TY2022 Scenarios and Results (Realistic Ones!) --
Note: I did not have a Quality Reviewer on these so if we don't agree--double check your work and then contact me as I am human.

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Adams ---  Certification Level: Basic

• Intake Form
• Supporting Documents 
• Completed Return (to compare yours to )
• How I review return with client (video)

​Shared by Bill Humphrey

BUTLER -- Certification Level: Basic

• Intake Form
• Supporting Documents
• Completed Return  (to compare yours to)
• How I review return with client (video)

​Shared by Bill Humphrey

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Campbell -- Certification Level: Advanced
Self-employment, 16 years old

• Intake Form
• Supporting Documents
• Completed Return  (to compare yours to )

​​Shared by Bill Humphrey

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Davis -- Certification Level: Advanced 
Marketplace, stocks

• Intake Form
• Supporting Documents
• Completed Return  (to compare yours to )
• How I review the return with client

​​Shared by Bill Humphrey

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More scenarios can be found on other pages like: Self employment and Education and Marketplace

Capital Gains Scenarios

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Below is from 2021--not updated for results but practice entering!!! 

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Scenario: William Carter  **from AARP-sent to me by Taxaide volunteer
                 Summary:  Self-employed, pays for health insurance, has annuity
                  Click Here for: Intake form and supporting documents
                                            Completed tax return

Scenario: Ronald Brown & Veronica Snyder---not updated-- was for prior year...
                 Summary:  Newly married, have a son, there are college expenses, interests, scratch-off lottery winnings, jury duty, IP Pins...
                  Click here for: Intake Form and supporting documents
                                            Completed tax return

Scenario: Beverly Blanchard (From Brad's set of scenario's--see below)
                  Summary: Divorced, has twin kiddos that lived with her all year. Her sister and sister's boyfriend moved in with her; she brought her 2019 & 2020 returns with her as instructed, but not sure why; she withdrew money in 2020 from her retirement account because of COVID  and decided to have the income spread over a three year period.  As of 12/21/21 this was not able to be entered in Taxslayer.  https://drive.google.com/file/d/1Pc_gSl8S9qNMkmWZoNA_8jlLzXBdIZ_Y/view
​                  Click here for: Intake form and supporting documents
                                           Completed tax return

 Scenario: Nancy Reagan
                 Summary: Spouse died in 2021, raising grandkids, daycare expenses, received ACTC, 
                 Click Here For: Intake Form & Supporting Documents
                                           Completed Return

A fabulous VITA volunteer and professor, Brad, from Alabama puts together some amazing resources each year:
Dear Iris letters and Practice Scenarios.  Below are the links to access the resources.
You need to use this password to access the sites: TRAINPROWEB

DEAR IRIS- HOW WOULD YOU RESPOND?

PRACTICE SCENARIOS

A Dear IRIS shared by Bill H. in NC: (regarding crypto)

​Dear Iris,
 
All my friends were telling me how much money they were making in Bit Coin. So I decided to give it a try and plunked down ten grand on Bit Coins. Six months later, they were worth half that and I cashed out! Now my friend who works at one of those free tax sites and has done my return for years tells me he can’t do my tax return because I was trading digital currencies. Is that a fact? Besides losing all that money am I now going to have to pay someone to do my tax return?
 
Lost It in Trinity
 
Dear Lost It:
 
Sorry to hear your foray into digital currency went so badly. But doing tax returns for investors in digital currency can be complicated and the IRS does not allow their free tax preparation sites to do returns that involve the purchase and sale of so-called crypto currencies. Like I said, this can be pretty complicated, for example, buying digital currencies and then using those currencies to purchase goods is also a disqualifying event for free tax preparation. It’s really important that both the taxpayer and the preparer understand all the details of the transaction and the rules before proceeding.
 
If you had just bought Bit Coins and not sold them, your friend could still do your return. But once you sold those coins, your return became “Out of Scope” for the IRS’s free tax sites. Keep in mind there are lots of nuances in the definition of the words “bought” and “sold” when deciding how to answer the Digital Asset question on the Form 1040.  But in your case, it’s pretty clear, you’ll have to answer the question “Yes” and have to bite the bullet and pay to have your return done this year.