PRO-P3 – Fleming Refund Monitor

Filing Status: Head of Household

11-29-2013 TY2012 v1.0-1

Step	TP Form/ Note(s)	TW Form	Payer/Name	Fed 37 AGI	Fed 74/76 Refund	NJ 38 Taxable	NJ 56/66 Refund	4012 page 2012	Notes
0	Intake etc. Notes Forms		Correct entries on page 2 Fill in page 4, Section B					p 11	To Do: Make corrections on page 2 and fill in section B on paper copy for discussion with Mentor
1	Intake etc. Note 4 Note 10 Note 11 Note 12	Main Info Prep Use						B-1 G-1 1-8	Hint: Use 4012 to find Filing Status
2	W-2	W2	Oakwood World-Herald	14,598	7,238	11,098	1,622	2-3
3	W-2 Note 3	W2 4731 TP NJ 2450 Scratch Pad	Butler, Inc.	17,380	7,387	13,880	1,835	2-3	BP: Use Type NJSDIPP for Private Plan disability Check: Sch A, line 5a should be 906 at this point… BP: Fill out 4137 now for unreported tips BP: Add Scratch Pad to NJ 2450 now for DI PP Check: NJ 1040, line 53 should be 24 at this point…
4	1099-INT	Interest Stmt	Parks National Bank	17,797	7,302	14,297	1,818	2-5
5	1099-R Note 6	1099R	Northern Financial Services	22,797	6,000	14,297	1,608	2-17 6-4
6	1099-R	1099R	Tri-State Publishers	28,197	4,322	14,297	1,380	2-17	Hint: Code 3 is disability (Where would you look to find this out? Hint: Use context sensitive help on “Check if disability…” box
7	1099-MISC Note 1 Note 2 Note 14	Sch C Pg 1 Sch C Pg 2 1099 MISC	Wright Publishing etc.	34,933	1,025	21,545	789	2-8	Hint: Link to add 1099 Misc from line 1 of Sch C Pg1 Hint: Enter WP Course on Sch C for now – we’ll deal with Note 14 later
8	1099-G	1099G Wkt	NJ Department of Labor	36,278	674	21,545	732		Q: Why does NJ refund go down even though NJ line 38 does not change?
9	Note 4	1040 Pg 1	Alimony	38,678	(192)	23,945	589	E-3	Hint: Don’t worry about line 10 question now
10	Note 5	Interest Stmt	Global Investment Service	38,678	(192)	23,945	589	2-5
11	Note 11 Note 13	2441 Pg 1	Salem Day Care Center Edna Loy	38,678	312	23,945	589	5-3 G-1	Hint: Do not enter dash for provider EIN/SSN
12	Note 8	1040 Pg 1 St Tax Refund	Still red – resolve	38,753	276	23,945	585		Hint: Worry about line 10 question now
13		Sch EIC Wkt	Still red – resolve	38,753	276	23,945	585	6-5	Hint: Answer questions in order and only if red
14		Diagnostics		38,753	276	23,945	585		No Errors – ready for NJ return
15	Note 15	NJ 1040 Pg1		38,753	276	23,945	585		Hint: Use NJ Special Handling
16	Note 17	NJ 1040 Pg 2	Dependents – Health Ins	38,753	276	23,945	585
17	Note 4	NJ Dep Wkt	Need to manually add James	38,753	276	23,945	585		Have EIC qualifying child with code 0 on Main Info - See NJ Special Handling
18	Note 7	NJ 1040 Pg 2	Gubernatorial	38,753	276	23,945	585
19	Note 16	NJ 1040 Pg 3	Line 45 – Use Tax	38,753	276	23,945	585
20	Note 15	NJ 1040 Pg 3	Worksheet F - Rent	38,753	276	23,945	635
21	Note 9	NJ DD Wkt	Still red – resolve	38,753	276	23,945	635
22	Note 6	NJ IRA Wkt	Still red – resolve	38,753	276	23,945	635		Hint: ok if worksheet left red (after filling in Copy # box)
23		Diagnostics		38,753	276	23,945	635		No errors – ready to do education comparison
24a	Note 2 Note 14	1040 Wkt2	Test WP Course as AGI deduction	38,712	223	24,520	627		Result: Federal refund worse by $53 and NJ refund worse by $8 Q: Why does AGI change?
24b	Note 2 Note 14	8863	Test WP Course as Lifetime Learning	39.287	118	24,520	604		Result: Federal refund worse by $158 and NJ refund worse by $31
25		Diagnostics		38,753	276	23,945	635		No errors
26		Create e-file		38,753	276	23,945	635
27				38,753	276	23,945	635		Ask your 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