tax-aide taxwise ® tax year 2014 changes 1. tax-aide capital gains reporting change 2
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TAX-AIDE
TAX-AIDE
TaxWise®
Tax Year 2014 Changes
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TAX-AIDE
Capital Gains Reporting Change
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Capital Gain Entries
● Improper entry code will result in improper carry forward of information to Sch D
● However, it appears that a diagnostic will pick up this error
● Broker statements should include the proper code
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User Access Security
● Each username can be logged onto only one instance of TWO If a person attempts to log onto a second
computer using the same username, the first instance will be logged off
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Support for Google Chrome
● Beginning in tax year 2014, TaxWise Online can be accessed with Internet Explorer or Google Chrome
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Google Chrome Devices
● Chromebook
● Other tablets, such as Android or Surface Minimum 7” screen
● Apple products, as long as you use Google Chrome iPad, MacBook, iMac
Note: Cannot use TWO Classic Mode
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New User Roles
● InterviewerProcessor – Prepare returns using interview mode only
●Check Printer – Print checks only
●Export Grid - Export return list
●Licensed User*
*Admin must assign the Licensed User role
to all users (new and existing)
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– Required to access TWO
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Return List Enhancements
● Add or subtract columns to the return list
● Re-order columns in the return list
● Filter returns in the return list
● Print and export return list to Microsoft Excel
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Manage Return List
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Customize Columns
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Filter Columns
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Enter a filter in the top box of any column
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Export the Return List
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● User must have the new “ExportGrid” role
● Exports the list with only the columns you have showing
● Click CSV or XLS
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Select CSV or XLS to Export
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Affordable Care Act Forms
● If everyone has MEC check Line 61, else
● Worksheet 8 is the key to ACA Calculates Shared Responsibility Payment Adds other forms to the tree
● Form 8962 – Premium Tax Credit
● Form 8965 – Health Coverage Exemptions
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TaxWise Updates
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Questions?
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