4491-W-12 Sterling Refund Monitor TY2011
Filing Status: Married filing jointly
11-28-2011 v2-1
Errata Fix before doing problem
Problem |
Page |
Location |
Change From: |
Change To: |
Logic |
Sterling |
124 |
Note 4 |
|
Add after last sentence: |
Need information to assign code on Cap Gn Wkt |
|
124 |
Note 8 |
Their combined AGI for |
Their combined AGI (taxable SS benefits) for |
Need taxable portion of benefits to |
|
124 |
Note 9 |
|
New Note: |
|
Step |
TP Form/ |
TW Form |
Payee/Name |
Fed 37 |
Fed 74/76 |
4012 |
Notes |
1 |
Intake etc. |
|
|
|
B-1 |
Hint: Use 4012 to find Filing Status |
|
2 |
1099-INT |
Chapman Federal S & L |
125 |
0 |
2-5 |
|
|
3 |
1099-INT |
New City Bank |
1,990 |
0 |
2-5 |
|
|
4 |
1099-DIV |
Bridgeport Fund |
2,222 |
0 |
2-6 |
Hint: Add Form 1116 if not already |
|
5 |
1099-R Note 1 |
Averell Pension Fund |
20,620 |
1,715 |
2-17 |
Hint: Use Simplified Method to Q: What did you put on line 5 of |
|
6 |
1099-R |
Scripps Investment Partners |
32,413 |
2,184 |
2-17 |
|
|
7 |
SSA-1099 |
Social Security SP |
43,246 |
1,046 |
2-19 |
BP: Put in whole amount - (Deal BP: Use Scratch Pad for Medicare |
|
8 |
SSA-1099 |
Social Security TP |
50,034 |
576 |
2-19 |
BP: Use Scratch Pad for Medicare |
|
9 |
Note 4 |
Chapman stock sale |
71,844 |
(924) |
2-10 |
BP: Resolve 8949 at same time |
|
10 |
Note 5 |
Still red resolve |
71,844 |
(924) |
|
|
|
11 |
Note 5 |
Still red resolve |
71,844 |
(924) |
|
Hint: Assume no foreign stuff |
|
12 |
Note 9 |
Still red resolve |
71,844 |
(924) |
|
Hint: Assume no foreign stuff |
|
13 |
|
Diagnostics |
|
71,844 |
(924) |
|
Hint: Fix Sch EIC if you checked |
14 |
|
Diagnostics |
|
71,844 |
(924) |
|
No errors |
15 |
Note 8 |
Lump Sum Election |
67,984 |
(347) |
2-20 |
Hint: Would not need to deal with Hint: See Special Topic document |
|
16 |
|
Diagnostics |
|
67,984 |
(347) |
|
No errors |
17 |
|
Create e-file |
|
67,984 |
(347) |
|
E-file created successfully |
18 |
|
|
|
67,984 |
(347) |
|
Ask your mentor for Quality Review |
Values with pink background changed from previous
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Please report additions/corrections to Al Hershey