VITA Certification Bundled Exams All Versions with complete solution

Jeff may need to make a shared responsibility payment - FALSE Linda does not need to make a shared responsibility payment because she qualifies for an exemption under the short coverage gap criteria - TRUE Ava cannot claim her son for the earned income credit because he did not live with her for ...

1. Rebecca's most beneficial allowable filing status is Head of Household. - false 2. Rebecca has $_______ in qualifying child care expenses for the child and dependent care credit.. - 2500 3. Pat and Terri are only eligible to claim the child tax credit on their 2020 tax return. - false 4. The...

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. - True What should the certified volunteer preparer do before starting the tax return? - -Make sure all questions on Form 136...

Calvin has qualifying health insurance coverage (also known as minimum essential coverage) as defined under the Affordable Care Act. - True Calvin and Betty may need to make a shared responsibility payment on their joint return if they don't qualify for an exemption. - True Who can claim the Am...

Head of Household - 1. What is the most beneficial filing status that Karen is eligible to claim on her 2021 tax return? False - 2. Karen's Economic Impact Payment (EIP3) must be included in her total income. $300 - 3. What amount may Karen deduct as a charitable contribution when filing her 20...

True or False: Only volunteers who prepare and review tax returns are required to complete the Volunteer Standards of Conduct Training and certification. - False True or False: Volunteers are generally held liable for the tax returns they prepare at VITA/TCE sites - False True or False: Voluntee...

1. Prior to working at a VITA/TCE site, ALL VITA/TCE volunteers (greeters, client facilitators, tax preparers, quality reviewers, etc.) must: - Answer E. A and B 2Can a volunteer be removed and barred from the VITA/TCE Programs for violating the Volunteer Standards of Conduct? - Answer Yes 3.If ...

VOLUNTEER STANDARDS OF CONDUCT TEST QUESTIONS 1. Prior to working at a VITA/TCE site, ALL VITA/TCE volunteers (greeters, client facilitators, tax preparers, quality reviewers, etc.) must: - a. Annually pass the Volunteer Standards of Conduct (VSC) certification test with a score of 80% or higher...

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 level required to prepare their tax return. a. True b. False - Answer a. True During the intake process...

What is the most advantageous filing status allowable that Joe can claim on his taxreturn for 2021? - Answer Head of Household Joe can claim a higher standard deduction because he is blind. - Answer True Chris and Marcie cannot claim the Earned Income Tax Credit (EITC) because theyare too young a...

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 a...