Professional Editions - Add or Edit Master Information
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To access the Preparer Master Information dialog box:
Start your TaxAct® Preparer's program
Click on Preparer in the top menu
Hover your mouse over Master Information and click Preparers
Click on Add to add a preparer or click on the pencil to modify a preparer in the program
Available tabs in the Preparer Master Information section are as follows:
Practice
Edit practice information including address
Preparers
add/edit or delete preparers
Select a Default Preparer
Client Status
for Client Manager display fields - regarding Client Return Status and Client Pay Status
Security
password protection selections
Directories
Computer location of the following directories:
Client Data Directory
PDF Directory
Log Files Directory
Auto Backup Directory
E-files Directory
Temp Files Directory
General ((Filing/Printing Options, Miscellaneous Options, Calculation Options) in each section of this tab you can control various options available in the Preparer program (i.e. toggle them on or off))
Filing/Printing Options:
Print the preparer's name in the Preparer's Signature Field
Print the current date in the Preparer's Signature Date Field
Print all capital gain/loss transactions on Form 8949
Do not print Schedule K-1 Page 2 (codes) (1065, 1120S and 1041 only)
File Form 1040/1040NR instead of short forms on all returns (1040 only)
File Schedule C instead of Schedule C-EZ on all returns
File State "Long Forms" instead of State "Short Forms" on all returns (1040 only)
Print Schedule B even if the total is under $1,500 (1040 only)
Miscellaneous Options:
Assign invoice numbers to all new and imported returns (and selection of the number to begin with and increase by)
Whether to show message on return open indicating that refund has changed due to an updated or different version of TaxAct
Whether to include social security number(s) or direct deposit information on Tax Organizers (1040 only)
Calculations Options (1040 only):
Whether the IRS should compute Form 2210 - Underpayment Penalty (TaxAct will not computer penalty)
States will compute the underpayment penalty (TaxAct will not compute penalty)
Automatic completion of Boxes 3-6 of Form W-2 based on Box 1 and Box 12 entries
Automatic completion of Box 16 State Wages of Form W-2 based on Box 1 entry
Automatic completion of Box 18 Local Wages of Form W-2 based on Box 1 entry
Do not automatically compute state sales or use tax (New York returns only)
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