1. TAX-AIDE Other Income Pub 4491 – Page 149 NTTC Training – 2013 1

2. TAX-AIDE Intake/Interview NTTC Training – 2013 2

3. TAX-AIDE Form 1040 – Line 21 NTTC Training – 2013 3

4. TAX-AIDE Examples: ● Reported on 1099-MISC, Box 3 ● Gambling winnings including lotteries and raffles ● Prizes and awards ● Jury duty pay ● Medical study subject pay Pub 17, pg 94 NTTC Training – 2013 4

5. TAX-AIDE Other Income ● Generally does NOT include 1099-MISC non-employee compensation (Box 7) which is business income – Sch C ● Does NOT include 1099-MISC rent or royalty income which are reported on Form 1040 line 17 ● Includes income not reported on other lines and schedules NTTC Training – 2013 5

6. TAX-AIDE Line 21 in TaxWise Link to Other Income Worksheet NTTC Training – 2013 6

7. TAX-AIDE Link to W-2G NTTC Training – 2013 7

8. TAX-AIDE NTTC Training – 2013 8

9. TAX-AIDE Bottom of W-2G Check if not taxable by state NTTC Training – 2013 9

10. TAX-AIDE Income – Quality Review The final question with respect to income: Did you have any other income? NTTC Training – 2013 10

11. TAX-AIDE Other Income Questions? Comments… NTTC Training – 2013 11

12. TAX-AIDE Let’s Practice ● Open Kent/Bryant Pub 4491W pp 66-67 and enter Unemployment Compensation Social Security Benefits and W-2G (Gambling) Income Check refund monitor NTTC Training – 2013 12