TY2010 Fam05 – McCook

Filing Status: Married Filing Jointly

09-17-2011 v3-1

 

Process

Step

TP Form/
Note(s)

TW Form

Payee/Name

AGI

Refund

NJ
37

NJ
55/65

Notes

Main Info

1

Intake etc.
Note 1
Note 3
Note 4

Main Info

 

 

 

 

 

Hint: Do not enter spouse last name if same as primary TP

Hint: Presidential Election Campaign boxes are right before Filing Status and Exemptions

Documents

2

1099-DIV

Dividend Stmt

Oppenheimer Fund

600

50

 

 

Hint: Dividend Stmt worksheet is under Sch B in tree

 

3

1099-R

1099R

Phoenix Investment Partners

12,850

1,275

 

 

Hint: 1099R worksheet is about half-way down the tree

 

4

1099-R

1099R

Ameritech Pension Fund

26,073

2,140

 

 

Hint: To get second 1099R worksheet, hover over existing 1099R in tree and click on “+”

 

5

SSA-1099

1040 Wkt1

Social Security (TP)

26,301

3,392

 

 

Hint 1040 Wkt1 is close to top of tree

Hint: Round --.50 up

 

6

SSA-1099

1040-Wkt1

Social Security (SP)

28,851

4,157

 

 

 

Remove Red
(Fed only)

7

Note 2

1040 Pg1

 

28,851

4,157

 

 

 

Run Diagnostics

8

 

Diagnostics

 

28,851

4,157

 

 

Errors: None

NJ 1040

9

Note 8

NJ 1040 Pg1

 

28,851

4,157

0

0

 

 

10

Note 3
Note 4
Note 9

NJ 1040 Pg3

 

28,851

4,157

0

0

Hint: Use ctrl-Space to remove red from box on line 44

 

11

Note 5

NJ 1040 Pg4

Rent

28,851

4,157

0

50

Hint: Rent goes on Worksheet F

Remove Red

12

Note 6
Check

Main Info
1040 Pg2
NJ DD Wkt

 

28,851

4,157

0

50

Hint: Input federal DD info first, then can just click “Check here if you had a federal refund…” on NJ DD Wkt

Hint: Must type RTN and Acct #s on both Main Info and 1040 Pg2

 

13

Note 10

NJ IRA Wkt

Ameritch Pension Fund

28,851

4,157

0

50

Hint: Enter “1” in red box for “Enter the copy number of the IRA…”

Hint: Use ctrl-Space to remove red from Part I line 4a and Part II line 2

Run Diagnostics

14

 

Diagnostics

 

28,851

4,157

0

50

 Errors: None

Quality Review

15

 

 

 

28,851

4,157

0

50

Ask your coach to do QR

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

 

Scenario Writeup – click here

 

Printable version of this page – click here