Preparer Code After responding "no" to dependents, a Preparer Prep Code not warranted (desktop) 4/18 Covered in – Code is requested Training. Preparer code is required and will be assigned when the preparers are setup. This is how Desktop tracks history There are two Line 2 is for Schedule B or F8815; Line 3 is for It appears line 2 is for when there is a 4/22 Training issue. – places to enter Interest less than $1500 Form 1099INT; how do you know this? Line 3 is when a Interest Income - (desktop) Schedule B is not lines 2 and 3 required - Dependent Section Automatically enters the dependent's last name This is a nice feature except many 4/18 Training – dependents do not share the same Rather than looking name as the taxpayer. This could be for a blank enter the the cause for many errors. different last name, they just need to key over the existing last name W-2-Boxes 1, 3, 5 Boxes 3 and 5 (Social Security and Medicare Requires additional data entry for 4/22 Non-issue. – amounts are not adjusted when code D is entered something that the software could Boxes 3 and 5 in box 12. calculate. already come adjusted from employer if applicable Direct Deposit No warning was given when an incorrect routing Routing and account numbers are 4/18 Defect logged – number was input. entered twice. A warning is and will be corrected appropriate if they don't match. 5/17 Has been corrected Interest income - No choice for interest income not reported on Should have an option for Other 4/22 Training issue. – screen shot 1 1099-INT. Interest. (desktop) Line 3 on income menu (interest/dividend <1500)
Preparer Code After responding "no" to dependents, a Preparer Code is requested Prep Code not warranted (desktop) 4/18 – Covered in Training. Preparer code is required and will be assigned when the preparers are setup. This is how Desktop tracks history There are two places to enter Interest Income - lines 2 and 3 Line 2 is for Schedule B or F8815; Line 3 is for Interest less than $1500 It appears line 2 is for when there is a Form 1099INT; how do you know this? (desktop) 4/22 – Training issue. Line 3 is when a Schedule B is not required - Dependent Section Automatically enters the dependent's last name This is a nice feature except many dependents do not share the same name as the taxpayer. This could be the cause for many errors. 4/18 – Training Rather than looking for a blank enter the different last name, they just need to key over the existing last name W-2-Boxes 1, 3, 5 Boxes 3 and 5 (Social Security and Medicare amounts are not adjusted when code D is entered in box 12. Requires additional data entry for something that the software could calculate. 4/22 – Non-issue. Boxes 3 and 5 already come adjusted from employer if applicable Direct Deposit No warning was given when an incorrect routing number was input. Routing and account numbers are entered twice. A warning is appropriate if they don't match. 4/18 – Defect logged and will be corrected 5/17 Has been corrected Interest income - screen shot 1 No choice for interest income not reported on 1099-INT. Should have an option for Other Interest. (desktop) 4/22 – Training issue. Line 3 on income menu (interest/dividend <1500)