The amount of Gordons standard deduction is 18 Gordons federal income tax

The amount of gordons standard deduction is 18

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17 .The amount of Gordon’s standard deduction is $__________ .18 .Gordon’s federal income tax withholding is $1,500 . a .Trueb .False 19 .Gordon must use Form 8888 to split his refund between his checking and savings accounts .
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Basic Scenarios Retest Questions 65 Basic Scenario 8: Retest Questions Directions Read the information for Valerie Sinclair beginning on page 39 . 20 .Ethan, Patrick, and Annie are all qualifying persons allowing Valerie to file Head of Household . 21 .Valerie can claim Ethan as a qualifying child for the earned income credit . 22 .What is the total federal income tax withholding on Valerie’s tax return? a .$2,700b .$2,800c .$3,060d .$4,646 23 .What is Valerie’s credit for child and dependent care expenses shown on her Form 1040, page 2?$________ .24 .The student loan interest deduction on Valerie’s Form 1040, page 1 is $700 . 25 .Valerie must pay a 25% additional tax on the distribution from her 401(k) because she is under 59 1/2 years old and does not qualify for an exception .
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Basic Scenarios Retest Questions 66 Basic Scenario 9: Retest Questions Directions Read the information for Justin Reedley and Jenna Washington, beginning on page 48 . 26 .Which expenses can be claimed on Justin and Jenna’s Schedule A as itemized deductions? (Select all that apply) 27 .Justin and Jenna do nothave to report their state refund of $160 on their 2017 tax return . a .Trueb .False 28 .The books and tuition costs are both qualifying expenses for the lifetime learning credit . 29 .The amount of the earned income tax credit shown in the payments section on page 2 of Justin and Jenna’s Form 1040 is $________ .30 .The penalty for early withdrawal of savings is reported in the Adjusted Gross Income section on page 1 of Form 1040 .
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