Richard is age 39 and was widowed in 2017. He has a daughter, Isabella, age 5. • Richard provided the entire cost of maintaining the household and over half of the support for Isabella. In order to work, he pays childcare expenses to Busy Bee Daycare. • Richard declined to receive advance child tax credit payments in 2021. • Richard’s earned income in 2019 was $19,000. • Richard and Isabella are U.S. citizens and lived in the United States all year in 2021. • Richard received the third Economic Impact Payment (EIP3) in the amount of $2,800 in 2021. 30. Richard is not eligible to claim the Qualifying Widower filing status. true or false 31. What is Richard’s adjusted gross income on his Form 1040? A. $41,500 B. $41,580 C. $41,600 D. $41,620 32. Richard is eligible to claim the child tax credit and the child and dependent care credit in 2021. true or false 33. Richard does not qualify to claim a retirement savings contribution credit.. true or false 34. Richard will not use his 2019 earnings of $19,000 to calculate his earned income credit on his 2021 tax return because his 2019 earned income is lower than his 2021 earned income. true or false 35. Richard’s child and dependent care credit is refundable in 2021. true or false
Richard is age 39 and was widowed in 2017. He has a daughter, Isabella, age 5.
• Richard provided the entire cost of maintaining the household and over half of the
support for Isabella. In order to work, he pays childcare expenses to Busy Bee
Daycare.
• Richard declined to receive advance child tax credit payments in 2021.
• Richard’s earned income in 2019 was $19,000.
• Richard and Isabella are U.S. citizens and lived in the United States all year in 2021.
• Richard received the third Economic Impact Payment (EIP3) in the amount of
$2,800 in 2021.
30. Richard is not eligible to claim the Qualifying Widower filing status. true or false
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32. Richard is eligible to claim the child tax credit and the child and dependent care
credit in 2021. true or false
33. Richard does not qualify to claim a retirement savings contribution credit.. true or false
34. Richard will not use his 2019 earnings of $19,000 to calculate his earned income
credit on his 2021 tax return because his 2019 earned income is lower than his
2021 earned income. true or false
35. Richard’s child and dependent care credit is refundable in 2021. true or false
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