Study guides, Class notes & Summaries

1. Hans entered the U.S. on December 15, 2012 in F-1 immigration status. He had never been to the United States before and he did not change immigration status during 2017. For federal income tax purposes, Hans is a nonresident alien for 2017. - False (Correct0 2. Abshir is a visiting professor at the local university. Abshir was a graduate student from August 2011 to July 2013 in F-1 immigration status. He re-entered the United States on December 20, 2016 in J-1 immigration status. For fed...

VITA Advanced Exam (Latest Update) Questions and Verified Answers| 100% Correct| Grade A Q: During the intake process, the volunteer should verify the taxpayer (and/or spouse, if applicable) has photo identification. Additionally, taxpayers must provide verification of taxpayer identification numbers (SSN or ITIN) for everyone listed on the tax return. Answer: True Q: Mary, a VSC-certified greeter, reviews the taxpayer's completed Form 13614-C, page 2, to identify what potential ...

VITA Final exam well answered and verified questions True or False: Only volunteers who prepare and review tax returns are required to complete the Volunteer Standards of Conduct Training and certification. -Correct Answer-False True or False: Volunteers are generally held liable for the tax returns they prepare at VITA/TCE sites -Correct Answer-False True or False: Volunteers are not required to complete a return if they have concerns about the accuracy of information provided by the tax...

VITA Basic Exam latest update 2024 What is the most advantageous filing status allowable that Joe can claim on his taxreturn for 2021? -Correct Answer-Head of Household Joe can claim a higher standard deduction because he is blind. -Correct Answer-True Chris and Marcie cannot claim the Earned Income Tax Credit (EITC) because theyare too young and have no qualifying children. -Correct Answer-false Chris and Marcie must claim the EIP3 of $2,800 as taxable income on their 2021 taxreturn. ...

VITA 2024 ADVANCED TEST WITH 100% CORRECT ANSWERS 1. Prior to working at a VITA/TCE site, ALL VITA/TCE volunteers (greeters, client facilitators, tax preparers, quality reviewers, etc.) must: -Correct 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 l...

VITA EXAM QUESTIONS WITH VERIFIED ANSWERS 1. Prior to working at a VITA/TCE site, ALL VITA/TCE volunteers (greeters, client facilitators, tax preparers, quality reviewers, etc.) must: -Correct Answer-E. A and B 2Can a volunteer be removed and barred from the VITA/TCE Programs for violating the Volunteer Standards of Conduct? -Correct Answer-Yes 3.If a taxpayer offers you a $20 bill because they were so happy about the quality service they received, what would be the appropriate action to ...

VITA Certification Exam questions and answers 100% correct Which of the following is a violation of the Volunteer Standards of Conduct? a . Knowingly preparing a false tax return b . Having a donation/tip jar in the taxpayer waiting area at the site c . Using taxpayer's personal information to ask for a date d. All of the above -Correct Answer-d. All of the above Which volunteers must take Volunteer Standards of Conduct training and test? a . Site Coordinators/Local Coordinators b. Q...

VITA Session 1 Quiz | Questions with 100% Correct Answers | Verified | Updated 2024 What weighted average of scores must volunteers get on weekly quizzes? A) 100% B) 80% C) 65% D) 70% - Answer ️️ -D) 70% (T/F) You are allowed to Quality Review a tax return that you filed. - Answer ️️ -False How many volunteer hours are required during Winter and Spring Quarters respectively? A) 12 Hours; 9 Hours B) 14 Hours; 6 Hours C) 10 Hours; 12 Hours D) 9 Hours, 9 Hours - Answer ️️ -A...

VITA Certification Exam Questions | 80 Questions with 100% Correct Answers | Verified | Updated 2024 | 18 Pages Which of the following is a violation of the Volunteer Standards of Conduct? a . Knowingly preparing a false tax return b . Having a donation/tip jar in the taxpayer waiting area at the site c . Using taxpayer's personal information to ask for a date d. All of the above - Answer ️️ -d. All of the above Which volunteers must take Volunteer Standards of Conduct training and t...

VITA Certification Test Questions | Questions with 100% Correct Answers | Verified | Updated 2024| 12 Pages To ensure quality service and accurate return preparation, every site is required to have a process for assigning taxpayers to IRS tax law-certified preparers who are certified at or above the levelrequired to prepare their tax return. a. True b. False - Answer ️️ -a. True During the intake process, which of the following should the volunteer verify that the taxpayer and spouse...

VITA Intake/ Interview Review Test Questions | Questions with 100% Correct Answers | Verified | Updated 2024 All IRS-certified volunteer preparers participating in the VITA/TEC Programs MUST use form 13614-C along with an effective interview for every return prepared at the site. - Answer️️ - True What should the certified volunteer preparer do before starting the tax return? - Answer️️ -- Make sure all questions on Form 13614-C are answered -Change "Unsure" answers to "Yes" o...

VITA Basic Test | Questions with 100% Correct Answers | Verified | Updated 2024 Calvin has qualifying health insurance coverage (also known as minimum essential coverage) as defined under the Affordable Care Act. - Answer ️️ -True Calvin and Betty may need to make a shared responsibility payment on their joint return if they don't qualify for an exemption. - Answer ️️ -True Who can claim the American opportunity credit? - Answer ️️ -Dana can claim the credit because Tom is he...