There are new versions of the Tax-Aide Scope Manual (TY2017, release 4) and NTTC modified 4012 (dated 23 Feb 2018) available on the One Support Help Center. We recommend that each site have ready access to each document (electronic access is encouraged).
Tax-Aide has issued five CyberTax bulletins for this tax season. All can be found on One Support Help Center (search “CyberTax”) and every site should be familiar with them. The two latest are particularly important.
- 20 Feb 2018, CyberTax TY2017-04: Volunteer Tax Alert 2018-03, Information About a Tax Refund Scheme
- 26 Feb 2018, CyberTax TY2017-05: IRS Volunteer Tax Alert – 2018-05 Update on Extender Provisions
Note that TaxSlayer is still in the process of re-activating the extender provisions; as of today, the nonbusiness energy credits are not yet implemented.
As a reminder for all Massachusetts Tax-Aide volunteers – exclusion of qualified principal residence indebtedness remains out-of-scope regardless of the the extender provisions.