VITA - Section Quiz




Welcome to the Form 540 Quiz. This quiz is not submitted for scoring, nor will it be recorded. This is just a chance for you to see how much you know about each section. Your answers will be evaluated upon your clicking the Submit button. If your answer is incorrect, we urge you to try again and then go back and study that particular sub-section which pertains to that question.

If you have taken some practice quizzes and feel comfortable with your results, please proceed to the final exam. This exam is graded and will determine if the Franchise Tax Board can grant you a certification as a Volunteer Income Tax Assistant. You may take the final exam at any time by clicking the link on the upper right of this page.

Good luck!

1 . Always allow the software to calculate interest and penalties. 

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



3 . It is beyond the scope of the VITA program to calculate the underpayment of estimated tax penalty on line 113. 

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

5 . Overpaid tax may be used as a charitable contribution on the state return. 

6 . California taxes long and short term capital gains as regular income. 

7 . FTB Schedule CA(540),line 8,Column A,includes $80 interest from US Savings Bonds for a total of $200 interest income. On the FTB Schedule CA (540) 



8 . Contribution funds are found in what publication? 



9 . A married couple over the age of 65, filing FTB Form 540, would enter which amount on line 9? 



10 . California does not conform to the federal tuition and fees deduction.