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Highlights from prior general meeting. Tax services. Main Audience: College students Graduate Students Residents of IV Low to Middle Income Bracket Fee tax services to those who earn $50,000 or less W-2s. IMPORTANT TAX SITE QUESTIONS. SHOULD I FILE EVEN IF I AM NOT REQUIRED TO?

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tax services
Tax services
  • Main Audience:
    • College students
    • Graduate Students
    • Residents of IV
  • Low to Middle Income Bracket
    • Fee tax services to those who earn $50,000 or less
    • W-2s
important tax site questions
IMPORTANT TAX SITE QUESTIONS
  • SHOULD I FILE EVEN IF I AM NOT REQUIRED TO?

ANSWER: YES!

    • SINGLE INDIVIDUALS: REQUIRED TO FILE IF EARN $9,500+
    • MOST STUDENTS EARN LESS THAN THIS.
    • WHY FILE?
      • TAX AUTOMATICALLY WITHHELD FROM W-2S
      • MANY TIMES, YOU PAY THE GOVT MORE THAN YOU OWE
      • MOST LIKELY, CAN RECEIVE TAX REFUND FROM STATE WITHHOLDINGS ON W-2.
ucsb vita tax site
Ucsb vita tax site
  • Start: Feb 3, 2012
  • Day: Every Sunday
  • Time: 1-5 PM
  • Location: SRB 1st Floor Computer Lab
certification link learn
CERTIFICATION: Link & Learn
  • Create an account
    • Organizations-VITA
    • Fill out your information
    • https://www.linklearncertification.com/d/
  • LINK & LEARN:
    • VITA Certification
    • onlyhttp://apps.irs.gov/app/vita/04_student.jsp?level=basic
  • TAXWISE:
    • To prepare actual returns.
tax wise
Tax Wise
  • https://twonline.taxwise.com/training/User/Login.aspx?ReturnUrl=/training/
  • Youtube Video
  • Client ID: 2728616
  • Username: Use your school email name
    • Ex: jtong@umail.ucsb.edu
      • Taxwise Username: jtong
  • Password is your username the first time you log in
  • Change password
  • Always use GREEN background for training mode!!!!!!
link learn faq
Link & learn FAQ
  • 1. How much time does it take to complete the test?
    • Answer: Depends on the person’s training and experience. 
      • Basic: 45 minutes
      • Intermediate: 1 hour
      • Advanced: 45 minutes
  • 2. What if I am unable to complete an online test in one session?
    • Answer:  The online system will bookmark where you stop in an online test. When you log back into the online test it will show “in progress” for the test you were taking.  Just click on that link to continue with the test. 
  • 3.What if I need to change an answer on the online test?
    • Answer:   There is the “back” button so you can change your answer to a question.   At the end of the test there will be a message display of answers and any questions that have not been answered. You will need to complete all questions and then hit the submit key.
    • Q&A above obtained from Source: http://www.vita-volunteers.org
link learn faq1
Link & learn faq
  • 4. What documentation can I obtain if I certify through the online test with Link & Learn Taxes?
    • Answer:Once you successfully complete a test you can print a course certificate. 
  • 5.Is the Volunteer Agreement available in the online test? 
    • Answer:  Yes, the Volunteer Agreement is available. Once you successfully complete a test online you can print or save a copy of your Volunteer Agreement.  There is a link on the test home page in the upper right hand corner of the screen. 
  • 6.What is the passing score for certification?
    • Answer: The passing score for the test for each course is 80%.
    • Q&A above obtained from Source: http://www.vita-volunteers.org
requirements to volunteer
Requirements to volunteer
  • All Volunteer Tax Preparers must pass 2 tests:
    • 1. Basiccertification test* 
    • 2. Volunteer Standards of Conduct test*
      • *Aminimum score of 80% is required for each certification test.
test 1 volunteer standards of conduct
Test 1: volunteer standards of conduct
  • Length: 5 Questions
  • Content: Do’s and Don’ts of volunteers and the volunteer site
  • Pass: 80% Correct
    • 4 out of 5 questions correct
test 2 basic test
Test 2: basic test*
  • Length: 30 Questions
  • Content: Individual & family tax laws
  • Pass: 80% Correct
    • 24 out of 30 questions correct

*REQUIRED FOR ALL TAX PREPARATION VOLUNTEERS!

test 2 basic test1
Test 2: basic test*
  • Sample Scenario: