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MrSmith Is Running for Congress

question 86

Multiple Choice

Mr.Smith is running for Congress.Alejandro does not know much about Mr.Smith,but he has heard that Mr.Smith is an environmentalist.Because Alejandro cares about the environment,he votes to send Mr.Smith to Washington.After the election,Alejandro finds that Mr.Smith does not act like an environmentalist,and he regrets having voted for him.Alejandro's mistake was forgetting that:


Definitions:

Nontaxable Social Security Benefits

Portions of Social Security payments that are not subject to income tax under certain conditions.

Joint Return

Joint Return is a tax filing status that allows married couples to combine their income, exemptions, deductions, and credits on a single tax return.

AGI

A computation of your earnings from your overall income, Adjusted Gross Income is employed to identify the amount of your earnings that is subject to tax.

Child And Dependent Care Credit

A tax credit offered to taxpayers for expenses related to the care of children under 13 or disabled dependents, enabling the taxpayer to work or look for work.

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