This training is for UofSC Phi Alpha Beta students, alumni and Benedict students.
All volunteers who prepare returns are required to certify at either the Basic or Advanced level.
Prior to attending this training session, you should have completed the Volunteer Standards of Conduct (VSOC) and Intake, Interview, & Quality Review (IIQR) Certifications in Link and Learn
The Advanced course covers income from wages, interest and dividends, retirement and certain tax credits for individuals and couples. Advanced includes the following content:
- Important Tax Law Changes
- Course Introduction
- Filing Basics
- Filing Status
- Personal Exemptions
- Dependency Exemptions
- Unique Filing Status and Exemption Situations
- Income
- Income - Unemployment Compensation
- Income - Social Security Benefits
- Retirement Income
- Investment Income
- Other Income
- Health Savings Accounts
- Adjustments to Income (Penalty for Early Withdrawals of Savings)
- Standard Deduction and Tax Computation
- Credit for Child and Dependent Care Expenses
- Itemized Deductions
- Child Tax Credit
- Education Credits
- Miscellaneous Credits
- Other Taxes
- Payments
- Earned Income Credit
- Refund and Amount of Tax Owed
