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Required Information [The following Information applies to the questions displayed below.] Consider the following narrative describing the process of preparing an income tax return:
Required Information [The following Information applies to the questions displayed below.] Consider the following narrative describing the process of preparing an income tax return: Each year before April 15, you file your Income taxes. You collect multiple W-2 and 1099 documents. You prepare your tax return and double-check it for accuracy. You file your forms. You mail your documents to the IRS. If you are getting a refund, you wait to receive your refund by check and deposit your refund in your bank account. Assemble W-2 and 1099 documents Time to prepare and file federal taxes Write Check Yes Download IRS forms Owe? Fill out Forms No Print Forms Receive and Deposit Refund Yes Refund? Mail Tax Filling No Required: a. If you owe money, you write a check while you print the forms. You mall your documents to the IRS. You fill out the forms, double- check your work, and print them out. If you are getting a refund, you wait to receive your refund by check and deposit your refund In your bank account. For each step in the diagram from the beginning, enter the appropriate symbol and label. If two events can occur at the same time, enter Information for both. The 2nd, 6th, and 10th steps have been entered for examples. Select from the following symbols a. Start Event b. End Event c. Intermediate Event d. Task e. Exclusive Gateway f. Inclusive Gateway g. Parallel Gateway h. Looping Task I. Intermediate Timer Event J. Intermediate Error Event k. Start Timer Event Select from the following labels a. Assemble W-2 and 1099 Forms b. Download IRS forms and Instructions c. Fill out forms d. Mail Tax Filing e. Print Forms f. Receive and Deposit Refund g. Write check x. No label (If there is no appropriate label for a particular step, select 'No label'. If more than one symbol or label is appropriate for a given step, select the choice that represents all possible choices.) Step Symbol(s) Label(s) 1 2 Task and Looping Task Assemble W-2 and 1099 Forms 3 4 5 6 Task and Task Write check and Print Forms 7 8 9 10 Inclusive Gateway and End Event Receive and Deposit Refund and No label 11
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