Employment Test

1. Taxpayers who bought their own health care policy under the Affordable Care Act requirements may be eligible for a tax credit. It's known as:
Medical Insurance Credit
Obamacare Credit
Premium Tax Credit
Health Credit
If you're divorced and have custody of your kids, you should file as:
Single
Married filing Separately
Head of Household
Divorced
If you have income that isn't subject to withholding tax, such as investment or self-employment earnings, you should pay estimated taxes. How many estimated tax payments does the IRS expect from you each year?
1
2
4
5
You have two tax deduction options: Claim the standard amount or itemize your deductions. You should:
Pick one method and change only when a major life event affects your taxes.
Make the choice annually, depending on your current financial and tax situation
Alternate the deduction methods year to year
It depends on your filing status
When you get married, as newlyweds you should:
Reassess your withholding amounts
Evaluate how your combined income affects retirement accounts
Update your workplace flexible spending account information and contributions
All of the above
Taxes seem to get more complicated each year. That's why more than half of us each year pay someone to file our returns. When selecting a tax pro, you should:
Use your brother-in-law's services
Get recommendations from co-workers
Go to the nearest tax preparation chain office
Examine your specific situation and tax-filing needs
Tax time is tax-scam time. In recent years, one scam has made major inroads into many taxpayers' lives. It is:
Unscrupulous tax preparers
Fake IRS agent telephone calls
Phishing for personal data
Bogus charitable organizations
What is the 2016 penalty for not having insurance per Adult?
525
995
775
625
Are unemployment benefits taxable at the NJ State level?
Yes
No
Can I deduct the cost of searching for a new job
Yes
No
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