Final Exam Student:
SCORE: 100%
PASSED
PASSED
Additional Question:
A Tax Professional interested in the CAA program may contact:
XX Their District General Manager.
The IRS CAA Hotline.
Their Client Service Leader.
All of the above.
Additional ITIN resources are available through all of the following, EXCEPT:
XX MBTO/MBFTO.
DNA.
IRS website.
Tax Talks: ITIN.
Which of the following taxpayers meets the residency test by means of the substantial presence test in 2013?
A foreign national who was present in the U.S. for 30 days in 2013, 180 days in 2012, and 180 days in 2011.
XX A foreign national who was present in the U.S. for 95 days in 2013, 180 days in 2012, and 180 days in 2011.
A foreign national who was present in the U.S. for 120 days in 2013, 120 days in 2012, and 120 days in 2011.
A foreign national who was present in the U.S. for 100 days in 2013, 150 days in 2012, and 150 days in 2011.
Which of the following is not listed by the IRS as one of the top ten errors related to Form W-7?
The appropriate reason for submitting the Form W-7 was not checked.
Supporting identification documents were not attached to prove the applicant's identity and foreign status.
XX A tax return was not attached when the Form W-7 met one of the five exceptions.
The Form W-7 was submitted for a dependent who is not listed on the tax return, or vice-versa.
If a Tax Professional thinks that the IRS might question an item on the tax return, what action can they perform?
Leave the information off the return.
Ask the taxpayer to provide a written and signed statement in order to be attached to the return.
XX Use the Notes section in the tax software to include explanations or additional information.
Make a decision to file the return based on the likelihood of the return being audited.