Hera's Income
Tax School
Gradebook
www.herasincometaxschool.com
1-877-300-6837
Encourage others to
learn
taxes with our Tax School.
Welcome
Back!
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Student Name: |
Long Fa Hwang |
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Address: |
257 CASTRO ST#101 |
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City, State, Zip: |
MOUNTAIN VIEW, CA 94041 |
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Email: |
volvobet@hotmail.com |
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Phone No.: |
(650) 965-3740 |
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CTEC No. : |
A030509 |
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PTIN: |
P01218188 |
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Oregon No. : |
NA |
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EA No.: |
NA |
staticbed54 |
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Course Type: |
Continuing Education |
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2021 Continuing Tax
Education Courses
Tax Professional Registration
(Upon completion, please go to
ctec.org,
Oregon Board of Tax Practitioners,
Maryland or
New York Tax Preparer Registration
to complete your registration and
pay your fees)
Tracker -> 2020 Tax Law Review Questions -> Transcript (LONG FA
HWANG)
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2020 Tax Law Review Questions
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Question 1 The results compared to previous
results give us informat
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Question 2 Practically everything you
received for your work or serv
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Question 3 In 2019, there are penalties for
not filing a required F
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Question 4 For 2019, Schedule B Part III is
where you report a finan
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Question 5 You can try to figure out what to
do about making sure th
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Question 6 What are the types of calculation
methods for claiming of
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Question 7 Individuals always challenge the
constitutionality of tax
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Question 8 In 2019 or any tax year, you
should supply the taxing age
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Question 9 The Internal Revenue Service will
use the 2019 tax return
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Question 10 To determine if you must file a
tax return for 2019, you
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Question 11 Even if you are not required to
file a tax return for 20
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A. If you had income tax withheld from your
pay.
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Question 12 You may be able to include your
child s interest and div
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Question 13 You may have to file a tax
return for 2019 even if your
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Question 14 The head of household filing
status has more requirement
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Question 15 If you do not itemize
deductions, you are entitled to a
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Question 16 Once you are married in 2019,
you can file as
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C. Married Filing jointly only.
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Question 17 You will most likely be
obligated to file a 2019 tax ret
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Question 18 For 2019, the new tax law will
now use the _______ which
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Question 19 For 2019, the new tax law
treatment of alimony payments
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A. Executed after December 31, 2018
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Question 20 In 2019, the due diligence
requirement that has always b
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Question 21 If you don t show proper due
diligence on how you qualif
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A. The IRS will impose a $520 penalty for
each failure.
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Question 22 For 2018, it is important that
you be aware that you can
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B. There is a new $500 nonrefundable credit
for dependents
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Question 23 For 2019, foreigners who are
individuals should apply fo
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A. Should attach a copy of Form 1040 to Form
W-7.
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Question 24 If you were married on or before
December 31, 2019, you
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C. You can be considered unmarried for 2019.
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Question 25 If you were married at the end
of 2019, even if you did
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A. It is always your legal right to file
your tax return
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Question 26 If you obtain a court decree of
annulment in 2019, which
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Question 27 For 2019, the following is a
stipulation that determines
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B. You are known in the community as holding
a relationship
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Question 28 Unreimbursed employee business
expenses, such as job tra
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D. Allows you to deduct a greater deduction
for investment
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Question 29 The kiddie tax will most likely
apply until the year the
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Question 30 Business expenses are those
charges that you incur in ca
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Tracker -> 2019 Federal Tax Updates -> Transcript (LONG FA HWANG)
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Question Starting in 2018, under the new tax
bill, children with ITIN
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Question The new Tax Cuts and Job Act has
also revised the depreciati
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D. Up to $10,000 for first year
depreciation.
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Question There are two items you must
consider in your ability to ded
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B. $750,000 of your home mortgage debt.
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Question The new Tax Cuts and Jobs Act, has
made adjustment to the Se
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Question The new tax legislation, which the
President signed into law
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Question Everything else very much remains
the same as to the qualifi
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A. Allows for a $500 credit for other
dependents who are
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Question The new Tax Cuts and Job Act law
has made the deduction for
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C. It is up to 10 percent to 60 percent.
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Question It has always been that only new
property placed in service
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A. Allows used property too.
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Question In 2018, any 529 withdrawals
continue to be tax-free so long
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Question If your Adjusted Gross Income is
$35,000, you can contribute
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A. 60% of your Adjusted Gross Income.
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Question The general rule is that a repeal
of statutory language that
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B. Is no longer enforceable.
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Question Starting in 2018, the unreimbursed
employee business expense
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Question Other than being at a tax bracket
of 39 6% and being taxed a
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Question The alternative minimum tax will
continue with the new Tax C
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Question Colleges and universities counted
on the previous tax code t
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B. The Tax Cuts and Job Act has repealed the
rule that
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Question The new Tax Cuts and Jobs Act of
2017 will increase the stan
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Question The PATH
Act law states that starting January 1,
2018, bonus
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B. On December 22, 2017, the new tax bill
went into effect
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Question What are these adjustments to
income that help you arrive at
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Question The taxpayer must substantiate on a
contemporaneous acknowle
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Question For 2018, the TCJA retains the
historic rehabilitation tax c
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C. The new TCJA tax law retains the
Renewable Energy
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Question For 2018, if the taxpayer is owed a
refund, the child tax cr
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Question With the new tax legislation,
alimony is treated differently
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A. Because now neither can the payer deduct
it, nor is the
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Question The new Tax Cuts and Jobs Act (TCJA)
has limitations on the
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D. You will not be able to use it because
NOLs have been
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Question New changes will be implemented for
the ABLE in the course o
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B. Achieving a Better Life Experience.
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Question The premium tax credit continues
and thus taxpayers who cont
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B. Is no intention in the code for
discontinuing the premium
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Question For 2018, the deduction for
casualty and theft losses has be
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Question What is the marriage penalty? The
TCJA of 2017 has lowered t
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A. The “marriage penalty” or the higher tax
bill is due
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Question You can discharge your federal and
private student loan debt
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B. Will no longer be treated as taxable
income by the
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Question The TCJA
of 2017 has brought changes to the way pass
through
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A. 20% of the business income and will be
claimed as a
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Question In 2018, there are two classes of
businesses taken into cons
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Tracker -> 2020 Updates Review Questions -> Transcript (LONG FA
HWANG)
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2020 Updates Review Questions
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Question 1 There are many changes that came
about with the new admin
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Question 2 The purpose of the AMT is to
effectively take back some o
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Question 3 The new deduction for
pass-through businesses was created
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B. The total payroll amount paid to
employees.
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Question 4 The kiddie tax will most likely
apply until the year the
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A. The child must file a tax return for the
tax year.
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Question 5 The new Tax Cuts and Jobs Act
also brought change to Sect
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Question 6 There has been a major change to
the NOL carryforward and
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D. The new Tax Cuts and Jobs Act (TCJA)
reform amendments
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Question 7 The Affordable Care Act continues
for another _______ and
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Question 8 There are restrictions placed on
Congress as to what it c
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A. The repeal of the tax penalty is not a
repeal of the
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Question 9 The rules for employer-operated
eating facilities remain
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Tracker -> 2021 Tax Law Final -> Transcript (Long Fa Hwang )
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Question Practically everything you received
for your work or service
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Question To further illustrate, you bought
5,000 shares of XYZ Corp
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B. You have no qualified dividends from XYZ
Corporation
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Question For 2019, if we have $10,000 hobby
income and $10,000 hobby
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Question To determine if you must file a tax
return for 2019, you mus
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D. All income regardless of source.
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Question The new deduction for pass-through
businesses was created by
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Question You can try to figure out what to
do about making sure the I
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Question Individuals always challenge the
constitutionality of taxati
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Question For 2019, a mandatory ______
withholding rate applies to eli
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Question For 2019, the maximum allowed
depreciation expenses for pass
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Question For 2019, the following is a
stipulation that determines if
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B. You are known in the community as holding
a relationship
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Question In 2019, you generally must report
sales and other dispositi
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Question Under the new tax law, Starting in
2019 the qualifying prope
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Question For 2019, foreigners who are
individuals should apply for an
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A. Should attach a copy of Form 1040 to Form
W-7.
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Question The Internal Revenue Service will
use the 2019 tax return in
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Question For 2019, to be able to deduct 50%
of your meals as a busine
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B. Ordinary and necessary in carrying on
your trade or
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Question The head of household filing status
has more requirements to
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A. To have supported a home for your
dependent for more than
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Question There are things you must consider
in your ability to deduct
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Question The Earned Income Tax Credit
remains unchanged under the new
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B. Take into account adjustments for
information.
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Question In 2019 or any tax year, you should
supply the taxing agenci
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B. The most correct information requested on
the tax forms
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Question The Tax Cuts and Jobs Act did not
make any changes to the IR
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Question For 2019, unemployment benefits are
fully taxable and the be
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Question For 2019, expenses that would
normally have nothing to do wi
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Question For 2019, the CDCTC or child care
dependent tax credit allow
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A. If therefore if there is no tax to
cancel, there is no
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Question You must keep records in 2019 to
substantiate your tax retur
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Question Under the new Tax Cuts and Jobs
Act, a qualified 2016 disas
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Question Business income is any income
received from the sale of your
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C. Security deposits and loans.
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Question Even if you are not required to
file a tax return for 2019,
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A. If you had income tax withheld from your
pay.
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Question If you don t show proper due
diligence on how you qualified
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A. The IRS will impose a $520 penalty for
each failure.
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Question You may claim on Form 8863 a
Lifetime Learning credit of up
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Question Once you are married in 2019, you
can file as
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C. Married Filing jointly only.
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Question In 2019, if you are entitled to a
lump-sum distribution from
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B. Making a tax-free rollover within the 90
day period.
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Question Starting in 2019, a taxpayer would
not be allowed to claim a
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A. Will incur a penalty if it does not
provide a written
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Question For 2019, the new tax law treatment
of alimony payments will
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Question For 2019, the personal exemption
which is normally adjusted
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Question If you were married at the end of
2019, even if you did not
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B. If you are married you must file as
married filing
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Question Estimated tax is the method used to
pay Social Security and
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Question For 2019, you are required to
report information about asset
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Question The new Tax Cuts and Jobs Act
expenses that are still deduct
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D. None, the TCJA tax reform has completely
suspended this
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Question For 2019, you must prove or be
ready to prove that you have
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Question You can request an automatic
extension of time to file a 201
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Question For 2019, a report on Foreign Bank
and Financial Accounts, g
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Question If you do not itemize deductions,
you are entitled to a high
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Question For 2019, the simplified method at
arriving at your deductib
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Question You must also consider the time
when you make certain expens
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D. It would not matter as long as the
expenses are made from
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Question The highest 2019 tax rate is
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Question If you obtain a court decree of
annulment in 2019, which hol
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Question In 2020 the deadline to file tax
returns was extended from A
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Question Business expenses are those charges
that you incur in carryi
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Question The suspension of unreimbursed
employee business deductions
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A. The hobby losses will be completely
eliminated.
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Question For some eligible property with
longer production periods, t
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Tracker -> 2021 Ethics Final -> Transcript (Longfa Hwang)
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Question A ________ may be imposed, per I R
C §6695(f), on a return
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Question The director of the Office of
Professional Responsibility mu
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Question A preparer that is also a financial
institution, but has not
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Question For 2019, the following is a true
statement regarding practi
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A. The practitioner must use reasonable
efforts to identify
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Question In 2019, anytime an ERO enters the
taxpayer s PIN on the ele
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A. Must be signed by the taxpayer.
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Question The new thing this time around is
that an individual applyin
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Question The taxpayer who is issued an ITIN
is usually not eligible t
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A. These people are usually not eligible for
an SSN.
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Question Tax advisors should provide clients
with the highest quality
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C. Establishing the facts, determining which
facts are
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Question In tax year 2019, you can represent
taxpayers if you are
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Question Filing electronically allows you to
receive your refund much
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Question A durable power of attorney is a
power of attorney which
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B. Specifies that the appointment of the
attorney-in-fact
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Question You must go into your PTIN account
and sign the ____________
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B. Circular 230 Consent statement.
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Question Your client may need to file Form
8862 in 2019 and may be ba
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Question If you prepared a tax return two
years ago when you were par
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A. At every stage of the tax returns you
prepare to be able
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Question The IRS can only allow so much
abuse and may start sending L
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A. $520 for each missing form.
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Question Providers must never put their
address in fields reserved fo
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Question You should probably modify your
interview packets to include
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A. Will not show due diligence but the fact
that you are
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Question You as a tax professional are
defined under the FTC as a fin
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Question You need to answer the questions
covering EITC eligibility o
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Question A few things to consider, even the
most basic of things abou
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B. Prevent improper or unauthorized
modifications or
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Tracker -> 2021 California Review Questions -> Transcript (Longfa Hwang)
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2021 California Review Questions
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Question 1 The TCJA tax reform amended
section 11(3) to provide a pe
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D. We don't use a
price index in California.
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Question 2 One of the tax planning
strategies is about knowing how n
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C. Does not conform with federal to the
changes to the NOL
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Question 3 As with married couples, things
happen in the relationshi
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Question 4 Moving expenses have been
suspended by the TCJA for tax y
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C. California will continue to allow moving
expenses at the
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Question 5 California taxes the interest
received from bonds that ar
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A. Look forward to paying the tax on the
interest earned
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Question 6 The new Tax Cuts and Job Act has
also revised the depreci
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Question 7 All depreciation methods used
must be acceptable to Calif
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B. Adjust your depreciation and the useful
life of the
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Question 8 California mainly conforms to the
federal tax law, except
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Question 9 The new Tax Cuts and Jobs Act of
2017 also brought change
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C. California wants to keep to the original
plan to help
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Question 10 In order to motivate companies
to make treatment drugs t
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C. No comparable credit but the expenses can
be repurposed.
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Question 11 There are benefits offered by
investing in a Roth IRA wh
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C. California conforms to federal tax law on
contributions,
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Question 12 You must be able to identity
what constitutes unemployme
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A. As far as California is concerned,
unemployment is not
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Question 13 Now the federal IRC has due
diligence requirements for q
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D. None, California conforms to the due
diligence
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Question 14 The nonrefundable renter s
credit, as with the other cre
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Question 15 If you didn t itemize deductions
on your federal tax ret
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Tracker -> 2021 California Final -> Transcript (LONG-FA HWANG)
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Question On December
22, 2017, the new tax bill went into effect inc
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Question An exclusion from gross income of
certain military pay recei
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B. California also does not conform to
allowing a joint
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Question The annual contribution is adjusted
for inflation as are mos
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A. $15,000 because California conforms to
the increase.
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Question Qualified bicycle commuting
reimbursement exclusion has been
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A. Does not conform to the suspension.
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Question As with married couples, things
happen in the relationship t
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Question California does not conform to the
federal standard deductio
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A. The standard deduction amounts for
California are
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Question We are mostly concerned with items
that differ in preparing
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A. You must account for the difference and
make the
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Question The new Tax Cuts and Job Act has
also revised the depreciati
|
|
|
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Question There are many credits, deductions
and employee fringe benef
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Question The nonrefundable renter s credit,
as with the other credits
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B. A California Renter's Credit
Qualification
|
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Question In order to motivate companies to
make treatment drugs that
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C. No comparable credit but the expenses can
be repurposed.
|
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Question The new TCJA tax reform suspends
all miscellaneous itemized
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Question This deduction can allow you to
take a deduction for up to 2
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A. California does not conform to the new
federal deduction
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Question New federal tax law limits the NOL
deduction to 80 percent o
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D. Will continue to allow NOLs to be carried
back two years
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Question Upon filing a California domestic
partnership with the state
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A. With this ruling, individuals of the same
sex can now
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Question You should consider tax planning as
part of your tax filing
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B. Tax planning strategies.
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Question Talking about students and the tax
benefits of being a stude
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A. Reverse it for California tax purposes by
entering the
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Question The new Tax Cut and Job Act has
changed our 2018 SALT The n
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D. None, California does not allow a
deduction for state and
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Question The provision in the new Tax Cuts
and Jobs Act allows studen
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Question The new Tax Cuts and Job Act law
has made the deduction for
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Question Due to the fact that the Paid
Family Leave (PFL) program is
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B. Tax Free for California tax purposes.
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Question The following is a true statement
about ridesharing fringe b
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C. California law provides income exclusions
for
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Question One of the tax planning strategies
is about knowing how net
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Question Now the federal IRC has due
diligence requirements for qual
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D. None, California conforms to the due
diligence
|
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|
Question California taxes the interest
received from bonds that are n
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A. Look forward to paying the tax on the
interest earned
|
|
|
Tracker -> 2021 Ethics Review Questions -> Transcript (Long Fa
Hwang)
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2021 Ethics Review Questions
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Question 1 To reduce your risk of identity
theft for 2019, you need
|
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Question 2 You should probably modify your
interview packets to incl
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A. Will not show due diligence but the fact
that you are
|
|
|
Question 3 In 2019, anytime an ERO enters
the taxpayer s PIN on the
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A. Must be signed by the taxpayer.
|
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Question 4 For 2019, the following is a true
statement regarding pra
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A. The practitioner must use reasonable
efforts to identify
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Question 5 To qualify for continuing tax
education credit for an enr
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Question 6 With respect to any matter
administered by the Internal R
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Question 7 Tax advisors should provide
clients with the highest qual
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C. Establishing the facts, determining which
facts are
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Question 8 Being convicted of any criminal
offense under the revenue
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D. Considered disreputable conduct.
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Question 9 Subject to certain limitations,
an individual who is not
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Question 10 A durable power of attorney is a
power of attorney which
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B. Specifies that the appointment of the
attorney-in-fact
|
|
|
2020 Continuing Tax
Education Courses
Tracker -> 2018
California Final Exam -> Transcript (LONG HWANG)
Summary
Report
Candidate: |
LONG HWANG |
User
Identifier 3: |
A030509 |
User
Identifier 4: |
P01218188 |
User
Identifier 5: |
staticbed54 |
Quiz Title: |
2018
California Final Exam |
Overall
Result: |
PASS |
Overall
Score: |
200/250 |
Percentage
Score: |
80 |
Passing
Percentage: |
70 |
Time Results
Received: |
Jul 12,
14:42:53, 2019 |
Time Spent: |
00:58:34 |
Question Breakdown
Question
Reference |
Answer |
Score |
Time |
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 |
186.71s |
Question On
December 22, 2017, the new tax bill went into effect incr
|
D. All of
the above. |
10 |
36.60s |
Question The
federal law changes to simplify the kiddie tax by effect
|
C.
California does not conform to the federal |
10 |
97.57s |
Question
Talking about students and the tax benefits of being a
stude |
A. Reverse
it for California tax purposes by entering the |
10 |
24.57s |
Question The
following type of eligible medical expenses will change
|
D. None of
the above will differ. |
10 |
18.94s |
Question The
new Tax Cut and Job Act has changed our 2018 SALT The n
|
B. $10,000 |
0 |
6.69s |
Question
California conforms to the federal EITC as to the federal
la |
B. Only if
these amounts are subject to California |
10 |
231.36s |
Question
California agrees and has been conforming to the deduction
o |
B. Does not
conform to the new federal limitation on the |
10 |
153.97s |
Question The
new Tax Cuts and Job Act law has made the deduction for
|
A. Increases
to 60%. |
0 |
24.82s |
Question The
annual contribution is adjusted for inflation as are mos
|
A. $15,000
because California conforms to the increase. |
0 |
203.47s |
Question
There are many credits, deductions and employee fringe
benef |
D. None of
the above. |
10 |
342.03s |
Question The
provision in the new Tax Cuts and Jobs Act allows studen
|
C. Both A
and B above. |
10 |
178.29s |
Question
California does not conform to the federal standard
deductio |
A. The
standard deduction amounts for California are |
10 |
33.40s |
Question Due
to the fact that the Paid Family Leave (PFL) program is
|
B. Tax Free
for California tax purposes. |
10 |
61.77s |
Question The
following is a true statement about ridesharing fringe b
|
C.
California law provides income exclusions for |
10 |
240.34s |
Question An
exclusion from gross income of certain military pay recei
|
D. All of
the above. |
0 |
106.23s |
Question
Upon filing a California domestic partnership with the
state |
A. With this
ruling, individuals of the same sex can now |
10 |
631.40s |
Question The
new TCJA tax reform suspends all miscellaneous itemized
|
C. Both A
and B above. |
10 |
172.68s |
Question
California offers tax breaks for businesses located in econ
|
D. All of
the above. |
10 |
24.54s |
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 |
21.78s |
Question You
should consider tax planning as part of your tax filing
|
B. Tax
planning strategies. |
10 |
21.19s |
Question
Qualified bicycle commuting reimbursement exclusion has bee
|
A. Does not
conform to the suspension. |
10 |
332.19s |
Question We
are mostly concerned with items that differ in preparing
|
A. You must
account for the difference and make the |
10 |
66.92s |
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 |
85.69s |
Question The
threshold percentage of unreimbursed medical expenses is
|
D. Continue
to remain the same for both. |
0 |
196.29s |
|
Tracker -> 2018
Federal Tax Law Final Exam -> Transcript (LONG HWANG)
Summary
Report
Candidate: |
LONG HWANG |
User
Identifier 2: |
volvobet@hotmail.com |
User
Identifier 3: |
A030509 |
User
Identifier 4: |
P01218188 |
User
Identifier 5: |
staticbed54 |
Quiz Title: |
2018 Federal
Tax Law Final Exam |
Overall
Result: |
PASS |
Overall
Score: |
360/500 |
Percentage
Score: |
72 |
Passing
Percentage: |
70 |
Time Results
Received: |
Jul 12,
11:40:09, 2019 |
Time Spent: |
01:15:00 |
Question Breakdown
Question
Reference |
Answer |
Score |
Time |
Question You
must also consider the time when you make certain expens
|
D. It would
not matter as long as the expenses are made from |
0 |
180.74s |
Question
Starting in 2018, as it relates to listed property, each
yea |
B. The
depreciation that would have been computed under
|
0 |
95.82s |
Question In
2018, if you are entitled to a lump-sum distribution from
|
B. Making a
tax-free rollover within the 90 day period. |
0 |
262.71s |
Question For
2018, a report on Foreign Bank and Financial Accounts, g
|
A. Exceeds
$10,000. |
10 |
15.88s |
Question For
2018, under the new Tax Cuts and Jobs Act, the three cap
|
C. Applied
to 20% of the total income level. |
0 |
191.64s |
Question The
new deduction for pass-through businesses was created by
|
D. All of
the above. |
10 |
252.04s |
Question For
2018, a mandatory ______ withholding rate applies to eli
|
B. 20
percent |
10 |
35.63s |
Question The
Earned Income Tax Credit remains unchanged under the new
|
B. Take into
account adjustments for information. |
10 |
160.37s |
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 |
23.72s |
Question If
you expect your 2018 tax liability to be ________ or more
|
A. $1,000. |
10 |
27.70s |
Question
There are things you must consider in your ability to
deduct |
C. Both A
and B above. |
10 |
45.81s |
Question The
Tax Cuts and Jobs Act did not make any changes to the IR
|
D. Any of
the above. |
10 |
33.85s |
Question
There is a penalty for receiving an excessive claim for
refu |
A. 10
percent. |
0 |
117.56s |
Question You
must keep records in 2018 to substantiate your tax retur
|
D. Any of
the above. |
10 |
61.87s |
Question To
further illustrate, you bought 5,000 shares of XYZ Corp
|
A. You have
no qualified dividends from XYZ Corporation. |
0 |
115.12s |
Question For
2018, if you are required to file an FBAR and fail to do
|
C. $100,000. |
0 |
228.33s |
Question If
you are single and receive $25,000 is Social Security ben
|
C. Zero |
10 |
22.25s |
Question
Estimated tax is the method used to pay Social Security and
|
B. Form
1040-ES |
10 |
18.38s |
Question For
2018, there are many things you can do to keep good reco
|
D. Any of
the above. |
10 |
25.04s |
Question For
2018, the personal exemption which is normally adjusted
|
B. $0 |
10 |
17.71s |
Question The
rules for employer-operated eating facilities remain at
|
D. All of
the above. |
10 |
22.21s |
Question In
2018 this end of January date was January 29, 2018 In 20
|
B.
Emancipation Day. |
10 |
29.64s |
Question If
you are married, you can only take an additional standard
|
C. $3,200 |
10 |
96.36s |
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 |
133.28s |
Question For
some eligible property with longer production periods, t
|
D. Any of
the above. |
0 |
68.73s |
Question The
new Tax Cuts and Jobs Act expenses that are still deduct
|
D. None, the
TCJA tax reform has completely suspended this |
0 |
36.63s |
Question In
2018, you generally must report sales and other dispositi
|
C. Form
8949. |
10 |
380.35s |
Question The
highest 2018 tax rate is |
C. 37
percent. |
10 |
80.10s |
Question You
can try to figure out what to do about making sure the I
|
C. Both A
and B above. |
10 |
44.06s |
Question The
older or blind individuals will continue to receive an a
|
A. $1,300
for 2018. |
10 |
84.60s |
Question For
2018, you would deduct a percentage of these expenses -
|
A. Standard
method. |
10 |
134.46s |
Question You
are allowed to contribute and deduct up to 60% of your A
|
A. $21,000 |
10 |
163.79s |
Question You
may contribute to a dependent care FSA if you expect to
|
A. $5,000. |
0 |
124.77s |
Question For
2018, you must prove or be ready to prove that you have
|
D. All of
the above. |
10 |
26.22s |
Question You
may claim on Form 8863 a Lifetime Learning credit of up
|
B. $2,000 |
10 |
189.29s |
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 |
244.94s |
Question For
2018, you are required to report information about asset
|
C. $10,000. |
0 |
17.70s |
Question
Business income is any income received from the sale of
your |
C. Security
deposits and loans. |
10 |
32.53s |
Question For
2018, expenses that would normally have nothing to do wi
|
B. 100
percent. |
10 |
51.36s |
Question For
2018, unemployment benefits are fully taxable and the be
|
C. Form
1099-G. |
10 |
51.88s |
Question
Under the new Tax Cuts and Jobs Act, a qualified 2016 disas
|
A. 10
percent. |
10 |
16.70s |
Question For
2018, the maximum allowed depreciation expenses for pass
|
B. $25,000
limitation. |
10 |
84.92s |
Question
Under the new tax law, Starting in 2018 the qualifying
prope |
D. Any of
the above. |
10 |
18.48s |
Question
Practically everything you received for your work or
service |
D. All of
the above. |
10 |
20.90s |
Question For
2018, the simplified method at arriving at your deductib
|
B. $5,000. |
0 |
186.93s |
Question
When a taxpayer dies, his standard deduction is what it
woul |
B. $13,600 |
0 |
32.51s |
Question For
2018, if we have $10,000 hobby income and $10,000 hobby
|
B. $10,000 |
10 |
37.08s |
Question You
can request an automatic extension of time to file a 201
|
C. Form
4868. |
10 |
10.31s |
Question The
suspension of unreimbursed employee business deductions
|
A. The hobby
losses will be completely eliminated. |
10 |
81.16s |
Question
Starting in 2018, a taxpayer would not be allowed to claim
a |
A. Will
incur a penalty if it does not provide a written
|
0 |
28.39s |
|
Tracker -> 2020
Tax Law Review Questions -> Transcript (LONG HWANG)
Summary
Report
Candidate: |
LONG HWANG |
User
Identifier 2: |
volvobet@hotmail.com |
User
Identifier 3: |
A030509 |
User
Identifier 4: |
P01218188 |
Quiz Title: |
2020 Tax Law
Review Questions |
Overall
Result: |
PASS |
Overall
Score: |
270/300 |
Percentage
Score: |
90 |
Passing
Percentage: |
70 |
Time Results
Received: |
Jul 11,
16:29:12, 2019 |
Time Spent: |
00:05:09 |
Question Breakdown
Question
Reference |
Answer |
Score |
Time |
Question 1
The results compared to previous results give us informat
|
A. Rising
prices. |
10 |
4.73s |
Question 2
Practically everything you received for your work or serv
|
D. All of
the above. |
10 |
2.06s |
Question 3
In 2019, there are penalties for not filing a required F
|
C. Both A or
B above. |
10 |
1.53s |
Question 4
For 2019, Schedule B Part III is where you report a finan
|
D. Any of
the above. |
10 |
2.16s |
Question 5
You can try to figure out what to do about making sure th
|
C. Both A
and B above. |
10 |
2.02s |
Question 6
What are the types of calculation methods for claiming of
|
C. Either A
or B above. |
10 |
4.07s |
Question 7
Individuals always challenge the constitutionality of tax
|
C. Both A
and B above. |
10 |
3.15s |
Question 8
In 2019 or any tax year, you should supply the taxing age
|
B. The most
correct information requested on the tax forms |
10 |
3.38s |
Question 9
The Internal Revenue Service will use the 2019 tax return
|
D. All of
the above. |
10 |
5.40s |
Question 10
To determine if you must file a tax return for 2019, you
|
D. All
income regardless of source. |
0 |
2.41s |
Question 11
Even if you are not required to file a tax return for 20
|
D. Any of
the above. |
10 |
3.94s |
Question 12
You may be able to include your child s interest and div
|
D. Any of
the above. |
10 |
1.38s |
Question 13
You may have to file a tax return for 2019 even if your
|
D. Only A
and B above. |
10 |
2.12s |
Question 14
The head of household filing status has more requirement
|
D. Any of
the above. |
0 |
1.95s |
Question 15
If you do not itemize deductions, you are entitled to a
|
B. January
2, 1955 |
10 |
2.62s |
Question 16
Once you are married in 2019, you can file as |
C. Married
Filing jointly only. |
0 |
5.42s |
Question 17
You will most likely be obligated to file a 2019 tax ret
|
D. Any of
the above. |
10 |
3.66s |
Question 18
For 2019, the new tax law will now use the _______ which
|
A. Chained
CPI |
10 |
2.92s |
Question 19
For 2019, the new tax law treatment of alimony payments
|
C. Either A
or B above. |
10 |
2.40s |
Question 20
In 2019, the due diligence requirement that has always b
|
D. All of
the above. |
10 |
1.31s |
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 |
6.24s |
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 |
3.19s |
Question 23
For 2019, foreigners who are individuals should apply fo
|
B. No longer
needs to attach a copy of your tax return when |
10 |
1.79s |
Question 24
If you were married on or before December 31, 2019, you
|
C. You can
be considered unmarried for 2019. |
10 |
3.38s |
Question 25
If you were married at the end of 2019, even if you did
|
A. It is
always your legal right to file your tax return
|
10 |
1.91s |
Question 26
If you obtain a court decree of annulment in 2019, which
|
D. All of
the above. |
10 |
3.50s |
Question 27
For 2019, the following is a stipulation that determines
|
B. You are
known in the community as holding a relationship
|
10 |
3.93s |
Question 28
Unreimbursed employee business expenses, such as job tra
|
A. Affects
the deduction of hobby expenses. |
10 |
2.12s |
Question 29
The kiddie tax will most likely apply until the year the
|
D. All of
the above. |
10 |
202.15s |
Question 30
Business expenses are those charges that you incur in ca
|
D. 100%
deductible. |
10 |
3.03s |
|
Tracker -> 2019 California
Review Questions -> Transcript (LONG HWANG)
Summary
Report
Candidate: |
LONG HWANG |
User
Identifier 2: |
volvobet@hotmail.com |
User
Identifier 3: |
A030509 |
User
Identifier 4: |
P01218188 |
User
Identifier 5: |
staticbed54 |
Quiz Title: |
2019
California Review Questions |
Overall
Result: |
PASS |
Overall
Score: |
150/150 |
Percentage
Score: |
100 |
Passing
Percentage: |
70 |
Time Results
Received: |
Jul 10,
16:05:43, 2019 |
Time Spent: |
00:01:10 |
Question Breakdown
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 |
11.22s |
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 |
1.53s |
Question 3
As with married couples, things happen in the relationshi
|
D. All of
the above. |
10 |
5.12s |
Question 4
Moving expenses have been suspended by the TCJA for tax y
|
C.
California will continue to allow moving expenses at the
|
10 |
3.62s |
Question 5
California taxes the interest received from bonds that ar
|
A. Look
forward to paying the tax on the interest earned
|
10 |
6.84s |
Question 6
The new Tax Cuts and Job Act has also revised the depreci
|
C. Both A
and B above. |
10 |
4.34s |
Question 7
All depreciation methods used must be acceptable to Calif
|
B. Adjust
your depreciation and the useful life of the |
10 |
2.08s |
Question 8
California mainly conforms to the federal tax law, except
|
D. Any of
the above. |
10 |
3.71s |
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 |
2.75s |
Question 10
In order to motivate companies to make treatment drugs t
|
C. No
comparable credit but the expenses can be repurposed. |
10 |
5.80s |
Question 11
There are benefits offered by investing in a Roth IRA wh
|
C.
California conforms to federal tax law on contributions,
|
10 |
4.53s |
Question 12
You must be able to identity what constitutes unemployme
|
A. As far as
California is concerned, unemployment is not |
10 |
1.88s |
Question 13
Now the federal IRC has due diligence requirements for q
|
D. None,
California conforms to the due diligence |
10 |
2.40s |
Question 14
The nonrefundable renter s credit, as with the other cre
|
B. A
California Renter's Credit Qualification
|
10 |
5.71s |
Question 15
If you didn t itemize deductions on your federal tax ret
|
D. None of
the above. |
10 |
1.71s |
|
Tracker -> 2019
Tax Ethics Final -> Transcript (LONG HWANG)
Summary
Report
Candidate: |
LONG HWANG |
User
Identifier 2: |
volvobet@hotmail.com |
User
Identifier 3: |
A030509 |
User
Identifier 4: |
P01218188 |
User
Identifier 5: |
staticbed54 |
Quiz Title: |
2019 Tax
Ethics Final |
Overall
Result: |
PASS |
Overall
Score: |
180/200 |
Percentage
Score: |
90 |
Passing
Percentage: |
70 |
Time Results
Received: |
Jul 8,
14:17:51, 2019 |
Time Spent: |
00:34:49 |
Question Breakdown
Question
Reference |
Answer |
Score |
Time |
Question The
IRS has identified ___________ as a key indicator of pot
|
A.
Questionable Forms W-2 |
10 |
106.73s |
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 |
69.23s |
Question
Starting in 2018, you can represent taxpayers if you are
|
D. Any of
the above. |
10 |
18.93s |
Question
Your client may need to file Form 8862 in 2018 and may be
ba |
A. Next 10
years. |
10 |
147.38s |
Question You
need to answer the questions covering EITC eligibility o
|
C. Form 8867 |
10 |
29.52s |
Question Tax
preparation is your profession and you should always fol
|
D. Any of
the above. |
10 |
132.33s |
Question A
preparer that is also a financial institution, but has not
|
D. Any of
the above. |
10 |
164.18s |
Question You
must go into your PTIN account and sign the ____________
|
B. Circular
230 Consent statement. |
10 |
251.18s |
Question An
examining officer, or other Service officer or employee w
|
B. The
District Director of the taxpayer. |
10 |
86.56s |
Question
Filing electronically allows you to receive your refund
much |
B. 2 weeks. |
0 |
240.98s |
Question The
new thing this time around is that an individual applyin
|
B. Form W-7 |
10 |
27.84s |
Question You
as a tax professional are defined under the FTC as a fin
|
D. All of
the above. |
10 |
39.74s |
Question A
few things to consider, even the most basic of things abou
|
D. All of
the above. |
10 |
67.66s |
Question The
IRS can only allow so much abuse and may start sending L
|
A. $520 for
each missing form. |
10 |
238.57s |
Question
Under IRC section 6692(g), the new tax law Tax Cuts and
Jobs |
B. $520 for
each failure. |
10 |
122.69s |
Question For
2018, you must complete and submit _________ for all pap
|
A. Form
8867. |
10 |
50.41s |
Question The
taxpayer who is issued an ITIN is usually not eligible t
|
A. These
people are usually not eligible for an SSN. |
10 |
42.53s |
Question
Providers must never put their address in fields reserved
fo |
C. Form
8453. |
10 |
145.88s |
Question The
ERO may use ___________ as authority to input the taxpa
|
B.
Pre-signed authorizations |
10 |
53.80s |
Question The
director of the Office of Professional Responsibility mu
|
C. 90 days |
0 |
39.78s |
|
Tracker -> 2019
Ethics Review Questions -> Transcript (LONG FA HWANG )
Summary
Report
Candidate: |
LONG FA
HWANG |
User
Identifier 2: |
volvobet@hotmail.com |
User
Identifier 3: |
A030509 |
User
Identifier 4: |
P01218188 |
User
Identifier 5: |
staticbed54 |
Quiz Title: |
2019 Ethics
Review Questions |
Overall
Result: |
PASS |
Overall
Score: |
100/100 |
Percentage
Score: |
100 |
Passing
Percentage: |
70 |
Time Results
Received: |
Jul 8,
13:39:14, 2019 |
Time Spent: |
00:00:44 |
Question Breakdown
Question
Reference |
Answer |
Score |
Time |
Question 1
To reduce your risk of identity theft for 2018, you need
|
D. All of
the above. |
10 |
7.53s |
Question 2
You should probably modify your interview packets to incl
|
A. Will not
show due diligence but the fact that you are |
10 |
5.35s |
Question 3
In 2018, anytime an ERO enters the taxpayer s PIN on the
|
A. Must be
signed by the taxpayer. |
10 |
3.73s |
Question 4
For 2018, the following is a true statement regarding pra
|
A. The
practitioner must use reasonable efforts to identify
|
10 |
1.27s |
Question 5
To qualify for continuing tax education credit for an enr
|
D. All of
the above. |
10 |
4.16s |
Question 6
With respect to any matter administered by the Internal R
|
D. None of
the above. |
10 |
5.40s |
Question 7
Tax advisors should provide clients with the highest qual
|
C.
Establishing the facts, determining which facts are
|
10 |
3.55s |
Question 8
Being convicted of any criminal offense under the revenue
|
D.
Considered disreputable conduct. |
10 |
2.72s |
Question 9
Subject to certain limitations, an individual who is not
|
D. Any of
the above. |
10 |
2.44s |
Question 10
A durable power of attorney is a power of attorney which
|
B. Specifies
that the appointment of the attorney-in-fact |
10 |
2.92s |
|
Tracker -> 2019
Federal Tax Updates -> Transcript (LONG FA HWANG)
Summary
Report
Candidate: |
LONG FA
HWANG |
User
Identifier 2: |
volvobet@hotmail.com |
User
Identifier 3: |
A030509 |
User
Identifier 4: |
P01218188 |
User
Identifier 5: |
staticbed54 |
Quiz Title: |
2019 Federal
Tax Updates |
Overall
Result: |
PASS |
Overall
Score: |
270/300 |
Percentage
Score: |
90 |
Passing
Percentage: |
70 |
Time Results
Received: |
Jul 5,
13:10:10, 2019 |
Time Spent: |
00:49:18 |
Question Breakdown
Question
Reference |
Answer |
Score |
Time |
Question In
2018, the part of the entertainment expense that is for m
|
A. 50% of
your business-related meal expenses which is |
10 |
383.45s |
Question Now
amongst other things, the new TCJA tax reform will doubl
|
A. Allows
for a new $500 per dependent. |
10 |
24.72s |
Question For
2018, the deduction for casualty and theft losses has be
|
A. In effect
for individual who are victims or a federally |
0 |
257.28s |
Question If
an employer reimburses an employee for a business expense
|
B. The
employee is no longer allowed to claim a tax |
10 |
116.30s |
Question
Many taxpayers are misinformed and believe that the
Affordab |
A. The ACA
continues as if there is no Tax Cuts and Jobs Act |
10 |
42.60s |
Question If
your Adjusted Gross Income is $35,000, you can contribute
|
A. 60% of
your Adjusted Gross Income. |
10 |
170.00s |
Question The
PATH Act law states that starting January 1, 2018, bonus
|
A. This new
tax bill will not allow a business deduction any |
0 |
120.02s |
Question
Everything else very much remains the same as to the
qualifi |
A. Allows
for a $500 credit for other dependents who are |
10 |
28.87s |
Question
After the 2017 and 2018 tax years in which the 7 5 percent
m |
B. Revert to
10 percent which means a lower medical |
10 |
64.09s |
Question If
any part of your payment toward a charitable contribution
|
C. Both A
and B. |
10 |
173.08s |
Question It
has always been that only new property placed in service
|
A. Allows
used property too. |
10 |
202.10s |
Question The
new Tax Cuts and Jobs Act of 2017 will increase the stan
|
A. $12,000;
$24,000 |
10 |
23.45s |
Question In
2018 and each year a passenger auto is depreciated, the d
|
C. Limited
to the lesser of A or B above. |
10 |
16.89s |
Question If
you are both the owner and the beneficiary on both accoun
|
A. The funds
rolled over from the 529 college savings |
10 |
168.77s |
Question
What are these adjustments to income that help you arrive
at |
A. Repayment
of supplemental unemployment benefits required |
10 |
222.95s |
Question
What is the marriage penalty? The TCJA of 2017 has lowered
t |
A. The
“marriage penalty” or the higher tax bill is due
|
10 |
77.95s |
Question
Other than being at a tax bracket of 39 6% and being taxed
a |
D. All of
the above. |
10 |
31.91s |
Question If
the employer chooses to provide the fringe benefit affect
|
A. The
employer will be able to claim a tax deduction for
|
10 |
152.03s |
Question The
premium tax credit continues and thus taxpayers who cont
|
B. Is no
intention in the code for discontinuing the premium |
10 |
75.84s |
Question
Colleges and universities counted on the previous tax code
t |
B. The Tax
Cuts and Job Act has repealed the rule that |
10 |
29.63s |
Question The
TCJA of 2017 has brought changes to the way pass through
|
A. 20% of
the business income and will be claimed as a |
10 |
31.89s |
Question New
changes will be implemented for the ABLE in the course o
|
B. Achieving
a Better Life Experience. |
10 |
106.13s |
Question The
Pease Limitation is the overall limitation on itemized d
|
A. The
overall limitation on itemized deductions is |
10 |
81.19s |
Question How
will the new IRA recharacterization rules affect taxpaye
|
A. The new
Tax Cuts and Jobs Act (TCJA) has removed your |
10 |
52.87s |
Question One
of the main provisions of the Obamacare is the guarantee
|
D. All of
the above. |
10 |
41.86s |
Question In
2018, the deduction for a pass through qualified trade or
|
A. 20% of
QBI. |
10 |
12.20s |
Question The
new Tax Cut and Job Act has changed our SALT for 2018 T
|
C. Limited
to $10,000 in total starting in 2018. |
10 |
23.46s |
Question
There are two items you must consider in your ability to
ded |
B. $750,000
of your home mortgage debt. |
10 |
20.83s |
Question The
general rule is that a repeal of statutory language that
|
A. Is not
routinely off-limits in the budget reconciliation
|
0 |
97.80s |
Question In
2018, there are two classes of businesses taken into cons
|
D. All of
the above. |
10 |
89.52s |
|
Tracker -> 2019
Updates Review Questions -> Transcript (Long Fa Hwang)
Summary
Report
Candidate: |
Long Fa
Hwang |
User
Identifier 2: |
volvobet@hotmail.com |
User
Identifier 3: |
A030509 |
User
Identifier 4: |
P01218188 |
User
Identifier 5: |
staticbed54 |
Quiz Title: |
2019 Updates
Review Questions |
Overall
Result: |
PASS |
Overall
Score: |
80/90 |
Percentage
Score: |
89 |
Passing
Percentage: |
70 |
Time Results
Received: |
Jul 5,
09:53:24, 2019 |
Time Spent: |
00:00:56 |
Question Breakdown
Question
Reference |
Answer |
Score |
Time |
Question 1
There are many changes that came about with the new admin
|
B. $2,000 |
10 |
4.03s |
Question 2
The purpose of the AMT is to effectively take back some o
|
C. Both A
and B above. |
10 |
2.75s |
Question 3
The new deduction for pass-through businesses was created
|
D. All of
the above. |
10 |
2.76s |
Question 4
The kiddie tax will most likely apply until the year the
|
B. The
child's net unearned income for the year
|
10 |
18.10s |
Question 5
The new Tax Cuts and Jobs Act also brought change to Sect
|
D. All of
the above. |
10 |
6.31s |
Question 6
There has been a major change to the NOL carryforward and
|
B. In the
new tax reform, NOLs are allowed to carry a NOL
|
0 |
2.37s |
Question 7
The Affordable Care Act continues for another _______ and
|
B. Two
years. |
10 |
1.54s |
Question 8
There are restrictions placed on Congress as to what it c
|
A. The
repeal of the tax penalty is not a repeal of the
|
10 |
2.03s |
Question 9
The rules for employer-operated eating facilities remain
|
D. All of
the above. |
10 |
2.41s |
|
2018 Results:
2018/2019 Continuing Tax
Education Course
*You
can complete the above or you can mix
and match.
Results 2018
Tracker ->
2018 Tax
Law Exam
-> Transcript (Long Fa Hwang)
Summary Report
Candidate: |
Long Fa Hwang |
User Identifier 2: |
Volvobet @hotmail.com |
User Identifier 3: |
A030509 |
User Identifier 4: |
P01218188 |
User Identifier 5: |
staticbed54 |
Quiz Title: |
2018 Tax Law Exam
|
Overall Result: |
PASS |
Overall Score: |
830/1000 |
Percentage Score: |
83 |
Passing Percentage: |
70 |
Time Results Received: |
Jun 27, 17:34:45, 2018 |
Time Spent: |
01:27:33 |
Question Breakdown
Question Reference |
Answer |
Score |
Time |
Question What is the
most important thing in
taxation? |
B. Keeping good
records. |
10 |
26.31s |
Question You generally
cannot claim a married
person as a dependent i
|
A. Taxes were taken out
of their pay so they
file a joint
|
10 |
48.90s |
Question What is one of
the most unprofessional
thing that you can ev
|
C. Call your client
after the interview to
gather |
0 |
9.94s |
Question Individuals
always challenge the
constitutionality of
taxati |
C. Both A and B above. |
10 |
17.11s |
Question To meet this
test, your dependent
must be your son,
daughter |
B. The relationship
test. |
10 |
14.86s |
Question If you are a
bona fide resident of
Puerto Rico for the
whole |
D. A and B above. |
0 |
18.71s |
Question Once you add
up all the expenses and
take into account what
|
A. You have met the
requirement of paying
more than half the |
10 |
29.75s |
Question The head of
household filing status
has more requirements
to |
A. To have supported a
home for your dependent
for more than |
10 |
21.29s |
Question The person who
agrees to take the
exemption under a
multiple |
A. Makes sure the
others attach Form 2120
to their tax
|
0 |
82.37s |
Question You can claim
an exemption for
someone even if you do
not me |
C. Both A and B above. |
10 |
17.41s |
Question If you do not
itemize deductions, you
are entitled to a high
|
B. January 2, 1952 |
10 |
3.35s |
Question You should
supply the taxing
agencies with
|
D. All of the above. |
0 |
17.78s |
Question The return
that is missing
important information
will be |
D. Only A and B above. |
10 |
35.60s |
Question If under local
law the child s parent
has the right to the e
|
A. The parent is liable
to pay the tax. |
10 |
20.53s |
Question There are four
tests that must be met
for a person to be you
|
C. The residency test. |
10 |
9.97s |
Question Even if you
are not required to
file a tax return, you
shoul |
D. Any of the above. |
10 |
20.44s |
Question If you are a
married dependent, and
you were either age
over |
B. Your unearned income
was more than $1,050 or
your earned
|
0 |
107.66s |
Question If you only
owe household
employment taxes, you
|
A. You can pay by
filing Schedule H and
will not be required |
10 |
12.17s |
Question If you only
have household
employment taxes and
the only rea
|
D. Schedule H by
itself. |
10 |
21.60s |
Question If you could
be claimed as a
dependent by another
person, you
|
C. Both A and B above. |
10 |
15.45s |
Question If you buy an
item that is to benefit
the entire family such
|
B. Would not be
considered support
towards the child. |
10 |
18.37s |
Question The year you
provide the support is
the year you pay for it
|
B. This is considered
provided support by you
regardless if
|
10 |
23.18s |
Question A person who
is a dependent may have
to file a return depend
|
D. Any of the above. |
10 |
10.21s |
Question You should
incorporate all
worksheets and as many
worksheets |
D. All of the above |
0 |
14.12s |
Question Even if you
don t make enough money
to file a tax return,
yo |
B. You qualify for the
Earned Income Credit,
even if you
|
10 |
30.08s |
Question If you are
required to file a tax
return but you fail or
wil |
C. Both A and B above. |
10 |
12.35s |
Question Qualifying
relatives would usually
be people from your
exten |
A. Your uncles and
aunts. |
10 |
15.93s |
Question The client may
need a copy of the tax
return because he or s
|
B. Can charge for the
copy but you must be
able to produce
|
10 |
34.31s |
Question If you file a
separate tax return,
you can claim an
exemptio |
D. All of the above. |
10 |
14.03s |
Question If you have a
choice on which filing
status to use, you
|
D. All of the above. |
10 |
11.03s |
Question If you had
federal withholding or
any state tax withheld,
yo |
A. You did not make
enough money to even
file a tax return. |
10 |
52.79s |
Question If a dependent
child must file an
income tax return but
cann |
A. A parent, guardian,
or other legally
responsible person
|
10 |
28.57s |
Question Although a
child can be a
qualifying child of
more than one
|
A. An exemption for the
child and the Head of
Household |
0 |
42.39s |
Question If you had
income from Guam, the
Commonwealth of the
Norther |
D. All of the above. |
10 |
87.70s |
Question When taking
the rules and tests for
claiming exemptions
into |
B. Cannot be used if
the person who
kidnapped the child is
|
10 |
206.28s |
Question Sometimes
filing a tax return is
not required if you did
not |
D. Any of the above. |
10 |
16.05s |
Question If you are a U
S citizen and also a
bona fide resident of P
|
A. For any year in
which you meet the
income requirements. |
10 |
59.89s |
Question Adopted
children are your
children and
|
A. There is not
distinction on tax
returns when following
|
10 |
7.17s |
Question You may be
able to include your
child s interest and
dividen |
A. $10,500. |
10 |
102.25s |
Question To meet the
support test,
|
A. The child cannot
have provided more than
half of his or
|
10 |
82.06s |
Question If your child
is considered
temporarily absent from
home, yo |
D. Any of the above. |
10 |
4.07s |
Question To determine
which person can treat
the child as a
qualifyin |
C. If only one of the
persons is the
child's parent |
10 |
154.76s |
Question You must file
a tax return if
|
B. You owe any
self-employment tax. |
10 |
29.72s |
Question Your filing
status generally
depends on |
B. Whether you are
single or married at
the end of the year. |
10 |
13.71s |
Question You can claim
an exemption for a
qualifying child or
qualify |
D. All of the above. |
10 |
10.40s |
Question You will most
likely be obligated to
file a tax return if
|
D. Any of the above. |
10 |
14.21s |
Question If you and
your spouse file
separate tax returns,
your spous |
B. And does not have to
live with you all year
as a member
|
0 |
107.59s |
Question You have
provided more than half
of support in the
following |
D. None of the above. |
10 |
11.29s |
Question Your child
must pass the residency
test in order to
qualify |
B. Must have lived with
you for more than half
of the year. |
10 |
15.11s |
Question You must
determine your filing
status before you can
determi |
A. Whether you are
eligible to claim
certain deductions and
|
10 |
51.33s |
Question Once you
determine if you are
single, married filing
jointly |
D. All of the above. |
10 |
18.95s |
Question Each filing
status requires a
different dollar amount
It se |
A. Has far less
responsibilities than
does a person who is
|
10 |
8.72s |
Question There are four
tests that must be met
for a person to be you
|
D. None of the above. |
10 |
35.86s |
Question The Internal
Revenue Service
encourages individuals
and busi |
D. All of the above. |
10 |
23.05s |
Question Even if you do
not have to file a tax
return, you should fil
|
D. Any of the above. |
10 |
16.04s |
Question Whether you
must file a federal
income tax return
depends on |
D. Any of the above. |
10 |
83.64s |
Question Whether you
must file a federal
income tax return
depends on |
D. All of the above. |
10 |
26.00s |
Question If more than
one filing status
applies to you, choose
the on |
A. Married Filing
Jointly. |
0 |
54.29s |
Question You may be
able to include your
child s interest and
dividen |
D. Any of the above. |
10 |
15.55s |
Question If your spouse
died during the tax
year, you are
considered |
A. Must file a joint
tax return with your
new spouse. |
10 |
23.19s |
Question You must
determine your filing
status before you can
determi |
C. Standard deduction
and correct tax. |
10 |
54.70s |
Question Just like a
qualifying child, a
qualifying relative
must |
C. Both A and B above. |
10 |
69.58s |
Question When you and
your brother each
provide 20% of your
mother s |
C. The people not
related to her can each
claim an exemption |
0 |
255.20s |
Question You have
provided more than half
of support in the
following |
D. None of the above. |
10 |
8.37s |
Question If the parents
divorced or separated
during the year and the
|
D. Any of the above. |
10 |
65.33s |
Question You can claim
an exemption under a
multiple support
agreement |
B. And you
don't have to
be related to them to
claim |
10 |
174.78s |
Question You generally
cannot claim a married
person as a dependent i
|
C. He or she files only
to claim for a refund
and no tax |
10 |
271.45s |
Question You may be
able to include your
child s interest and
dividen |
C. Both A and B above. |
10 |
74.26s |
Question The parent of
a child under age 19
(or 24 if a student),
may |
A. The child will not
have to file a return. |
10 |
82.67s |
Question If a dependent
child must file an
income tax return but
cann |
A. The parent or
guardian must sign the
child's name |
10 |
15.19s |
Question Even if you do
not have to file a tax
return, you should fil
|
D. All of the above. |
10 |
67.83s |
Question Qualifying
relatives other than
your father or mother,
who l |
B. Do not have to live
with you in order to
claim their
|
0 |
22.90s |
Question A child is
treated as living with
a parent for a night if
|
C. The child sleeps in
the company of the
parent, when the
|
10 |
297.63s |
Question The new tax
education requirements
make you responsible
for |
D. All of the above. |
10 |
9.06s |
Question The income
your received could be
income your receive
from a |
D. Any of the above. |
10 |
10.29s |
Question Your standard
deduction increases for
each filing status if
|
B. January 2, 1952 |
10 |
6.21s |
Question To be a
qualifying child, the
child must meet the
jointly re |
B. The child cannot
file a joint return for
the year. |
0 |
161.73s |
Question Your mother
lives with you and
receives 20% of her
support f |
A. Either you or your
uncle and the other two
friends can
|
10 |
85.22s |
Question There are many
rules and tests that
you must abide by in
ord |
D. All of the above. |
10 |
167.34s |
Question A dependent
cannot claim his or her
own exemption if
|
A. Dependent is able to
be claimed on someone
else's |
10 |
94.23s |
Question Your
qualifying relative
must not be your
qualifying child a
|
A. "Not a
Qualifying Child
Test". |
10 |
24.44s |
Question A child is
temporarily absent due
to vacation and you are
ex |
A. You cannot consider
him or her as being on
temporary |
10 |
68.24s |
Question The Internal
Revenue Service uses
the information you
supply |
D. All of the above. |
10 |
8.87s |
Question You may have
to file a tax return
even if your gross
income |
D. Only A and B above. |
10 |
153.44s |
Question If you are a
dependent, you must
file a tax return for
2016 |
C. Over the standard
deduction amount for a
single taxpayer. |
10 |
202.38s |
Question You may be
able to include your
child s interest and
dividen |
A. $10,500. |
10 |
9.90s |
Question If the total
amount you paid is more
than the amount others
|
A. You meet the
requirement of paying
more than half the
|
0 |
215.67s |
Question Age is a
factor in determining
if you must file a tax
return |
A. Only if you are 65
or older at the end of
your tax year. |
0 |
15.22s |
Question Once you are
married you can file as
|
C. Married Filing
jointly only. |
0 |
140.91s |
Question Practically
any traditional school
setting would count for
t |
D. "Co-op"
jobs in a private
industry that |
10 |
7.27s |
Question Age is a
factor in determining
if you must file a
return |
C. Only if you are 65
or older at the end of
the tax year. |
10 |
11.62s |
Question If you are a
Single dependent, and
you were either age
over |
D. Any of the above. |
0 |
52.28s |
Question When you ask a
tax client if they are
a dependent, which is
|
A. "Can anyone
else claim you as a
dependent on
|
10 |
18.70s |
Question If you are a
nonresident alien
(other than a resident
of Can |
D.
"Co-op"
jobs in a private
industry that |
10 |
13.87s |
Question Your
qualifying relative
must meet tests to be
your qualify
|
C. Member of household
test. |
10 |
17.30s |
Question To determine
if you must file a tax
return, you must
include |
C. Both A and B above. |
10 |
14.75s |
Question If you have a
child who was placed
with you by an
authorized |
B. Get an adoption
taxpayer identification
number (ATIN) for |
10 |
21.87s |
Question Earned income
for purposes of filing
requirements and the st
|
D. All of the above. |
10 |
20.38s |
Question To be your
qualifying child, a
child who is not
permanently
|
D. Younger than you or
your spouse but not
both of you. |
10 |
19.77s |
Question If you hire
housekeepers, maids,
babysitters, and
gardeners, |
A. You may owe
household employment
taxes. |
0 |
21.76s |
Technical Record
System Language: |
en-US |
Operating System: |
iPad |
Screen Resolution: |
768x1024 |
Client IP: |
24.4.220.189 |
Client Time: |
Wed Jun 27 2018
17:05:34 GMT-0700 (PDT) |
Version: |
Mozilla/5.0 (iPad; CPU
OS 11_2_6 like Mac OS
X) AppleWebKit/604.5.6
(KHTML, like Gecko) Ve |
Source URL: |
https://herasincometaxschool.com/18lawq/ |
|
Tracker ->
2018 - California
Exam ->
Transcript (Long Fa Hwang)
Summary Report
Candidate: |
Long Fa Hwang |
User Identifier 2: |
volvobet@hotmail.com |
User Identifier 3: |
A030509 |
User Identifier 4: |
P01218188 |
User Identifier 5: |
staticbed54 |
Quiz Title: |
2018 - California Exam
|
Overall Result: |
PASS |
Overall Score: |
400/500 |
Percentage Score: |
80 |
Passing Percentage: |
70 |
Time Results Received: |
Jun 29, 13:07:27, 2018 |
Time Spent: |
01:10:31 |
Question Breakdown
Question Reference |
Answer |
Score |
Time |
Question If you were
married as of the last
day of the year and you
l |
A. You cannot qualify
for the head of
household filing
|
10 |
20.82s |
Question To qualify for
head of household filing
status, your qualify
|
D. Less than the federal
exemption amount for the
year in |
10 |
12.72s |
Question Mutual
associations are
especially useful in
pooling money t
|
C. Will let you elect to
report your dividend in
gross |
10 |
207.94s |
Question If you and your
spouseRDP paid joint
estimated taxes but ar
|
D. The individual with
the higher income can
decide which
|
0 |
14.30s |
Question The Head of
Household (HOH) filing
status gives you the
bene |
D. Both A and B above |
10 |
12.14s |
Question If the person
that qualifies you for
the head of household f
|
B. The person is your
parent, he or she does
not have to |
10 |
22.35s |
Question The U S has
treaties with several
countries Usually part o
|
C. No treaties exist
between the United
States and the
|
10 |
339.72s |
Question You qualify for
the Nonrefundable Renter
s Credit if |
B. You rented a property
for more than half the
year that |
0 |
207.87s |
Question If there is no
difference between your
federal and Californi
|
A. Do not file a
Schedule CA (540). |
10 |
8.41s |
Question For Federal the
Child and Dependent care
expenses credit is
|
C. The same as federal. |
10 |
15.06s |
Question To be head of
household, you must
provide more than half
of |
B. Compare the amount
you contributed for the
|
10 |
13.66s |
Question The correct
name for using time to
manipulate your tax
retur |
A. Forecast your tax
liability based on all
the facts |
10 |
12.40s |
Question One of the tax
planning strategies is
about knowing how net
|
D. All of the above. |
0 |
264.63s |
Question In preparing
your tax returns please
make sure to have an in
|
D. All of the above. |
10 |
34.15s |
Question When you own
stock in a company, you
become a stakeholder in
|
D. All of the above. |
10 |
86.19s |
Question A mutual fund
is an investment company
that pools money from
|
D. All of the above |
0 |
58.42s |
Question If you were
married as of the last
day of the year, and you
|
C. Both A and B above. |
10 |
86.86s |
Question If you have
joint custody of your
child, to qualify for
head |
D. All of the above. |
10 |
40.00s |
Question Effective for
taxable years beginning
on or after January 1,
|
C. Both A and B above. |
10 |
49.56s |
Question Merchant seamen
and others such as rail
carriers, motor carr
|
A. You may exclude from
your income compensation
for the |
10 |
54.07s |
Question To qualify for
Renter s credit, you
must have paid rent for
|
B. Your principal
resident must have been
in California. |
10 |
18.18s |
Question If you hold any
non-California bonds
other than federal U S
|
A. You need to look
forward to paying the
tax on the |
10 |
414.85s |
Question If the
distributions from the S
corporation exceed the
Calif |
A. Have a distribution
from pre-1987 earnings. |
10 |
91.88s |
Question How much child
and dependent care
credit do you qualify
for |
B. $310 |
10 |
37.31s |
Question In tax 2016, if
you are head of
household and you would
like |
A. $78,125 |
10 |
29.38s |
Question You may be
entitled to claim a
credit for excess SDI on
Form |
D. All of the above. |
10 |
23.15s |
Question All domestic
partners are required to
file __________ under
|
C. Either A or B above |
10 |
28.00s |
Question As with married
couples things happen in
the relationship th
|
A. Follow legal
procedures to dissolve
their partnership and |
10 |
40.62s |
Question Attach a doctor
s statement to the back
of Form 540 indicati
|
B. The first time you
file a tax return to
claim the blind
|
10 |
27.29s |
Question For California,
alimony received which
was not included in t
|
A. Be included on the
California tax return. |
10 |
169.51s |
Question If a
nonresident owns a
business carried on
within Californi
|
D. All of the above |
10 |
55.63s |
Question You must pay at
least ______ of the
amount owed by April 15,
|
C. 100% |
10 |
12.76s |
Question If you own U S
savings bonds, you must
pay federal tax on t
|
B. For California tax
purposes any interest
received from
|
10 |
129.11s |
Question In-home
supportive services (IHSS)
supplementary payments
ar |
D. All of the above |
10 |
301.38s |
Question Juan and Maria
Escobedo are married and
keep up a home for t
|
A. $726 |
0 |
145.21s |
Question In tax year
2016, to qualify for the
California child and de
|
C. $100,000 or less. |
10 |
19.57s |
Question A taxpayer
cannot qualify for the
head of household filing
s |
D. Being related has
nothing to do with the
Head of |
0 |
172.22s |
Question California
allows an interest net
interest deduction on
busi |
D. All of the above. |
10 |
74.70s |
Question When there are
no differences, then
your California form pre
|
A. Short form means
anything that is beyond
just filing your |
0 |
36.58s |
Question To claim the
Child and Dependent Care
Expenses Credit for Ca
|
B. FTB Form 3506 |
10 |
14.91s |
Question Not too long
ago, individuals were
filing tax returns as
sin |
B. Were not allowed to
file joint tax returns
under the |
0 |
176.83s |
Question If two or more
taxpayers including a
parent claim the same c
|
C. Either A or B above. |
10 |
20.70s |
Question You are
considered to have
chosen to treat your
nonresident |
D. All of the above. |
10 |
46.43s |
Question Some religious
workers or clergy are
stated-employed Allowa
|
|
0 |
214.95s |
Question You must report
any undistributed
capital gain that a
Regula |
A. California will also
tax the distribution
from an RIC in
|
0 |
106.82s |
Question Income received
by Indians from
reservations sources is
usua |
A. California does not
tax the income of tribal
members who |
10 |
36.62s |
Question If you want to
file your California tax
return and have no t
|
B. No, the amount of
credit is limited to the
amount of tax
|
10 |
44.34s |
Question You are not in
a domestic partnership
if |
D. Any of the above. |
10 |
17.66s |
Question One of the
requirements to qualify
to claim the Child and
De |
A. You paid for care so
you (and your
spouse/RDP) could work |
10 |
17.42s |
Question The 2016 SDI
(or VPDI) limit is
|
A. $106,742 |
10 |
58.48s |
Technical Record
System Language: |
en-US |
Operating System: |
iPad |
Screen Resolution: |
768x1024 |
Client IP: |
24.4.220.189 |
Client Time: |
Fri Jun 29 2018 12:55:26
GMT-0700 (PDT) |
Version: |
Mozilla/5.0 (iPad; CPU
OS 11_2_6 like Mac OS X)
AppleWebKit/604.5.6
(KHTML, like Gecko) Ve |
Source URL: |
https://herasincometaxschool.com/18californiaq/ |
|
2017/2018 Continuing Tax
Education Course
20
Hour Tax Course 2017
- 20
Hour California Continuing Tax Education
Tax Professional Registration
(Upon completion, please go to ctec.org to pay
CTEC fees) |
|
Registration Status: EDUCATION
MET
Registration Type: CE
Education
|
20
Hour Tax Course 2015:
Click on the following to complete
this course:
2014 Tax Education:
2013 Tax Education:
Tax
Topic Name |
Federal
tax Law |
Tax
Updates Hours |
Tax
Ethics Hours |
State Hrs |
Total Hrs |
Assign. Score |
Comp Date |
Quiz Score |
Comp Date |
File |
File |
Comments |
Subject T1 - |
3 |
|
|
|
|
91% |
4-30-2013 |
75% |
5-02-2013 |
Results |
Results |
Super! |
Subject T2 - |
3 |
|
|
|
|
91% |
5-02-2013 |
80% |
5-23-2013 |
Results |
Results |
Super! |
Subject T3 - |
4 |
|
|
|
|
100% |
5-13-2013 |
72% |
6-07-2013 |
Results |
Results |
Perfect! |
Subject T4 - |
|
3 |
|
|
|
86% |
5-13-2013 |
80% |
6-19-2013 |
Results |
Results |
Super! |
Subject T5 - |
|
|
2 |
|
|
95% |
5-17-2013 |
80% |
6-19-2013 |
Results |
Results |
Super! |
Subject T6 - |
|
|
|
5 |
|
75% |
5-20-2013 |
76% |
6-22-2013 |
Results |
Results |
Excellent! |
Final |
|
|
|
|
|
x |
|
71% |
6-25-2013 |
Results |
|
Good! |
|
|
|
|
|
|
|
|
|
|
|
|
|
Total Hours: |
10 |
3 |
2 |
5 |
20 |
|
|
|
|
Certificate Link |
Certificate |
|
|
|
|
|
|
|
|
|
|
|
IRS Notified |
6-24-2013 |
106228284260 |
Current GPA: |
77% |
|
|
|
|
|
|
|
|
CTEC Notified |
6-24-2013 |
|
Cumulative GPA: |
79% |
|
|
|
|
|
|
|
|
Oregon |
NA |
|
|
|
|
|
|
|
|
|
|
|
EA |
NA |
|
2012 Tax Education:
Tax
Topic Name |
Federal
tax Law |
Tax
Updates Hours |
Tax
Ethics Hours |
State Hrs |
Total Hrs |
Assign. Score |
Comp Date |
Quiz Score |
Comp Date |
File |
File |
Comments |
Segment 1 |
4 |
|
|
|
|
82% |
7-10-2012 |
75% |
8-10-2012 |
Results |
Results |
Excellent! |
Segment 2 |
2 |
|
|
|
|
|
|
70% |
8-10-2012 |
Results |
Results |
Excellent! |
Segment 3 |
4 |
|
|
|
|
|
|
92% |
7-16-2012 |
Results |
|
Super! |
Segment 4 |
|
3 |
|
|
|
|
|
90% |
7-14-2012 |
Results |
|
Super! |
Segment 5 |
|
|
2 |
|
|
|
|
75% |
7-13-2012 |
Results |
Results |
Excellent! |
Segment 6 |
|
|
|
5 |
|
90% |
7-18-2012 |
76% |
7-23-2012 |
Results |
Results |
Super! |
|
|
|
|
|
|
|
|
|
|
|
|
|
Total Hours: |
10 |
3 |
2 |
5 |
20 |
|
8-10-2012 |
|
8-10-2012 |
Certificate Link |
Certificate |
Excellent!
You're done! |
|
|
|
|
|
|
|
|
|
|
IRS Notified |
8-10-2012 |
|
Current GPA: |
81% |
|
|
|
|
|
|
|
|
CTEC Notified |
8-10-2012 |
|
Cumulative GPA: |
81% |
|
|
|
|
|
|
|
|
Oregon |
NA |
|
|
|
|
|
|
|
|
|
|
|
EA |
NA |
|
|