Tax preparers - Study guides, Class notes & Summaries

Certified Tax Preparer (Ctp) With Complete Solutions And Correct Answers Latest Version

Tax Preparer Final Exam Review - Questions and Answers Which form is used to report the sale of a business asset? Form 4797 (17.10) What special treatment is available to self-employed taxpayers with regard to health insurance premiums they pay? They may deduct their premiums as an adjustment to income, if they qualify. (17.17) Carol has a home office. When she is not using the office, she lets her children play video games on an old television she keeps there. Can Carol deduct home-office expe...

Which designation or form gives the appointed person the greatest rights to represent a taxpayer? A. Third party designee, also known as "Check Box" authority. B. Form 8821, Tax Information Authorization. C. Form 2848, Power of Attorney and Declaration of Representative. D. Form 4506-T, Request for Transcript of Tax Return. Answer C The maximum number of refunds that may be electronically deposited into a single financial account is: A. One. B. Two. C. Three. D. Four. Answer C ...

Tax Preparer Final Exam Review questions and answers

Tax Preparer With Complete Solutions And Correct Answers Latest Version

Tax Preparer Final Exam Review Latest Update Questions and 100% Verified Correct Answers Guaranteed A+

Tax Preparer- See3 With Complete Solutions And Correct Answers Latest Version

Taxable income are: Jury duty pay, wages, unemployment compensation If you file married filling jointly you can claim you spouse as your dependent? No, your spouse is not a dependent you are filling together What is adjusted gross income? Your taxable income before deduction For purpose of the earned income credit, a qualifying child is a child who... Meets the relationship test. A tax-payer should itemize deductions if the tax-payer's total itemized deductions are... More than the ta...

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: 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 law ce...

Tax Preparer Ethics Final With Complete Solutions And Correct Answers Latest Version