Questions from Individual Taxation


Q: For each of the following situations (none of the taxpayers claim

For each of the following situations (none of the taxpayers claim dependents), indicate whether the taxpayer(s) is (are) required to file a tax return for 2019. Explain your answer. a. Helen is a sing...

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Q: Determine from the tax table in Appendix A the amount of the

Determine from the tax table in Appendix A the amount of the income tax for each of the following taxpayers for 2019:

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Q: For each of the following cases, indicate the filing status for

For each of the following cases, indicate the filing status for the taxpayer(s) for 2019 using the following legend: A – Single B – Married filing a joint return C – Married filing separate returns D...

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Q: Melissa and Aaron are married taxpayers with taxable income of $105

Melissa and Aaron are married taxpayers with taxable income of $105,000. a. When you calculate their tax liability, are you required to use the tax tables or the tax rate schedules, or does it matter...

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Q: Jessica and Carl were married on July 1, 2019. What

Jessica and Carl were married on July 1, 2019. What are their options for filing status for their 2019 taxes?

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Q: How are qualified dividends taxed in 2019? Please give the rates

How are qualified dividends taxed in 2019? Please give the rates of tax which apply to qualified dividends, and specify when each of these rates applies.

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Q: Ellen’s tax client, Tom, is employed at a large company

Ellen’s tax client, Tom, is employed at a large company that offers health care flexible spending accounts to its employees. Tom must decide at the beginning of the year whether he wants to put as muc...

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Q: Sally and Charles Heck received the following Form 1099-DIV in

Sally and Charles Heck received the following Form 1099-DIV in 2019: The Hecks also received the following dividends and interest in 2019 (Forms 1099-DIV not shown): Assuming the Hecks file a joint ta...

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Q: In each of the following situations, determine whether the taxpayer(

In each of the following situations, determine whether the taxpayer(s) has/have a dependent and if so, the total amount of child tax credit and other dependent credit (assuming no limitations apply)....

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Q: Abigail (Abby) Boxer is a single mother (birthdate April

Abigail (Abby) Boxer is a single mother (birthdate April 28, 1981) working as a civilian accountant for the U.S. Army. Her Social Security number is 676-73-3311 and she lives at 3456 S Career Avenue,...

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