a. The husband and wife must live apart for the entire year.b. The husband and wife must live apart for more than half the year.c. The husband and wife must be in the process of filing for a divorce.d. Only one of the spouses can be working and earning an income.e. None of the above.
a. b. c.d. all of the above are required to qualify for the additional child tax credit
a. $6,500b. $7,000c. $9,289d. $19,000e. Jim does not qualify for a foreign tax credit.
a. AGI of the taxpayerb. AGI of the taxpayer's dependentsc. Any tax-exempt incomed. Untaxed Social Security benefitse. All of the above are included in household income
a. $0b. $4,200c. $2,800d. $5,600e. None of the above
a. Foreign tax creditb. Earned income creditc. Adoption creditd. Child and dependent care credite. All of the above are available credits
a. b. c. the taxpayer was in jaild.
a. A taxpayer may receive a 30-percent credit for installing energy-efficient window shades.b. A taxpayer may receive a 30-percent credit for installing a windmill, which generates electricity, at his vacation home.c. A taxpayer may receive a 30-percent credit for installing a solar water-heating panel for his swimming pool.d. A taxpayer may receive a 30-percent credit for the purchase of a plug-in electric vehicle.
a. Must be calculated on earned income as well as adjusted gross income in some cases.b. Can not exceed the amount of the tax liability.c. Is available only if the taxpayer has qualifying children.d. Is available to married taxpayers who file separate returns.
a. $1,500 to Chad and $0 to Lindab. $1,200 to Chad and $300 to Lindac. $1,120 to Chad and $280 to Lindad. $750 to Chad and $750 to Lindae. None of the above