taxes
Tax Basics: Chapter 3 quiz

If you think you have mastered the material in this chapter, take our quiz. Fill in your answers and click "submit." Your scored answers will appear below.

  1. You should itemize deductions rather than claim the standard one when:

    You get married.
    You have enough separate, tax-deductible expenses to surpass your standard deduction amount.
    You incurred a lot of doctor bills.


  2. Your standard deduction amount is based on:

    Your filing status.
    Your adjusted gross income.
    Which tax return you file.


  3. You can claim an exemption for:

    Each person who qualifies as a dependent.
    Only your children.
    Your brother to whom you send $500 per month.


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