Professional Editions - Add or Edit Master Information

To access the Preparer Master Information window:

From within your TaxAct® Professional Edition program, click Preparer in the upper menu bar, hover your mouse over Master Information, then click Practice.

Available options in the Preparer Master Information window include:


  • Practice Name
  • Practice ID
  • EIN
  • Check if self-employed
  • Address
  • Foreign address
  • Contact information


  • Add, edit, or deactivate preparers
  • Show active, inactive, or all preparers

Client Status

  • Client return status
  • Client pay status
  • Add, edit, or delete status


  • Restore default location
  • Browse to edit location
  • Client Data Directory
  • PDF Directory
  • Log Files Directory
  • Auto Backup Directory
  • E-files Directory


  • 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
    • When the return qualifies, file Form 1040-SR instead of Form 1040 on all returns - (1040 only)
    • File Form 1040NR instead of Form 1040NR-EZ on all returns - (1040 only)
    • File State 'Long Forms' instead of State 'Short Forms' on all returns - (1040 only)
    • Print Schedule B even if under $1,500 - (1040 only)
    • Automatically lock returns after E-Filing
  • Miscellaneous Options
    • Assign invoice number to all new and imported returns
      • Next invoice #
      • Increment Invoices By
    • Show message on return open indicating that refund has changed due to an updated or different version of TaxAct
    • Do not include social security number(s) or direct deposit information on Tax Organizers - (1040 only)
  • Calculation Options (1040 only)
    • The IRS should compute Form 2210 - Underpayment Penalty (TaxAct will not compute penalty)
    • States will compute the underpayment penalty (TaxAct will not compute penalty).
    • Automatically complete Boxes 3-6 of Form W-2 based on Box 1 and Box 12 entries.
    • Automatically complete Box 16 State Wages of Form W-2 based on Box 1 entry.
    • Automatically complete 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).