Welcome to VITA!
Why Study & practice?
-
Build confidence and accuracy by learning how to research and apply tax law.
-
Ensure quality service for clients with the support of resources and experienced teammates.
Practice Scenarios are coming and videos
Follow in order-- trainings build on each other...
Click on Images for presentation
EVERYONE MUST PASS THE
CODE OF CONDUCT TEST
& INTAKE INTERVIEW TEST.
<---CLICK IMAGES --->
TO SEE A STUDY GUIDE
FOR EACH.
Study Guides from United Way of Greater Richmond & Petersburg
ALL TAX PREPARERS, QUALITY REVIEWERS NEED TO REVIEW THE FOLLOWING LESSONS. Click images for lesson.
I TRIED TO KEEP THEM SHORT AND I HAVE PROVIDED PRACTICE FOR SOME OF THEM AS WELL.
YOU DONT NEED TO MEMORIZE ANYTHING--HAVE FUN!
Who can be claimed as a dependents?
Make sure you VIEW this and use your tools!
9-7-25 Correction made to practice-thanks for catching the error Jeanie R!!!
Selecting the correct and BEST is not always obvious--NEVER ASSUME!!
A thorough Intake is KEY to an accurate return.
I cannot stress the importance of a thorough intake interview.
Get to know your taxpayers and have fun!
Types of Income &
How to enter in the software
Check In-- For Practice # 4 - Flinstone Return
You should show for 2024 Tax Year..........
AGI $ 57, 012
Total Tax (Line 24) $2,524
Results: Refund $1,902
Retirement Income 1099Rs
A NOTE I WANT TO ADD: When calculating the taxable portion for a joint survivor beneficiaty using the Simplified Method (and Taxslayer now works great for this) -- if the employee was receiving benefits BEFORE passing away then use the same combined age after death. If the benefits started AFTER the employee passed away use only the survivor's age. (Note from PUB 4012 Section D)
Check In-- For Practice # 5 - Jones' Return You should show for 2024 Tax Year..........
AGI $47,927
Total Tax (Line 24) $1,473
Results: Refund $1,122
Social Security; RailRoad Retirement and Alimony
Make sure to check out the practice scenarios!
Add in Wilma's Railroad Retirement
Dana has a Corrected SSA w/Lumpsums
Check In-- For Practice # 6 - Flintstone Part 2
You should show for 2024 Tax Year..........
NEW AGI $ 97,256
Total Tax (Line 24) $7,554
Results: Owes $1,128 **why the change?
Check In-- For Practice # 6 - Jones' Part 2
You should show for 2024 Tax Year..........
NEW AGI $ 44,272
Total Tax (Line 24) $508
Results: Refund $2,087 **why the change?
Self-Employment
**ADVANCED TOPIC**
Check In-- For Practice # 7 - Banta- Part 1 You should show for 2024 Tax Year..........
AGI $27,525
Total Tax (Line 24) $1,628
Results: Refund $1,297
Interest, Dividends AND
Capital Gains
**ADVANCED TOPIC**
Add COnsolidated Brokerage Statement
Check In-- For Practice # 8 - Jones' Part 3 You should show for 2024 Tax Year..........
NEW AGI $ 64,128
Total Tax (Line 24) $2,652
Results: OWES $57
Alimony, Gambling, Cancelled Debt, Unemployment, Poll Worker, Medicaid Waiver Payments & More!
Check In-- For Practice # 9 - Cristano Part 1 You should show for 2024 Tax Year..........
AGI $ 46,224
Total Tax (Line 24) $0.00
Results: $5,517
How to complete page 2.
Educator Expenses, IRA Contributions, Student Loan Interest
Check In-- For Practice # 11 - Banta- Part 2 You should show for 2024 Tax Year..........
AGI $24,325
Total Tax (Line 24) $882
Results: Refund $2,043
9-7-2025 Correction made to Standard Deduction example for MFJ Seniors- thanks Scot D!
And the Differences Between them. *Includes NEW TAX LAW
Differences Between them.
Differences Between them.
Video generated by Google NotebookLM
Differences Between them.
Differences Between them.
Types of Education Credits & Qualifications
Maximizing the- Education Credit & Kiddie Tax
**Advanced Topic**
What to watch for when Allocating and the Taxpayer is the Student.
Check In-- For Practice # 9 - Cristano Part 2 You should show for 2024 Tax Year..........
AGI $ 46,224
Total Tax (Line 24) $0.00
Results: $8,641 **why the change?
Marketplace
Check In-- For Practice # 9 - Cristano Part 3 You should show for 2024 Tax Year..........
AGI $ 46,224
Total Tax (Line 24) $0.00
Results: $7,891 **why the change?
Intake Form- Page 3 to end
TAX YEAR 2025 Study Guides & Certification
Basic #17 does not give the correct answer as an option-choose the one closest instead
Coming Soon.. TAX YEAR 2025 Scenario Results
*** 2025 Software is NOT available yet-will update to 2025 when it is ***
TAX YEAR 2025 Certification Review
Once you have completed answering all the test questions in your book(or on paper), before you submit online on the IRS certification site, input your answers in these online forms to check your work. Feedback is given--if you get a question incorrect, it will guide you to the resource you should review. Remember, this is all about learning so we can do the best for our clients.
Coming Soon!
