Reports wages earned, taxes paid, and other reductions from wages for a calendar year.
What is a W-2?
100
Unmarried at the end of the year with no dependents.
What is Single?
100
Reduction of taxable income that can lower the amount of taxes owed or increase the amount of a return.
What is an exemption?
100
The two types of dependents.
What is qualified child and qualified relative?
200
The form that shows Tax Preparer, Quality Reviewer, and Language Spoken.
What is Prep Use?
200
Social security numbers and names should be taken from this document.
What is Social Security Card?
200
Resource you can use to help determine filing status.
What is the decision tree in Pub 4012 Tab B?
200
The amount that each exemption is worth.
What is $3,950?
200
A __________ is never considered a dependent.
What is a spouse?
300
If you can't find the form you should use this form to link to the correct form.
What is Form 1040?
300
This is the final role in the tax preparation process and ensures that the tax return was prepared correctly amd accurately.
What is Quality Review?
300
The least favorable filing status that has the highest tax burden.
What is Married Filing Separately?
300
The two types of exemptions that exist.
What is personal and dependency?
300
A taxpayer cannot claim a dependent if _________.
What is they can be claimed as a dependent on another's tax return?
400
When a return is complete you identify it by_________.
What is marking it "Ready for Review"?
400
Social security cards, income information, and insurance information.
What are the documents taxpayer's need to bring to file a return?
400
Joan's husband died on February 20th of 2013. She has not remarried, but has an 18-year old dependent son. Her filing status should be ________________.
What is Qualifying Widower with Dependent?
400
Marcy is 19 years old and a full time student, earns $6000 but her parents provided more than half of her support, she can claim ____ exemptions.
What is 0?
400
The amount of support a taxpayer has to provide a dependent to meet the support test.
What is 51% or more?
500
This form helps us determine filing status, eligible exemptions and dependents, and if a return is considered "in-scope".
What is the Intake Form?
500
A.G.I. is an acronym for this term.
What is Adjusted Gross Income?
500
Sheryl's husband died on May 20th of the tax year. She has no dependents and has not remarried. This should be her filing status ___________.
What is Married Filing Jointly?
500
Peter and Piper and married. Piper's filing status is married filing separately. Piper provides 75% of the support of her 3 kids (who did not earn any income). Peter claims an exemption for himself on his tax return. Piper can claim ___.
What is 4?
500
The 5 tests to be a qualifying child.
What are the relationship, age, residency, support, and entitlement tests?