Show:
Business Income
Deductions
Credits
E-file
Deliver Awesome
100
This is tax on income you make when working for yourself
What is Self-Employment Tax?
100
Reports on Schedule A
What are Itemized Deductions
100
This credit decreases the tax liability
What is a Non-refundable credit
100
The deadline time within the Preparer's time zone
What is midnight
100
Active Listening is found in what step
What is Define
200
Partnership, S-corp, Estate or Trust are reported on this source document?
What is a K-1
200
If wages/income were earned in another country, you may receive this credit if you fulfill Bona Fide Residence Test or the Physical Presence Test
What is Foreign Income Exclusion (2555)
200
Credit for expenses paid for the care of your child or dependent?
What is Child and Dependent Care credit (2441)
200
The perfection period for a rejected return
What is 5 days
200
Verifying the customer's issue is resolved happens when
What is Lookback
300
This can be carried back or carried forward
What is Net Operating Loss
300
Date placed in service, Method, and cost or basis are mandatory when generating what?
What is Depreciation
300
Having earned income and being a U.S. citizen or resident alien for the entire tax year are two requirements for this credit
What is Earned Income Credit
300
When extending a return, this is the form the extension is reported on
What is 4868
300
Maintaining a positive tone is expected when
What is all the time (answers may vary)
400
This reports a sale of a depreciated asset
What is Form 4797
400
One is an expense for my entire home, the other is an expense specifically for the business
What are indirect and direct expenses
400
Education credit limited to 4 years
What is the American Opportunity Credit?
400
If your return is accepted, but you need correct the return and re-file it, this is the form you use.
What is 1040X
400
Exhibiting confidence is key during this part of the call flow
What is Act
500
I have a loss that cannot be taken this year because of the nature of the loss, what type of loss do I have
What is passive activity loss
500
This is a tax that is seen as a deduction which the program automatically calculates for you
What is State and Local General Sales Tax
500
This reports credit for any taxes paid to a foreign entity.
What is Form 1116 (Foreign Tax Credit)
500
This form cannot be e-filed though it is a prominent return
What is 1040NR
500
(Promoters - Neutrals) / Total surveys = this
What is TNPS