VITA BUNDLED exams 2023 with correct answers

1. Tamara and her ex-husband's divorce was final before December 31, 2018.How does this affect their 2019 tax returns? - correct answer d. Tamara is allowed to deduct the alimony paid as an adjustment to income.Her ex-husband is required to include the alimony received as income. 2.What is the...

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 136...

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) beca...

Calvin has qualifying health insurance coverage (also known as minimum essential coverage) as defined under the Affordable Care Act. - correct 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. - correct ...

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

Prior to working at a VITA/TCE site, ALL VITA/TCE volunteers (greeters, client facilitators, tax preparers, quality reviewers, etc.) must: - correct answer Both a and b a. Annually pass the Volunteer Standards of Conduct (VSC) certification test with a score of 80% or higher. b. Sign and date t...

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. Al...

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 - correct answer a. True During the inta...

1. Rebecca's most beneficial allowable filing status is Head of Household. - correct answer false 2. Rebecca has $_______ in qualifying child care expenses for the child and dependent care credit.. - correct answer 2500 3. Pat and Terri are only eligible to claim the child tax credit on t...

What is the most beneficial filing status allowable for Rebecca? a. Single b. Married filing jointly c. Head of Household d. Qualifying Widow(er) - correct answer Qualifying Widow(er) T or F: Rebecca has $3,100 in qualifying child care expenses for the child and dependent care credit - cor...

. 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...