by the taxpayer that the tax preparer relied on
when determining credit eligibility. Then record the date the information was obtained
and the name of who provided the information.
When information provided by the taxpayer appears to be incorrect, inconsistent, or
incomplete, the tax preparer must make additional inquiries to determine if the taxpayer
is eligible for the benefit. Then document both the questions asked and responses
provided.
HR BLOCK Final Exam,HR BLOCK Final Test,HR BLOCK Final Flashcard,HR BLOCK Final quiz,HR BLOCK Final Practice,HR BLOCK Final Practice test,HR BLOCK Final Practice flashcard,HR BLOCK Final Practice exam,HR BLOCK Final Study guide,HR BLOCK Final Practice questions,HR BLOCK Final Questions,HR BLOCK Final Practice questions and answers,HR BLOCK Final Questions and answers,HR BLOCK Final pdf,HR BLOCK Final quizlet,HR BLOCK Final reddit,HR BLOCK Final Answer sheet,HR BLOCK Final Answer key,HR BLOCK Final Pdf free,HR BLOCK Final Exam help,HR BLOCK Final Cheat sheet,HR BLOCK Final quiz bank,HR BLOCK Final Questions bank,HR BLOCK Final Practice Guide,HR BLOCK Final Guide,HR BLOCK Final Testbank,HR BLOCK Final Practice Answers,HR BLOCK Final Answers,HR BLOCK Final Exam prep,HR BLOCK Final Prep,HR BLOCK Final Pdf download,HR BLOCK Final Flashcards,HR BLOCK Final Real questions,HR BLOCK Final Actual questions,HR BLOCK Final Real Questions and answers,HR BLOCK Final Actual Questions and answers,HR BLOCK Final Exam review,HR BLOCK Final Review,HR BLOCK Final Exam questions,HR BLOCK Final Exam questions and answers,HR BLOCK Final Practice test pdf,HR BLOCK Final Practice test quizlet,HR BLOCK Final Practice test Reddit,HR BLOCK Final Practice test quizlet multiple choice,HR BLOCK Final Exam study guide,HR BLOCK Final Practice test free,HR BLOCK Final Test questions,HR BLOCK Final Exam study guide,HR BLOCK Final Practice exam free,HR BLOCK Final Practice tests free,HR BLOCK Final Exam practice test,HR BLOCK Final Exam test questions,HR BLOCK Final Exam questions and answers,HR BLOCK Final Exam practice test
.png)