Test Bank SWFT Comprehensive 2010 ch 12

Test Bank SWFT Comprehensive 2010 ch 12 - CHAPTER 12 TAX...

Info iconThis preview shows pages 1–3. Sign up to view the full content.

View Full Document Right Arrow Icon
CHAPTER 12 TAX CREDITS AND PAYMENTS Instructor: The test items in both the print Test Bank and ExamView test-creation software are numbered by question type within each chapter. Thus, users of ExamView can more easily preview their selections using the printed Test Bank in the same numbering system. Learning Objective, Level of Difficulty, Estimated Time to Completion, and the AACSB’s and AICPA’s Core Competencie s for each test item are located within the item itself. Status: Q/P Question/ Present in Prior Problem Topic Edition Edition TRUE OR FALSE 1 Value of tax credit Unchanged 1 2 Value of tax credit and deduction Modified 2 3 Refundable credits Unchanged 3 4 Refundable credit Unchanged 4 5 General business credit: carryover years Modified 5 6 General business credit Unchanged 6 7 Tax credit for rehabilitation expenditures Unchanged 7 8 Tax credit for rehabilitation expenditures Unchanged 8 9 Tax credit for rehabilitation expenditures Unchanged 9 10 Recapture of tax credit for rehabilitation Unchanged 10 expenditures 11 Recapture of tax credit for rehabilitation Unchanged 11 expenditures 12 Work opportunity tax credit Unchanged 12 13 Work opportunity tax credit: long-term family Unchanged 14 assistance recipients 14 Work opportunity tax credit: long-term family Unchanged 15 assistance recipients 15 Work opportunity tax credit Modified 16 16 Incremental research activities credit Unchanged 17 17 Basic research credit Modified 18 18 Low-income housing credit Unchanged 19 19 Low-income housing credit Unchanged 20 20 Disabled access credit Unchanged 21 21 Disabled access credit Unchanged 22 22 Disabled access credit Unchanged 23 23 Credit for small employer pension plan startup costs Modified 24
Background image of page 1

Info iconThis preview has intentionally blurred sections. Sign up to view the full version.

View Full DocumentRight Arrow Icon
Status: Q/P Question/ Present in Prior Problem Topic Edition Edition 24 Credit for employer-provided child care Modified 25 25 Credit for employer-provided child care Modified 26 26 Earned income credit Unchanged 27 27 Earned income credit Unchanged 29 28 Earned income credit Unchanged 30 29 Earned income credit Unchanged 31 30 Tax credit for the elderly or disabled New 31 Tax credit for the elderly or disabled Unchanged 32 32 Foreign tax credit Unchanged 33 33 Foreign tax credit New 34 Foreign tax credit Unchanged 35 35 Foreign tax credit versus foreign tax deduction Unchanged 36 36 Adoption expenses credit Unchanged 37 37 Child tax credit Unchanged 38 38 Child tax credit Unchanged 39 39 Credit for child and dependent care expenses Unchanged 40 40 Credit for child and dependent care expenses Modified 41 versus exclusion 41 Credit for child and dependent care expenses Unchanged 42 42 Credit for child and dependent care expenses Unchanged 43 43 Credit for child and dependent care expenses Unchanged 44 44 Credit for child and dependent care expenses Unchanged 45 45 Education tax credits Unchanged 46 46 Education tax credits Unchanged 48 47 Education tax credits Unchanged 49 48 Education tax credits Unchanged 50 49 Base amount for Social Security and Medicare
Background image of page 2
Image of page 3
This is the end of the preview. Sign up to access the rest of the document.

This note was uploaded on 06/18/2010 for the course ACCT 2200 taught by Professor Smith during the Spring '10 term at San Mateo Colleges.

Page1 / 38

Test Bank SWFT Comprehensive 2010 ch 12 - CHAPTER 12 TAX...

This preview shows document pages 1 - 3. Sign up to view the full document.

View Full Document Right Arrow Icon
Ask a homework question - tutors are online