VITA - Final Exam

Welcome to the Final Exam. This exam is a cumulative review of all the sections available in the Volunteer Reference Manual. This exam is graded at the end of the exam and you must pass the exam with a score of 70% or greater to be approved as a VITA volunteer. We urge you to please review all of your answers before submitting the test for grading. If you do not pass this exam, you may take it again at any time. All questions are random so you will not receive the same exact test the next time, so please be sure to review all the section material before attempting the final exam again.

Upon successfully completing the VITA online certification, you will be presented with the option to print a certificate of completion for you to provide to the volunteer site coordinator.

1.  Apartment or room numbers must be entered separately on the California return

2.  California residents must have the same filing status as federal when

3.  Calfornia AGI for married filing joint taxpayers, with no dependents, both under 65 creates a filing requirement if

4.  The amount of federal itemized deductions is the same amount of itemized deduction used on the California return.

5.  California Tax Credits include

6.  Where do you enter extension payments on the California return?

7.  Box 14 of the W2 correctly calculates SDI as a federal itemized deduction.

8.  An entry of 2 on line 9, on Form 540, equals:

9.  Your client may claim a credit for excess SDI or VPDI withheld only if

10.  The California Child and Dependent Care Expense Credit is a percentage of:

11.  Contributions to the Emergency Food for Families fund will be used to help local food banks.

12.  Your client can choose to use different exemption credits on their Federal and California return.

13.  California does not tax unemployment compensation.

14.  Most pension adjustments are on FTB Schedule CA (540) line 16, Column B.

15.  The filing status on the federal and state return must be:

16.  Tax exempt municipal or state bonds from other states must be reported on the California return using Schedule CA.

17.  California Tax Credits include

18.  What is Contribution Code 404?

19.  What TaxWise step do you take for Railroad Retirement 1099R income statements?

20.  California does tax foreign social security income.

21.  On the FTB Schedule CA (540) a Column B adjustment is

22.  SIDN must be included on all returns whether E-filed or manually completed.

23.  An estimate penalty is assessed if the tax due is:

24.  The quality review process is:

25.  A return must be filed if filing as a qualifying widow(er), over age 65, with 2 dependents and has CA Gross Income more than

26.  Any California Lottery losses claimed must be subtracted from federal itemized deductions.

27.  Taxwise does not automatically enter the nonrefundable renters credit, you must enter the credit on the state return.

28.  Quality review should look over all Schedule A itemized deductions.

29.  What are the differences between federal and state treatment of Health Savings Accounts?

30.  Filing status 5 equals how many personal exemption credits?

31.  Taxpayers may request that their refund be electronically deposited into more than one checking or savings account.

32.  State tax withheld is found in which box on the W-2?

33.  The dependent exemption amount for 2013 is:

34.  Social Security benefits and railroad retirement are

35.  On the state return, the software has a check box to:

36.  Exemption credits must be subtracted from the amounts listed in the tax table unless:

37.  You must review each line of the CA 540 to make sure the information transferred correctly from the federal tax return.

38.  State tax law is different from federal for children under 19 with more than $2,000 in investment income

39.  The name and social security number of each dependent must be entered in the dependent section of a paper return.

40.  If your clients do not have a social security number because they are nonresident or resident aliens use

41.  The sales tax tables in the California Volunteer Reference Manual list the total sales tax assessed by county.

42.  Medical expense amounts paid with a Health Savings Account distribution may be an itemized deduction on the Form 540 return.

43.  IRS and FTB policy require a Quality Review Sheet be attached to the transmittal documents of all e-filed returns.

44.  To compute the Use tax, complete the Use tax Worksheet

45.  Use tax paid on the California return increases or decreases refund amount?

46.  FTB Schedule CA (540) should be completed when

47.  To calculate your client's IRA California basis use the IRA adjustment worksheet.

48.  What document is used to determine bank routing and account number for refund direct deposit?

49.  To find your tax read down the column labeled:

50.  A return claiming two personal exemptions and one dependent exemption will decrease the tax due by how much?