VITA Final Exam Questions And Answers

VITA Final Exam Questions And Answers True or False: Only volunteers who prepare and review tax returns are required to complete the Volunteer Standards of Conduct Training and certification. - ANS False True or False: Volunteers are generally held liable for the tax returns they prepare at VITA/TCE sites - ANS False True or False: Volunteers are not required to complete a return if they have concerns about the accuracy of information provided by the taxpayer or other concerns. - ANS True True or False: Keith and Kathy are married with dependent children. They must be covered under the same policy or plan to satisfy the individual shared responsibility provision. - ANS False True or False: Sandy is covered under health insurance offered by her spouse's employer; therefore, she has minimum essential coverage. - ANS True Bob is 27 years old. No one can claim him as a dependent. His gross income was $17,000 during the tax year. Based only on this information, Bob is required to file a tax return. - ANS True Individuals who are not required to file a tax return should file a return if they can claim the earned income credit. - ANS True A driver's license can be used to verify a taxpayer's social security number and correct name spelling. - ANS False Some taxpayers must use either Form 1040A or Form 1040EZ instead of Form 1040, depending on their specific tax requirements. - ANS False Ryan and Julie were married on December 29. They should file as: - ANS Married Filing Jointly Anne's husband died on February 28, 2013. Anne has not remarried, but she has an 18-year-old dependent son. Anne's filing status should be: - ANS Qualifying Widow(er) with Dependent Child Tom's wife died on October 20, 2012. Tom has no dependents and has not remarried. Tom should file as: - ANS Single