4491-W-08 Webster Refund Monitor

4491-W-08 Webster Refund Monitor TY2011

Filing Status: Head of household

01-17-2012 v2-2

(Corrections made to Screen Shots & Printed return due to updated Sales Tax tables – some Refund Monitor numbers changed)

Errata – Fix before doing problem

Problem	Page	Location	Change From:	Change To:	Logic
Webster	73	W-2 AW CONTRACTING, box b	11-5XXXXX	11-5xxxxxx	Need more digits

Step	TP Form/ Note(s)	TW Form	Payee/Name	Fed 37 AGI	Fed 74/76 Refund	4012 page	Notes
1	Intake etc. Note 1 Note 3 Note 5	Main Info Prep Use				B-1 1-8	Hint: Use 4012 to find Filing Status
2	W-2	W2	AW CONTRACTING SERVICES	40,461	602	2-3
3	1099-INT	Interest Stmt	HAMPTON FIRST NATIONAL BANK	41,437	556	2-5
4	Expenses	Sch A Sales Tax Scratch Pad Scratch Pad A Detail		41,437	946	F-8 4-2	Hint: Assume Mortgage was on 1098 BP: Use Scratch Pad for Prop Tax calculation and for Mtg calc
5	Note 5	2441 Pg 1	Sheryl Hayden	41,437	1,261	G-2 5-3
6	Note 8	1040 Pg 1 St Tax Refund	State refund	41,924	1,186		Q: Why is refund only partially taxable?
7	Note 9 Note 10	5695 Pg 1	Windows	41,924	1,345	G-9
8		Diagnostics		41,924	1,345		No errors
9	Note 7	Main Info 1040 Pg 2	Direct deposit	41,924	1,345	12-5
10		Diagnostics		41,924	1,345		No errors
11		Create e-file		41,924	1,345		Application error on 01-17-2012
12				41,924	1,345		Ask your mentor for Quality Review

Values with pink background – changed from previous

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)

Please report additions/corrections to Al Hershey