Dependents
The two types of dependents.
Qualifying Child and Qualifying Relative, C-3
Gambling winnings are reported on this form.
W-2G, D-65
3 examples of deductible medical expenses.
F-8
The American Opportunity Credit is allowed for ___ years.
4 years, J-7
The out-of-scope accounting method for Schedule-C filers.
Accrual method, D-27
The Gross Income threshold for a dependent before they can no longer be considered a dependent.
$5,050, C-6
3 examples of non-taxable income.
See page D-4
The standard deduction for someone who is age 39 and single.
$14,600, F-3
The taxpayer will receive this dollar amount of Credit for other dependents
$500, G-7
These Schedule C car and truck deductions are out-of-scope.
Actual expense deductions like gas, repairs and depreciation, D-30
The age limit for claiming someone as a dependent child.
19 or 24 and a full time student, C-5
Payment from credit cards will appear on this form.
1099-K D-24
The percentage of medical expenses that are allowed to be itemized.
7.5% of taxpayer's AGI, F-5
The maximum dollar amount for each qualifying child for the Child tax Credit
$2,000, G-4
The disposition, sale, or transfer of _____ _____ will make the return out-of-scope.
Digital Assets, D-32
The countries in which a person must reside to be a qualifying relative.
U.S., Canada, Mexico C-5
This is what code DD on an employee's W-2 shows.
Cost of employer-sponsored health coverage, D-11
The standard deduction for dependents.
The greater of $1,300 or the taxpayer's earned income +$450. Total cannot be > Standard Deduction for single filers, F-4
The earned income and AGI limit for someone who is single with no qualifying children in order to qualify for the Earned Income Credit.
$18,591, I-4
These itemized deduction expenses are out-of-scope.
Casualty and theft losses, F-5
3 tax benefits for claiming a dependent.
See C-4
On a tax return, this is where income from a self employed person that received form 1099-NEC is reported.
Schedule C, D-21
The itemized deduction limit for state and local general sales tax, state or local income tax, real or personal taxes.
$10,000 F-5
The maximum amount of credit a student can get under the American Opportunity Credit.
$2,500, J-8
These boxes in form 1098-T are considered out-of-scope.
Boxes 4 and 6, XIV