Question: Question Number One Twenty true - false statements appear below. You must answer all of them For each statement, insert T or

Question Number One

Twenty true

-

false statements appear below. You must answer all of them

For each statement, insert

"

"

"

"

in the appropriate space provided on the separate answer sheet.

1 .

A benefit received by an unmarried employee under a qualifying employer maintained dependent care assistance program qualifies for an exclusion based on the employee's earned income for the year.

2 .

Under tax rules currently in effect, an individual receiving an annuity payment may claim no exclusion for payments received after the individual has excluded his

/

her full investment in the contract.

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