Please use this link for more information httpsdrivegoogleco

Please use this link for more information:

https://drive.google.com/file/d/1pVg0gVAdxCdT2uKU_FPUmeejfwy3ljGL/view?usp=sharing

Here is form 1040: https://www.irs.gov/pub/irs-pdf/f1040.pdf

18. What is the total taxable interest income shown on Line 8a of Form 1040?

A. $80

B. $110

C. $150

D. $260

19. How does the code Q on Quincy\'s Form 1099-R from Essex Bank affect the return?

A. The entire distribution is not taxable.

B. Half of the distribution is taxable.

C. The entire distribution is taxable.

D. There is no such code. The taxpayer must get a corrected Form 1099-R from the bank.

20. What is the amount shown on Form 1040, Line 13 – Capital gain or loss?

A. $1,916

B. $2,451

C. $2,366

D. $2,001

21. How much of the $17,500 gross distribution reported on Form 1099-R is taxable in 2017? $________.

22. Is Quincy\'s Social Security income taxable?

A. Yes, a portion of the Social Security income is taxable.

B. Yes, all of the Social Security income is taxable.

C. No, because their total income is less than $32,000.

D. No, Social Security benefits are never taxable.

23. Are the Pikes entitled to claim an earned income credit for 2017?

A. No, because their investment income exceeds the amount allowed to claim.

B. No, Quincy is over the age of 65.

C. No, Lucas is not a qualifying child for purposes of the EIC.

D. Yes, they are eligible for the credit.

24. What is the total income tax withholding on the tax return? $________.

18. C) $150

19. A) the entire distribution is not taxable.

20. B) $2451

21. $ 15600

22. D) No, social security benefits are never taxable

23. C) No, Lucas is not a qualifying child for purposes of the EIC .