CyberTax TY2011-08

April 5, 2012
To: CyberTax volunteers (all volunteers with a valid email address in VMIS)
From: David Alexander, Program Manager, AARP Foundation Tax-Aide
Subject: CyberTax 2012-08: Volunteer Tax Alert and Quality Site Requirements – Attached required at sites

In this CyberTax:

  • Volunteer Tax Alert (VTA) on IRA Deductions
  • Quality Site Requirements Alert (QSRA) on Possible Tax Scams

VTA 2012-05 IRA Deduction

Volunteers should determine if a taxpayer’s contributions to an IRA are eligible for an IRA deduction. Only contributions to a traditional IRA are eligible for the IRA deduction.

Some taxpayers who may be potential victims of a possible tax scam may visit your VITA/TCE site. Be aware of some of the warning signs like preprinted tax returns not supported by valid W2s or 1099s and follow your site’s procedures for checking the taxpayer’s identity. Additional details in the attached.