Tax Preparation Filing Status and Dependents

Question 1

Which filing status gives the highest standard deduction for a single parent with a qualifying child?

Accepted Answer

Head of Household

Answer

Single

Answer

Married Filing Jointly

Answer

Married Filing Separately

Question 2

What is the maximum age for a qualifying child dependent who is not a full-time student?

Accepted Answer

18

Answer

17

Answer

19

Answer

24

Question 3

A married couple can file as Married Filing Separately to reduce their total tax liability in which common scenario?

Accepted Answer

One spouse has large medical expenses

Answer

Both spouses have equal income

Answer

They want to maximize the standard deduction

Answer

They have no dependents

Question 4

Which test must a qualifying relative pass that a qualifying child does NOT need to pass?

Accepted Answer

Gross income test

Answer

Relationship test

Answer

Residency test

Answer

Age test

Question 5

A taxpayer's divorce was finalized on December 31. What is their filing status for that tax year?

Accepted Answer

Single

Answer

Married Filing Jointly

Answer

Married Filing Separately

Answer

Head of Household

Question 6

Which of the following is NOT a requirement for Qualifying Surviving Spouse filing status?

Accepted Answer

Taxpayer must have earned income

Answer

Spouse died in a prior tax year

Answer

Taxpayer has a qualifying dependent child

Answer

Taxpayer has not remarried