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EA Exam Part 1 Practice Questions EA Exam Part 1 – Practice Questions 1. Which filing status gives higher deduction for unmarried taxpayer? Single Head of Household Married Filing Separately Widow ✅ Head of Household gives higher standard deduction and better tax brackets. 2. Which form reports employee wages? 1099-NEC W-2 941 940 ✅ Form W-2 is used to report wages paid to employees. 3. What is normal due date for Form 1040? March 15 April 15 June 15 Dec 31 ✅ Individual tax returns are generally due April 15. 4. Which income is taxable? Gifts Child support Lottery winnings Municipal bond interest ✅ Lottery winnings are fully taxable. 5. What is purpose of Form W-4? Report income Set withholding File tax Claim credit ✅ W-4 determines how much tax employer withholds. 6. Which credit helps dependent care? Child Tax Credit EITC Dependent Care Credit Education Credit ✅ Helps ...

  EA Part 1 Practice Quiz EA Exam Part 1 – Interactive Practice Questions Select an answer. If correct, the explanation will appear. Question 1: Which filing status generally provides the highest standard deduction for an unmarried taxpayer? Single Head of Household Married Filing Separately Qualifying Widow(er) Correct! Head of Household generally offers a higher standard deduction and more favorable brackets for eligible unmarried taxpayers maintaining a home for a qualifying person. Question 2: What IRS form is commonly used to report wages paid to employees? Form 1099-NEC Form W-2 Form 941 Form 940 Correct! Form W‑2 reports wages, tips, and other compensation paid to employees. Question 3: What is the normal due date for most individual income tax returns (Form 1040)? March 15 April 15 June 15 December 31 Correct! Most individual tax returns are due April 15 unless it falls on a weekend or holiday. Question 4: Which of the following income types is gener...