Practice Scenario

The Goodman’s Trey pays all of the household expenses to support himself and his child.

Intake and Interview What do we need to pull from this page. Where does it go.

Filing Status

Q.C. – H.O.H. + extra $3,900 Exemption Relationship Test Age Test Residency Test Support Test Q.R. – Exemption Only You are the one entitled to claim this person Relationship test/residency test Income Test

Intake and Interview What tax documents will we need? Explain why we have the taxpayer fill this out. Go through and explain some of the more tricky ones Let the group know that child support and welfare benefits are not taxable income Based on the boxes checked we know there should be at least one W2 provided

Intake Continued What tax documents are we expecting based on the boxes checked? Standard deduction vs. Itemized deduction What is an HSA? 1,2,3 need extra certifications.

W2

1099-G

Student Loan Interest

Does he qualify for EITC? Unmarried Married Filing Jointly Number of Kids $46,997 $52,427  3 $43,756 $49,186 2 $38,511 $43,941  1 $14,590 $20,020