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Tax
Trivia - April 2009 Newsletter
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1. The
maximum amount of the 2009 first-time homebuyer credit is….
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A.
$2,500 B.
$7,500 C. $8,000
D. $15,000
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2. Purchases
of new vehicles for the rest of 2009 receive an above-the-line
deduction for state and local sales taxes or excise taxes paid
on the purchase.
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True
or False
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3. The
stimulus act provides a one time payment of ______for 2009 only,
to individuals on fixed incomes.
(Primarily Social Security recipients, railroad retirees,
and disabled veterans)
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A.
$100 B.
$250 C. $800
D. $1,000
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Answers |
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1.
C. $8,000
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| 2.
True
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| 3.
B. $250
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