PRO-P1 – Moore Refund Monitor

Filing Status: Qualifying Widow(er)

11-27-2013 TY2012 v1.0-1

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 2012	Notes
0	Intake etc. Note 2		Fill in page 4, Section B (if required)					p 13	To Do: Fill in on paper copy for discussion with Mentor (if required)
1	Intake etc. Note 1 Note 2 Note 7	Main Info Prep Use						B-1 C-4 1-8	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?
2	W-2	W2	HAWTHORN GENERAL HOSPITAL	35,965	5,353	31,125	502	2-3	Hint: Fill in box 12 before override 3, 4, 5, 6 Hint: Double check box 6 BP: Handle NJ after-tax insurance later
3	1099-INT	Interest Stmt	A. BEAN BANK & TRUST	36,254	5,260	31,414	484	2-5
4	W-2G Note 6	W2G	HESSER CASINO	37,754	4,794	31,414	421		Hint: Need to add W2G (if not in tree) BP: Include corresponding losses
5	1098-T		UNIVERSITY OF COLUMBUS	37,754	4,794	31,414	421		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	4,348	31,414	347
7	CSA-1099R	1099R A Detail	OFFICE OF PERSONNEL MANAGEMENT	56,078	3,854	47,854	(43)	2-17 2-19	Hint: See Special handling of CSA in pub4012 BP: Add Box 5 med ins to A Detail now
8	1099-R	1099R 5329 TP 1	Northern Financial Services	61,078	3,604	47,854	57		Hint: 5329 should show up in tree automatically
9	Note 4	1040 Wkt2	Student Loan Interest	60,720	3,656	47,854	57	E-5	Hint: May need to add 1040 Wkt2 Q: Why does AGI not go down by full amount paid?
10	Note 5	Interest Stmt	York Municipal Bonds	60,720	3,656	47,854	57	2-5
11	Note 11	1040 Pg 1	Still red – resolve	60,720	3,656	47,854	57
12		Sch EIC	Still red – resolve	60,720	3,656	47,854	57	H-2 6-5	Hint: Answer questions in order and only if red
13		Diagnostics		60,720	3,656	47,854	57		No errors – Ready to move on to NJ return
			NJ Return	60,720	3,656	47,854	57		Hint: Follow NJ Special Handling line-by-line for NJ-1040
14	Note 13	NJ 1040 Pg1	Municipality Code	60,720	3,656	47,854	57		Hint: See Preparer page for link to NJ Municipality Codes
15	Note 12	NJ 1040 Pg 2 NJ Dep Wkt	Dependent’s information	60,720	3,656	47,854	57		Hint: Need to make changes on NJ Dep Wkt
16	Note 10	NJ 1040 Pg 2	Gubernatorial Elections Fund	60,720	3,656	47,854	57
17	Note 16		Line 30 Medical	60,720	3,656	47,854	57		BP: Wait until later to adjust line 30
18	Note 14	NJ 1040 Pg 3	Line 45 Use Tax	60,720	3,656	47,854	57
19	Note 13	NJ 1040 Pg 3	Worksheet F Rent	60,720	3,656	47,854	107
20	Note 15	NJ DD Wkt	Still red – resolve	60,720	3,656	47,854	107
21	Note 9	NJ IRA Wkt	Still red – resolve	60,720	3,656	50,914	47		Note: TP having records is very rare
22		Diagnostics		60,720	3,656	50,914	47		No errors – ready to do education comparison
23a		1040 Wkt2	Test education as AGI deduction	56,720	4,256	50,914	47		Testing only
23b		8863 Pg 2	Test education as Lifetime Learning credit	60,720	3,833	50,914	47		Testing only Hint: May need to add 8863 Pg 2 Q: Why is result better with AGI deduction than with Lifetime Learning credit
23c	1098-T Note 7	8863 Pg 2 Scratch Pad	UNIVERSITY OF COLUMBUS	60,720	6,156	50,914	47	G-3 5-4 13-1	Hint: Re-use 8863 Pg 2 from above (after removing Lifetime Learning entry) BP: Use Scratch Pad to document calculation from 1098-T
24		Diagnostics		60,720	6,156	50,914	47		No errors – ready to do NJ after-tax insurance
25	Note 16	NJ 1040 Pg 2 Scratch Pad	NJ after-tax insurance	60,720	6,156	50,254	63		No errors
26		Diagnostics		60,720	6,156	50,254	63		No errors
27		Create e-file		60,720	6,156	50,254	63
28				60,720	6,156	50,254	63		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

Scenario Writeup – click here