Quickly and effortlessly verify the accuracy of your client’s Form 8949 prior to filing.
Provides tax professionals with an unprecedented opportunity to expand their business offerings to include 1099-B verification and 8949 reporting.
Innovative design contains color-coded alerts that indicate varying degrees of deviation from accurate cost basis calculations for the selected securities.
Adjust inaccurate cost basis for “covered” or “non-covered” to the correct value on form 8949.
Populate, verify and export accurate form 8949 to the revised Schedule D.
Powered by the award-winning Netbasis cost basis application.
Auto-connect to a brokerage firm’s database files utilizing existing API protocols and then securely transmit with the client’s authenticated permission through an alphanumeric identifier.
Convert paper 1099-B data in PDF format into Excel using (ABBYY) OCR software.
Auto data map 1099-B data in Excel into structured template using Excel Macro features
Verify your client’s 1099-B information submitted
Export verified information to complete 8949 and Schedule D forms or upload into tax accounting software