_______deductionis a FIXEDamount.Scholarships are_______ (taxable/nontaxable) if theyare used forqualifyingexpenses.People tendto take ____deductionover _____deduction.Name 1 testfor qualifyingRELATIVE:__________Singlestandarddeduction for2025:__________2 examples ofincome formsare:__________and_________.VITA isopen to___majors!Name 1 testfor qualifyingCHILDREN:_______.Qualifyingchildren mustbe __ years oldor ____ if theyare a full timestudent.Taxes areused tobalance out_______taxes.______deduction isa VARIABLEamount.A 1099-___ is aform forinterest.Refundablecredits thatcan be claimed(with/without)tax liability.Married(Joint)standarddeduction:_________ Software weuse to makethe taxreturn:______________ and boardare typically notallowed to beclaimed aseducationalexpenses.Filing statusthat is out ofscope forVITA:_______One type oftaxableincome is_________. The _____ formis the first stepof any return.We fill it out toget moreinformation.Name onecommoncredit is:_______Nonrefundablecredits thatcan be claimed(with/without)tax liability.One type ofnon taxableincome is____________.T/F:Bookstorecharges area qualifyingexpense.T/F: Gainon stocksis taxable._______deductionis a FIXEDamount.Scholarships are_______ (taxable/nontaxable) if theyare used forqualifyingexpenses.People tendto take ____deductionover _____deduction.Name 1 testfor qualifyingRELATIVE:__________Singlestandarddeduction for2025:__________2 examples ofincome formsare:__________and_________.VITA isopen to___majors!Name 1 testfor qualifyingCHILDREN:_______.Qualifyingchildren mustbe __ years oldor ____ if theyare a full timestudent.Taxes areused tobalance out_______taxes.______deduction isa VARIABLEamount.A 1099-___ is aform forinterest.Refundablecredits thatcan be claimed(with/without)tax liability.Married(Joint)standarddeduction:_________ Software weuse to makethe taxreturn:______________ and boardare typically notallowed to beclaimed aseducationalexpenses.Filing statusthat is out ofscope forVITA:_______One type oftaxableincome is_________. The _____ formis the first stepof any return.We fill it out toget moreinformation.Name onecommoncredit is:_______Nonrefundablecredits thatcan be claimed(with/without)tax liability.One type ofnon taxableincome is____________.T/F:Bookstorecharges area qualifyingexpense.T/F: Gainon stocksis taxable.

GM 1 Guided Notes - Call List

(Print) Use this randomly generated list as your call list when playing the game. There is no need to say the BINGO column name. Place some kind of mark (like an X, a checkmark, a dot, tally mark, etc) on each cell as you announce it, to keep track. You can also cut out each item, place them in a bag and pull words from the bag.


1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
  1. _______ deduction is a FIXED amount.
  2. Scholarships are _______ (taxable/ nontaxable) if they are used for qualifying expenses.
  3. People tend to take ____ deduction over _____ deduction.
  4. Name 1 test for qualifying RELATIVE: __________
  5. Single standard deduction for 2025: __________
  6. 2 examples of income forms are: __________ and _________.
  7. VITA is open to ___ majors!
  8. Name 1 test for qualifying CHILDREN: _______.
  9. Qualifying children must be __ years old or ____ if they are a full time student.
  10. Taxes are used to balance out _______taxes.
  11. ______ deduction is a VARIABLE amount.
  12. A 1099-___ is a form for interest.
  13. Refundable credits that can be claimed (with/without) tax liability.
  14. Married (Joint) standard deduction: _________
  15. Software we use to make the tax return: _________
  16. _____ and board are typically not allowed to be claimed as educational expenses.
  17. Filing status that is out of scope for VITA: _______
  18. One type of taxable income is _________.
  19. The _____ form is the first step of any return. We fill it out to get more information.
  20. Name one common credit is: _______
  21. Nonrefundable credits that can be claimed (with/without) tax liability.
  22. One type of non taxable income is ____________.
  23. T/F: Bookstore charges are a qualifying expense.
  24. T/F: Gain on stocks is taxable.