Vita tax exam 2023 - Study guides, Class notes & Summaries

VITA 2023 ADVANCED TEST EXAM QUESTIONS & ANSWERS. VITA 2023 ADVANCED TEST EXAM QUESTIONS & ANSWERS 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. b. Sign and date the Form 13615, Volunteer Standards of Conduct Agreement, agreeing to comply with the VSC by upholding the highest ethical st...

VITA 2023 ADVANCED TEST EXAM QUESTIONS & ANSWERS. 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. 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 certificati...

FiCEP FINAL EXAM REVIEW 2023/2024 GRADED A+. 1. Select the statement that correctly describes a progressive tax.: A progressive tax requires people to pay more as they earn more. 2. Pick the statement that best describes a regressive tax.: A regressive tax charges the same tax rate regardless of the taxpayer's income. 3. Why are government fees and surcharges sometimes described as a form of tax?: Because they generate income for the government. 4. Which taxing authorities are worthy of t...

VITA 2023 ADVANCED TEST EXAM QUESTIONS & ANSWERS-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. 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 certification. d. A...

FiCEP FINAL EXAM REVIEW 2023/2024 GRADED A+. 1. Select the statement that correctly describes a progressive tax.: A progressive tax requires people to pay more as they earn more. 2. Pick the statement that best describes a regressive tax.: A regressive tax charges the same tax rate regardless of the taxpayer's income. 3. Why are government fees and surcharges sometimes described as a form of tax?: Because they generate income for the government. 4. Which taxing authorities are worthy of t...

VITA 2023 Advanced Exam Test Questions with Verified Answers| Distinction 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 2021 tax return? $6,600 - ️️ -4. What is the maximum amount Paul and Maggie are eligible to cl...

2023 Intake/Interview and Quality Review Exam Questions and Correct Answers. All IRS-certified volunteer preparers participating in the VITA/TCE programs must use Form 13614-C or Form 13614-NR, along with a thorough interview for every return prepared at the site. True What must the certified volunteer preparer do with Form 13614-C before starting the tax return? All the above. The Basic certi

VITA 2023 ADVANCED EXAM 1. What is the most beneficial filing status allowable for Rebecca? - ANSWER-D. Qualifying Widow(er) 2. Rebecca has $3,100 in qualifying child care expenses for the child and dependent care credit. - ANSWER-FALSE 3. Pat and Terri are eligible for which of the following credits? Select the best answer. - ANSWER-D. Both a and b Credit for other dependents & Child tax credit

VITA Certification Exam 2023 Complete with Correct Answers 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 intake process, which of the following should the volunteer verify that the taxpayer and spouse, if applicable, have with them to ensure the taxpa...

VITA Basic Exam | Questions with 100% Correct Answers | Verified | Updated 2023 What is the most advantageous filing status allowable that Joe can claim on his taxreturn for 2021? - Head of Household Joe can claim a higher standard deduction because he is blind. - True Chris and Marcie cannot claim the Earned Income Tax Credit (EITC) because theyare too young and have no qualifying children. - false Chris and Marcie must claim the EIP3 of $2,800 as taxable income on their 2021 tax...