1. TAX-AIDE NTTC Training Slides Tax Year 2014

2. TAX-AIDE Changes for Tax Year 2013 ● Content Expanded – everything that is in scope 2013 IRS Forms TaxWise Online screen shots Instructor notes Process Based Training ● Format/Layout ● Structure Instructor Workshop - 2014 2

3. TAX-AIDE Changes for Tax Year 2014 ● Tax law, TaxWise and scope updates ● Identify Core versus Comprehensive material Instructor Workshop - 2014 3

4. TAX-AIDE Core ● Tax law and TaxWise information “every” volunteer must know to pass Advanced test and service “typical” Tax-Aide taxpayer ● Judgment call as taxpayers and volunteers are not the same across every site ● Goal – little or no material in this category that any Instructor would choose to ignore Instructor Workshop - 2014 4

5. TAX-AIDE Comprehensive ● All other in-scope tax law and associated TaxWise information ● Instructors should select those bits and pieces to add to the Core material to meet their situation Instructor Workshop - 2014 5

6. TAX-AIDE Example 1: SSA-1099 Core? Instructor Workshop - 2014 6

7. TAX-AIDE Example 1: SSA-1099 Comprehensive? Instructor Workshop - 2014 7

8. TAX-AIDE Example 2: Education Benefits ● Core: Two options:  American Opportunity Credit  Lifetime Learning Credit Qualifying expenses for each TaxWise forms for each Instructor Workshop - 2014 8

9. TAX-AIDE Example 2: Education Benefits ● Comprehensive: Additional deduction options:  Schedule C  Schedule A Scholarship options  Offset of expenses versus earned income Reduce or eliminate additional tax on early distribution from retirement plan Instructor Workshop - 2014 9

10. TAX-AIDE Fundamentals for Given Lesson/Topic Instructor Workshop - 2014 10 CoreComprehensive Core Fundamentals – The Core material plus the items from the Comprehensive materials an Instructor chooses to include for his/her students

11. TAX-AIDE Students ● New Volunteers Fundamentals, resource materials, commensurate problems ● Experienced Volunteers Tax law and TaxWise changes Additional applicable Comprehensive materials Review topics based on needs assessments Problems for all applicable tax law Instructor Workshop - 2014 11

12. TAX-AIDE Training Power Point Slides Instructor Workshop - 2014 12

13. TAX-AIDE ERO TRAINING ● Now included in Preparer Training package ● Intent to train all preparers Transmission functions simplified with TWO LC sets process for site Instructor Workshop - 2014 13

14. TAX-AIDE Training Materials – TY 2014 Instructor Workshop - 2014 14 The fattest knight at King Arthur's round table was Sir Cumference. He acquired his size from too much pi.