OPTIONAL BONUS QUESTION (UP TO 2 POINTS POSSIBLE): Describe what have you learned in this Old Testament Course so far.

Unreimbursed qualifying moving expenses are an itemized deduction for 2023.

What income tax form does a self-employed sole proprietor usually use to report business income and expenses?

A taxpayer with self-employment income of $600 must file a tax return.

The receipt of an inheritance is excluded from the taxable income of the recipients.

Box 12 of Form W-2 is used for which of the following?

The two types of dependents are qualifying child or qualifying relative.

Denise is divorced and files a head of household tax return claiming her two children, ages 7 and 9, as dependents. Her AGI for 2023 is $81,500. How much is Denise’s child tax credit for 2023?

Which of the following is true regarding the American Opportunity tax credit?

Interest earned on bonds issued by a state government is fully taxable.