The two filing statuses that require a child on the return.
What are Head of Household and Qualifying Widow?
100
The simplest Individual Income Tax form to complete.
What is Form 1040EZ?
100
Credits that may reduce the taxpayer’s tax liability below zero, and the difference is refunded to the taxpayer.
What is a refundable credit?
100
Asking questions whenever information is incomplete or seems inaccurate or inconsistent.
What is a thorough interview?
200
Filing status available to unmarried or married taxpayers who are considered unmarried, who paid more than half the cost of maintaining the household for a QC or QR that lived with them more than half the year.
What is Head of Household?
200
A dependent related to taxpayer, under age 17 or 24 and a full time student or disabled who lived with the taxpayer more than ½ the year and did not provide more than ½ their own support.
What is a qualifying child?
200
Form that taxpayers who are employees who receive wages must receive from their employer.
What is Form W-2?
200
The maximum amount that a taxpayers Social Security benefits may be taxed?
What is 85%?
200
A tax return that includes all income and claims all deductions and credits that the taxpayer qualifies for all.
What is an Accurate and Complete Tax Return?
300
This filing status requires that your child live with you the entire year.
What is Qualifying Widow?
300
The parent with whom the child spent the most nights with during the year.
What is the custodial parent?
300
This form reports interest income and/or dividend income greater than $1500.
What is Schedule B?
300
Income that is either earned income or non-earned income determined by the taxpayer’s age.
What is Disability Pension Income?
300
One taxpayer will be adversely affected by representation of another taxpayer.
What is conflict of interest?
400
Filing Status used by married couples who prefer to keep their income, exemptions and deductions separate.
Form used to calculate the credit for taxpayers who are claiming dependents under the age of 17.
What is Child Tax Credit Worksheet?
400
Someone who worked at least 900 hours during the school year as a teacher, teacher’s aide, counselor, or administrator in an elementary or secondary school.
What is an eligible educator?
400
Committing any criminal offense under revenue laws, knowingly giving false information in connection with tax matters, and willfully failing to file a tax return are examples.
What is Disreputable Conduct?
500
The preferable filing status for taxpayer who’s spouse died during the year?
What is Married Filing Joint?
500
Any taxpayer who may be claimed by another person on their return may not claim any dependents even if the other person does not claim the taxpayer.
What is the Dependent Taxpayer test?
500
This form is used to figure deductions that are higher than the standard deduction.
What is Schedule A?
500
Complete and submit an eligibility checklist; compute amount of credit; comply with knowledge requirements and retain records.
What is the Earned Income Credit due diligence requirements?
500
Tax Professionals and their employers are subject to a penalty of $500 per return for each violation.