1. A taxpayer’s spouse died on December 31, 2014. He has no qualifying child. Which status should the taxpayer select when filing his 2015 tax return?
a. Qualifying widow(er).
b. Married filing jointly.
c. Single.
d. Married filing separately.
2. Esmeralda is 20 years of age and a full-time student living with her parents. She had wages of $500 ($50 of income tax withholding) for 2015. Can Esmeralda claim her own exemption on her return even though her parents will claim her as a dependent?
a. Yes, Esmeralda can claim the exemption.
b. No, Esmeralda cannot claim the exemption.
c. Esmeralda and her parents can both claim the exemption.
d. No one can claim the exemption for Esmeralda.
3. What is the amount of the personal and dependency exemptions for 2015?
a. $3,950.
b. $3,800.
c. $3,900.
d. $4,000.
4. Which amount represents the standard deduction for a taxpayer who is 43 years old and claiming head of household status?
a. $9,100.
b. $9,250.
c. $8,950.
d. $6,300
5. A married couple, both of whom are under 65 years old, decided to file as married filing separately. One of the spouses is going to itemize deductions instead of taking the standard deduction. What is the standard deduction permitted to the other spouse when she files her tax return?
a. $12,600.
b. $9,250.
c. $6,300.
d. $0.
6. Employers are required to withhold social security taxes from wages paid to employees. What is the amount of the social security wage limitation for 2015?
a. $118,500.
b. $117,000.
c. $113,700.
d. $106,800.
7. What is the amount of the tax liability for a married couple filing jointly with taxable income of $135,500?
a. $37,940.
b. $25,463.
c. $20,325.
d. $25,588.
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