● Computation Changes● Navigation Changes● Appearance Changes● Capacity and Customer Service
Changes
Presenter
Presentation Notes
Administration/Site Set Up/E-filing Changes: Training materials for any Administration/Site Set UP/E-filing changes will be developed by the National Technology Committee.
Computation Changes
NTTC Training – TY20174
● Added Section IX – Form 5329 –Failure to take RMD – Waiver of Penalty –2016 and 2017
● Reinstated Refund/Balance Due Monitor – 2016 and 2017
● Fixed Medicaid Waiver Payment –2016 and 2017
Presenter
Presentation Notes
Form 5329 – RMD Penalty: See screen shots on next two slides. Fixed for both 2016 and 2017 Refund Monitor: Fixed for both 2016 and 2017 Medicaid Waiver Payment : If spouse received Medicaid waiver payment, TaxSlayer was reducing the TP's earned income. Fixed for both 2016 and 2017.
Form 5329 Waiver
NTTC Training – TY20175
Presenter
Presentation Notes
Once you check the “Check here to claim a waiver” box, the Waiver for additional tax and explanation for waiver boxes will appear.
Form 5329 Waiver
NTTC Training – TY20176
Presenter
Presentation Notes
Information will flow from 5329 input screen to Section IX of Form 5329 and create a supporting statement that will be sent electronically with the return.
Computation Changes
NTTC Training – TY20177
● Fixed Dependent Day Care benefits treated as wages – 2016 and 2017
● Using form finder to enter Alimony received saves entries – 2016 and 2017
● Printed Form 8843 has information in correct lines – 2016 and 2017
Presenter
Presentation Notes
Dependent Day Care: TaxSlayer was adding to line 7 of Form 1040 Dependent Care benefits in excess of $5000 reported in W2 box 10. Fixed for both 2016 and 2017.
Computation Changes
NTTC Training – TY20178
● W-2 box 12 code H elective deferral –flows to Form 1040 line 36 – 2017
● Premiums from SSA-1099 included on summary sheet in QR print set – 2017
● Cross-site carryforward for Tax-Aide sites only – 2017
Presenter
Presentation Notes
W-2, Code H in box 12: Code H is for elective deferrals to a section 501(c)(18)(D) tax-exempt organization plan. Software will automatically make the necessary adjustment to income by placing the retirement contribution on line 36 of 1040. 2017 only. Ins Premiums – SSA-1099: Will now be included on summary sheet in QR print set. 2017 only. Cross-Site Carry Forward 2018 Filing Season (Tax Year) 2017). Returning Tax-Aide sites that used TaxSlayer in filing season 2017 will have carryforward data based on the returns prepared. This feature will be available across ALL still active Tax-Aide sites. TaxSlayer will alert the preparer that a return was created last year for the primary taxpayer and that carry forward data is available. The data that will be carried forward is shown on the next two slides.
Computation Changes
NTTC Training – TY20179
● Carryforward data includes:1. Taxpayer’s/Spouse’s name, filing status,
SSN/ITIN, dob and phone #2. W-2, 1099-R EIN, 3. Schedule D (Capital loss carryforward)4. Schedule C name, business code and
description5. Schedule K-1 payer information
Computation Changes
NTTC Training – TY201710
6. Child care providers with dependents claimed
7. Banking information for direct deposit8. Schedule B financial institution information
Form 1099-INT/DIV9. State and local refund worksheet
● Counselor can choose which, if any, items to carryforward
Carryforward Consent – 2018 Filing Season
NTTC Training – TY201711
● All taxpayers must agree to or deny cross-site carryforward for 2019 filing season in 2018− Consent form will be in e-file section− 2017 return cannot be e-filed unless consent
form is completed● Consent applies across all VITA/TCE sites –
no special Tax-Aide provisions for 2019 tax season
TaxSlayer Carryforward: Normal – Extended – GlobalNormal Carryforward
• When: 2018 Filing Season* and future seasons
• What: Carryforward from prior-year returns prepared at the SAMETax-Aide site
• How: Counselor automatically given option to use some or all of data.
Extended Carryforward
• When: 2018 Filing Season ONLY
• What: Carryforward from a Tax Year 2016 return prepared at ANY still active Tax-Aide site.
• How: Counselor automatically given option to use some or all of data. The IRS is giving Tax-Aide a one-year exception allowing carryforward from ANYstill active Tax-Aide site. During Filing Season 2018, Tax-Aide will implement consent questions for Global Carryforward.
Global Carryforward
• When: 2019 Filing Season and future seasons
• What: Carryforward from ANY still active VITA/TCE site (including Tax-Aide sites) if taxpayer consented in prior year.
• How: Counselors will need to ask for consent** each filing season starting in Filing Season 2018.Denying permission will not impact e-filing that year or normal carryforward at the SAME site in following year.
Presenter
Presentation Notes
* Filing season, aka tax season = the ~February – April period when most tax returns are prepared, e.g., filing season 2018 is ~Feb 1 – Apr 17, 2018.�** Tax year = the calendar year for the tax return, e.g., tax year 2017 (TY17) is the tax return for 2017 that is due by April 17, 2018
Computation Changes
NTTC Training – TY201713
● Continue button saves information entered on state entry pages – 2017
● Field validations added to state entry pages – 2017
● Edit state return with 1040NR – 2017
Presenter
Presentation Notes
Continue button: Selecting the continue button on the state screens will post data on each page. This will give the preparer the confidence that the data entered is saved. Field validations: Field level validation will occur on each page of the state return. The corrections to the validation errors will mimic the federal program making the state entry more streamlined 1040NR: Previously, if a return contained a form 1040NR, the preparer was unable to edit the state return. There are situations where the site needs to make additions or subtractions to the state return.
Computation Changes
NTTC Training – TY201714
● Age of taxpayer and dependent(s) added to Client Form Listing Summary – 2017
● Direct Debit Information added to Client Form Listing Summary – 2017
Presenter
Presentation Notes
Age: Age of taxpayer and dependents as of end of tax year will be added to the Client Form Summary Page of the QR print set. 2017. Direct Debit Information: Previously, the direct debit information was not included in the print package. For 2017, the RTN, account number, amount and date of debit will be included in the print set.
Computation Changes
NTTC Training – TY201715
Computation Changes
NTTC Training – TY201716
● Assign ownership – TP/SP/JT – to all income items – 2017
● Sale of Primary Residence within two years of date of death of spouse – full $500,000 exclusion allowed – 2017
Presenter
Presentation Notes
Assign Ownership: Should help when preparing state returns. See TaxSlayer Sneak Peak blog entry dated 31 October for screen shots of ownership entry screens for Capital Gains and Schedule E.
Computation Changes
NTTC Training – TY201717
Comments…
Questions?
Navigation Changes
NTTC Training – TY201718
● Due diligence questions have been eliminated.
● Questions to determine EITC eligibility located in basic information section
● Form 8888 – “Pull Refund” enters full amount of refund in first bank field –2016 and 2017
Presenter
Presentation Notes
Due Diligence: Eliminated due diligence questions. EITC Eligibility Questions: See next slide. Form 8888: If Form 8888 is offered by site, but taxpayer has elected not to split refund, for 2016 preparer was required to key the refund amount in if they were not wanting to split their refund or purchase savings bonds. With change, amount will be entered automatically once the preparer selects “pull refund”. If volunteer has completed the Form 8888 and the amount of refund changes due to a change in the return (eg additional dividend income increases taxable income and decreases refund), the program will give you a warning that the amount entered into the Form 8888 does not match the new refund amount. The Form must be revised in order to e-file the return. Fixed for both 2016 and 2017.
Navigation Changes
NTTC Training – TY201719
Former Federal ReturnTypes (Refund)● Electronic Mailed● Direct Deposit● Paper Return With
Direct Deposit● Paper Return
Revised Federal Return Types (Refund)● E-File: Paper Check● E-file: Direct Deposit● Paper Return with
Direct Deposit● Paper Return
NTTC Training – TY201720
Navigation Changes
Former Federal Return Types (Balance Due)● Mail Payment● Direct Debit● Paper Return with
Direct Debit● Paper Return
Revised Federal Return Types (Balance Due)● E-file: Mail Payment● E-file: Direct Debit● Paper Return
NTTC Training – TY201721
Navigation Changes
Navigation Changes
NTTC Training – TY201722
● No 8888 – initial input of routing and bank account numbers masked – 2016 and 2017
● Verification Codes included on W-2 entry screen – 2016 and 2017
● Tax year indicator added to header menu inside return – 2016 and 2017
Presenter
Presentation Notes
No 8888 Direct Deposit Information: Administrator for site has not checked the Form 8888 box when setting up site. For 2016, initial input of RNT and bank account number was not masked which could lead to the incorrect numbers entered twice. For 2016 and 2017 initial input will be masked. Also expanded routing number field so you do not have to scroll 2016 and 2017 Verification Code: For 2016 was not able to enter a verification code on a W-2. This has been corrected for 2017 Tax Year Indicator: 2017
Navigation Changes
NTTC Training – TY201723
● Modified left navigation bar – 2016 and 2017
● Preparer can check status of return from left navigation bar while in another return – 2016 and 2017
● Able to enter free form Box 14 entries on a W-2 – 2017
Presenter
Presentation Notes
Modified Left Navigation bar: For 2017 left navigation bar will have a more streamlined look. Added the ability to collapse the menu for more on screen real estate. Added the menu items found in the federal section to the left navigation bar. See next slide for example of this new feature. Preparer can check status of return: Currently, if the preparer wants to check the status of another return they must log out of the return they are in. This new feature will prevent the preparer from having to close their existing return to answer a quick status question about another return. W-2 Box 14 Entries: Preparer can now enter information in Box 14 of Form W-2. This is in addition to the drop down list already available. Available for 2017.
Navigation Changes
NTTC Training – TY201724
Presenter
Presentation Notes
Can expand various sections such as Federal Section.
Navigation Changes
NTTC Training – TY201725
● EIN field for substitute Forms W-2 and 1099-R now optional – 2016 and 2017
● Prior year validation errors now visible – 2017
● Able to select tax year from a drop down window – 2016 and 2017
Presenter
Presentation Notes
Substitute Form W-2 and 1099R: Was a required field. Optional for both 2016 and 2017. Prior Year Validation Errors: Previously prior year returns (e g 2015), remained in transmission status but nothing was shown in validation to explain why the return had not been accepted. In order to determine why the return had not been accepted it was necessary to either call or e-mail TaxSlayer support. For 2017, the new rejected client list will contain the validation error for all prior years. Selection of Tax Year: Previously, preparer would select tax year from a menu line on the welcome page. Revised to allow preparer to select tax year from a drop down window in the upper right hand corner of the welcome page. See next 2 slides for screen shots. 2016 and 2017.
Navigation Changes
NTTC Training – TY201726
● Prior method of selecting tax year.
Navigation Changes
NTTC Training – TY201727
Presenter
Presentation Notes
New method of selecting tax year: Select Tax Year. See next slide for screen shot of how tax year is now displayed. 2016 and 2017 New method of signing out of TaxSlayer: To sign out of return from this screen, you must now select the universal symbol for signing out. This symbol also appears on all screens. 2016 and 2017
Navigation Changes
NTTC Training – TY201728
Presenter
Presentation Notes
Tax Year Display: Once you select tax year it will display in upper left hand corner of Welcome Screen. 2016 and 2017 New Sign out Symbol on e-file screens: See next slide for example of new sign out symbol on e-file screens. 2016 and 2017
Navigation Changes
NTTC Training – TY201729
Presenter
Presentation Notes
Logging out of return from e-file screens: There are two methods you can use to log out of the return from any of the e-file screens. You can select the new universal symbol located at the top of the screen next to the Change Tax Year drop down box. Or you can select “Main Menu” at the top of the left navigation bar. If you select the universal symbol, you will land back at the log in screen and will have to log back into your site. If you select “Main Menu” you will land at the Welcome screen for your site and you will not have to log back in. 2016 and 2017
Navigation Changes
NTTC Training – TY201730
Presenter
Presentation Notes
Logging Out of Preparation Screens: From all preparation screens, (those screens that contain the refund/balance due monitor), there are 3 methods of logging out of return, all of which will take you back to the welcome page: Save and exit return from the left navigation menu, save and exit return from the drop down box under taxpayer’s name, and, select the universal symbol in the upper right hand corner of the screen.
Navigation Changes
NTTC Training – TY201731
● Menus that are year specific:1. Start New Return2. Client Search3. Review Returns4. Reports5. Transmissions
Presenter
Presentation Notes
For 2017, the menus shown above will be “year” specific (based on the security template assigned to your username.
Navigation Changes
NTTC Training – TY201732
● Paper as a return status is available when:
1. Federal return type is changed to paper for a return previously rejected
2. Paper is selected as return type and return is marked as “Complete” – 2016 and 2017
Presenter
Presentation Notes
Paper is now a valid status that can be used as a filter option. The status is calculated and changed when one of the two conditions shown above takes place.
Navigation Changes
NTTC Training – TY201733
● Security code removed from Login Page and Office Setup – 2017
● Security Question and Answer removed from Preparer Setup Menu –2017
Presenter
Presentation Notes
The security code will be removed from the login page and office set up for 2017. Not necessary as the result of added security from MFA. The security Question and Answer will be removed from the Preparer(s) Setup Menu because the user will be required to authenticate when they use the “Forgot Password” feature. 2017
Navigation Changes
NTTC Training – TY201734
● 15 view “print” pages are available in the practice lab − Ability to view specific forms without
having to render PDF for entire return− When preparer selects Continue after
completing form, a print icon will be available for that form
Presenter
Presentation Notes
Print Pages Available: The 15 pages are included in the 2017 practice lab. The Print pages will include Schedules A, B, C, D, R, W-7 and forms 1116, 2441, 5329, 5405, 8606, 8863, 8880, 8962, and 8965 . See the next slide for examples.
● Print form from Income Page
● And from Deductions > Adjustments page and Deductions > Credits page and Miscellaneous Forms page
Navigation Changes
NTTC Training – TY201735
Navigation Changes
NTTC Training – TY201736
● Last checkpoint button added to Summary/Print page – 2016 and 2017
Presenter
Presentation Notes
This feature will take the user back to the last form that was accessed before coming to the Summary/Print page.
Navigation Changes
NTTC Training – TY201737
Navigation Changes
NTTC Training – TY201738
Comments…
Questions?
Appearance Changes
NTTC Training – TY201739
● Summary Pages – fresher –easier to read – 2016 and 2017
● Universal symbol for edit and delete icons – 2016 and 2017
● Color of Practice Lab – 2017
Presenter
Presentation Notes
All 2017
Appearance Changes
NTTC Training – TY201740
● Thicker font – 2017● Bold titles – 2017● More contrast between background
and text – 2017
Presenter
Presentation Notes
2017
Appearance Changes
NTTC Training – TY201741
● Left align fields on forms – 2017● Return prep screens modified to
match Welcome page and E-files screens – 2016 and 2017
Appearance Changes
NTTC Training – TY201742
Appearance Changes
NTTC Training – TY201743
Comments…
Questions?
Capacity Changes
NTTC Training – TY201744
● Increased print servers from 2 to 6● Increased calculation servers from 16
up to 64 depending on demand
Customer Service Changes
NTTC Training – TY201745
● Each contact to support staff assigned a case number – 2016 and 2017
● Dedicated team to monitor and mentor staff – 2016 and 2017
● Adopted new email system for a more streamlined process – 2016 and 2017
