13 TW Changes

Report
®
TaxWise
Tax Year 2014 Changes
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1
Capital Gains Reporting Change
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2
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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3
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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4
Support for Google Chrome
● Beginning in tax year 2014, TaxWise
Online can be accessed with

Internet Explorer or

Google Chrome
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5
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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6
New User Roles
● InterviewerProcessor – Prepare returns
using interview mode only
● Check Printer – Print checks only
● Export Grid - Export return list
● Licensed User* – Required to access TWO
*Admin must assign the Licensed User role
to all users (new and existing)
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7
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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8
Manage Return List
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9
Customize Columns
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10
Filter Columns
Enter a filter in the top
box of any column
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11
Export the Return List
● 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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12
Select CSV or XLS to Export
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13
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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14
TaxWise Updates
Questions?
Comments…
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15

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