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!

Check In-- For Practice # 4 - Flinstone Return

You should show for 2024 Tax Year..........

AGI   $   57, 012

Total Tax (Line 24) $1,902

Results: Refund $2,524 


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

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 


Study Guides & Certification

This section will be updated as soon as the new materials are released in mid October


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.