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References:AARP NTTC 2010
2011 PUB 4012 TAB 12, p. 12-8Form 13614-C Section C, p. 4
2010 CASH Training Manual p. 100
It’s the (IRS) law!
It Reduces HeadachesFor Your LC and ERO
It Can Make Your Clients Richer.
It Makes You Look Good!
Your Thoughts
Another Counselor Verifying What Has Been Done
Finding Errors
Incorrect entries
Wrong/Missing forms
Omissions
Check for red marks in the Forms “tree.”
Check the Diagnostics
Check the Three Year Summary
Shows which required forms were omitted or not completed. Caution!
Locates errors and inconsistencies.
Do this year’s numbers differ greatly from last year’s? Is there a logical reason?
The Intake Sheet Verify the info from p. 1 names, SS#’s, b’dates, relationships, filing status, dependents
Use p. 2 to profile the client – schedules req, credits to be received, paperwork to expect, need to itemize
Verify numbers from client paperwork.
W-2’s
1099’s (R, DIV, INT,
MISC, B)
1098’s
Personal records
and lots more
Preparer Use Fields
Quarterly Estimated Payments
Adjustments and credits
Refund/balance due
Preparer and QR initials entered
Amounts entered on page 2 of 1040
Have they been received if entitled?
Does it seem reasonable?
Paper Return?
1099 MISC
Itemized Deductions
Is there anything that will prohibit electronic filing?
Has income been entered on proper line? Line 21 or Schedule C? Is it earned income?
Has Schedule A been used or at least considered?
Direct Deposit
Page 4 of Intake Sheet
Has it been offered and are the num-bers correct?
Provides a conven-ient checklist of items to verify
It’s Your Turn Using the Intake Packet and the completed 1040 return, do a limited Quality Review.
Find all the errors you can identify based on the info provided.
Line 7 1,415 10 637
12 62,130 15b 9,800 20 a 16,200 20 b 16,200 22 90,182
37 90,182
38 90,282 51 1,00040 8,752 54 1,00041 81,530 55 9,91942 7,300 60 9,91943 74,230 61 2,50044 10,919 72 2,50046 10,919 73 7,419 74 7,419
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