Remember that some verbs are irregular and don´t end in O in the first person singular (ESTAR - estoy). You´ll have to adjust. Also, if you´re in a formal situation, you will use the Ud. form of the verb rather than the tú form, but the idea is the same.
What about if the question is in the third person singular?
¿Habla español Juan?
I call these homeruns because you don´t change the verb at all. The verb will be the same in the question and answer - habla.
Juan habla español.
¿Come Ana?
Ana come.
These simple tricks will simplify answering questions. You may have to add additional information like "Sí, ..." or "No, no..." You can even leave out the name in the your answer since it is implied by the form of the verb.
¿Estudia mucho Antonio?
Sí, Antonio estudia mucho or Sí, estudia mucho.
No, Antonio no estudia mucho or No, no estudia mucho.
This diagram shows the pattern that you should memorize.