Taxpayer Interview and Tax Law Application
Let's see how our volunteer helped a taxpayer, Ernie, with this part of the Payments section.
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Ernie responds: |
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| Let's complete the Payments section of your return. The software added up all the income tax withheld from your Forms W-2 we entered earlier. I know you had a little self-employment income and I see you responded "yes" to the question on estimated tax payments on the intake and interview sheet. Is that correct? |
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Yes, I did. |
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| Do you have a record of your payments, perhaps on a Form 1040-ES? |
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Yeah, here it is. |
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| Good, you paid each quarter. We'll enter those payments. While we're here, did last year's return show an overpayment? |
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Yes, here it is: $150. |
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| Did you apply any of that to your 2011 taxes? |
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Yes, all of it. |
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| Okay, we'll enter that too. Now we show the total of the withholding from your Forms W-2, your estimated tax paid and the refund amount from last year's return applied to this year. |
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Good! |
