Tax 1 VITA TEST MATERIAL - Prof. Yan
Zhou
Prior to running at a VITA/TCE website, ALL VITA/TCE volunteers (greeters, purchaser
facilitators, tax preparers, nice reviewers, and so forth.) need to:
For ONU Vita All of the Above, for the answer to the question for Gov. Solution is Both A and B
3 a couple of preference options
Can a volunteer be removed and barred from the VITA/TCE software for violating the Volunteer
Standards of Conduct?
Yes
1 multiple preference alternative
If a taxpayer gives you a $20 bill due to the fact they were so glad about the great carrier they
acquired, what is an appropriate action to take?
Thank the taxpayer, and give an explanation for that you can not take delivery of any price to
your offerings.
3 more than one desire alternatives
Jake is an IRS tax law-certified volunteer preparer at a VITA/TCE site. When preparing a go
back for Jill, Jake learns that Jill does now not have a bank account to receive a direct deposit
of her refund. Jill is distraught when Jake tells her the paper refund take a look at will take 3 to
four weeks longer than the refund being direct deposited. Jill asks Jake if he can deposit her
refund in his bank account after which turn the money over to her when he receives it. What
must Jake do?
Jake must explain that a taxpayer's federal or country refund can not be deposited into a
VITA/TCE volunteer's financial institution account and she will need to open an account in her
very own call to have the refund direct deposited.
2 more than one choice options
Max prepares a tax go back for Ali at a VITA/TCE website. He reveals out throughout the
interview that Ali has no health insurance. After Ali leaves the web page, Max writes her call and
call facts right down to take domestic to his spouse who sells medical insurance for income.
Which of the subsequent statements is true?
, Max has violated the VSC due to the fact he's using the information he gained approximately Ali
to further his personal or any other's private advantage.
Three more than one choice alternatives
Bob, an IRS tax law-certified volunteer preparer, advised the taxpayer that money profits does
now not want to be said because the IRS does not know about it. Bob indicated NO cash profits
on Form 13614-C. Bob prepared a tax return excluding the coins profits. Jim, the unique great
reviewer, turned into ignorant of the verbal exchange and consequently blind to the cash
earnings and the return was printed, signed, and e-filed. Who violated the Volunteer Standards
of Conduct?
Bob, the tax law-licensed volunteer who prepared the go back.
3 a couple of choice alternatives
Sue, a VITA/TCE coordinator, became watching the neighborhood information whilst she
noticed Aaron, a new tax regulation-licensed volunteer, in a story about several financial
institution employees being arrested for suspicion of embezzlement. She noticed Aaron being
led out of the financial institution in handcuffs. Three days later, Sue is taken aback when she
sees Aaron display up at the website online geared up to volunteer, reputedly out on bond. She
pulls Aaron apart and explains that his arrest on suspicion of embezzlement could have a
negative effect on the web site and therefore she need to ask him to depart the web site. Sue
removed his get entry to to the software program, she then uses the outside referral manner to
file the info to SPEC headquarters with the aid of sending an email to . Did
Sue take suitable movements as the coordinator?
Yes
1 more than one desire alternative
Sam is assigned to put together a taxpayer's go back. The taxpayer has been looking forward to
a long time due to the extent of taxpayers wanting provider. The taxpayer is agitated after they
sit with Sam. How should Sam have interaction with the taxpayer?
All of the above.
3 a couple of choice options
VITA/TCE sites and volunteers should no longer solicit commercial enterprise from taxpayers or
use taxpayer information for private or commercial enterprise benefit.
True
1 multiple choice option
Ben is getting ready a tax return and the taxpayer has a established indexed. The structured is
the kid of the taxpayer's cousin. The baby lived with the taxpayer some months. Ben organized
Zhou
Prior to running at a VITA/TCE website, ALL VITA/TCE volunteers (greeters, purchaser
facilitators, tax preparers, nice reviewers, and so forth.) need to:
For ONU Vita All of the Above, for the answer to the question for Gov. Solution is Both A and B
3 a couple of preference options
Can a volunteer be removed and barred from the VITA/TCE software for violating the Volunteer
Standards of Conduct?
Yes
1 multiple preference alternative
If a taxpayer gives you a $20 bill due to the fact they were so glad about the great carrier they
acquired, what is an appropriate action to take?
Thank the taxpayer, and give an explanation for that you can not take delivery of any price to
your offerings.
3 more than one desire alternatives
Jake is an IRS tax law-certified volunteer preparer at a VITA/TCE site. When preparing a go
back for Jill, Jake learns that Jill does now not have a bank account to receive a direct deposit
of her refund. Jill is distraught when Jake tells her the paper refund take a look at will take 3 to
four weeks longer than the refund being direct deposited. Jill asks Jake if he can deposit her
refund in his bank account after which turn the money over to her when he receives it. What
must Jake do?
Jake must explain that a taxpayer's federal or country refund can not be deposited into a
VITA/TCE volunteer's financial institution account and she will need to open an account in her
very own call to have the refund direct deposited.
2 more than one choice options
Max prepares a tax go back for Ali at a VITA/TCE website. He reveals out throughout the
interview that Ali has no health insurance. After Ali leaves the web page, Max writes her call and
call facts right down to take domestic to his spouse who sells medical insurance for income.
Which of the subsequent statements is true?
, Max has violated the VSC due to the fact he's using the information he gained approximately Ali
to further his personal or any other's private advantage.
Three more than one choice alternatives
Bob, an IRS tax law-certified volunteer preparer, advised the taxpayer that money profits does
now not want to be said because the IRS does not know about it. Bob indicated NO cash profits
on Form 13614-C. Bob prepared a tax return excluding the coins profits. Jim, the unique great
reviewer, turned into ignorant of the verbal exchange and consequently blind to the cash
earnings and the return was printed, signed, and e-filed. Who violated the Volunteer Standards
of Conduct?
Bob, the tax law-licensed volunteer who prepared the go back.
3 a couple of choice alternatives
Sue, a VITA/TCE coordinator, became watching the neighborhood information whilst she
noticed Aaron, a new tax regulation-licensed volunteer, in a story about several financial
institution employees being arrested for suspicion of embezzlement. She noticed Aaron being
led out of the financial institution in handcuffs. Three days later, Sue is taken aback when she
sees Aaron display up at the website online geared up to volunteer, reputedly out on bond. She
pulls Aaron apart and explains that his arrest on suspicion of embezzlement could have a
negative effect on the web site and therefore she need to ask him to depart the web site. Sue
removed his get entry to to the software program, she then uses the outside referral manner to
file the info to SPEC headquarters with the aid of sending an email to . Did
Sue take suitable movements as the coordinator?
Yes
1 more than one desire alternative
Sam is assigned to put together a taxpayer's go back. The taxpayer has been looking forward to
a long time due to the extent of taxpayers wanting provider. The taxpayer is agitated after they
sit with Sam. How should Sam have interaction with the taxpayer?
All of the above.
3 a couple of choice options
VITA/TCE sites and volunteers should no longer solicit commercial enterprise from taxpayers or
use taxpayer information for private or commercial enterprise benefit.
True
1 multiple choice option
Ben is getting ready a tax return and the taxpayer has a established indexed. The structured is
the kid of the taxpayer's cousin. The baby lived with the taxpayer some months. Ben organized
