Filing statuses Taxable and Non-Taxable income True or False Child and dependent care (true or false) Earned income tax credit~EITC (true and false)
100
What is single (S)
You were never married during the year
100
What is taxable compensation
Bonuses or awards for outstanding work (whether in cash or goods and services
100
What is true
Bonds issued by port authorities, toll-road commissions, uitility service authorities, and qualified volunteer fire departments are tax- exempt bonds
100
What is false
I can take a child care credit for any of my children as long as they are under 18
100
What is true
Earned income credit is a refundable credit, which means I may still receive a refund even if I have no tax liability
200
What is married filing jointly (MFJ)
You were married on the last day of the year, even if you did not live with your spouse
200
What is Non-Taxable compensation
Money you have put into a 401K plan
200
What is false
You can qualify as head of household if it is just you and your spouse and you support no dependents
200
What is true
My child and dependent care credit can ONLY bring my TAX to zero and nothing lower
200
What is false
I MUST have a qualifying child to receive EITC
300
What is married filing seperate (MFS)
You are married, but want to be responsible for only your own tax liability
300
What is taxable compensation
Severance pay upon termination from employment
300
What is true
You must claim ANY interest you earn from a savings account, even if you do not receive a 1099
300
What is false
I cannot take the credit when the other child's parent is claiming the child as a dependent, but I am the custodial parent, and the child lived with me for most of the year (more than 6 months)
300
What is true
I must have earned income within the year to receive EITC
400
What is head of household (HOH/HH)
Be in married or considered in married on the last day of the tax year and kept a home for more than half the tax year for a dependent
400
What is Taxable compensation
Disability pensions from an employer-paid plan received BEFORE you reach retirement age
400
What is false
Money I make from selling items online or from a yard sale is not taxable
400
What is false
I can claim the credit even if the care taker is my spouse
400
What is false
I may still qualify for EITC if my filing status is MFS (married filing separate)
500
What is qualifying widow(er) with dependent (QW)
Your spouse died within the previous 2 years and you have a dependent child
500
What is non- taxable compensation
Group health insurance paid for by an employer
500
What is true
Alimony received is taxable
500
What is true
Money given to me by my employer for child care is excluded from the amount that the credit is figured upon
500
What is false
I cannot claim EITC for me and my child if I am the custodial parent and the other parent is claiming the dependent exemption for the child for the year






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