Volunteer Income Tax Assistance

Posted in Finance, Accounting and Economics Terms, Total Reads: 872
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Definition: Volunteer Income Tax Assistance

Volunteer Income Tax Assistance provides free income tax preparation assistance to the low-income, elderly, disabled and others who cannot afford to get income tax preparation. The volunteers are certified by IRS who are given the right to become income tax preparation volunteers.


These volunteers are trained and certified by IRS. The volunteers have to appear for a open book exam and qualify in it after the training comes to an end. The kind of issues dealt by VITA volunteers varies in depth and intensity with that of paid prepares as the former are mostly involved in low income tax preparation including tips, dividends, interest, social security, retired income and others.


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