Why Pay A Professional? Income Tax Quiz

10 Questions | By Eamarsha | Last updated: Dec 4, 2013 | Total Attempts: 97

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Can you maximize your refund? Keep your wages from getting garnished? Stay out of jail? Take the quiz and find out. . .

Questions and Answers

1.

Which of the following expenses can you deduct?
- A.
  
  An Abortion
- B.
  
  Funeral Expenses
- C.
  
  Maternity Clothes
- D.
  
  None of the above
2.

HOA (Home Owner's Association) dues are tax deductible?
- A.
  
  True
- B.
  
  False
3.

You CANNOT claim the EIC (Earned Income Tax Credit) with the following filing status:
- A.
  
  Single
- B.
  
  Married Filing Separately
- C.
  
  Widow(er)
- D.
  
  All of the above
4.

Your grandmother's casino buddy her gambling losses are tax deductible? What say ye?
- A.
  
  Fact
- B.
  
  Fiction
5.

Your children attend private elementary school and private high school. Their tuition is tax deductible?
- A.
  
  True
- B.
  
  False
6.

Which of the following is considered taxable income?
- A.
  
  Worker's Compensation
- B.
  
  Insurance Payments
- C.
  
  Disability Pensions
- D.
  
  All of the above
7.

You can claim a sibling as a dependent?
- A.
  
  True
- B.
  
  False
8.

Your mom made a payment on your student loans. Who gets to claim the student loan interest tax deduction?
- A.
  
  You
- B.
  
  Mom
- C.
  
  Both
9.

You can deduct child support payments to your ex as long as they are court-ordered?
- A.
  
  True
- B.
  
  False
10.

If you donate your car to the Salvation Army, you can tax deduct the Kelly Blue Book value?
- A.
  
  True
- B.
  
  False

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