VITA Certification Exam Guide Graded A 2024

Yes and No: An IRS tax law certified volunteer preparer told the taxpayer that cash income does not need to be reported. The return was completed without the cash income. The designated Quality Reviewer simply missed this omission and the return was printed, signed, and e-filed. Did the designated Quality Reviewer violate the Volunteer Standards of Conduct? - ANSWER-No Maggie asks Josh, the tax law certified preparer, to deposit her refund into Josh’s checking account and turn the funds over to her when received. If Josh says yes, he is in violation of the standards. - ANSWER-Yes. Every site is required to have a process for assigning taxpayers to tax law certified prepared who are certified at or above the level required to prepare their return. - ANSWER-True Which of the following statements is NOT correct? a. Volunteers should confirm the taxpayer’s identity through photo ID. b. Volunteers should verify the Social Security number and/or ITIN. c. Volunteers should review all documents needed to prepare an accurate return. d. Volunteers do not need to refer to the intake sheet when preparing the tax return . - ANSWER-d. Volunteers do not need to refer to the intake sheet when preparing the tax return . The quality review process includes: a. Assigning a Quality Reviewer with the appropriate certification level. b. Inviting the taxpayer to participate in the quality review. c. Explaining to the taxpayer that they are responsible for the information on their tax return