question archive Question 1) Resident aliens who are also full-year residents of California would file which income tax forms? For federal taxes, they would file a Form 1040NR
Question 1) Resident aliens who are also full-year residents of California would file which income tax forms? For federal taxes, they would file a Form 1040NR
Subject:LawPrice: Bought3
Question 1)
Resident aliens who are also full-year residents of California would file which income tax forms?
For federal taxes, they would file a Form 1040NR. For California taxes, they would file a Form 540NR.
For federal taxes, they would file a Form 1040NR. For California taxes, they would file a Form 540 2EZ or Form 540.
For federal taxes, they would file a Form 1040 or 1040-SR. For California taxes, they would file a Form 540 2EZ or Form 540.
For federal taxes, they would file a Form 1040 or 1040-SR. For California taxes, they would file a Form 540NR.
Question 2 of 99.
How much of the California vehicle license fee is deductible as personal property tax?
Because California does not have a flat fee for vehicle licenses, the entire amount is deductible.
The amount designated as VIN on the statement from the California Department of Motor Vehicles (DMV).
The amount designated as Vehicle License Fee.
The amount designated as the Registration Fee.
Question 3 of 99.
Which is correct regarding California State Disability Insurance (CASDI) and Voluntary Plan Disability Insurance (VPDI)?
Both CASDI and VPDI are taxes.
All California wages are subject to either CASDI or VPDI.
CASDI, but not VPDI, can be deducted on Schedule A.
CASDI and VPDI withholdings are paid to the State of California.
Question 4 of 99.
Mark took an early distribution of $42,000 from his 401(k). What is the combined total of his federal and California penalties for early distribution? He had no penalty exceptions.
$1,050
$4,200
$5,250
$8,400
Question 5 of 99.
Where would you mail a California tax return with a payment enclosed?
Franchise Tax Board, P.O. Box 942840, Sacramento, CA 94240-0001.
Franchise Tax Board, P.O. Box 942867, Sacramento, CA 94267-0001.
The closest of the six Franchise Tax Board field offices.
Any of the six Franchise Tax Board field offices.
Question 6 of 99.
"Kiddie Tax" applies to what type(s) of income?
Earned income only.
Child care income.
Both earned and unearned income.
Unearned income only.
Question 7 of 99.
A California return that is mailed in should be assembled in which order?
Form 540, tax documents, California Schedules, and federal tax return (if required).
Tax documents, Form 540, California Schedules, and federal tax return (if required).
Federal tax return (if required), tax documents, Form 540, and California Schedules.
Federal tax return (if required), Form 540, tax documents, and California Schedules.
Question 8 of 99.
Margaret filed her 2017 California return on February 19, 2018. Under ordinary circumstances, what is the last day she can file an amended California 2017 return?
February 19, 2021.
April 15, 2021.
February 19, 2022.
April 15, 2022.
Question 9 of 99.
What is the current interest rate on unpaid California taxes?
1%
3%
5%
12%
Question 10 of 99.
Which is TRUE about a PTIN?
A PTIN is optional for a CTEC Registered Tax Preparer (CRTP).
A PTIN is optional for paid preparers of federal tax returns.
A PTIN is required by both the IRS and CTEC.
A PTIN allows the Franchise Tax Board to track the number of mail-in returns that are prepared by a CTEC Registered Tax Preparer (CRTP)
