one day returning counselor training – dist 5
DESCRIPTION
One Day Returning Counselor Training – Dist 5. Bob Eslinger Pacific Region Training Advisor. AGENDA – RETURNING COUNSELOR ONE DAY TRAINING. INTRODUCTIONS. Name How long have you been with AARP? What site do you serve? What one question would you like answered?. Page A-1. Page A-2. - PowerPoint PPT PresentationTRANSCRIPT
![Page 1: One Day Returning Counselor Training – Dist 5](https://reader035.vdocument.in/reader035/viewer/2022062520/56815a0c550346895dc756b3/html5/thumbnails/1.jpg)
11 Day Returning Counselor Training 2013
One Day Returning Counselor Training – Dist 5
Bob EslingerPacific Region Training
Advisor
![Page 2: One Day Returning Counselor Training – Dist 5](https://reader035.vdocument.in/reader035/viewer/2022062520/56815a0c550346895dc756b3/html5/thumbnails/2.jpg)
21 Day Returning Counselor Training 2013
AGENDA – RETURNING COUNSELOR ONE DAY TRAINING
![Page 3: One Day Returning Counselor Training – Dist 5](https://reader035.vdocument.in/reader035/viewer/2022062520/56815a0c550346895dc756b3/html5/thumbnails/3.jpg)
31 Day Returning Counselor Training 2013
INTRODUCTIONS
NameHow long have you been with AARP?What site do you serve?What one question would you like
answered?
![Page 4: One Day Returning Counselor Training – Dist 5](https://reader035.vdocument.in/reader035/viewer/2022062520/56815a0c550346895dc756b3/html5/thumbnails/4.jpg)
4AZ Returning Counselor Training 2013
![Page 5: One Day Returning Counselor Training – Dist 5](https://reader035.vdocument.in/reader035/viewer/2022062520/56815a0c550346895dc756b3/html5/thumbnails/5.jpg)
5AZ Returning Counselor Training 2013
Page A-1
![Page 6: One Day Returning Counselor Training – Dist 5](https://reader035.vdocument.in/reader035/viewer/2022062520/56815a0c550346895dc756b3/html5/thumbnails/6.jpg)
6AZ Returning Counselor Training 2013
Page A-2
![Page 7: One Day Returning Counselor Training – Dist 5](https://reader035.vdocument.in/reader035/viewer/2022062520/56815a0c550346895dc756b3/html5/thumbnails/7.jpg)
7AZ Returning Counselor Training 2013
Page A-2
![Page 8: One Day Returning Counselor Training – Dist 5](https://reader035.vdocument.in/reader035/viewer/2022062520/56815a0c550346895dc756b3/html5/thumbnails/8.jpg)
8AZ Returning Counselor Training 2013
Page A-3
![Page 9: One Day Returning Counselor Training – Dist 5](https://reader035.vdocument.in/reader035/viewer/2022062520/56815a0c550346895dc756b3/html5/thumbnails/9.jpg)
9AZ Returning Counselor Training 2013
![Page 10: One Day Returning Counselor Training – Dist 5](https://reader035.vdocument.in/reader035/viewer/2022062520/56815a0c550346895dc756b3/html5/thumbnails/10.jpg)
10AZ Returning Counselor Training 2013
Page A-3
![Page 11: One Day Returning Counselor Training – Dist 5](https://reader035.vdocument.in/reader035/viewer/2022062520/56815a0c550346895dc756b3/html5/thumbnails/11.jpg)
11AZ Returning Counselor Training 2013
MUST/SHOULD FILE QUIZ #1
Miranda, 17, is claimed on her parents’ return
W-2 shows $2,000 in wages and Federal tax withheld of $155
Grandparents gave her a $3,000 CD as a gift
She has no other incomeMust or should Miranda file?
![Page 12: One Day Returning Counselor Training – Dist 5](https://reader035.vdocument.in/reader035/viewer/2022062520/56815a0c550346895dc756b3/html5/thumbnails/12.jpg)
12AZ Returning Counselor Training 2013
MUST/SHOULD FILE QUIZ #1 ANSWER
Miranda, 17, is claimed on her parents’ return
W-2 shows $2,000 in wages and federal tax withheld of $155
Grandparents gave her a $3,000 CD as a gift
Must or should Miranda file?Should: to get back her withholding
CD is a gift – not counted in income
![Page 13: One Day Returning Counselor Training – Dist 5](https://reader035.vdocument.in/reader035/viewer/2022062520/56815a0c550346895dc756b3/html5/thumbnails/13.jpg)
13AZ Returning Counselor Training 2013
MUST/SHOULD FILE QUIZ #2
Kathy, 22, attends college full time Earned $850 babysitting Plus $3,000 reported on a W-2; no tax was
withheld
Must or should Kathy file?
![Page 14: One Day Returning Counselor Training – Dist 5](https://reader035.vdocument.in/reader035/viewer/2022062520/56815a0c550346895dc756b3/html5/thumbnails/14.jpg)
14AZ Returning Counselor Training 2013
MUST/SHOULD FILE QUIZ #2 ANSWER
Kathy, 22, attends college full time Earned $850 babysitting Plus $3,000 reported on a W-2; no tax was
withheldMust or should Kathy file?
Must: had >$400 in self-employmentIf only W-2, would not have needed to file
![Page 15: One Day Returning Counselor Training – Dist 5](https://reader035.vdocument.in/reader035/viewer/2022062520/56815a0c550346895dc756b3/html5/thumbnails/15.jpg)
15AZ Returning Counselor Training 2013
![Page 16: One Day Returning Counselor Training – Dist 5](https://reader035.vdocument.in/reader035/viewer/2022062520/56815a0c550346895dc756b3/html5/thumbnails/16.jpg)
16AZ Returning Counselor Training 2013
Page H-2
![Page 17: One Day Returning Counselor Training – Dist 5](https://reader035.vdocument.in/reader035/viewer/2022062520/56815a0c550346895dc756b3/html5/thumbnails/17.jpg)
17AZ Returning Counselor Training 2013
![Page 18: One Day Returning Counselor Training – Dist 5](https://reader035.vdocument.in/reader035/viewer/2022062520/56815a0c550346895dc756b3/html5/thumbnails/18.jpg)
18AZ Returning Counselor Training 2013
EIC QUIZ #1Tab H
A 65-year-old gentleman, with no qualifying children, earned $5,000.
Taxwise does not give him any EIC. Is this correct?
![Page 19: One Day Returning Counselor Training – Dist 5](https://reader035.vdocument.in/reader035/viewer/2022062520/56815a0c550346895dc756b3/html5/thumbnails/19.jpg)
19AZ Returning Counselor Training 2013
EIC QUIZ #1 ANSWERTab H
A 65-year-old gentleman, with no qualifying children, earned $5,000.
Taxwise does not give him any EIC. Is this correct?
YES. He is too old to get the EIC. He is 65 years old.
![Page 20: One Day Returning Counselor Training – Dist 5](https://reader035.vdocument.in/reader035/viewer/2022062520/56815a0c550346895dc756b3/html5/thumbnails/20.jpg)
20AZ Returning Counselor Training 2013
EIC QUIZ #2
A young father of two earns $15,000. He sells his only stock, inherited from his
mother, and makes a $3,500 capital gain. He is expecting a sizeable EIC. Is he
correct?
![Page 21: One Day Returning Counselor Training – Dist 5](https://reader035.vdocument.in/reader035/viewer/2022062520/56815a0c550346895dc756b3/html5/thumbnails/21.jpg)
21AZ Returning Counselor Training 2013
EIC QUIZ #2 ANSWER
A young father of two earns $15,000. He sells his only stock, inherited from his
mother, and makes a $3,500 capital gain. He is expecting a sizeable EIC. Is he
correct?
NO. He gets nothing because his investment income is over the limit.
![Page 22: One Day Returning Counselor Training – Dist 5](https://reader035.vdocument.in/reader035/viewer/2022062520/56815a0c550346895dc756b3/html5/thumbnails/22.jpg)
22AZ Returning Counselor Training 2013
![Page 23: One Day Returning Counselor Training – Dist 5](https://reader035.vdocument.in/reader035/viewer/2022062520/56815a0c550346895dc756b3/html5/thumbnails/23.jpg)
23AZ Returning Counselor Training 2013
![Page 24: One Day Returning Counselor Training – Dist 5](https://reader035.vdocument.in/reader035/viewer/2022062520/56815a0c550346895dc756b3/html5/thumbnails/24.jpg)
24AZ Returning Counselor Training 2013
![Page 25: One Day Returning Counselor Training – Dist 5](https://reader035.vdocument.in/reader035/viewer/2022062520/56815a0c550346895dc756b3/html5/thumbnails/25.jpg)
25AZ Returning Counselor Training 2013
![Page 26: One Day Returning Counselor Training – Dist 5](https://reader035.vdocument.in/reader035/viewer/2022062520/56815a0c550346895dc756b3/html5/thumbnails/26.jpg)
26AZ Returning Counselor Training 2013
![Page 27: One Day Returning Counselor Training – Dist 5](https://reader035.vdocument.in/reader035/viewer/2022062520/56815a0c550346895dc756b3/html5/thumbnails/27.jpg)
27AZ Returning Counselor Training 2013
![Page 28: One Day Returning Counselor Training – Dist 5](https://reader035.vdocument.in/reader035/viewer/2022062520/56815a0c550346895dc756b3/html5/thumbnails/28.jpg)
28AZ Returning Counselor Training 2013
![Page 29: One Day Returning Counselor Training – Dist 5](https://reader035.vdocument.in/reader035/viewer/2022062520/56815a0c550346895dc756b3/html5/thumbnails/29.jpg)
29AZ Returning Counselor Training 2013
![Page 30: One Day Returning Counselor Training – Dist 5](https://reader035.vdocument.in/reader035/viewer/2022062520/56815a0c550346895dc756b3/html5/thumbnails/30.jpg)
30AZ Returning Counselor Training 2013
![Page 31: One Day Returning Counselor Training – Dist 5](https://reader035.vdocument.in/reader035/viewer/2022062520/56815a0c550346895dc756b3/html5/thumbnails/31.jpg)
31AZ Returning Counselor Training 2013
Page C-3
![Page 32: One Day Returning Counselor Training – Dist 5](https://reader035.vdocument.in/reader035/viewer/2022062520/56815a0c550346895dc756b3/html5/thumbnails/32.jpg)
32AZ Returning Counselor Training 2013
EXEMPTIONS QUIZ #1TAB C
John supports his wife’s Uncle George who lives in another city and has $2,400 of taxable income
John files MFJ
Can John claim George as a dependent if all other tests met?
![Page 33: One Day Returning Counselor Training – Dist 5](https://reader035.vdocument.in/reader035/viewer/2022062520/56815a0c550346895dc756b3/html5/thumbnails/33.jpg)
38AZ Returning Counselor Training 2013
EXEMPTIONS QUIZ #3
Ralph is 64 and lives with his son and daughter-in-law all year
Ralph earned $4,700
Can Ralph’s son claim him as a dependent?
![Page 34: One Day Returning Counselor Training – Dist 5](https://reader035.vdocument.in/reader035/viewer/2022062520/56815a0c550346895dc756b3/html5/thumbnails/34.jpg)
39AZ Returning Counselor Training 2013
EXEMPTIONS #3 ANSWER
Ralph is 64 and lives with his son and daughter-in-law all year
Ralph earned $4,700Can Ralph’s son claim him as a
dependent?
NO Income over $3,800
![Page 35: One Day Returning Counselor Training – Dist 5](https://reader035.vdocument.in/reader035/viewer/2022062520/56815a0c550346895dc756b3/html5/thumbnails/35.jpg)
40AZ Returning Counselor Training 2013
EXEMPTIONS QUIZ #4
Ralph’s children are also supporting his friend, Fred, who lives with them
Fred’s only income is social security of $5,000
Can Fred be claimed?
![Page 36: One Day Returning Counselor Training – Dist 5](https://reader035.vdocument.in/reader035/viewer/2022062520/56815a0c550346895dc756b3/html5/thumbnails/36.jpg)
41AZ Returning Counselor Training 2013
EXEMPTIONS #4 ANSWER
Ralph’s children are also supporting his friend, Fred, who lives with them
Fred’s only income is social security of $5,000
Can Fred be claimed?
YESGross income test does not count income
that is exempt from tax
![Page 37: One Day Returning Counselor Training – Dist 5](https://reader035.vdocument.in/reader035/viewer/2022062520/56815a0c550346895dc756b3/html5/thumbnails/37.jpg)
42AZ Returning Counselor Training 2013
EXEMPTIONS QUIZ #5
Jennifer, age 25, is a full-time student, lived at home with her parents all year, and her parents provided over half of her support
Jennifer made $3,000
Can Jennifer's parents claim her as a dependent?
![Page 38: One Day Returning Counselor Training – Dist 5](https://reader035.vdocument.in/reader035/viewer/2022062520/56815a0c550346895dc756b3/html5/thumbnails/38.jpg)
43AZ Returning Counselor Training 2013
EXEMPTIONS QUIZ #5 – ANSWER A
Is Jennifer a Qualifying Child? NO
She satisfies the residency and relationship tests, but not the age test
If Jennifer is not a Qualifying Child, is she a Qualifying Relative Dependent?
![Page 39: One Day Returning Counselor Training – Dist 5](https://reader035.vdocument.in/reader035/viewer/2022062520/56815a0c550346895dc756b3/html5/thumbnails/39.jpg)
44AZ Returning Counselor Training 2013
EXEMPTIONS QUIZ #5 – ANSWER B
Is Jennifer a Qualifying Relative Dependent?
YESShe is their daughterShe earned less than $3,800Parents provided >50% supportNot the Qualifying Child of anotherCan be claimed if all other tests met
![Page 40: One Day Returning Counselor Training – Dist 5](https://reader035.vdocument.in/reader035/viewer/2022062520/56815a0c550346895dc756b3/html5/thumbnails/40.jpg)
45AZ Returning Counselor Training 2013
EXEMPTIONS QUIZ #6
Stacy has a son, Ben, age 14, and they lived with Stacy's boyfriend (who is not Ben's father) all year
Stacy made $7,000 and her boyfriend made $50,000
Can Stacy’s boyfriend claim Ben as a dependent?
![Page 41: One Day Returning Counselor Training – Dist 5](https://reader035.vdocument.in/reader035/viewer/2022062520/56815a0c550346895dc756b3/html5/thumbnails/41.jpg)
46AZ Returning Counselor Training 2013
EXEMPTIONS QUIZ #6 – ANSWERS
NO, if Stacy files a return Ben would be a Qualifying Child of Stacy YES, if Stacy does not file a return OR
files ONLY to get a refund of withholding Ben could be a Qualifying Relative
Dependent of Stacy’s boyfriendIt might be more beneficial, however, for Stacy
to file and claim the EIC
![Page 42: One Day Returning Counselor Training – Dist 5](https://reader035.vdocument.in/reader035/viewer/2022062520/56815a0c550346895dc756b3/html5/thumbnails/42.jpg)
47AZ Returning Counselor Training 2013
Page B-1
![Page 43: One Day Returning Counselor Training – Dist 5](https://reader035.vdocument.in/reader035/viewer/2022062520/56815a0c550346895dc756b3/html5/thumbnails/43.jpg)
48AZ Returning Counselor Training 2013
Page B-3
![Page 44: One Day Returning Counselor Training – Dist 5](https://reader035.vdocument.in/reader035/viewer/2022062520/56815a0c550346895dc756b3/html5/thumbnails/44.jpg)
49AZ Returning Counselor Training 2013
FILING STATUS QUIZ #1TAB B
Mrs. Doe is divorced Pays >50% cost of the home she shares with
her 20-year-old daughter, Emily Emily is single, works part time, and earned
$4,000 that she spent on herself. She is not a studentCan Mrs. Doe file as Head of Household?
![Page 45: One Day Returning Counselor Training – Dist 5](https://reader035.vdocument.in/reader035/viewer/2022062520/56815a0c550346895dc756b3/html5/thumbnails/45.jpg)
50AZ Returning Counselor Training 2013
Can Mrs. Doe file as Head of Household?NO
Emily is not a Qualifying Child >18 years of age Not a student
Emily is not a Qualifying Relative Dependent Income >$3,700
FILING STATUS QUIZ #1 ANSWERS
![Page 46: One Day Returning Counselor Training – Dist 5](https://reader035.vdocument.in/reader035/viewer/2022062520/56815a0c550346895dc756b3/html5/thumbnails/46.jpg)
51AZ Returning Counselor Training 2013
FILING STATUS QUIZ #2
Mr. Buck provides total support for his two young children
His wife died in 2009, and he has not remarried
What is the best filing status for Mr. Buck?
![Page 47: One Day Returning Counselor Training – Dist 5](https://reader035.vdocument.in/reader035/viewer/2022062520/56815a0c550346895dc756b3/html5/thumbnails/47.jpg)
52AZ Returning Counselor Training 2013
What is the best filing status for Mr. Buck?
HEAD OF HOUSEHOLD
What would have been best in TY2011?
FILING STATUS QUIZ #2ANSWER 1
![Page 48: One Day Returning Counselor Training – Dist 5](https://reader035.vdocument.in/reader035/viewer/2022062520/56815a0c550346895dc756b3/html5/thumbnails/48.jpg)
53AZ Returning Counselor Training 2013
What would have been best in TY2011?
QUALIFYING WIDOW(ER) with Dependent Child
FILING STATUS QUIZ #2ANSWER 2
![Page 49: One Day Returning Counselor Training – Dist 5](https://reader035.vdocument.in/reader035/viewer/2022062520/56815a0c550346895dc756b3/html5/thumbnails/49.jpg)
54AZ Returning Counselor Training 2013
FILING STATUS QUIZ #3
Jane, 69, whose husband died July 1, had a $20,000 pension and $15,000 in social security in the tax year
Her 10-year-old grandson lived with her and is her dependent
What is the best filing status for Jane?
![Page 50: One Day Returning Counselor Training – Dist 5](https://reader035.vdocument.in/reader035/viewer/2022062520/56815a0c550346895dc756b3/html5/thumbnails/50.jpg)
55AZ Returning Counselor Training 2013
FILING STATUS QUIZ #3ANSWER 1
What is the best filing status for Jane?
MARRIED FILING JOINT
Assuming nothing changes, what filing status is best for the
following tax years?
![Page 51: One Day Returning Counselor Training – Dist 5](https://reader035.vdocument.in/reader035/viewer/2022062520/56815a0c550346895dc756b3/html5/thumbnails/51.jpg)
56AZ Returning Counselor Training 2013
FILING STATUS QUIZ #3ANSWER 2
Assuming nothing changes, what filing status is best for the
following tax years?HEAD OF HOUSEHOLD
Grandchild is not a qualifying child dependent for Qualifying Widow(er) with Dependent Child
purposes – own child or stepchild only
![Page 52: One Day Returning Counselor Training – Dist 5](https://reader035.vdocument.in/reader035/viewer/2022062520/56815a0c550346895dc756b3/html5/thumbnails/52.jpg)
57AZ Returning Counselor Training 2013
FILING STATUS QUIZ #4
Luke and Linda are still married, but chose to live apart for most of the year
Their two children lived with Linda all year In July, Luke was out of a job so he moved
back in the house for just that monthWhat filing status can they each choose?
![Page 53: One Day Returning Counselor Training – Dist 5](https://reader035.vdocument.in/reader035/viewer/2022062520/56815a0c550346895dc756b3/html5/thumbnails/53.jpg)
58AZ Returning Counselor Training 2013
FILING STATUS #4 ANSWER
Luke and Linda are still married, but chose to live apart for most of the year
Their two children lived with Linda all year In July, Luke was out of a job so he moved back
in the house for just that monthWhat filing status can they
each choose? MFJ or MFS
(both must use same status)
![Page 54: One Day Returning Counselor Training – Dist 5](https://reader035.vdocument.in/reader035/viewer/2022062520/56815a0c550346895dc756b3/html5/thumbnails/54.jpg)
59AZ Returning Counselor Training 2013
FILING STATUS QUIZ #5
Dick and Jane are married, lived apart all year, and are filing separate returns
Their 25-year-old daughter Jody lived with Jane all year while attending school full-time
Jody earned $2,500 during the summer
What is Jane’s best filing status?
![Page 55: One Day Returning Counselor Training – Dist 5](https://reader035.vdocument.in/reader035/viewer/2022062520/56815a0c550346895dc756b3/html5/thumbnails/55.jpg)
60AZ Returning Counselor Training 2013
FILING STATUS QUIZ #5 ANSWER 1
What is Jane’s best filing status?
HEAD OF HOUSEHOLD
What would Jane’s filing status be if Jody earned $3,900?
![Page 56: One Day Returning Counselor Training – Dist 5](https://reader035.vdocument.in/reader035/viewer/2022062520/56815a0c550346895dc756b3/html5/thumbnails/56.jpg)
61AZ Returning Counselor Training 2013
FILING STATUS QUIZ #5ANSWER 2
What would Jane’s filing status be if Jody earned $3,900?
MARRIED FILING SEPARATELY
![Page 57: One Day Returning Counselor Training – Dist 5](https://reader035.vdocument.in/reader035/viewer/2022062520/56815a0c550346895dc756b3/html5/thumbnails/57.jpg)
62AZ Returning Counselor Training 2013
FILING STATUS QUIZ #6
Sarah, age 62, has a 40 year old son living with her
He earned $40,000 and put all of it in the bank
Can Sarah claim Head of Household?
![Page 58: One Day Returning Counselor Training – Dist 5](https://reader035.vdocument.in/reader035/viewer/2022062520/56815a0c550346895dc756b3/html5/thumbnails/58.jpg)
63AZ Returning Counselor Training 2013
FILING STATUS QUIZ #6 ANSWER
Can Sarah claim Head of Household?
NO Son must be either a Qualifying Child or a Qualifying RelativeNot a Qualifying Child: ageNot a Qualifying Relative: income >$3,700
![Page 59: One Day Returning Counselor Training – Dist 5](https://reader035.vdocument.in/reader035/viewer/2022062520/56815a0c550346895dc756b3/html5/thumbnails/59.jpg)
64AZ Returning Counselor Training 2013