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Filing Requirements
Dependent Exemptions and Support
Dependent related filing status
Interest and dividend Income
Itemized Deductions
100
wages, tips and other compensation
What is in box 1 of the w-2
100
Relationship, age, residency, support and Joint return
What are the five test that must be met for an individual to be a QC of a taxpayer?
100
TP is unmarried or "considered unmarried" on the last day of the tax year, TP paid more than half of the cost of maintaining the household for the year, TP has either a QC or QR who lived with the TP for more than half of the year and claim them as a exemption, their mother or father
What are the filing requirements for HOH?
100
money paid or received for the use of money
What is interest?
100
$1550
What is the amount to be added to the standard deduction for age 65 or older and /or blind?
200
employer identification number
What is the acronym for EIN
200
son/daughter, brother/sister, adopted child, eligible foster child or a descendant of any of these(includes grandchildren, nieces and nephew)
What is the relationship requirements
200
person must file a separate return from their spouse, must have provided more than half the cost of maintaining their home for the tax year, home must be their principal place of abode, and the person's spouse must NOT have lived in the home the last six months of the year?
What are the qualifications to be married but unmarried for tax purposes?
200
savings interest, interest from sales contracts
What is taxable interest?
200
form for reporting and calculating Itemized deductions on
What is the Schedule A?
300
filing status , age and gross income
What is the three factors to determine the filing requirements for non-dependents?
300
1000
What is the child tax credit per child
300
TP's spouse died in either of the two years immediately preceding the current tax year, the TP paid over half the cost of maintaining their household for their dependent son/daughter, stepson/stepdaughter for the entire year
What are the qualifications for QW?
300
1099-INT
What is the form tax taxable interest is given to TP?
300
medical and dental expenses, taxes paid, interest paid, gifts to charity, casualty/theft losses and certain other miscellaneous deductions.
What are the deductions used to itemized?
400
single. MFJ, MFS, HOH and QW
What is the five filing statuses?
400
must have a QC, under age 17, claimed on the tax return and must be a US citizen, national or resident of the US
What are the qualifications for the CTC?
400
the parent whom the child live with the most number of nights during the tax year.
What is a custodial parent?
400
paid to TP'S who own stock
What is dividend income?
400
1098
What is the mortgage interest statement?
500
$12400
What is the standard deduction for MFJ or QW?
500
food, lodging, clothing, medical expenses child care,
What are some items to consider in computing a dependent's support?
500
release/revocation of release of claim to exemption for child by custodial parent
What is form 8332?
500
1099-DIV
What is the form that dividend income is reported on and given to TP's ?
500
tax preparation fees, job expenses
What are some miscellaneous deductions?