Candidate:

Rose Jackson

User Identifier 2:

6196751692r@gmail.com

User Identifier 3:

A129272

User Identifier 4:

P00454312

User Identifier 5:

dec546

Quiz Title:

2018 Federal Tax Law Final Exam

Overall Result:

PASS

Overall Score:

430/500

Percentage Score:

86

Passing Percentage:

70

Time Results Received:

Oct 19, 10:00:42, 2018

Time Spent:

00:48:58

Question Reference

Answer

Score

Time

Question For 2018, to be able to deduct 50% of your meals as a busine

B. Ordinary and necessary in carrying on your trade or

10

33.53s

Question In 2018, if you are entitled to a lump-sum distribution from

Asking your employer to make a direct rollover of your

10

21.29s

Question There is a penalty for receiving an excessive claim for refu

C. 20 percent.

10

147.17s

Question For 2018, the maximum allowed depreciation expenses for pass

A. $10,000 limitation.

0

55.38s

Question Under the new Tax Cuts and Jobs Act, a qualified 2016 disas

B. 20 percent.

0

39.98s

Question You must keep records in 2018 to substantiate your tax retur

D. Any of the above.

10

21.44s

Question Under the new tax law, Starting in 2018 the qualifying prope

D. Any of the above.

10

23.90s

Question In 2018 this end of January date was January 29, 2018 In 20

B. Emancipation Day.

10

12.53s

Question You can request an automatic extension of time to file a 201

C. Form 4868.

10

37.95s

Question Starting in 2018, as it relates to listed property, each yea

A. The Section 280F limitation.

0

28.00s

Question The Earned Income Tax Credit remains unchanged under the new

D. Help needy families.

0

35.47s

Question For 2018, you would deduct a percentage of these expenses -

A. Standard method.

10

23.48s

Question If you are married, you can only take an additional standard

C. $3,200

10

51.88s

Question Estimated tax is the method used to pay Social Security and

B. Form 1040-ES

10

32.78s

Question For 2018, a report on Foreign Bank and Financial Accounts, g

A. Exceeds $10,000.

10

46.23s

Question For 2018, there are many things you can do to keep good reco

D. Any of the above.

10

35.39s

Question If you are single and receive $25,000 is Social Security ben

C. Zero

10

62.23s

Question Practically everything you received for your work or service

D. All of the above.

10

40.16s

Question Business income is any income received from the sale of your

C. Security deposits and loans.

10

10.84s

Question In 2018, you generally must report sales and other dispositi

C. Form 8949.

10

225.12s

Question To further illustrate, you bought 5,000 shares of XYZ Corp

B. You have no qualified dividends from XYZ Corporation

10

49.48s

Question For 2018, a mandatory ______ withholding rate applies to eli

B.  20 percent

10

24.63s

Question The suspension of unreimbursed employee business deductions

A. The hobby losses will be completely eliminated.

10

116.33s

Question For 2018, if we have $10,000 hobby income and $10,000 hobby

B. $10,000

10

40.98s

Question For 2018, you must prove or be ready to prove that you have

D. All of the above.

10

19.63s

Question There are things you must consider in your ability to deduct

C. Both A and B above.

10

66.29s

Question The new deduction for pass-through businesses was created by

D. All of the above.

10

55.77s

Question You can try to figure out what to do about making sure the I

C. Both A and B above.

10

62.37s

Question For 2018, the 529 plans have been expanded under the new Tax

A. This has been known under the name 529 college savings

10

39.37s

Question For 2018, under the new Tax Cuts and Jobs Act, the three cap

B. Applied to maximum taxable income levels.

10

30.04s

Question For 2018, the CDCTC or child care dependent tax credit allow

A. If therefore if there is no tax to cancel, there is no

10

93.45s

Question For 2018, you are required to report information about asset

A. $50,000

10

258.90s

Question The rules for employer-operated eating facilities remain at

D. All of the above.

10

25.59s

Question For 2018, if you are required to file an FBAR and fail to do

B. $10,000.

10

34.07s

Question For 2018, the simplified method at arriving at your deductib

A. $1,500.

10

73.08s

Question You are allowed to contribute and deduct up to 60% of your A

A. $21,000

10

169.27s

Question For 2018, unemployment benefits are fully taxable and the be

C. Form 1099-G.

10

28.17s

Question You must also consider the time when you make certain expens

C. Both A and B above.

10

29.61s

Question You may claim on Form 8863 a Lifetime Learning credit of up

B. $2,000

10

128.10s

Question The highest 2018 tax rate is

C. 37 percent.

10

47.80s

Question If you expect your 2018 tax liability to be ________ or more

A. $1,000.

10

21.07s

Question For 2018, the personal exemption which is normally adjusted

B. $0

10

24.53s

Question For 2018, expenses that would normally have nothing to do wi

B. 100 percent.

10

77.48s

Question You may contribute to a dependent care FSA if you expect to

D. $1,500.

0

70.14s

Question Starting in 2018, a taxpayer would not be allowed to claim a

B. Will not incur a penalty if it does not provide a written

10

31.14s

Question The older or blind individuals will continue to receive an a

A. $1,300 for 2018.

10

26.77s

Question When a taxpayer dies, his standard deduction is what it woul

C. $13,300

10

169.57s

Question The Tax Cuts and Jobs Act did not make any changes to the IR

D. Any of the above.

10

10.07s

Question For some eligible property with longer production periods, t

B. Certain qualified film, television and live theatrical

0

26.34s

Question The new Tax Cuts and Jobs Act expenses that are still deduct

D. None, the TCJA tax reform has completely suspended this

0

21.51s

System Language:

en-US

Operating System:

Win32

Screen Resolution:

1067x600

Client IP:

174.65.140.132

Client Time:

Fri Oct 19 2018 10:09:51 GMT-0700 (Pacific Daylight Time)

Version:

Mozilla/5.0 (Windows NT 10.0; Win64; x64) AppleWebKit/537.36 (KHTML, like Gecko) Chrome/52

Source URL:

https://herasincometaxschool.com/relawfinal/

Candidate:

Rose Jackson

User Identifier 2:

6196751692r@gmail.com

User Identifier 3:

A129272

User Identifier 4:

P00454312

User Identifier 5:

dec546

Quiz Title:

2018 Tax Law Review Questions

Overall Result:

PASS

Overall Score:

220/300

Percentage Score:

73

Passing Percentage:

70

Time Results Received:

Oct 17, 09:58:04, 2018

Time Spent:

00:10:08

Question Reference

Answer

Score

Time

Question 1 The results compared to previous results give us informat

C. CPI index.

0

48.85s

Question 2 Practically everything you received for your work or serv

D. All of the above.

10

14.65s

Question 3  In 2018, there are penalties for not filing a required F

C. Both A or B above.

10

9.25s

Question 4 For 2018, Schedule B Part III is where you report a finan

D. Any of the above.

10

18.09s

Question 5 You can try to figure out what to do about making sure th

C. Both A and B above.

10

22.06s

Question 6 What are the types of calculation methods for claiming of

C. Either A or B above.

10

15.16s

Question 7 Individuals always challenge the constitutionality of tax

C. Both A and B above.

10

41.44s

Question 8 In 2018 or any tax year, you should supply the taxing age

D. All of the above.

0

19.13s

Question 9 The Internal Revenue Service will use the 2018 tax return

D. All of the above.

10

25.72s

Question 10 To determine if you must file a tax return for 2018, you

C. Both A and B above.

10

35.73s

Question 11 Even if you are not required to file a tax return for 20

D. Any of the above.

10

19.16s

Question 12 You may be able to include your child s interest and div

0

0.21s

Question 13 You may have to file a tax return for 2018 even if your

D. Only A and B above.

10

11.56s

Question 14 The head of household filing status has more requirement

A. To have supported a home for your dependent for more than

10

20.30s

Question 15 If you do not itemize deductions, you are entitled to a

D. January 2, 1952

0

9.63s

Question 16 Once you are married in 2018, you can file as

B. Married Filing Separately.

10

19.19s

Question 17 You will most likely be obligated to file a 2018 tax ret

0

0.46s

Question 18 For 2018, the new tax law will now use the _______ which

A. Chained CPI

10

10.94s

Question 19 For 2018, the new tax law treatment of alimony payments

A. Executed after December 31, 2018

0

54.38s

Question 20 In 2018, the due diligence requirement that has always b

A. The head of household filing status.

0

30.79s

Question 21 If you don t show proper due diligence on how you qualif

A. The IRS will impose a $520 penalty for each failure.

10

14.34s

Question 22 For 2018, it is important that you be aware that you can

B. There is a new $500 nonrefundable credit for dependents

10

10.08s

Question 23 For 2018, foreigners who are individuals should apply fo

B. No longer needs to attach a copy of your tax return when

10

12.85s

Question 24 If you were married on or before December 31, 2018, you

C. You can be considered unmarried for 2018.

10

34.66s

Question 25 If you were married at the end of 2018, even if you did

A. It is always your legal right to file your tax return

10

24.10s

Question 26 If you obtain a court decree of annulment in 2018, which

0

0.02s

Question 27 For 2018, the following is a stipulation that determines

B. You are known in the community as holding a relationship

10

12.49s

Question 28 Unreimbursed employee business expenses, such as job tra

A. Affects the deduction of hobby expenses.

10

18.67s

Question 29 The kiddie tax will most likely apply until the year the

D. All of the above.

10

14.87s

Question 30 Business expenses are those charges that you incur in ca

D. 100% deductible.

10

4.66s

System Language:

en-US

Operating System:

Win32

Screen Resolution:

914x514

Client IP:

174.65.140.132

Client Time:

Wed Oct 17 2018 10:40:57 GMT-0700 (Pacific Daylight Time)

Version:

Mozilla/5.0 (Windows NT 10.0; Win64; x64) AppleWebKit/537.36 (KHTML, like Gecko) Chrome/52

Source URL:

https://herasincometaxschool.com/18taxlawreview/

Candidate:

Rose Jackson

User Identifier 2:

6196751692r@gmail.com

User Identifier 3:

A129272

User Identifier 4:

P00151312

User Identifier 5:

dec546

Quiz Title:

2018 California Final Exam

Overall Result:

PASS

Overall Score:

240/250

Percentage Score:

96

Passing Percentage:

70

Time Results Received:

Oct 17, 05:25:02, 2018

Time Spent:

00:13:14

Question Reference

Answer

Score

Time

Question This deduction can allow you to take a deduction for up to 2

A. California does not conform to the new federal deduction

10

51.35s

Question The following is a true statement about ridesharing fringe b

C. California law provides income exclusions for

10

29.76s

Question California conforms to the federal EITC as to the federal la

0

27.02s

Question The new TCJA tax reform suspends all miscellaneous itemized

C. Both A and B above.

10

18.00s

Question Qualified bicycle commuting reimbursement exclusion has bee

A. Does not conform to the suspension.

10

41.20s

Question On December 22, 2017, the new tax bill went into effect incr

D. All of the above.

10

9.73s

Question New federal tax law limits the NOL deduction to 80 percent o

D. Will continue to allow NOLs to be carried back two years

10

21.70s

Question California does not conform to the federal standard deductio

A. The standard deduction amounts for California are

10

37.59s

Question The provision in the new Tax Cuts and Jobs Act allows studen

C. Both A and B above.

10

25.65s

Question The federal law changes to simplify the kiddie tax by effect

C. California does not conform to the federal

10

36.09s

Question We are mostly concerned with items that differ in preparing

A. You must account for the difference and make the

10

44.71s

Question California agrees and has been conforming to the deduction o

B. Does not conform to the new federal limitation on the

10

11.25s

Question There are many credits, deductions and employee fringe benef

D. None of the above.

10

15.57s

Question The new Tax Cut and Job Act has changed our 2018 SALT The n

D. None, California does not allow a deduction for state and

10

35.91s

Question Very important to remember that if both the state of Califor

B. There is no need to file Schedule CA of Form 540.

10

44.02s

Question An exclusion from gross income of certain military pay recei

B. California also does not conform to allowing a joint

10

39.85s

Question California offers tax breaks for businesses located in econ

D. All of the above.

10

36.12s

Question Due to the fact that the Paid Family Leave (PFL) program is

B. Tax Free for California tax purposes.

10

40.61s

Question The new Tax Cuts and Job Act law has made the deduction for

B. Continues to be 50%.

10

17.19s

Question The following type of eligible medical expenses will change

D. None of the above will differ.

10

41.13s

Question The threshold percentage of unreimbursed medical expenses is

A. Differ - 10 percent for federal taxes and 7.5 percent for

10

45.98s

Question Upon filing a California domestic partnership with the state

A. With this ruling, individuals of the same sex can now

10

27.11s

Question The annual contribution is adjusted for inflation as are mos

B. $14,000 because California does not conform to the

10

51.03s

Question Talking about students and the tax benefits of being a stude

A. Reverse it for California tax purposes by entering the

10

8.98s

Question You should consider tax planning as part of your tax filing

B. Tax planning strategies.

10

13.88s

System Language:

en-US

Operating System:

Win32

Screen Resolution:

914x514

Client IP:

174.65.140.132

Client Time:

Wed Oct 17 2018 06:06:20 GMT-0700 (Pacific Daylight Time)

Version:

Mozilla/5.0 (Windows NT 10.0; Win64; x64) AppleWebKit/537.36 (KHTML, like Gecko) Chrome/52

Source URL:

https://herasincometaxschool.com/recaliforniafinal/

Candidate:

Rose Jackson

User Identifier 2:

6196751692r@gmail.com

User Identifier 3:

A129272

User Identifier 4:

P00454312

User Identifier 5:

dec546

Quiz Title:

2019 California Review Questions

Overall Result:

PASS

Overall Score:

140/150

Percentage Score:

93

Passing Percentage:

70

Time Results Received:

Oct 16, 09:24:54, 2018

Time Spent:

00:09:40

Question Reference

Answer

Score

Time

Question 1 The TCJA tax reform amended section 11(3) to provide a pe

B. We will continue to use the same California Consumer

10

17.03s

Question 2 One of the tax planning strategies is about knowing how n

C. Does not conform with federal to the changes to the NOL

10

30.32s

Question 3 As with married couples, things happen in the relationshi

D. All of the above.

10

32.35s

Question 4 Moving expenses have been suspended by the TCJA for tax y

C. California will continue to allow moving expenses at the

10

21.63s

Question 5 California taxes the interest received from bonds that ar

A. Look forward to paying the tax on the interest earned

10

36.87s

Question 6 The new Tax Cuts and Job Act has also revised the depreci

C. Both A and B above.

10

20.86s

Question 7 All depreciation methods used must be acceptable to Calif

B. Adjust your depreciation and the useful life of the

10

49.24s

Question 8 California mainly conforms to the federal tax law, except

D. Any of the above.

10

36.18s

Question 9 The new Tax Cuts and Jobs Act of 2017 also brought change

C. California wants to keep to the original plan to help

10

62.23s

Question 10 In order to motivate companies to make treatment drugs t

A. Reduced the Orphan Drug credit to 50 percent

0

33.97s

Question 11 There are benefits offered by investing in a Roth IRA wh

C. California conforms to federal tax law on contributions,

10

114.93s

Question 12 You must be able to identity what constitutes unemployme

A. As far as California is concerned, unemployment is not

10

14.66s

Question 13 Now the federal IRC has due diligence requirements for q

D. None, California conforms to the due diligence

10

40.55s

Question 14 The nonrefundable renter s credit, as with the other cre

B. A California Renter's Credit Qualification

10

10.76s

Question 15 If you didn t itemize deductions on your federal tax ret

D. None of the above.

10

41.88s

System Language:

en-US

Operating System:

Win32

Screen Resolution:

914x514

Client IP:

174.65.140.132

Client Time:

Tue Oct 16 2018 10:12:01 GMT-0700 (Pacific Daylight Time)

Version:

Mozilla/5.0 (Windows NT 10.0; Win64; x64) AppleWebKit/537.36 (KHTML, like Gecko) Chrome/52

Source URL:

https://herasincometaxschool.com/18californiareview/

Candidate:

Rose Jackson

User Identifier 2:

6196751692r@gmail.com

User Identifier 3:

A129272

User Identifier 4:

P00454312

User Identifier 5:

dec546

Quiz Title:

2019 Tax Ethics Final

Overall Result:

PASS

Overall Score:

180/200

Percentage Score:

90

Passing Percentage:

70

Time Results Received:

Oct 14, 09:10:28, 2018

Time Spent:

00:19:28

Question Reference

Answer

Score

Time

Question A few things to consider, even the most basic of things abou

D. All of the above.

10

43.40s

Question The ERO may use ___________ as authority to input the taxpa

0

37.33s

Question The director of the Office of Professional Responsibility mu

A. 30 days

10

13.62s

Question You as a tax professional are defined under the FTC as a fin

D. All of the above.

10

44.90s

Question The IRS has identified ___________ as a key indicator of pot

A. Questionable Forms W-2

10

204.19s

Question The new thing this time around is that an individual applyin

B. Form W-7

10

47.28s

Question If you prepared a tax return two years ago when you were par

A. At every stage of the tax returns you prepare to be able

10

37.34s

Question For 2018, you must complete and submit _________ for all pap

A. Form 8867.

10

40.57s

Question The taxpayer who is issued an ITIN is usually not eligible t

A. These people are usually not eligible for an SSN.

10

22.81s

Question You need to answer the questions covering EITC eligibility o

C. Form 8867

10

20.48s

Question A preparer that is also a financial institution, but has not

0

68.16s

Question The IRS can only allow so much abuse and may start sending L

A. $520 for each missing form.

10

19.48s

Question Your client may need to file Form 8862 in 2018 and may be ba

A. Next 10 years.

10

7.61s

Question An examining officer, or other Service officer or employee w

B. The District Director of the taxpayer.

10

11.48s

Question Providers must never put their address in fields reserved fo

C. Form 8453.

10

38.39s

Question Tax preparation is your profession and you should always fol

D. Any of the above.

10

14.16s

Question Filing electronically allows you to receive your refund much

A. 3 weeks.

10

136.27s

Question Under IRC section 6692(g), the new tax law Tax Cuts and Jobs

B. $520 for each failure.

10

69.72s

Question Starting in 2018, you can represent taxpayers if you are

D. Any of the above.

10

31.91s

Question A ________ may be imposed, per I R C §6695(f), on a return

B. $520 penalty.

10

238.43s

System Language:

en-US

Operating System:

Win32

Screen Resolution:

914x514

Client IP:

174.65.140.132

Client Time:

Sun Oct 14 2018 09:40:09 GMT-0700 (Pacific Daylight Time)

Version:

Mozilla/5.0 (Windows NT 10.0; Win64; x64) AppleWebKit/537.36 (KHTML, like Gecko) Chrome/52

Source URL:

https://herasincometaxschool.com/reethicsfinal/

Candidate:

Rose Jackson

User Identifier 2:

6196751692r@gmail.com

User Identifier 3:

A129272

User Identifier 4:

P00454312

User Identifier 5:

dec546

Quiz Title:

2019 Ethics Review Questions

Overall Result:

PASS

Overall Score:

90/100

Percentage Score:

90

Passing Percentage:

70

Time Results Received:

Oct 12, 11:38:22, 2018

Time Spent:

00:02:59

Question Reference

Answer

Score

Time

Question 1 To reduce your risk of identity theft for 2018, you need

D. All of the above.

10

11.46s

Question 2 You should probably modify your interview packets to incl

A.  Will not show due diligence but the fact that you are

10

14.59s

Question 3 In 2018, anytime an ERO enters the taxpayer s PIN on the

C. Both A and B above.

0

10.79s

Question 4 For 2018, the following is a true statement regarding pra

A. The practitioner must use reasonable efforts to identify

10

19.51s

Question 5 To qualify for continuing tax education credit for an enr

D. All of the above.

10

9.03s

Question 6 With respect to any matter administered by the Internal R

D. None of the above.

10

8.37s

Question 7 Tax advisors should provide clients with the highest qual

C. Establishing the facts, determining which facts are

10

17.96s

Question 8 Being convicted of any criminal offense under the revenue

D. Considered disreputable conduct.

10

42.33s

Question 9 Subject to certain limitations, an individual who is not

D. Any of the above.

10

22.88s

Question 10 A durable power of attorney is a power of attorney which

B. Specifies that the appointment of the attorney-in-fact

10

13.52s

System Language:

en-US

Operating System:

Win32

Screen Resolution:

914x514

Client IP:

174.65.140.132

Client Time:

Fri Oct 12 2018 12:21:37 GMT-0700 (Pacific Daylight Time)

Version:

Mozilla/5.0 (Windows NT 10.0; Win64; x64) AppleWebKit/537.36 (KHTML, like Gecko) Chrome/52

Source URL:

https://herasincometaxschool.com/18ethicsreview/

Candidate:

Rose Jackson

User Identifier 2:

6196751692r@gmail.com

User Identifier 3:

A129272

User Identifier 4:

P00454312

User Identifier 5:

dec546

Quiz Title:

2019 Federal Tax Updates

Overall Result:

PASS

Overall Score:

220/300

Percentage Score:

73

Passing Percentage:

70

Time Results Received:

Oct 9, 17:21:12, 2018

Time Spent:

00:48:42

Question Reference

Answer

Score

Time

Question What are these adjustments to income that help you arrive at

D. All of the above.

0

192.04s

Question The general rule is that a repeal of statutory language that

0

9.98s

Question Starting in 2018, under the new tax bill, children with ITIN

C. Refundable.

10

126.07s

Question The Pease Limitation is the overall limitation on itemized d

D. None of the above.

0

430.77s