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4 questions
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  • Q1
    Single, head of household, and married filing joint return are all examples of
    itemized deductions
    filing status
    tax rules
    exemptions
    120s
    130.273.J.6.B
  • Q2
    The first step in determining the amount of federal tax you owe is
    itemizing your deductions
    identifying your exemptions
    calculating your adjusted gross income
    calculating your gross income
    120s
    130.273.J.6.B
  • Q3
    Which of the following sources of income would NOT be counted as part of an individual's gross income?
    child support payments received
    revenue from rental properties
    tips
    sales of assets
    120s
    130.273.J.6.B
  • Q4
    Accurate completion of your tax return will show whether you underpaid your taxes and need to pay additional income tax or if you overpaid and will receive a(n)
    capital gain
    exemption
    refund
    deduction
    120s
    130.273.J.6.B

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