VITA Certification Exam (New 2023/ 2024
Update) Questions and Verified Answers|
100% Correct| Graded A
QUESTION
As part of the intake process,
... [Show More] each site must:
a. Have a process to ensure a return is within the scope of the VITA/TCE Programs
b. Identify the certification level needed to prepare a return
c. Have a process to ensure volunteers have the certification needed for the returns they prepare
d. All of the above
Answer:
d. All of the above
QUESTION
When should an IRS-certified volunteer preparer participating in the VITA/TCE Programs
perform a complete interview of a taxpayer?
a. Only when the taxpayer has questions
b. Only if the taxpayer has never visited your site
c. Only when the site is not busy d. For every return prepared at the site
Answer:
d. For every prepared tax return
QUESTION
The certified volunteer preparer should verify the return is within their certification level as part
of the Intake/Interview process.
Answer:
True
QUESTION
When reviewing Form 13614-C, you see the "Interest" question is marked "Yes" and the
taxpayer gives you a Form 1099-INT. What should you do next?
Answer:
c. ask the taxpayer if they had any other interest income
QUESTION
True or False: VITA and TCE sites are required to conduct quality reviews of every return
prepared at the site.
Answer:
True
QUESTION
A taxpayer tells you that they had health insurance coverage for the entire year, but they did not
bring proof of the coverage. This information along with all other information gathered during
your interview does not seem unusual or questionable. As a tax preparer, you should:
Answer:
b. prepare the return using the information without seeing any proof of insurance coverage
QUESTION
What information must a volunteer review to deter the possibility of identity theft?
a. Form W-2 b. Photo identification c. Last year's tax return d. Medicaid card
Answer:
b. photo identification
QUESTION
Basic Scenario 1:
Wendy Gordon.
AGE: 20, is a U.S. citizen with valid SS.
"Unsure" to question "Can anyone claim you or your spouse on their tax return?"
- full time student during 2015
- only income for $6,500 in wages
- lived with her parents all year, but they told her they will not claim her
- does not provide more than half of her own support.
Answer:
Which of the following statements is correct?
a. Wendy must claim 0 exemptions, because [Show Less]