Taxwise changes for 2005
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TaxWise Changes for 2005. Supervisors Meeting January 5 th , 2006. Changes to the look of data entry fields in TaxWise 2005. Active entry displays an expanded entry box Easier to read Quick Link icon appears on any linkable entry Displays the same Entry Links dialog box

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TaxWise Changes for 2005

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Taxwise changes for 2005

TaxWise Changes for 2005

Supervisors Meeting

January 5th, 2006


Changes to the look of data entry fields in taxwise 2005

Changes to the look of data entry fields in TaxWise 2005

  • Active entry displays an expanded entry box

    • Easier to read

  • Quick Link icon appears on any linkable entry

    • Displays the same Entry Links dialog box

    • F9 is still available


Context sensitive help can be displayed while preparing a return

Context Sensitive Help can be displayed while preparing a return

  • Will be defaulted to off – but can be used if needed

  • Located on the View Menu or activated by using Alt-F1

  • Displays field-related Help at the bottom of the workspace


Taxwise help will be include several irs decision trees

TaxWise Help will be include several IRS Decision Trees

  • Decision trees will be found in both F1 Help and Context Sensitive Help

  • Open in PDF

    • Must have Adobe 6.0 or higher to view (some systems are running 5.0 and may not be able to view decision trees)

  • Decision trees will include

    • Determination of Filing Status

    • Can you claim an exemption for a Dependent

    • Credit for Child and Dependent Care Credit

    • Credit for the Elderly and Disabled

    • Earned Income Credit


Taxwise refund monitor

TaxWise Refund Monitor

  • Located on the View Menu

  • ShowRefund Monitor

    • (√ ) indicates the refund monitor is active

    • Defaults to active

  • Displays above the TaxWise Tree

  • Quick glance at tax information

    • AGI

    • Refund/Balance Due


Estimated entries

Estimated Entries

  • Estimated entries are now listed in diagnostics.

  • Estimated entries will show even for forms that are not applicable to the client.

  • Please ignore the estimated entries section of diagnostics.

  • Continue to use the red exclamation points to indicate missing required information.


Sites are now allowed to use the practitioner pin

Sites are now allowed to use thePractitioner PIN

  • Signature documents are not mailed to the IRS processing centers, which reduces year-end administrative duties associated with the burden of Forms 8453.

  • MI-8453 still required for state returns.


New e filing procedures for practitioner pins

New E-Filing Proceduresfor Practitioner PINs

  • “E-File Only” checkbox will be defaulted on Main Information

  • The Practitioner PIN will be defaulted to “98765” – Do not change the Practitioner PIN

  • The volunteer will ask the client for a five digit PIN and will enter it in a required (red) box

  • The volunteer must also enter the date in a required box

  • Client will sign Form 8879 and Form MI-8453


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