2016 Pub 4012 Index

Pub 4012 for other years: 2013, 2014, 2015, 2016


2015 Pub 4012

Introduction

Volunteer Standards of Conduct
Director’s Letter
Quality Updates for 2016
How to Use This Guide
Scope of Service
Quality Site Requirements

2016

Tab NEW: What’s New – Important Changes for 2016

AARP Changes to IRS version of Pub 4012 (included in sections below)

Tax Law Using TaxWise

Tab A: Who Must File

Chart A – For Most People Who Must File
Chart B – For Children and Other Dependents
Chart C – Other Situations When You Must File
Chart D – Who Should File

Tab B: Filing Status

Determination of Filing Status – Decision Tree
Interview Tips – Filing Status
Tip – Who is a qualifying Person Qualifying You…
….to File as Head of Household
Cost of Keeping Up a Home

Tab L: Resident/NR Alien

Resident or Nonresident Alien Decision Tree
Electronic Filing of Returns with Valid ITIN
Creating a Temporary ITIN when the Spouse and/or…
…Dependent(s) are Applying for an ITIN
Starting a Return for a Primary Taxpayer who…
…Does NOT Already Have an ITIN

Tab C: Exemptions/Dependency

Tip – Exemptions
Interview Tips – Personal Exemptions
Tip – Overview of the Rules for Claiming an Exemption for a Dependent
Tip – Qualifying Child of More Than One Person
Interview Tips – Table 1: Dependency Exemption
Interview Tips – Table 2: Dependentcy Exemption for Qualifying Relative
Interview Tips – Table 3: Children of Divorced or Separated Parents or Parents Who Live Apart
Worksheet for Determining Support

Tab D: Income

Tip – Income Quick Reference Guide
Tip – Armed Forces Gross Income
TaxSlayer Entries
How/Where to Enter Income
Form W-2 Instructions
State and Local Refund Worksheet
Interest and Dividend Income
Tax Exemkpt Interest
Enter your Dividend Income (Form 1099-DIV)
Schedule B Other Interest
IRA/Pension Distributions (Form 1099-R, Form SSA-10)
Form 1099-R
Form 1099-R Simplified Method
Form 1099-R Rollovers
Form 1099-R Roth IRA
Form 1099-R Box 7 Distribution Codes
Form 1099-R Nontaxable Income
Form RRB-1099-R Distributions
Form SSA-1099 Distributions
Form SSA-1099 Lump-Sum Distributions
Schedule C or C-EZ Self-Employment Income
Schedule C or C-EZ Form 1099-MISC
Schedule C Menu
Schedule C or C-EZ Questions About Your Business
Schedule C or C-EZ General Expenses
Schedule C or C-EZ Car and Truck Expenses
Schedule D – Capital Gains
Entering Capital Gains and Losses
Adjustments to Basis in TaxSlayer – TY2016
Capital Gains or Losses Sale of Main Home
Other Income
Entering Other Compensation in TaxSlayer
Publication 4731 – Screening Sheet for Nonbusiness Credit Card Debt Cancellation
Insolvency Determination Worksheet
Entering Cancellation of Debt in TaxSlayer
Discharge of Qualified Principal Residence Indebtedness
Publication 4731A – Screening Sheet for Foreclosures/Abandonments and Cancellation of Debt
Entering Forgiveness of Qualified Principal Residence Indebtedness
Schedule K-1 Information in TaxSlayer
Entering Foreign Earned Income Exclusion Information in TaxSlayer (International Certification only)

Tab E: Adjustments

Adjustments to Income
Educator Expenses
Health Saving Account (HSA) Helpful Hints
Publication 4885 – Screening for Health Savings Accounts (HSA)
Tip – Alimony Requirements (Instruments Executed After 1984)
IRA Deduction
Tip – Overview Student Loan Interest at a Glance

Tab F: Deductions

Tip – Exhibit 1 – Standard Deduction for Most People
Tip – Person Not Eligible for the Standard Deduction
Tip – Standard Deduction Chart for People Born Before January 2, 1950 or Who Are Blind
Interview Tips – Itemized Deductions
Schedule A – Itemized Deductions
Tip – Travel Expenses
Tip – Deductible Entertainment Expenses
Tip – 50% Limit
Tip – Deductible Transportation Expenses
Tip – Recordkeeping

Tab G: Nonrefundable Credits

Nonrefundable Credits
Form 1116 – Foreign Tax Credit
Tip – Child and Dependent Care Credit Expenses
Credit for Child &Amp; Dependent Care Expenses – Decision Tree
Form 2441 – Child and Dependent Care Expenses
Retirement Savings Contributions Credit – Decision Tree
Tip – Child Tax Credit
Tip – Additional Child Tax Credit – General Eligibility
Interview Tip – Child Tax Credit
Residential Energy Credits
Credit for the Elderly or the Disabled – Decision Tree

Tab H: Other Taxes and Payments

Other taxes and Payments
Payments and Estimates

Tab I: Earned Income Credit

Tip – Earned Income Table
Tip – Common IEC Filing Errors
Tip – Summary of EIC Eligibility Requirements
Tip – Disallowance of the Earned Income Credit
Interview Tips – EIC General Eligibility Rules
Interview Tips – EIC with a Qualifying Child
Interview Tips – EIC without a Qualifying Child
Tip – Qualifying Child of More than One Person
Schedule EIC Checklist

Tab ACA: Affordable Care Act

TaxSlayer Health Insurance Introduction
Types of Minimum Essential Coverage
Exemptions Overview
Types of Coverage Exemptions
Exemptions – Form 8965 Part II
2016 Federal Tax Filing Requirement Thresholds Dependents
Exemptions – Form 8965 Part III
Marketplace Coverage Affordability Worksheet
Federal Poverty Lines
Shared Responsibility Payment
Premium Tax Credit – Form 1095-A Overview
Premium Tax Credit – Form 8962
Premium Tax Credit – Special Situations
Premium Tax Credit – Handling Large APTC Repayments
Allocation of Shared Policy Amounts
Alternative Calculation for Year of Marriage

Tab J: Education Benefits

Tax Treatment of Scholarship and Fellowship Payments
Education Expenses
Worksheet 1-1 Taxable Scholarship and Fellowship Income
Highlights of Education Tax Benefits for Tax Year 2016
Tuition and Fees Deduction at a Glance
Tip – Education Credits
Determining Qualified Education Expenses
Entering Education Benefits
Tip – Student Under Age 24 Claiming American Opportunity Credit

Tab N: Using TaxSlayer Pro Online

Setting up TaxSlayer Pro Online
Pro Online Homepage
Starting a New Return
Prior Year Data
Navigating TaxSlayer Pro Online
Printing the Tax Return

Tab Q: TaxSlayer Admin

TaxSlayer Pro Admin
Recommended System Requirements
Security Templates
Networking TaxSlayer Pro Desktop
Use of Wireless Technology
Contingency Plan
Rejected Returns
(Top) Reject Codes
Index
Taxpayer Civil Rights
Contact Information for Volunteers

Tab O: Using TaxSlayer Desktop

TaxSlayer Pro Classic (Desktop) Homepage

Tab M: Other Returns

Amended Returns
Prior Year Returns
Filing for an Extension Using TaxSlayer

Tab K: Preparing the Return

Form 1040 Job Aid
Form 13614-C Job Aide for Volunteers
Determining the Last Name of Taxpayer
Preparing the Return
Pointers for Direct Deposit of Refunds
Split Refund Option
Balance Due Returns
Form ACH 1040/ES Estimated Payments for Next Year
PIN guidelines
Form 8453, Transmittal for an IRS E-file Return
Return Signature
Power of Attorney
Distributing Copies of the Return
Where to File Paper Returns
Quality Review Process

Tab P: Partner Resources

Optional Contingency Plans for Maintaining Site Operations
Information for People with Disabilities
Identity Theft Job Aid for Volunteers
Frequent Taxpayer Inquiries
Useful Publications and Forms
Where to File
Where’s My Refund
Interactive tax Assistant (ITA)