Problemas
Question 3 of 10 Hector made 40,000 last year. He also received 300 in interest from a CD he has. He has no children, and plans on filing as Single.Which factor makes him ineligible to use a 1040EZ form? A. His income B. The interest he earned from a CD D C. His filing Aptus D. None of the above
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Josémaestro · Tutor durante 5 años
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To determine which factor makes Hector ineligible to use a 1040EZ form, we need to understand the eligibility requirements for filing a 1040EZ form.<br /><br />According to the IRS, the following conditions must be met in order to use a 1040EZ form:<br />1. The taxpayer must have an income of less than $100,000.<br />2. The taxpayer must not have any dependents.<br />3. The taxpayer must not claim any adjustments to income or any tax credits other than the Earned Income Credit.<br /><br />Based on the information provided, Hector's income is $40,000, which is below the $100,000 limit. He also has no children and plans on filing as Single, so he meets the second condition. However, he received $300 in interest from a CD, which means he has additional income beyond his salary.<br /><br />Therefore, the factor that makes Hector ineligible to use a 1040EZ form is the interest he earned from the CD.<br /><br />Answer: B. The interest he earned from a CD
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