Taxation & Computation
Part 1 · 16 study cards · Active recall format
Q1.What are the NIIT rate and threshold for a single filer?
Exam wording
3.8%, with a $200,000 modified-AGI threshold.
Q2.Which schedule reports federal employment taxes for household employees?
Exam wording
Schedule H (Form 1040).
Q3.Recall the rule for this EA objective in Preliminary Work And Taxpayer Data: Minor children's unearned income (“Kiddie” tax)
Exam wording
Form 8615
Q4.Recall the rule for this EA objective in Taxation: Alternative minimum tax and credit for prior year
Exam wording
Form 6251
Q5.Recall the rule for this EA objective in Taxation: Self-employment tax
Exam wording
Schedule SE (Form 1040)
Q6.Recall the rule for this EA objective in Taxation: Excess Social Security withholding
Exam wording
The excess may be claimed as a credit on the income tax return
Q7.Recall the rule for this EA objective in Taxation: Tax provisions for members of the clergy
Exam wording
They are generally net earnings from self-employment
Q8.Recall the rule for this EA objective in Taxation: Additional Medicare tax
Exam wording
0.9%
Q9.Recall the rule for this EA objective in Taxation: Uncollected Social Security and Medicare tax
Exam wording
Schedule 2 (Form 1040)
Q10.Recall the rule for this EA objective in Taxation: Other taxes (e.g., first time homebuyer credit repayment)
Exam wording
Form 5405
Q11.What is the alternative minimum tax for individuals?
Exam wording
a parallel tax system that recomputes taxable income with AMT adjustments and preferences the taxpayer pays the higher of regular tax or tentative minimum tax Form 6251 is used to compute AMT when required
Q12.What is the kiddie tax in general terms?
Exam wording
certain unearned income of a child is taxed at rates that limit the benefit of the child's lower brackets it generally applies to children under a statutory age threshold and to full-time students under a higher age who do not provide their own support parents may elect to include the child's interest and dividends on their return when conditions are met
Q13.What is the Net Investment Income Tax?
Exam wording
an additional tax on the lesser of net investment income or modified AGI over the applicable threshold net investment income generally includes interest, dividends, capital gains, rental and passive income, and similar items less related deductions it is computed on Form 8960
Q14.When does a household employer generally have federal employment-tax responsibilities?
Exam wording
when cash wages to a household employee reach the annual threshold for Social Security and Medicare withholding FUTA may also apply at its own wage threshold Schedule H is commonly used to report household employment taxes on the employer's individual return
Q15.Sasha and Anton are married and file jointly. Both are U.S. citizens living and working in Poland, their tax home. They received the following income in 2025: • Foreign wages Sasha earned in Poland: $139,000 • Foreign wages Anton earned in Poland: $90,000 • Dividend income Anton earned on his investments: $11,800 • Rental income from a passive rental property in Poland: $7,900 Anton owns the rental property and is the sole owner listed on the deed. Sasha and Anton both qualify to take the foreign earned income exclusion on their joint tax return. What is the total amount of qualifying foreign-earned income that Sasha and Anton can exclude in 2025?
Exam wording
$220,000
Q16.All of the following statements are correct about the alternative minimum tax except:
Exam wording
The tentative minimum tax is figured in addition to a taxpayer's regular tax.
These recall cards are assessment material, so bulk copying and printing are limited. Primary-authority links remain available for verification. General lessons and guides remain selectable for note-taking.
Test yourself with the production-filtered question bank for this topic.
Start Practicing