USING TWO TRAINING

1. USING TWO TRAINING On line access to the training version of TaxWise software

2. Setting up your TWO Training account • You must use IE on a Windows machine (sad but true) • Go to https://twonline.taxwise.com/training • Enter client id provided by instructor • Enter user name provided by instructor, should be of form “usernn”, e.g. AARP34 • Initial password is same as user name • Change password (required) • Select and answer security question (required). We recommend that the answer to your security question be “Oregon”, whatever the question.

3. Using TWO Training • Go to https://twonline.taxwise.com/training • Log in with client id, username, password • Make sure background is GREEN • Click on New Return button on upper left • For SSN use • First 3 digits from problem/test scenario • Middle 2 digits from your username • Last 4 digits EFIN supplied by instructor • Choose “Go to Tax Forms” (NOT “Interview”) • Note: failed login attempts policy is draconian, be careful

4. Exploring TWO Training • Main Information Page • Demographic Information • Filing Status • Dependents • Form 1040 • Note carry-over from Main Info Page

5. Exploring TWO Training • Form 1040 major sections • Income • Adjustments • Deductions • Tax Computation • Non-Refundable Credits • Additional Taxes • Refundable Credits