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