Individual Terms

Question 1

SSN

Answer 1

Social Security Number

Question 2

ITIN

Answer 2

Individual Taxpayer Identification Number

Question 3

MFJ

Answer 3

Married Filing Jointly

Question 4

MFS

Answer 4

Married Filing Separately

Question 5

HOH

Answer 5

Head of Household

Question 6

Resident Alien

Answer 6

Must pass Green Card Test or Substantial Presence Test

Question 7

Green Card Test

Answer 7

Issued an alien registration card by U.S Citizenship and Immigration Services

Question 8

Substantial Presence Test

Answer 8

Must be present in US at least 31 days during calendar year, and 183 days during current year and previous 2:

1. All days of current year
2. 1/3 of days year proceeding
3. 1/6 of days second year proceeding

Question 9

Innocent spouse relief

Answer 9

• file a joint return the had an “understatement” of tax due to “erroneous items” on of one of the spouses
• Establish that at the time he or she signed the joint return he or she did not know, and had no reason to know, that there was an understatement of tax
• Prove that, considering the facts and circumstances, it would be unfair to hold the taxpayer liable for the understatement of tax.

Question 10

Erroneous Items

Answer 10

• Any gross income item received by the spouse that was not reported as income
• Any improper deduction, credit, or property basis claimed on the return

Question 11

Separation of liability

Answer 11

An allocation of the understatement of tax (plus interest and penalties) on the joint return between the taxpayer and the spouse (or former spouse)

Question 12

Equitable relief conditions

Answer 12

• Taxpayer isn’t eligible for innocent spouse relief or relief by separation of liability
• Taxpayer and the spouse did not transfer assets to one another as a part of fraudulent scheme
• The spouse did not transfer assists to the taxpayer for the main purpose of avoiding tax or the payment of tax
• The taxpayer did not file the return with the intent to commit fraud
• Taxpayer establishes that, considering all the facts and circumstances, it would be unfair to hold taxpayer liable for the understatement or underpayment of tax

Question 13

Injured Spouse

Answer 13

Taxpayer who has filed a joint return with his or her spouse and all or part of his or her share of an overpayment was applied against his or her spouses’s past-due federal tax liability, child or spousal support, federal no tax debt or state income tax.

Question 14

Temporary Absences

Answer 14

Qualifying Individuals are absent from the home for special circumstances such as illness, education, business, vacation, or military service

Question 15

Qualifying Surviving Spouse with Dependent Child

Answer 15

Filing status for taxpayer if they have dependent child and spouse has died within last two years (not including year that spouse passed)

Question 16

Deductions

Answer 16

Adjustments to income that are used to reduce gross income to produce adjusted gross income (AGI), “above the line”

Question 17

MAGI

Answer 17

Modified Adjusted Gross Income