Tax Interview Questions For Freshers
What is the purpose of the Earned Income Tax Credit (EITC)?
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What is the purpose of filing a tax return?
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What is the deadline for filing individual income tax returns in the United States?
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What is the standard deduction for single taxpayers in the current tax year?
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What information is needed to complete a W-4 form?
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What is the purpose of an Employer Identification Number (EIN)?
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Explain the concept of tax liability.
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What is the penalty for filing a tax return late?
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What is a 1099 form used for?
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What is the Social Security tax rate for employees in the United States?
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What is the difference between a dependent and a qualifying child?
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Explain the concept of tax brackets.
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What is a tax exemption?
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What is the difference between a tax credit and a tax deduction?
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What is the difference between a Roth IRA and a Traditional IRA?
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What is a tax audit?
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What is the alternative minimum tax (AMT)?
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What expenses can be itemized on a tax return?
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How is self-employment income taxed?
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What is the purpose of estimated tax payments?
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What is a 401(k) plan?
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What is the foreign earned income exclusion?
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Tax Intermediate Interview Questions
What is a capital gain and how is it taxed?
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What is the difference between a C corporation and an S corporation?
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What is the purpose of a tax extension?
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What is the kiddie tax?
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Explain the concept of tax evasion.
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What is the purpose of a tax refund?
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What is the difference between a tax credit and a tax deduction?
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How is passive income taxed?
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Explain the concept of tax withholding.
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What is the gift tax and how does it work?
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Tax Interview Questions For Experienced
Explain the concept of transfer pricing.
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What is the difference between a tax credit and a tax deduction?
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What is the difference between tax avoidance and tax evasion?
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Explain the concept of tax inversion.
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What is the net investment income tax (NIIT)?
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What are qualified dividends and how are they taxed?
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What is a tax haven?
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What is the difference between a tax treaty and a tax agreement?
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What is the definition of tax fraud?
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What is the purpose of the Foreign Account Tax Compliance Act (FATCA)?
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What is the difference between tax planning and tax compliance?
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Explain the concept of a controlled foreign corporation (CFC).
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What is the purpose of the Base Erosion and Profit Shifting (BEPS) project?
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What is a tax haven blacklisting?
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Explain the concept of a tax shelter.
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What is the definition of tax transparency?
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What is the purpose of the General Anti-Avoidance Rule (GAAR)?
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Explain the concept of double taxation.
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What is the difference between a tax credit and a tax deduction?
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What is the difference between tax avoidance and tax evasion?
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