Hera's Income Tax School Education Results

 

 

Summary Report

Candidate:

Victoria Cross

User Identifier 2:

victoriaecross@aol.com

User Identifier 3:

NONE

Quiz Title:

Topic 10 - Casualties and Theft Losses - Quiz

Overall Result:

PASS

Overall Score:

180/200

Percentage Score:

90

Passing Percentage:

70

Time Results Received:

Jan 26, 07:53:08, 2011

Time Spent:

00:22:32

Question Breakdown

Question Reference

Answer

Score

Time

The cost of restoring landscaping to its original condition

d

10

11.56s

You have a car insurance policy with a $ 500 deductible, bec

a

10

22.46s

The taking of money or property through fraud or misrepresen

a

10

9.23s

Jane bought an old mountain cabin as a second home and began

b

0

107.44s

A loss resulting from the taking and removing of money or pr

b

10

31.74s

Your home was damaged by a hurricane Relatives and neighbor

c

10

63.23s

After you have figured your casualty or theft loss, you must

d

10

155.92s

A theft in the taking and removing of money or property with

b

10

10.02s

A loss of property due to damage by a family pet is never de

b

10

53.80s

A casualty is deductible if the damage or destruction is cau

d

10

14.76s

You can use the cost of cleaning up or of making repairs aft

d

10

86.92s

You do not report a gain if you receive reimbursement in the

b

10

155.54s

Several years ago, you purchased silver dollars at face valu

b

10

11.03s

A casualty loss is deductible if the damage or destruction i

b

10

43.94s

In determining value of your damaged car, a dealer s offer f

b

10

61.42s

In figuring a casualty loss on personal-use real property, t

c

10

32.52s

In November 2009, you had a collision while driving your per

c

0

39.09s

You have a casualty loss if your home is unsafe due to dange

b

10

30.84s

The decrease in FMV used to figure the amount of a casualty

b

10

104.15s

You postpone reporting your gain from a casualty or theft by

b

10

306.92s

Summary Report

Candidate:

Victoria Cross

User Identifier 2:

victoriaecross@aol.com

User Identifier 3:

NONE

Quiz Title:

Topic 10 - Casualties and Theft Losses - Assignment

Overall Result:

PASS

Overall Score:

180/200

Percentage Score:

90

Passing Percentage:

70

Time Results Received:

Jan 26, 07:26:29, 2011

Time Spent:

00:02:01

Question Breakdown

Question Reference

Answer

Score

Time

1 Look at the Form 1040 you prepared for Andrew Martinez W

b

10

7.91s

2 Look at the Form 4684 you prepared for Andrew Martinez W

a

10

5.55s

3 A theft in the taking and removing of money or property w

b

10

5.84s

4 The taking of money or property through fraud or misrepre

a

10

6.08s

5 Loss of property due to progressive deterioration is dedu

b

10

4.29s

6 A casualty loss is deductible if the damage or destructio

b

10

4.38s

7 The simple disappearance of money or property is not thef

c

10

7.98s

8 You bought a new chair 4 years ago for $300 In April, a

d

10

4.73s

9 Your home was extensively damaged by a tornado Your loss

c

10

5.14s

10 You have a car insurance policy with a $ 500 deductible,

a

10

6.49s

11 Several years ago, you purchased silver dollars at face

b

10

3.37s

12 In figuring a casualty loss on personal-use real propert

c

10

13.08s

13 Do not reduce your casualty loss by insurance payments y

c

0

4.45s

14 In November 2009, you had a collision while driving your

c

0

6.63s

15 You have a casualty loss if your home is unsafe due to d

b

10

3.98s

16 The cost of restoring landscaping to its original condit

d

10

4.53s

17 Deductible casualty losses can result from a number of d

d

10

5.10s

18 A casualty is deductible if the damage or destruction is

d

10

4.06s

19 A loss resulting from damage, destruction, or loss of pr

a

10

13.24s

20 A loss resulting from the taking and removing of money o

b

10

4.59s

Summary Report

Candidate:

VICTORIA CROSS

User Identifier 2:

NONE

User Identifier 3:

victoriaecross@aol.com

Quiz Title:

Tax Topic 13 - Earned Income Credit - Quiz

Overall Result:

PASS

Overall Score:

150/150

Percentage Score:

100

Passing Percentage:

70

Time Results Received:

Jan 26, 07:01:14, 2011

Time Spent:

00:10:13

Question Breakdown

Question Reference

Answer

Score

Time

Which of the following conditions would NOT prevent an indiv

c

10

8.70s

If you do not have a valid social security number and you wr

b

10

128.29s

For Earned Income Credit purposes, the child s age does not

a

10

13.46s

Even if you have an approved Form 4029, all wages, salaries,

c

10

88.64s

If you are Married Filing Jointly and you have more than thr

a

10

119.36s

Your filing status is Married Filing Jointly and you have on

b

10

110.57s

You and your son lived with your mother all year You were o

d

10

26.64s

In 2009, you were 24, single, and living at home with your p

d

10

30.80s

For Earned Income Credit purposes, the child s age does not

a

10

8.59s

To qualify for the Earned Income Credit in tax year 2009, yo

a

10

7.40s

Social security and railroad retirement benefits are not con

a

10

25.64s

What should you do if you have more than one employer and yo

a

10

10.42s

If you do not have a valid social security number and you wr

b

10

11.18s

If you are a qualifying child of another person

a

10

8.03s

What will happen if your spouse does not have a social secur

b

10

15.74s

Summary Report

Candidate:

VICTORIA CROSS

User Identifier 2:

victoriaecross@aol.com

User Identifier 3:

NONE

Quiz Title:

Topic 13 - Earned Income Credit - Assignment

Overall Result:

PASS

Overall Score:

170/200

Percentage Score:

85

Passing Percentage:

70

Time Results Received:

Jan 26, 06:49:14, 2011

Time Spent:

00:02:26

Question Breakdown

Question Reference

Answer

Score

Time

1 For 2009 Earned Income Credit purposes, to be a qualifyin

a

10

7.27s

2 You don t want to wait to receive the EIC, you expect to

d

10

10.43s

3 Which of the following conditions would not prevent an in

c

10

4.90s

4 What will happen if your spouse does not have a social se

b

10

4.98s

5 If you are married, in order to qualify for the EIC, your

c

10

7.61s

6 To qualify for the Earned Income Credit in tax year 2009,

a

10

5.15s

7 The credit is called the Earned Income Credit because to

c

10

4.68s

8 If you retire on disability, benefits you receive under y

d

10

10.36s

9 Income that is not earned income includes all of the foll

d

0

12.51s

10 To qualify for the earned income credit with a qualifyin

a

0

4.70s

11 Having a qualifying child who lives with you in your hom

c

10

6.39s

12 If your Earned Income Credit was denied, send Form 8862

d

10

10.90s

13 Your qualifying child is your son, daughter, adopted chi

d

10

3.50s

14 Your son was a qualifying child of his father whom had a

a

0

7.60s

15 If you are a qualifying child of another person

a

10

7.45s

16 If your EIC for any tax year after 1996 was denied or re

c

10

10.26s

17 You claim the EIC on your 2008 tax return which you file

b

10

5.65s

18 If you claimed the EIC on your 2008, which was filed in

d

10

12.36s

19 You can receive part of your EIC in your paycheck by com

b

10

5.26s

20 To get part of the earned income credit paid to you thro

d

10

4.40s

               

Summary Report

Candidate:

Victoria Cross

User Identifier 2:

victoriaecross@aol.com

User Identifier 3:

NONE

Quiz Title:

Topic 5 - Claiming Medical and Dental Expenses - Quiz

Overall Result:

FAIL

Overall Score:

130/200

Percentage Score:

65

Passing Percentage:

70

Time Results Received:

Jan 15, 13:29:36, 2011

Time Spent:

00:22:41

Question Breakdown

Question Reference

Answer

Score

Time

John is a cash basis taxpayer During the year he incurred t

d

0

70.70s

You can deduct only the amount of your medical and dental ex

b

10

114.99s

Xwaan has diabetes and uses a blood sugar test kit to monito

a

10

12.55s

When figuring the amount of insurance premiums you CAN deduc

b

10

129.27s

The standard mileage rate allowed for operating expenses for

a

10

94.46s

Your adjusted gross income is $40,000, 7 5% of which is $3,0

d

10

27.14s

Qualified medical expenses paid before death by the decedent

a

10

20.76s

Some disabled dependent care expenses may qualify as

c

10

42.99s

If you were self-employed and had a net profit for the year,

d

0

243.71s

Which of the following is deductible as medical insurance:

c

10

40.96s

You can include in medical expenses the amount you pay for b

a

0

38.47s

You are a federal employee participating in the premium conv

a

0

16.23s

Steve had a heart ailment On his doctor s advice, he instal

c

0

39.20s

What are deductible medical care expenses?

d

10

15.32s

Which of the following will NOT be deductible as a medical e

d

10

58.64s

Maintenance or personal care services is care which has as i

a

10

14.66s

If you claim the HCTC credit, you cannot take the same expen

c

10

54.46s

COBRA continuation coverage allows individuals who had lost

a

10

13.22s

You must reduce your total medical expenses for the year by

c

0

105.16s

If you paid the premiums for qualified health insurance cove

c

0

208.11s