NTTC Workbook

For use by AARP Foundation Tax-Aide volunteers only. AARP Foundation Tax-Aide creates materials for exclusive use by Tax-Aide volunteers only. All other use is prohibited unless written permission is granted.

New Counselors

New counselors will be guided by an instructor (or assigned coach) who will introduce them to TaxSlayer - logging in and getting to the Practice Lab. Instructors and coaches guiding new counselors should integrate the Workbook problems with appropriate references in NTTC Pub 4012, NTTC Pub 4491 , and with the NTTC new volunteers training videos/slide decks. Instructors and coaches will work with new counselors as they complete their training, modifying training as necessary.

New counselors will be introduced to the tax return with four classroom exercises (returns) found in the Workbook. The goal is completion of four returns in class: Andrews, Baker, Caldwell, Davenport.

For certification, new counselors should complete at least four returns, normally outside the classroom, from the Workbook. Districts may modify certification requirements for new counselors to best meet their training needs. The suggested exercises are: TBD

Returning Counselors

NTTC Workbook Resources Links

NTTC Workbook - The new Workbook team created a new and vastly improved book for this year. Each exercise has a clearly stated purpose, has all information required for the exercise, and has TY24 answers (AGI only).

From NTTC, three items to be aware of:

Garibaldi (p. 28) – College expenses exceed $2,000 thus covering the entire IRA withdrawal. The penalty exception for early withdrawal from the IRA is the education exception. The teaching point is TC must ask questions about the withdrawal's use.
Hanson (p. 32) – Filing status is HOH since TP supports a dependent adult.
Uber Driver – Jackson (p. 119) – The Uber tax summary shows driver reimbursement of $207 for tolls, airport fees, and surcharges. BUT, these expenses are charged to the rider, so the 1099-K includes $207. So, to report accurate income for the driver, $207 should be included in total expenses reported on Schedule C. The Uber statement shows Expenses, Fees and Tax of $5,759 to which $207 is added for total expenses of $5,966. See Understanding Uber's Tax Summary.

Workbook Matrix Excel

Quizzes

Workbook Answers - Covers only core and classroom exercises TY24 for now. TY25 answers will be provided for all exercises eventually.

NTTC Workbook Certification Exercises for Returning Counselors

Certification exercises are selected to test the knowledge of returning counselors and to prepare counselors for the IRS certification test. The four required certification exercises are:

TBD

For state certification, follow the supplemental information shown below:

None of the tax exempt interest or exempt interest dividends is from the state being worked on.