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 website to check energy ratings to qualify the taxpayer's energy credit?
What is www.energystar.gov?
Maximum teacher expense deduction is $250.
What is "False"?
The maximum teacher expense deduction is $300.
The form that lists the credit a taxpayer might get for saving money for retirement.
What is Form 8880?
Two resources for determining dependency.
What are the Colorado Resource Toolbox Dependent Qualification Calculator and the Qualifying Child or Relative Resource Tool?
Four Workbook Exercises required for certification
What are D'Antonio, Huberman, Parata and Tham?
The rules that apply when two people qualify to claim a dependent.
What are the Tiebreaker Rules?
A PSO can take a deduction from taxable income for long term care insurance
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%?
Energy saving purchases where the credit does not include labor costs.
What is insulation, doors, and windows?
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
- Technology & Security
- Site Coordinator (for some)?
Calculation used to determine taxable portion of a retirement distribution.
What is the Simplified Method?
Virtual currency is always out of scope.
What is "False"?
It is In-Scope if the taxpayer buys or owns virtual currency but does not trade or sell it.
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 made for filing status, for blind taxpayers and for 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?