Every W-2, 1099 and K-1 transcribed and tied, the filed prior year reproduced line by line, and a provisional estimate of the refund or balance due before your preparer opens the software.
Cover with the taxpayer facts and a document inventory that flags duplicates. PY-Proof, the filed prior year reproduced with its own checks. A two-year comparison with a comment on the material moves. Wages and interest and dividends from each form. Capital gains by Form 8949 box, never lot by lot. Schedule E and K-1s with every box and statement mapped, outside basis rolled and passive losses gated in order. QBI, credits and other taxes. Estimated payments and safe harbor. A carryforward manifest for next year.
From the prior year the engine works out what this year's file should contain, a W-2 per employer, a 1099 per payer, a K-1 per entity, and compares it to what the client sent. Anything expected and missing becomes an Open Item naming the exact document, and the client request is drafted for you.
Materiality for open items, how you carry 1099-B activity, state items, a separate Form 7203 tab: set them once in Firm settings and every workbook follows them.
The prior-year return, every page, and whatever the client sent for this year: PDFs, scans, phone photos or a zip. Each document is identified, renamed and filed into your folder tree.
From $79 per 1040 workbook, priced by the size of the return (Standard $79, Complex $149, Advanced $249), including the document organizing, every reprocess of the open items and the client emails. Your first workbook is free with your firm's email.
Yes. Every K-1 box and statement is mapped, basis is rolled per entity, and passive losses are tracked by activity, including carryovers the prior preparer reported.
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