$1.($T$/$F$)$ The $1.($T$/$F$)$ The Code is the final authority on most tax issues.

$2.$ Primary sources of authority are comprised of which of the following?

a$.$ Statutory law

b$.$ Administrative interpretations

c$.$ Judicial interpretations

d$.$ None of the above

e$.$ All of the above

$3.$ When reading the Code, you must look for connecting words that may affect whether you may apply the rules of the Section. Look at $152($b$)(3)($B$)($i$)$ and $152($b$)(3)($B$)($ii$).$ The connecting word is

a$.$ And

b$.$ But

c$.$ Or

d$.$ Only

$4.($T$/$F$)$ Secondary authority should be cited in the analysis section of a tax file memo.

$5.$ What is the title of Section $152?$

a$.$ Dependent defined

b$.$ Allowance of deductions for personal exemptions $(151)$

c$.$ Allowance for deductions $(161)$

d$.$ None of the above

$6.($T$/$F$)$ Letter rulings are not a source of tax law. Correct! Letter rulings are interpretations of tax law and encompass private letter rulings, determination letters and technical advice memoranda.

$7.$ Section $152$ defines dependents. Look at Section $152$ in CCH or RIA. Which of the following is false?

a$.$ Section $152($b$)(1)$ states that if an individual is a dependent of a taxpayer, the individual shall be treated as having no dependents for the taxable year.

b$.$ Section $152($b$)(3)($A$)$ states that the term $$dependent$$ includes an individual who is not a citizen or national of the United States unless such individual is a resident of the United States or a country contiguous to the United States.

c$.$ Section $152($d$)(2)$ lists the different types of relationships that qualify as dependents.

d$.$ None of the above

$8.($T$/$F$)$ Section $163($h$)(2)$ discusses personal interest.

$9.$ You can find the definition of qualified residence interest in which one of the following sections?

a$.$ Section $163($h$)(3)($A$)$

b$.$ Section $25$A$($f$)(1)($A$)$

c$.$ Section $221($d$)(1)$

d$.$ None of the above

$10.($T$/$F$)$ File memos are the basis for the formal communication that will be read by the clients.Code is the final authority on most tax issues.

$2.$ Primary sources of authority are comprised of which of the following?

a$.$ Statutory law

b$.$ Administrative interpretations

c$.$ Judicial interpretations

d$.$ None of the above

e$.$ All of the above

$3.$ When reading the Code, you must look for connecting words that may affect whether you may apply the rules of the Section. Look at $152($b$)(3)($B$)($i$)$ and $152($b$)(3)($B$)($ii$).$ The connecting word is

a$.$ And

b$.$ But

c$.$ Or

d$.$ Only

$4.($T$/$F$)$ Secondary authority should be cited in the analysis section of a tax file memo.

$5.$ What is the title of Section $152?$

a$.$ Dependent defined

b$.$ Allowance of deductions for personal exemptions $(151)$

c$.$ Allowance for deductions $(161)$

d$.$ None of the above

$6.($T$/$F$)$ Letter rulings are not a source of tax law. Correct! Letter rulings are interpretations of tax law and encompass private letter rulings, determination letters and technical advice memoranda.

$7.$ Section $152$ defines dependents. Look at Section $152$ in CCH or RIA. Which of the following is false?

a$.$ Section $152($b$)(1)$ states that if an individual is a dependent of a taxpayer, the individual shall be treated as having no dependents for the taxable year.

b$.$ Section $152($b$)(3)($A$)$ states that the term $$dependent$$ includes an individual who is not a citizen or national of the United States unless such individual is a resident of the United States or a country contiguous to the United States.

c$.$ Section $152($d$)(2)$ lists the different types of relationships that qualify as dependents.

d$.$ None of the above

$8.($T$/$F$)$ Section $163($h$)(2)$ discusses personal interest.

$9.$ You can find the definition of qualified residence interest in which one of the following sections?

a$.$ Section $163($h$)(3)($A$)$

b$.$ Section $25$A$($f$)(1)($A$)$

c$.$ Section $221($d$)(1)$

d$.$ None of the above

$10.($T$/$F$)$ File memos are the basis for the formal communication that will be read by the clients.