PRO-P1 – Moore Refund Monitor

Filing Status: Qualifying Widow(er)

12-03-2014 TY2013 v0.4-3

Step	TP Form/ Note(s)	TW Form	Payer/Topic	Fed 37 AGI	Fed 74/76 Refund	NJ 38 Taxable	NJ 56/66 Refund	4012 page 2013	4012 page 2014	Notes
0	Intake etc. Note 2 Note 7		Fill in Part II shaded area (if required)					15	15	To Do: Fill in on paper copy for discussion with Mentor (if required)
1a	Intake etc. SS Cards Note 1 Note 2 Note 7	Main Info						15 B-1 C-10	15 B-1 C-10	BP: Check address on Intake vs address on tax forms Hint: Use 4012 to find Filing Status Hint: Check EIC box for all dependents who might qualify for EIC’ Q: Did you put anything on % address line?
1b	Note 13	NJ 1040 Pg1	Municipality Code							Hint: See Preparer page for link to NJ Municipality Code Lookup Tool
1c	Note 10 Note 12	NJ 1040 Pg 2 NJ Dep Wkt	Dependent’s information							Hint: Need to make changes on NJ Dep Wkt
1d	Intake etc.	Prep Use						C-15	C-15	Do not fill in line 14 until after QR
2	W-2 Note 16	W2	Hawthorn General Hospital	35,965	5,651	31,125	547	D-5	D-6	Hint: Fill in box 12 before override 3, 4, 5, 6 BP: Handle NJ after-tax insurance later Hint: Check Sch A line 5a = 998
3	1099-INT	Interest Stmt	A. Bean Bank & Trust	36,254	5,558	31,414	530	D-8	D-8
4	W-2G Note 6	W2G	Hesser Casino	37,754	5,092	31,414	467			Hint: Need to add W2G (if not in tree) BP: Include corresponding losses Q: Why did NJ refund change?
5	1098-T		University of Columbus	37,754	5,092	31,414	467	J-1	J-1	BP: Save until later so can do comparison of various education options with all other amounts included
6	1099-G	1099G Wkt	NJ Department of Labor	39,508	4,647	31,414	393
7a	CSA-1099R	1099R	OFFICE OF PERSONNEL MANAGEMENT	56,078	3,981	47,984	(45)	D-22	D-25	Hint: See Special handling of CSA in Pub 4012
7b	CSA-1099R	A Detail	OFFICE OF PERSONNEL MANAGEMENT	56,078	3,981	47,904	(44)	F-7	F-7	BP: Add Box 5 med ins to A Detail now
7c	CSA-1099R	NJ 1040 Pg 2 Scratch Pad	OFFICE OF PERSONNEL MANAGEMENT	56,078	3,981	47,904	(44)			Hint: Need to add NJ 1040, line 19b amount via Scratch Pad Hint: Let TW do the arithmetic
8a	1099-R	1099R	Northern Financial Services	61,078	3,231	47,904	56	D-19	D-19	Hint: 5329 should show up in tree automatically
8b	Note 8	5329 TP 1	Northern Financial Services	61,078	3,731	47,904	56	H-1	H-1	Hint: Exceptions codes are listed in 4012
8c	Note 9	NJ IRA Wkt	Northern Financial Services	61,078	3,731	50,964	(4)			Note: TP having records is very rare Hint: Check NJ 1040 line 19b = 3,015
9	Note 4	1040 Wkt2	Student Loan Interest	60,720	3,784	50,964	(4)	E-4	E-4	Hint: May need to add 1040 Wkt2 Q: Why does AGI not go down by full amount paid?
10	Note 5	Interest Stmt	MLPFS brokerage statement	60,720	3,784	50,964	(4)	D-9	D-9
11	Note 11	1040 Pg 1	Still red – resolve	60,720	3,784	50,964	(4)
12		Sch EIC	Run Diagnostics  - Error	60,720	3,784	50,964	(4)	I-6	I-6	Hint: Clicking on Error in Diagnostics will take you to proper screen Hint: Resolve error by filling in Sch EIC Hint: Answer questions on Sch EIC in order and only if red
13		Diagnostics		60,720	3,784	50,964	(4)			No errors – Ready to work on NJ return
14	Note 14	NJ 1040 Pg 3	Line 45 Use Tax	60,720	3,784	50,964	(4)
15	Note 13	NJ 1040 Pg 3	Worksheet F Rent	60,720	3,784	50,964	46
16		Diagnostics		60,720	3,784	50,964	46			No errors – Ready to test education alternatives
17a		1040 Wkt2	Test education as AGI deduction	56,720	4,384	50,964	46	J-1	J-1	Result: Combined refund = 4,430
17b		8863 Pg 2	Test education as Lifetime Learning credit	60,720	4,099	50,964	46	J-1	J-1	Result: Combined refund = 4,145 Hint: May need to add 8863 Pg 2 Q: Why is result better with AGI deduction than with Lifetime Learning credit
17c	1098-T Note 7	8863 Pg 2 Scratch Pad	University of Columbus	60,720	6,284	50,964	46	J-1	J-1	Result: Combined refund = 6,330 Hint: Re-use 8863 Pg 2 from above (after removing Lifetime Learning entry) BP: Use Scratch Pad to document calculation from 1098-T
18		Diagnostics		60,720	6,284	50,964	46			No errors – Ready to enter NJ after tax insurance
19	Note 16	NJ 1040 Pg 2 Scratch Pad	NJ after-tax medical	60,720	6,284	50,304	62
20	Note 15	NJ DD Wkt	Still red – resolve	60,720	6,284	50,304	62
21		Diagnostics		60,720	6,284	50,304	62			No errors
22		Create e-file		60,720	6,284	50,304	62
23				60,720	6,284	50,304	62			Ask Mentor for Quality Review

Click on links in TW Form column to see screen shot of completed TWO form (you may need to click on the picture to enlarge it)

Printed return – click here