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This question was created from Tax-Preparer-Test-2019.pdf https://www.coursehero.com/file/52186960/Tax-Preparer-Test-2019pdf/

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Interview Notes
Sandra Clark is 45 years old.
Sandra works as a clerk and earned $27,500 in 2019.
Sandra's daughter, Debbie, is 26 years old and she is not disabled.
Debbie lived with Sandra as a member of her household for all of 2019.
Debbie works as a receptionist and earned $18,250 in 2019.
Sandra purchased health insurance coverage for herself and Debbie on the same
policy from the Marketplace for all of 2019.
Sandra received Form 1095-A from the Marketplace showing that she and Debbie
are both covered individuals for all of 2019.
Test Scenario 4: Test Questions
8. Can Sandra claim Debbie as a qualifying relative on her 2019 return?
a. Yes, because Debbie lived with Sandra as a member of her household for all of
2019.
b. No, because Debbie had gross income of more than $4,200 during the tax
year.
9. Which of the following statements is true regarding the Form 1095-A?
Both Sandra and Debbie can claim the entire amount of the premium tax credit
since both of their names are shown on Form 1095-A as covered individuals.
b.
Sandra should reconcile the entire premium tax credit information from her
Form 1095-A on her tax return.
C.
Debbie should reconcile the entire premium tax credit information from
Sandra's Form 1095-A on her tax return.
d.
Sandra and Debbie have a shared policy. Information on the Form 1095-A
must be allocated between their two tax returns. Both of their returns are out of
scope.

Top Answer

Summary of my answer: Question 8 Ans: Yes, because Debbie lived with Sandra as a member of her household... View the full answer

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