ACCT-414 - VITA Internship 1

This course enables students to learn tax vocabulary and concepts such as filing status, personal and dependency exemptions, wages, interest and dividends, alimony, unemployment and Social Security benefits, penalty on early withdrawal of savings, standard deduction, limited itemized deductions, child tax credit, child and dependent care credit, earned income tax credit, Form W-4, etc. Students must complete a combination of training provided by both the IRS and STCC that prepares them to provide low income community members with assistance filing income tax returns. Students must complete the IRS-portion of the course and successfully pass the certification examination offered at its conclusion. When those two requirements are satisfied, students must also attend tax software and volunteer orientation sessions offered by the College.

Prerequisite(s): ACCT-210