Helpful tips on how to get through TTFE quickly and accurately TTFE Basic Navigation 1 Federal RefundOwed 2 State RefundOwed 3 Main Topics 4 Sub Topics 5Help Bar You can jump back to any topic or subtopic at any time ID: 587085
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TTFE Tips and Tricks
Helpful tips on how to get through TTFE quickly and accuratelySlide2
TTFE Basic Navigation
1- Federal Refund/Owed
2- State Refund/Owed
3- Main Topics4- Sub Topics5-Help Bar You can jump back to any topic or subtopic at any timeSlide3
Personal Info
Basic Info
Name, DOB, Address, SSN
Filing Status/Marital StatusIf they are unsure what to pick, find a tax expert!If they want to choose “Married Filing Separate” Find a tax expert!Dependents
This can be children, grandchildren, grandparents, siblings
If they think they can claim someone, but TTFE says they can’t, find a tax expert.
You can go back and edit these at any timeSlide4
Income/Deductions Screens
Guide Me
takes users through every topic screen-by-screen
Time consumingI’ll Choose what I work onStill shows all topicsTaxpayer can choose what applies to them, and skip what does not.TIME SAVER!
Slide5
Income/Deduction Landing tables
User can scroll through and choose topics that apply to them.
User will return to this screen every time they finish a section
User can return to this screen at any timeCant find a topic? Find a Tax Expert!Slide6
Deductions and Credits:
Itemized
vs
Standard DeductionItemized deductions (charitable donations, medical expenses, mortgage insurance, property taxes) must add up to MORE than their Standard Deduction to be beneficialSingle- $6200HOH-$9100
MFJ- $12400
Unless the Taxpayer has a mortgage or an extreme amount of Medical Expenses it is unlikely they will benefit from entering these deductions
TIME SAVER: If they are unsure, have a Tax Expert look over their deductions and decide if it is worth it to enter them into TTFE. Slide7
Deductions and Credits:
Earned Income Tax Credit (EIC)
Many of the taxpayers that come to our events will receive EIC, and many are counting on it
EIC is a refundable credit (cash in pocket)If the user is expecting EIC but doesn’t qualify or receives less than they expected:
Review their dependent info in Personal Info
Find a tax expert
!If you suspect ANY fraudulent activity around dependents they want to claim, their filing status, or EIC answers,
find a tax expert
and have them review this area. Slide8
HEALTH INSURANCE
Covered all Year
1095-A(Marketplace)
MedicaidEmployerPrivate InsuranceConfused about their coverage?.... You guessed it, find a tax expert!Slide9
Other Taxes
It is UNLIKELY that our users will need anything on this screen.
IP PIN- “Identity Protection PIN” If a user mentions that they have a 6-digit PIN from the IRS, they will enter it here. Slide10
State Taxes
State Taxes is usually the fastest section
All appropriate Federal Info will be automatically transferred to their State ReturnSlide11
File: Review Your Order
If the taxpayer truly qualifies for TTFE, this page should total $0
If for any reason it does not, find a Tax Expert or a Site Coordinator to resolve the issueSlide12
Refund or Balance Due
Refunds: The taxpayer can choose to have their Refund(s) Directly Deposited into their bank account (Recommended) or mailed to them via paper check
Balance Due: If a user owes a Federal or State refund they have the choice to have it Debited out of their account or they can pay it via paper check. They will receive all the necessary vouchers and addresses.
A Tax Expert will go over with them what they owe and when, as well as the fees and penalties associated with not paying their tax billSlide13
E-File PIN or AGI
To E-file, the Taxpayer MUST have their E-File PIN or last year’s AGI(found on last year’s return)
If they do not have either, they can go to the link : “Click here to get this year’s IRS e-filing PIN”
On the IRS site they must enter their info EXACTLY as it was found on their previous year’s return (Ex: If they moved they will need to put their previous address that was on their 2014 returnIf they cannot get either, they can still file but they will have to mail itSlide14
Help Links
(Almost) Any blue link you see in the product is a Help Link
If the user seems unsure, look for a link to help them answer their question
If they are still unsure, find a tax expertSlide15
Tax Expert Review
When you see this
page. STOP.
Be sure to print their return and have a tax expert review it along with their tax documents they brought with themThey cannot file their return with us until they have had it reviewed Slide16
TRANSMIT!
This big green transmit button is what files their return to the IRS
They have NOT filed until they click this button
If they File by Mail they will not see this screenAfter they submit their return, make sure they have a copy of their return and documents, fill out any surveys, and help guide them to the Exit CoordinatorSlide17
HOORAY! YOU DID IT!
You helped someone get their biggest paycheck of the year!