Chapter 2

Question 1

Income of a married couple living in a particular state that is considered to belong equally to each spouse regardless of which spouse receives the income.

Answer 1

Community income

Question 2

Property considered to belong to a husband and wife. This is the case in 9 states.

Answer 2

Community property

Question 3

Individual whose personal exemption may be claimed on another persons tax return. Must meet certain tests.

Answer 3

Dependent

Question 4

A return combining the income, exemptions, credits, and deductions of a married couple, resulting in a tax liability.

Answer 4

Joint return

Question 5

Filing status used by a couple who are married at the end of the tax year. Total income, exemptions, and deductions of both spouses on one return.

Answer 5

Married Filing Jointly (MFJ)

Question 6

Filing status - married couple; separate individual tax returns.

Answer 6

Married Filing Separately (MFS)

Question 7

Base amount of income not subject to tax. $6350 for single and MFS; $9350 for HOH; $12700 for MFJ

Answer 7

Standard Deduction