CORRECT DETAILED ANSWERS (VERIFIED ANSWERS )
LATEST EXAM /ALREADY GRADED A+.
VOLUNTEER STANDARDS OF CONDUCT TEST QUESTIONS
.
Jake is an IRS tax law-certified volunteer preparer at a VITA/TCE
site. When preparing a return for Jill, Jake learns that Jill does
not have a bank account to receive a direct deposit of her
refund. Jill is distraught when Jake tells her the paper refund
check will take three to four weeks longer than the refund being
direct deposited. Jill asks Jake if he can deposit her refund in
his bank account and then turn the money over to her when he
gets it. What should Jake do? - ANSWER-Max has violated the
VSC because he is using the information he gained about Ali to
further his own or another's personal benefit.
Max prepares a tax return for Ali at a VITA/TCE site. He finds out
during the interview that Ali has no health insurance. After Ali
leaves the site, Max writes her name and contact information
down to take home to his wife who sells health insurance for
profit. Which of the following statements is true? - ANSWER-
, Max has violated the VSC because he is using the information
he gained about Ali to further his own or another's personal
benefit.
Prior to working at a VITA/TCE site, ALL VITA/TCE volunteers
(greeters, client facilitators, tax preparers, quality reviewers,
etc.) must: - ANSWER-a. Annually pass the Volunteer Standards
of Conduct (VSC) certification test with a score of 80% or higher.
b. Sign and date the Form 13615, Volunteer Standards of
Conduct Agreement, agreeing to comply with the VSC by
upholding the highest ethical standards. c. Pass the Advanced
tax law certification.
d. All of the above.
e. Both a and b <<< CORRECT
Bob, an IRS tax law-certified volunteer preparer, told the
taxpayer that cash income does not need to be reported
because the IRS does not know about it. Bob indicated NO cash
income on Form 13614-C. Bob prepared a tax return excluding
the cash income. Jim, the designated quality reviewer, was
unaware of the conversation and therefore unaware of the cash
income and the return was printed, signed, and e-filed. Who
violated the Volunteer Standards of Conduct? - ANSWER-Bob,
the tax law-certified volunteer who prepared the return.