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Form 13615 online Oregon: What You Should Know
VITA (Volunteer Income Tax Audit) is an IRS program developed with The American Center for Law and Economics (ACL EE) for the purpose of assisting high risk volunteer organizations in preparing tax returns that do not have the required income and deductions for a taxable income. The purpose of this program is to educate 501(c)3 organizations and volunteer organizations on the program requirements, how to prepare tax returns of their own, and whether they, as a 501(c)3 organization, should take advantage of the program. There are many reasons an individual or organization may be considered to be a high risk volunteer program and may benefit from assisting with the IRS tax audit. One of the key issues in this area is to understand the “assessment” status of a program. A tax program may be assessed at any of the three levels which are: Level I — The program is not tax qualified and the “assessment” status is set at the “Assessment Exempt” level. Level II — The program is tax qualified and the “assessment” status is set at the “Assessment Fair” level. Level III — The program may be tax qualified and the “assessment” status is set at the “Assessment Non-Taxable” level. These requirements may be based on the program characteristics which are: the size, frequency of volunteer activities, the number of volunteers, the amount of income reported to the IRS at the end of the year, and/or the amount of the program fees paid. Level I — “Assessment Exempt” status In all of our audits, we consider each case on an individualized basis and assess a maximum program assessment based on our evaluation of specific factors. In the cases where we do not have sufficient facts and circumstances for an assessment for each volunteer, we do allow volunteer tax exemption for any program expenses, provided the amount of the program fees paid does not exceed 10% of the volunteer's income for that tax year, and the amount of the volunteer's income as reported to the IRS during that tax year does not exceed 10% of his or her income. Level II — “Assessment Fair” status Assessment on the “Assessment Exempt” level may be based on any number of factors, but generally, one factor will be based on the program's size and frequency of volunteer activities.
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