Which of the following is not an eligibility requirement for claiming the earned income credit with a qualifying child?
Choose one answer.
a. You must have earned income. | ||
b. You must claim your qualifying child as a dependent. | ||
c. The child must be related to you in one of the ways described in the instructions. | ||
d. The child must have lived in the U.S. for more than half of the year. | ||
e. The age of the child |
Please give positive ratings so I can keep answering. It would help me a lot. Please comment if you have any query. Thanks! |
Which of the following is not an eligibility requirement for claiming the earned income credit with a qualifying child? |
b. You must claim your qualifying child as a dependent. |
Which of the following is not an eligibility requirement for claiming the earned income credit with...
Which of the following is not an eligibility requirement for claiming the earned income credit with a qualifying child? Choose one answer. a. You must have earned income. b. You must claim your qualifying child as a dependent. c. The child must be related to you in one of the ways described in the instructions. d. The child must have lived in the U.S. for more than half of the year. e. The age of the child
Marks: 1 Which of the following is not an eligibility requirement for claiming the earned income credit with a qualifying child? Choose one answer. a. You must have earned income. b. You must claim your qualifying child as a dependent. c. The child must be related to you in one of the ways described in the instructions. d. The child must have lived in the U.S. for more than half of the year. e. The age of the child
Which of the following cannot be included in medical expenses deducted on Schedule A? Choose one answer. a. Eye doctor appointments and glasses b. Seeing-eye dog for a blind person c. Wages paid for nursing services d. Surgery for purely cosmetic reasons Which of the following is not an eligibility requirement for claiming the earned income credit with a qualifying child? Choose one answer. a. You must have earned income. b. You must claim your qualifying child as a dependent....
Question 6 (1 point) For purposes of claiming the earned income credit, a married child must be the taxpayer's dependent in order to claim the child as a qualifying child. 2) False 1) True 2) False
Which of the following is one of the tests that must be met to claim someone as a dependent under the rules for a qualifying child? Choose one answer. a. The child must have lived with the taxpayer all year. b. The taxpayer must have provided more than half of the child's total support for the year. c. The child's gross income for the year must be less than $4,150. d. The child must be under age 19, under age...
8 Credits [1] If a taxpayer qualifies for the Earned Income Credit, such credit can be subtracted from A. Gross income to arrive at adjusted gross income. B. Adjusted gross income to arrive at taxable income. C. The tax owed, or can result in a refund, but only if the taxpayer had tax withheld from wages. D. The tax owed, or can result in a refund, even if the taxpayer had no tax withheld from wages. [2] Which of the...
The use of the earned income credit could result in a taxpayer receiving a refund even though he or she has not paid any income taxes. True False Select either "Yes" or "No" to indicate whether the statement is one of the rules that all taxpayers must meet in order to claim the earned income credit (EIC). a. AGI may not be higher than set limits b. Foreign income exclusion not permitted c. Investment income cannot exceed $3,500 (2018 limit)...
Exercising due diligence is a requirement for paid preparers when preparing a taxpayer's return claiming the Earned Income Credit, the Child Tax Credit/Additional Child Tax Credit/Credit for Other Dependents, the American Opportunity Tax Credit, and Head of Household (HOH) Filing Status. All of the following are due diligence requirements EXCEPT __________. Completion of eligibility checklist. Knowledge. Record retention. Verification of employment.
for a taxpayer with a qualifying child, which statement is NOT a requirement to claim EITC? 1. must be at least 25 years old, but younger than 65. 2. have a child who is not claimed by more than on person for EITC 3. have a qualifying child who meets the relationship, age, residency and joint return test 4. must not be the qualifying child of another child
Aurora and Oscar separated in 2017 and divorced in October 2019. She earned $40,000 in wages and paid more than half the cost of keeping up her home in 2019. Aurora and Oscar have a son, Milo, who is 17 years old and unmarried. Aurora signed Form 8332 (Release/Revocation of Release of Claim to Exemption for Child by Custodial Parent) allowing Oscar to claim Milo in 2019. Milo is a full-time student working towards a degree in computer information systems....