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From 1040 Exam Prep

The Most Amazing Tables and

Charts Summaries from IRS
Publications
Compiled and Arranged for You to Use It as a
Complementary Study Guide
Organized by Study Topics
In Printable PDF file

Free resources for tax return

preparers
Tools and aids that will facilitate your
preparation for the IRS competency
exam, required to become a
registered tax return preparer.

Save time and money

Make your review easier
Speed up your understanding
Facilitate your journey to becoming a RTRP.
Have the right material to prepare for the competency exam.

My Gift to You for Being Part of My Community

Few weeks ago I had the opportunity to learn about the Volunteer Income
Tax Assistance (VITA) program of the IRS and had access to their kit of
materials in the Community Action Agency in my area. The Internal Revenue
Service has organized a set of theoretical and practical manuals with
material for volunteers that covers the basis of a simple tax return
preparation. These manuals are very illustrative and make it much easier for
volunteer to do their job.
Taking a look inside the manuals, I saw all these wonderful charts and tables
summarizing the concepts that I know some of you may be struggling to
understand or recall for your competency examination. I couldnt resist the
impulse to find the way to put them together and make it available to you to
help make your preparation easier.
So, I set aside some time and worked out a way you can use these charts
and tables while reading your study materials, to reinforce your
understanding of some of the tricky tax concepts you may be struggling
with.
The charts and tables are titled and organized in a table of content in the
first page of this report; they are not in any specific order. You should look
the table of content to locate a topic you are reviewing to figure out if a
summary of that topic is included. When you find it, just click the title in the
table of content and it will bring you to the page where the table or chart is.
You can print the pages or use them from your computers screen.
Hope you enjoy it!
Yours truly

Norma Wahnon
March 2012

Table of Contents
Click in the title to link to the page
1. Filing Status ............................................................................................ 5
2.

Decision Tree to Determine Filing Status ..................................................... 6

3. Dependency Exemption for Qualifying Child ................................................. 7

4. Dependency Exemption for Qualifying Relative (1) ........................................ 8
5. Dependency Exemption for Qualifying Relative (2) ........................................ 9
6. Taxable and Non-taxable Income ............................................................. 10
7. Child and Dependent Care Credit Expenses ................................................ 11
8. Child and Dependent Care Credit Expenses (Contd) ................................... 12
9. Child and Additional Child Tax Credit ......................................................... 13
10.

Earned Income Tax Credit 1 .................................................................. 14

11.

Earned Income Tax Credit 2 .................................................................. 15

12.

Earned Income Tax Credit 3 .................................................................. 16

13.

Earned Income Tax Credit 4 .................................................................. 17

14.

Earned Income Tax Credit 5 .................................................................. 18

15.

Education Credits ................................................................................ 19

16.

Education Credits 2 .............................................................................. 20

17.

Credit for the Elderly or the Disabled Decision Tree ............................... 21

18.

Deductible Entertainment Expenses ....................................................... 22

19.

Meal and Entertainment Expenses 50% limit ........................................ 23

20.

Travel Expenses .................................................................................. 24

21.

Moving Expenses: Distance Test ............................................................ 25

22.

Deductible Transportation Expenses ....................................................... 26

23.

Alimony Requirements ......................................................................... 27

24.

Student Loan Interest deduction ............................................................ 28

25.

Student Loan Interest deduction (2) ...................................................... 29

26.

Scholarship and Fellowship ................................................................... 30

27.

Traditional IRA Deduction ..................................................................... 31

28.

Retirement Savings Contributions Credit ................................................. 32

29.

Itemized Deductions ............................................................................ 33

30.

Itemized Deductions (2) ....................................................................... 34

31.

Standard Deductions (3)....................................................................... 35

32.

Recordkeeping .................................................................................... 36

33.

Qualified Head Household ..................................................................... 37

34.

Residential Energy Credit ...................................................................... 38

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1.

Filing Status

2. Decision Tree to Determine Filing Status

3.

Dependency Exemption for Qualifying Child

4.

Dependency Exemption for Qualifying Relative (1)

5.

Dependency Exemption for Qualifying Relative (2)

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6.

Taxable and Non-taxable Income

7.

Child and Dependent Care Credit Expenses

8.

Child and Dependent Care Credit Expenses (Contd)

9.

Child and Additional Child Tax Credit

10.

Earned Income Tax Credit 1

11.

Earned Income Tax Credit 2

12.

Earned Income Tax Credit 3

13.

Earned Income Tax Credit 4

14.

Earned Income Tax Credit 5

15. Education Credits

16.

Education Credits 2

17.

Credit for the Elderly or the Disabled Decision Tree

18.

Deductible Entertainment Expenses

19.

Meal and Entertainment Expenses 50% limit

20.

Travel Expenses

21.

Moving Expenses: Distance Test

22.

Deductible Transportation Expenses

23.

Alimony Requirements

24.

Student Loan Interest deduction

25.

Student Loan Interest deduction (2)

26.

Scholarship and Fellowship

27.

Traditional IRA Deduction

28.

Retirement Savings Contributions Credit

29.

Itemized Deductions

30.

Itemized Deductions (2)

31.

Standard Deductions (3)

32.

Recordkeeping

33.

Qualified Head Household

34.

Residential Energy Credit