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)

 

Printed return click here

 

Printable version of this page click here

 

Please report additions/corrections to Al Hershey