Individual Taxatuon

Question 0

Exemption. from such rule

Answer 0

Ind earn self employment $ 400 or more
In dep on another income have unearned gross income of $1000 or more
Recived advance payment of earned income credit

Question 1

Who must file

Answer 1

Per exempt
Reg stan deduction
Add standard for tax payers age 65 or over or blind

Question 2

Due date

Answer 2

15 April on or before

Automatic Extention until 15 oct

Form 4868

Taxes deposit by 15 April

Question 3

Taxpayers who are outside the country

Or principal place outside United States or stationed outside United States

Answer 3

Automatically 2 month Extention and not to pay
Need not file for the Extention but if Extention taken document included

They can also file Extention for other tax payers

Question 4

Married filling seperatly

Answer 4

Elect to file but in a community property state most of the income deductions credits are split 50 /50

Question 5

Qualifying widower with dependent child

Answer 5

Qualifying widower must maintain for

Whole taxable year a household which is principal place of son stepson daughter or stepdaughter

Allowed dependency exemption

Question 6

Qualifying widower get benefit of

Answer 6

A joint tax return Standrad deduction

And rates but not the exemption for decreased spouse for each of the two taxable year following the year of death

Question 7

Widow remarries

Answer 7

Exemption withdrawn

Question 8

Head of household

Answer 8

Individual
Not married ,a legally separated or is married and has lived apart from his or her spouse for the last six month of the year as of the close of financial year
2. Not a qualifying widower
3 nonresident alien
4 the ind maintains household for more than half year principal residence of

Dependent son or daughter
Father or mother not required to live
Dependent relative. Live with taxpayer

Question 9

Father or Mother status of household

Answer 9

Not required to live with taxpayer
Hod
Maintaing means contributing over half the cost of upkeep

Question 10

Dependent relative

Answer 10

Must live with taxpayer

No freeloading friends , cousins , foster parents and unrelated dependent do not qualify

Question 11

Father or Mother status of household

Answer 11

Not required to live with taxpayer
Hod
Maintaing means contributing over half the cost of upkeep

Question 12

Dependent relative

Answer 12

Must live with taxpayer

No freeloading friends , cousins , foster parents and unrelated dependent do not qualify

Question 13

Qualifying child

Answer 13

Cares 
C close relative
A. Age limit.  19/24 college
     Full time student 5 months during 
     The previous year 
R. Residency and filing requirement 
    More than 1/2 of the tax period 
E. Elimate gross income test 
S. Support test changes 
    ( does not contribute more than one   
      Half of his or her own support )

Question 14

Qualifying relative

Support

Answer 14

1. The taxpayer must have supplied more than one half ( greater than 50%)
   Of the support of a person in order to claim him or her a relative
2. Multiple support agreements
   Where two or more jointly contribute
   More than 10. %
   ΑNy one form 2120

Question 15

Qualifying relative

Answer 15

Under exemption amount of taxable income

1. Less than personal exemption amount taxable income

Not social security
Tax exempt interest income
Tax exempt scholarship

Question 16

Qualifying relative

Answer 16

Precludes dependent filing a joint return

Question 17

Qualifying relative

Answer 17

Only citizens of United States or residents of United States Mexico or Canada

R. Relative

T. Tax pay lives with the individual
If non relative for whole year

Question 18

Children of divorced parents

Answer 18

Custody greater not higher support

If equal who provides who has higher Agi