2011 H&R Block at Home Lab Instructions, Whittenburg & Altus-Buller

2011 H&R Block At Home Lab Instructions, Whittenburg & Altus-Buller

Ch. 1 Bayan

First you need to install H&R Block At Home - install Premium.

Open H&R Block 2011, and update it.

Select the Start a Return button.

Select Close Form, and then fill in a W-2 Worksheet, found under Form 1040.

Close Forms Central. To choose a Form 1040EZ, select Tools/Do You Need 1040? Under the third bullet, on the right, check the Form 1040EZ box.

Save the file by selecting File/Save from the menu.

Also save the tax return as a PDF file, so that you can look at the return outside of the software program.Select File/Save As PDF. The software will save two returns - one For Filing and one For Records. Review the Tax Return for Filing.

Select File/Exit to exit the program.

Don't be afraid to explore the program - you can't hurt anything!

Ch. 1 Lazo

Open H&R Block 2011, and update it.

Select the Start a Return button.

Select Close Form, and then fill in a Dependents Worksheet, found under Form 1040, for Lyle. Enter a date of birth for Lyle so that he was 18 in 2011.

Select Close Form, and then fill in a W-2 Worksheet, found under Form 1040, for Leon.

Close Forms Central. To choose a Form 1040A, select Tools/Do You Need 1040? Under the third bullet, on the right, check the Form 1040A box.

Save the file by selecting File/Save from the menu.

Then File/Save As PDF. The software will save two returns - one For Filing and one For Records. Review the Tax Return for Filing.

Select File/Exit to exit the program.

Ch. 1 Boxer

Open H&R Block 2011, and update it.

Select the Start a Return button.

Select Close Form, and then fill out a Dependents Worksheet, found under Form 1040, for Helen. Enter a date of birth for Helen so that she was 18 in 2011.

Select Close Form, and then fill in a W-2 Worksheet, found under Form 1040.

Boxer has some interest income, so you need to fill out a Form 1099-INT/OID. Select Close Form, and open a Form 1099-INT/OID, found under Schedule B.

Close Forms Central. To choose a Form 1040A, select Tools/Do You Need 1040? Under the third bullet, on the right, check the Form 1040A box.

Save the file by selecting File/Save from the menu.

Then File/Save As PDF. The software will save two returns - one For Filing and one For Records. Review the Tax Return for Filing.

Select File/Exit to exit the program.

Ch. 1 Incisor

Open H&R Block 2011, and update it.

Select the Start a Return button.

Select Close Form, and then fill out a Dependents Worksheet, found under Form 1040, for Ira. Enter a date of birth for Ira so that he was 17 in 2011.

Select Close Form, and then fill in a W-2 Worksheet, found under Form 1040, for Ivan.

The Incisors have some interest income, so you need to fill out a Form 1099-INT/OID. Select Close Form, and open a Form 1099-INT/OID, found under Schedule B.

Close Forms Central.

This will be a Form 1040, so you don't need to choose the Form - Form 1040 is the default.

Save the file by selecting File/Save As from the menu. Name the return Ivan Incisor Ch 1 2011 Tax Return.

Then File/Save As PDF. The software will save two returns - one For Filing and one For Records. Review the Tax Return for Filing.

Select File/Exit to exit the program.

Ch. 2 Hair

Open H&R Block 2011, and update it.

Select the Start a Return button.

Select Close Form, and then fill in a W-2 Worksheet, found under Form 1040, for each person.

The Hairs have some other types of income besides wages. You need to fill out a separate Form 1099-INT/OID for each interest amount, and a separate Form 1099-DIV for each dividend.

The interest from the City of St. Louis bonds is municipal, tax-exempt interest, so be sure to enter it in the right spot.

Fill out a Form 1099-G, found under Form 1040, for the unemployment compensation.

Close Forms Central. To choose a Form 1040A, select Tools/Do You Need 1040? Under the third bullet, on the right, check the Form 1040A box.

Save the file by selecting File/Save from the menu.

Then File/Save As PDF. The software will save two returns - one For Filing and one For Records. Review the Tax Return for Filing.

The software will not generate a Qualified Dividends and Capital Gain Tax Worksheet as part of the return, but you can view it if you'd like–open a Dividends/Capital Gain Worksheet.

Select File/Exit to exit the program.

Ch. 2 Gomez

Open H&R Block 2011, and update it.

Select the Start a Return button.

Select the Forms button, and select Show All Forms. Start by filling in a Background Worksheet, found under Form 1040. Only fill in the information you have, but you will need to enter dates of birth. Enter the occupations as nouns - look at their employers and be creative!

Select Close Form, and then fill in a W-2 Worksheet, found under Form 1040, for each person.

Fill out a Form 1099-INT/OID for the interest income and a W-2G Worksheet for the lottery winnings.

To enter the alimony paid, open an Attachments Worksheet, found under Form 1040, and enter the information on Page 2.

Close Forms Central.

This is a Form 1040, so you don't need to choose the Form - Form 1040 is the default.

Save the file by selecting File/Save from the menu.

Then File/Save As PDF. The software will save two returns - one For Filing and one For Records. Review the Tax Return for Filing.

Select File/Exit to exit the program.

Ch. 2 Conch

Open H&R Block 2011, and update it.

Select the Start a Return button.

Select the Forms button, and select Show All Forms. Startby filling in a Background Worksheet, found under Form 1040. Only fill in the information you have, but you will need to enter dates of birth. The address for Conch and Duval includes an apartment number - find the special spot for it. Enter the occupations as nouns - look at their employers and be creative!

Select Close Form, and then fill in a W-2 Worksheet, found under Form 1040, for Carl.

Fill out a Form 1099-INT/OID for the interest income, and a Form 1099-DIV for the dividend income.

Fill out a Form 1099-G for the unemployment compensation, and a Form W-2G Worksheet for the raffle prize.

Close Forms Central.

This is a Form 1040, so you don't need to choose the Form - Form 1040 is the default.

Save the file by selecting File/Save from the menu.

Then File/Save As PDF. The software will save two returns - one For Filing and one For Records. Review the Tax Return for Filing.

Select File/Exit to exit the program.

Ch. 2 Incisor

Open H&R Block 2011, and update it.

From the menu, select File/Open Saved Return, and select Open for Ivan Incisor Ch 1 2011 Tax Return.

The Incisors have more interest income, so fill out a separate Form 1099-INT/OID for each interest amount. The interest from the Washington State bonds is municipal, tax-exempt interest, so be sure to enter it in the right spot.

Also fill out a separate Form 1099-DIV for each dividend.

Fill out a Form 1099-G for the unemployment compensation and a W-2G Worksheet for the gambling winnings.

To enter the alimony paid, open an Attachments Worksheet, found under Form 1040, and enter the information on Page 2.

Close Forms Central.

This will be a Form 1040, so you don't need to choose the Form - Form 1040 is the default.

Save the file by selecting File/Save As from the menu. Name the return Ivan Incisor Ch 2 2011 Tax Return.

Then File/Save As PDF. The software will save two returns - one For Filing and one For Records. Review the Tax Return for Filing.

The software will not generate a Qualified Dividends and Capital Gain Tax Worksheet as part of the return, but you can view it if you'd like–open a Schedule D, and see the Schedule D Tax Worksheet below line 22. The software will not generate a Schedule B because it is not required.

Select File/Exit to exit the program.

Ch. 3 Booth

Open H&R Block 2011, and update it.

Select the Start a Return button.

Select Close Form, and then fill in a Dependents Worksheet, found under Form 1040, for each of Ken’s parents. Enter dates of birth for Ken's parents.

Select Close Form, and then fill in a W-2 Worksheet, found under Form 1040, for Ken and one for Amy.

The Booths have some interest income, so you need to fill out a Form 1099-INT/OID.

For Schedule C, open a Schedule C and at the top, select Self or Spouse, depending on whether you listed Amy as the taxpayer or as the spouse on the Background Information Worksheet. Enter a description for A.For B, choose Retail Stores and Dealers, and for Code, choose Book stores. For D, enter 99-9999999. For G, check yes. Check box 32a, 33a Cost and 34 No. Enter the information and amounts.

Forthe NOL, enter it as a negative number on the Attachments Worksheet, found under Form 1040, on the Mini-Worksheet for Line 16.

For Amy's loss on the loan to her friend,open a Capital Gains and Losses Worksheet, found under Schedule D. For 1, enter Non-Business Bad Debt as the Description. Enter 01/01/2011 for the Date acquired and 12/31/2011 for the Date sold. Enter 0 for the Sales price and 20,000 for the Cost.

To avoid the underpayment penalty, open a Form 2210 and check the box on line 7a.

Fill out a W-2G Worksheet for the gambling winnings.

Close Forms Central.

This is a Form 1040, so you don't need to choose the Form - Form 1040 is the default.

Save the file by selecting File/Save from the menu.

Then File/Save As PDF. The software will save two returns - one For Filing and one For Records. Review the Tax Return for Filing.

In addition to the tax forms in the text, the software will generate a Form 1040-V and an Attachments Worksheet.

Select File/Exit to exit the program.

Ch. 3 Long

Open H&R Block 2011, and update it.

Select the Start a Return button.

Select Close Form, and then fill in a Dependents Worksheet, found under Form 1040, for each of the children. Enter dates of birth for the children.

The Longs have some interest income, so you need to fill out a Form 1099-INT/OID. Since the amount of taxable interest is over 1,500, a Schedule B is required. Open a Schedule B, and in Part III,on the Mini-Worksheet for Part III, check the N box for No.

For Russell’s Schedule C, fill in a description for A. For B, Business category is Prof'l, Scientific, &Tech Svces, and the Code is Landscape architecture services. Check Yes for G, and enter the income and expenses. Meals and entertainment go on the Mini-Worksheet for Meal and Entertainment Expenses, line a. The Equipment rent goes on the Mini-Worksheet for Rental and Lease Expenses for Vehicles, Machinery, and Equipment, line b. Check the box on line 32a.

For the home office, open a Form 8829, and in Part I enter the square footage on lines 1 and 2. For Part II, on the Mini-Worksheet for Line 8 for Self-Employed, enter 100% online 1a. Enter the rent on line 18, second column, and the utilities on line 20, second column.

To record the estimated federal income tax payments, open the Background Worksheet, and for line 5a, enter 4/15/2011 and the amount.

Close Forms Central.

This is a Form 1040, so you don't need to choose the Form - Form 1040 is the default.

Save the file by selecting File/Save from the menu.

Then File/Save As PDF. The software will save two returns - one For Filing and one For Records. Review the Tax Return for Filing.

Select File/Exit to exit the program.

Ch. 3 Freeweights

Open H&R Block 2011, and update it.

Select the Start a Return button.

Select Close Form, and then fill in a Dependents Worksheet, found under Form 1040, for Arnold. Enter a date of birth for Arnold.

Freeweights has some interest income, and you need to fill out a separate Form 1099-INT/OID for each interest amount. Since the amount of taxable interest is over 1,500, a Schedule B is required. Open a Schedule B, and in Part III,on the Mini-Worksheet for Part III, check the N box for No.

For Freeweights' Schedule C, fill in a description for A. For B, Business category is Personal & Laundry Services, and the Code is Other personal care services. Check Yes for G, and enter the income and expenses.The Equipment rent goes on the Mini-Worksheet for Rental and Lease Expenses for Vehicles, Machinery, and Equipment, line b. Check the box on line 32a.

To record the estimated federal income tax payments, open the Background Worksheet, and on 5a, enter 4/15/2011 and the amount.

Close Forms Central.

This is a Form 1040, so you don't need to choose the Form - Form 1040 is the default.

Save the file by selecting File/Save from the menu.

Then File/Save As PDF. The software will save two returns - one For Filing and one For Records. Review the Tax Return for Filing.

Select File/Exit to exit the program.

Ch. 3 Incisor

Open H&R Block 2011, and update it.

From the menu, select File/Open Saved Return, and select Open for Ivan Incisor Ch 2 2011 Tax Return.

For Irene's Schedule C, fill in a description for A. For B, Business category is Retail Stores and Dealers, and the Code is Automotive parts, accessories, & tire stores. Check Yes for G, and check the box for H. Enter the income and expenses. Meals go on the Mini-Worksheet for Meal and Entertainment Expenses, line a. Check the box on line 32a.

For Part III, Cost of Goods Sold, line 33, check box a Cost, and for line 34 check No.

To enter the information on the vehicle, open a Vehicle Worksheet, found under Form 4562. For Part 1, line a, fill in the description and for line b, select Schedule C. For Part 2, line a, enter 9/1/2011, and for line d, enter 4. For f-2, enter 1,472, for g, enter 5,000, and for i, enter 17,000. For Part 6, check line a. For Part 8, line c, check Standard mileage. And for Part 9, answer Y for Yes for lines a, b, d and e.

Close Forms Central.

This will be a Form 1040, so you don't need to choose the Form - Form 1040 is the default.

Save the file by selecting File/Save As from the menu. Name the return Ivan Incisor Ch 3 2011 Tax Return.