This bingo card has a free space and 26 words: Single standard deduction for 2025: __________, The W-2 for is used to report ______., People tend to take ____ deduction over _____ deduction., 2 examples of income forms are: __________ and _________., NONrefundable credits that can be claimed (with/without) tax liability., Refundable credits that can be claimed (with/without) tax liability., Married (joint) standard deduction: _________, You should choose the deduction that results in the ______tax., Name 1 test for qualifying RELATIVE: __________, Scholarships are _______ (taxable/ nontaxable) if they are used for qualifying expenses., T/F: Gain on stocks is taxable., _____ and board are typically not allowed to be claimed as educational expenses., Qualifying children must be __ years old or __ if they are a full time student., A 1099___ is a form for interest., Name 1 test for qualifying CHILDREN: _______, T/F: Bookstore charges are a qualifying expense., ______ deduction is a VARIABLE amount., Name one common credit: _______, VITA is open to ___ majors!, Filing status that is out of scope for VITA: ______, One type of non taxable income is ____________., Software we use to make the tax return: _________, One type of taxable income is _________., Taxes are used to balance out _______taxes., All volunteers would have to pass the advanced ___ exam! and The _____ form is the first step of any return. We fill it out to get more information..
GM 1 Guided Notes | GM #1 | GM #1! | GM #1 | GM #1
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