Question: Owen and Kimberly's standard deduction amount is $ 2 9 , 2 0 0 . a . True b . False 1 5 . Owen

Owen and Kimberly's standard deduction amount is $29,200. a. True b. False 15. Owen and Kimberly's total qualified education expenses used to calculate the American Opportunity Credit is: a. $850 b. $1,050 c. $2,500 d. $5,62016. Owen and Kimberly Walker can claim the Credit for Other Dependents. a. True b. False 17. What is the total amount of the Walker's federal income tax withholding. a. $7,500 b. $9,500 c. $11,000 d. $11,24018. The taxable amount of Owens Social Security is $12,715.00. a. True b. False 19. Which of the following statements are true? a. Qualified dividends are part of the total ordinary dividends. b. Qualified dividends qualify for lower, long-term capital gains tax rates. c. Qualified dividends are reported on Form 1099-DIV. d. All of the above.

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