Basic Income: W-2, Interest & Dividends

After this session, attendees should be able to:
• Understand the importance of accuracy in inputting the W-2 especially boxes 10, 12, 14 and multistate filers
• Recognize the 414H, IRC125 and NJ wages issue
• Implement a system to double-check one’s own inputting to ensure accuracy and completeness
• Properly recognize and report interest income
• Recognize the importance of US Govt interest and municipal interest and its proper reporting
• Properly recognize and report dividend income in its usual and unusual components
• Be aware of nominee income