Test - Tax Analyst Certification Test (2022) H&r Block

This study source was downloaded by 100000876025331 from CourseHero.com on 12-11-2023 03:28:49 GMT -06:00https://www.coursehero.com/file/185441695/TA1pdf/ 12/27/22, 8:35 AMRealize Your Potential: H&R Blockhttps://hrblock.csod.com/Evaluations/EvalLaunch.aspx?loid=7c415ccb-648c-45cc-917c-8d4ba61ce322&evalLvl=5&redirect_url=%2fphnx%2fdriver .as1/3Test - T ax Analyst Certification T est (2022)These topics are covered in the Tax Specialist and Senior Tax Specialist learn-up eligiblecoursesQuestion 1 of 75.Rabbi Herzbrun received $57,130 in ministerial earnings, which included the following Form W -2, and $6,130 in self-employment income for performing weddings. How much of his income is included for purposes of calculating federalincome tax? $36,000 $42,130 $51,000 $72,000Mark for follow upQuestion 2 of 75.This study source was downloaded by 100000876025331 from CourseHero.com on 12-11-2023 03:28:49 GMT -06:00https://www.coursehero.com/file/185441695/TA1pdf/12/27/22, 8:35 AMRealize Your Potential: H&R Blockhttps://hrblock.csod.com/Evaluations/EvalLaunch.aspx?loid=7c415ccb-648c-45cc-917c-8d4ba61ce322&evalLvl=5&redirect_url=%2fphnx%2fdriver .as2/3Lillian sells shares of stock she acquired by exercising options granted to her under an employee stock purchase plan(ESPP). Her employer did not offer the shares at a discount, so the price she paid when she purchased the stock was the fairmarket value at the time. If Lillian sells the stock for a profit in a qualifying disposition, how does she report the differencebetween her basis and the sale price? Compensation income subject to income tax, as well as social security and medicare taxes. Long-term capital gain. Ordinary income. Short-term capital