Creating a New Return - Cal State LA | We Are LA
Please go to:
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Always DOUBLE CHECK the link:
-You should ALWAYS login to .
This is the training site and is used for practicing MOCK tax returns.
-You should NEVER login to .
This site is used for preparing ACTUAL tax returns.
First Time Login Procedures:
1.Client ID: 914317
2.User Name: Will be provided to you
3.Password: Enter your user name in the password field. This field is case-sensitive.
4.Click Log In.
*You will be prompted to create a new password and to select and answer a secret question.
What are the password rules?
•Must be at least 8 characters in length.
•Must not exceed 100 characters.
•Must contain at least one number.
•The password is case-sensitive. If you create the password with certain letters capitalized, you must always type them that way.
•Cannot contain the user name.
•Cannot be any of the 10 previous passwords.
•Must be unique to the Client ID. So, no two users associated with your office can have the same password.
•Expire every 90 days. You will be prompted to create a new password.
Following the Basic Steps below in preparing a MOCK tax returns
Creating a New Return
To start a new return, use the following steps:
1. Click on the New Return icon on the toolbar and the following dialog box is displayed:
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2. Enter the taxpayer’s SSN in the Social Security Number box.
3. Social Security Numbers (SSN) must begin with three unique digits, followed by the electronic filing identification number (EFIN) : 952472. Three first digits should not start with 0, 1 or 9. Furthermore, do not use the series of the same numbers like 222, 333, …, 888. Employer identification numbers (EIN) must begin with three unique digits provided to you as three first number of the SSN on the intake sheet, followed by the electronic filing identification number (EFIN) : 952472.
4. Re-key the taxpayer’s SSN in the Confirm Social Security Number box.
If the SSN is already in use, TWO displays the following:
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If the SSN does not match, TWO displays the following:
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The TaxWise® Online Interview
The TaxWise® Online Interview allows you to gather information that determines which tax forms must be included in each return. Based on the answers to the questions, the program will load needed tax forms and will determine when some additional information is needed.
Many questions require the user to make decisions using information already collected from the client through the Intake and Interview Process.
For example, after collecting necessary information from Form 13614-C, Intake/Interview &Quality Review Sheet and properly applying the tax law, you should choose your client’s filing status.
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Select the filing status for your client and click Next to continue or Previous to go back one
page.
• On each page you have the options of Next to continue or Previous to go back one page.
• The Help Me button displays a PDF of Publication 17, Filing Status Decision Tree.
Remember, information input into the interview screens flows through to all applicable tax
forms. For example, after you input the client’s social security number into this interview screen, TWO will automatically input the number into all necessary forms. [pic]
Some interview screens have preset answers that may need to be changed. For example, if
this customer were permanently disabled, you would need to select the Yes option.
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Some interview screens have questions that require additional information. For example,
answering Yes to this question about dependents causes a new screen to appear asking for
more information about the dependent(s).
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This screen requires you to click an Edit button and input additional information about each
dependent.
Clicking the Edit button causes this screen to appear. After collecting the Intake and Interview information from the client, it is imperative that you input all the required information. correctly.[pic]
For example, the “Check if this child qualifies for EIC” box should be checked only after
carefully reviewing the applicable tax laws.
Do not forget to click the Save button after you enter all information about the dependent.
Complete the remaining interview questions.
After completing all interview screens, finish preparing the return by inputting any additional
information directly into the tax return. Your screen will look something like the following:
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Remember, by using the interview process, you have input the majority of the information
needed to finish the return. You will need only to address issues that the software needs that
were not covered in the interview process.
Color coding: • Red underline—estimated entry/required
• Yellow underline—Calculated • Press TAB to navigate through screens
• Click Edit to enter Dependent Information • Black underline—direct input
• Blue underline—Overridden
The TaxWise® Online Tax Forms
Go to Tax Forms allows the preparer to complete the tax return using the forms-based method. This option is very similar to TaxWise® Desktop. Preparers complete the Main Information Sheet, open Form 1040, page 1, and add the appropriate forms as they go down Form 1040. The Forms Tree to the left of the return shows all the forms that are currently loaded for the active return. The icons next to the forms indicate whether a form has been loaded, is complete, needs completion, or is not used.
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The Refund Monitor, shown to the left of the return, displays the current AGI and the refund
amount or balance due for the active return. These figures change as return data is added.
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The Refund Monitor can be hidden from display by clicking the Show/Hide Details button:
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TaxWise®Online Toolbar Icons
The following illustration shows the available toolbar icons when completing a return:
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Adding Forms to a Return
There are two ways to Add a Form to the active tax return:
• From the Loaded Forms tree, click the Add a Form icon, or
• Select the Forms List icon.
The following illustration shows the Add a Form window for “Show All Forms”:
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• Enter the Form Name, Form Number, or part of the form description in the
Search For box:
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• Select Go to search the Forms list.
• Select Clear to remove your search criteria.
• Click the Add link next to the appropriate form.
Additional Dependent Worksheet
If there are more than four dependents to list, enter the first four dependents on the Main
Information and the remaining dependents on the Additional Dependent Statement by linking
from the first dependent on page 1 of Form 1040.
• Nondependents must be listed on the Main Information Sheet—they cannot be listed on
the statement.
• Children who are qualifying children for EIC or Dependent Care must be listed on the
Main Information Sheet.
1. Click on the first name in the list.
2. Click on the Link icon.
The following illustration shows the Entry Links window:
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• Click on the New tab.
• The Entry Links window defaults to Existing forms.
• Click on the Add icon next to “Addl Deps – Form 1040 Line 6c”
The following illustration shows the Additional Dependent Worksheet:
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Note: There is no column for Dependent Care or Earned Income Credit.
Entering the W-2
1. Open the W-2.
2. Select Taxpayer or Spouse.
If the address on the W-2 is different from the address on the main information sheet:
1. Select Check and make changes.
The following illustration shows the W-2 when Check and make changes has been selected:
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Type the information as it appears on the W-2 in the address section. Do not enter punctuation in the address line.
The second address line is for foreign addresses only.
Turning the calculations off:
• Select Check to take calculations off of lines 3, 4, 5, and 6.
• Select Check to take calculations off of line 16, state wages.
The following illustration shows the W-2 when calculations have been turned off.
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• Enter the appropriate wages and withholding in the fields with blue underlines.
• Do not override and enter wages directly without checking the boxes to remove
calculations.
Running Diagnostics and Creating an Electronic File
• Select the Run Diagnostics icon for the active return.
• The following illustration shows the diagnostics details:
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• Correct all e-file errors.
• Select the Run Diagnostics icon again.
SIMPLE PRACTICE RETURN
CLARK Return
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• Windsor Clark, a supervisor, was born on 12/30/1971.
• Teena Stephens, a teacher, was born on 12/14/1973.
• Windsor and Teena were married on June 9, 2010.
• They live at 11093 Brandon Way, Los Angeles, CA
• Their day-time phone number is XXX-XXX-XXXX.
• Windsor has one daughter from his previous marriage. Windsor’s daughter, Tori, lived with him for the entire year, and Windsor provided all her support. Tori was born on 2/10/98.
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