VITA - Final Exam

Welcome to the Final Exam. This exam is a cumulative review of all the sections available in the Volunteer Reference Manual. This exam is graded at the end of the exam and you must pass the exam with a score of 70% or greater to be approved as a VITA volunteer. We urge you to please review all of your answers before submitting the test for grading. If you do not pass this exam, you may take it again at any time. All questions are random so you will not receive the same exact test the next time, so please be sure to review all the section material before attempting the final exam again.

Upon successfully completing the VITA online certification, you will be presented with the option to print a certificate of completion for you to provide to the volunteer site coordinator.

1.  Contributions made on a California return are tax deductible.

2.  When your clients are filing married filing jointly or married filing separately

3.  The VITA/TCE Volunteer Program provides assistance to individuals with limited income

4.  Never enter a dash, zero, or any other figure, unless specifically stated in the FTB 540 booklet or form instructions.

5.  When using software, where is the information on blindness input?

6.  Volunteer site prepared returns must state the site number and preparer's initials on the return.

7.  If your client does not pay enough tax either through withholding or by making estimated tax payments, they may have an underpayment penalty.

8.  If your clients have withholding, a return does not need to be filed.

9.  You should double check withholding on what documents?

10.  California residents must have the same filing status as federal when

11.  To qualify for the California Child and Dependent Care Expense Credit

12.  If a taxpayer's 65th birthday is on January 1, 2014, they are considered to be age 65 on December 31, 2013.

13.  What is Contribution Code 400?

14.  To claim the nonrefundable renters credit, a single taxpayer's income must be this amount or less

15.  The name and social security number of each dependent must be entered in the dependent section of a paper return.

16.  If your taxable income is $12,000, your filing status is 1, what is your California tax?

17.  Delete any estimate penalties assessed in TaxWise.

18.  IRA distributions are generally taxed the same by federal and state unless:

19.  If a taxpayer can be claimed on another return:

20.  Refer taxpayers with penalties and interest:

21.  California requires the alimony paid adjustment to include the name and social security number of the ex-spouse.

22.  You should always double check names and social security numbers.

23.  The dependent exemption credit on Form 540 2EZ is not included in Form 540 2EZ tax table.

24.  California does not conform to the federal tuition and fees deduction.

25.  Calfornia AGI for married filing joint taxpayers, with no dependents, both under 65 creates a filing requirement if

26.  The filing status on the federal and state return must be:

27.  When using Taxwise, there is no procedure for backing out savings bond interest income on the California return.

28.  Real Estate Tax Deduction for California requires a CA Schedule A form in order to itemize.

29.  To make California estimated tax payments use

30.  If the circle on line 6 is shaded, then the taxpayer may not:

31.  Withholding that exceeds 1.0 percent of the client's gross wages is refunded by the employer.

32.  Apartment or room numbers must be entered separately on the state return.

33.  An additional blind credit cannot be taken if your client can be claimed as a dependent on someone else's return:

34.  California AGI for married filing jointly taxpayers, with no dependents, under age 65 creates a filing requirement if:

35.  Only three dependents are allowed on FTB Form 540 2EZ.

36.  Use tax may be paid on the California Income tax return.

37.  To qualify for nonrefundable renters credit your client must pay rent

38.  California Mortgage Debt Relief is limited to what amount?

39.  May a client pay tax owed by April 15th to obtain an extension to file using Form FTB 3519?

40.  Voluntary contributions affect a refund in what way?

41.  Box 14 of the W2 correctly calculates SDI as a federal itemized deduction.

42.  You may use any color ink on a paper return.

43.  The difference between the amount of student loan interest that may be deducted for federal and state should be calculated using:

44.  If filing separate returns, your client would claim half of the total withholding from both spouses on each return.

45.  It is important to complete the federal return because

46.  FTB Form 8879 should be kept with taxpayer records.

47.  If completing a paper return, quality review the return before asking the client to sign the return.

48.  If a client itemizes for federal they must itemize for state.

49.  One correct option to enter SDI is to list the amount and type of SDI in boxes 19 and 20 of the W2.

50.  TaxWise generates a FTB Form 540 unless manually changed by the user.