RESOURCES
The definitive resource for all Tax-Aide tax questions.
What is NTTC Publication 4012?
Number of times you can take the Advanced Test
What is 2?
The new term for Qualifying Widow/ Widower
What is Qualifying Surviving Spouse?
Maximum teacher expense deduction is $250.
What is "False"?
The maximum teacher expense deduction is $300.
The length of time the average Intake Interview should take.
What is 10 minutes?
Two resources for determining dependency.
What are the Bogart Dependent Qualification Calculator and the Qualifying Child or Relative Resource Tool?
Four Workbook Exercises required for certification
What are Bartlett, Huberman, Irving and Martin?
The maximum age to receive the Earned Income Credit.
What is 65?
Taxpayers can no longer deduct any charitable contributions if using the Standard Deduction.
What is "True"?
The keys to press to set All Caps on the Chromebook.
What are Alt & Search?
This is where to input information from Counselor to QR or information to future preparers.
What are Notes and Tags?
The Advanced Test required pass rate
What is 80%?
January 1-June 30 and July 1- December 31
What is the division of mileage for the medical, self-employment and charitable miles deduction?
Taxpayers can take a QCD beginning at age 70 ½.
What is "True"?
The person to talk to before telling a taxpayer that we cannot complete their return.
Who is the Local Site Coordinator?
This is where we find the issues that keep us from preparing a return for a taxpayer.
What is the Scope Manual?
Or
What is Pub. 4012?
LMS Courses Required for Certification
What are
- Policies & Procedures
- Security Essentials
- Technology & Security
- Site Coordinator (for some)?
Conditions necessary for home rental to be In-Scope.
What are
- the home is rented for less than 14 days and
- the taxpayer used it personally for at least 15 days?
Virtual currency is always out of scope.
What is "False"?
It is In-Scope if it is part of a mutual fund rather than a specific investment.
Document needed to prove Social Security number
What is the social security card, a prior year tax return, or any government-issued document with the full social security number on it?
This is who to talk to if you can’t figure something out within 3 minutes.
Who is the Local Site Coordinator or a Quality Reviewer?
Link & Learn Requirements for Certification
What are
- Standards of Conduct
- Intake/Interview & Quality Review
- Advanced Exam?
Computation if the taxpayer receives an IRA distribution and makes a QCD in the same year.
What is deduct the QCD from the IRA distribution to determine the taxable amount of the IRA distribution?
The Standard Deduction is the same for every taxpayer.
What is "False"?
Adjustments are added for blind taxpayers or taxpayers 65 and over.
Even though the taxpayer and spouse get this form from the employer, the Simplified Method is only completed for the retired employee.
What is a 1099-RRB?