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Basics Beginner:
Programs That Can Help You
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Choose wisely. There is only one correct answer to each question.
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1.
Qualifying for Medicaid is based on a number of criteria, but does not include _______.
Choose wisely. There is only one correct answer.
Your marital status
Where you live
Your income
Where you live. Where you live is not a consideration.
2.
Legal services for low-income people are limited to help in the courtroom.
Choose wisely. There is only one correct answer.
True
False
False. Legal services for low-income people also include information and many other services.
3.
How do the federal government programs that help homeowners facing foreclosure typically work?
Choose wisely. There is only one correct answer.
They pay off the homeowners' mortgages
They modify the mortgage loans
They buy the homes
All of the above
They modify the mortgage loans. These programs modify the loans in various ways in order to reduce homeowners' monthly payments.
4.
Rental assistance programs help renters with _______.
Choose wisely. There is only one correct answer.
Paying rent
Paying security deposits
Paying certain other housing-related expenses
All of the above
All of the above. Though you must qualify for them first, these programs can help you with all of these expenses.
5.
With the earned income tax credit, if the credit is more than the actual tax that you owe, what happens to the amount left over?
Choose wisely. There is only one correct answer.
It is paid to you
You forfeit it
You must carry it over to next year
None of the above
It is paid to you. In tax terms, this makes it a "refundable" tax credit.
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