Giving K-1s to members (include state too?)
It is at this time of year that I am reminded what a bargain the Bivio service is. Thanks Bivio!
I have done the club taxes & distributed most as paper copies at the club meeting. I printed the club's Federal & State PDFs as generated by Bivio and grabbed member forms out of that stack. I'll reprint to send a complete stack to the IRS & State.
[x] I gave each member present at the meeting their 1 page federal K-1.
[?] I also gave them their California pages too, but maybe that is unnecessary?
[x] plus I will give the withdrawn members their withdrawal report from the end of the Fed K-1 PDF stack.
Even though this is not a big deal either way I still have some to distribute and if I don't need to give them the state forms, I still have an opportunity not to.
Best,
Dave Nathanson
Hawaiian Shirt Society
I have done the club taxes & distributed most as paper copies at the club meeting. I printed the club's Federal & State PDFs as generated by Bivio and grabbed member forms out of that stack. I'll reprint to send a complete stack to the IRS & State.
[x] I gave each member present at the meeting their 1 page federal K-1.
[?] I also gave them their California pages too, but maybe that is unnecessary?
[x] plus I will give the withdrawn members their withdrawal report from the end of the Fed K-1 PDF stack.
Even though this is not a big deal either way I still have some to distribute and if I don't need to give them the state forms, I still have an opportunity not to.
Best,
Dave Nathanson
Hawaiian Shirt Society
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I too like Bivio. I send the electronic forms to local UPS store for printing 3 copies for government, members and me.
Sent from my iPhone
Sent from my iPhone
Thanks Dave.
You need to give each member a copy of the K-1 instructions (page 2) also. There is a link to it on the Accounting>Taxes page.
You do have to give any member who resides in CA their copy of their CA information.
If your members have online access they can login and get their federal and state forms themselves. Then you'd just have to give out any withdrawal reports that needed to be distributed.
Laurie Frederiksen
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www.bivio.com
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I'd be very cautious about sending that file to a public facility for
printing. The file contains SS numbers on your members K-1's.
From: Edward Kennedy
Sent: Thursday, March 02, 2017 4:18 PM
Subject: Re: [club_cafe] Giving K-1s to members
I too like Bivio. I send the electronic forms to local UPS store for
printing 3 copies for government, members and me.
Sent from my iPhone
Sent from my iPhone
Thanks Dave.
You need to give each member a copy of the K-1 instructions (page 2) also. There is a link to it on the Accounting>Taxes page.
You do have to give any member who resides in CA their copy of their CA information.
If your members have online access they can login and get their federal and state forms themselves. Then you'd just have to give out any withdrawal reports that needed to be distributed.
Laurie Frederiksen
Invest with your friends!
www.bivio.com
Become our Facebook friend! www.facebook.com/bivio
Follow us on twitter! www.twitter.com/
Follow Us on Google+
Click here to Subscribe to the Club Cafe email list. Click here to Unsubscribe
If the withdrawing members still have access to bivio, can't they print out their own withdrawal reports, like the K-1's?
Denny McCarthy
From: "Laurie Frederiksen" <laurie@bivio.biz>
To: "The Club Cafe" <club_cafe@bivio.com>
Sent: Thursday, March 2, 2017 2:51:54 PM
Subject: Re: [club_cafe] Giving K-1s to members (include state too?)
To: "The Club Cafe" <club_cafe@bivio.com>
Sent: Thursday, March 2, 2017 2:51:54 PM
Subject: Re: [club_cafe] Giving K-1s to members (include state too?)
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Why would you continue to give a withdrawn member access to bivio? Once their withdrawal is complete their access to bivio would terminate; I would think.
Ann Merrick
From: club_cafe@bivio.com <club_cafe@bivio.com> on behalf of dennymccarthy@comcast.net <dennymccarthy@comcast.net>
Sent: Thursday, March 2, 2017 9:11 PM
To: club cafe
Subject: Re: [club_cafe] Giving K-1s to members (include state too?)
Sent: Thursday, March 2, 2017 9:11 PM
To: club cafe
Subject: Re: [club_cafe] Giving K-1s to members (include state too?)
If the withdrawing members still have access to bivio, can't they print out their own withdrawal reports, like the K-1's?
Denny McCarthy
From: "Laurie Frederiksen" <laurie@bivio.biz>
To: "The Club Cafe" <club_cafe@bivio.com>
Sent: Thursday, March 2, 2017 2:51:54 PM
Subject: Re: [club_cafe] Giving K-1s to members (include state too?)
To: "The Club Cafe" <club_cafe@bivio.com>
Sent: Thursday, March 2, 2017 2:51:54 PM
Subject: Re: [club_cafe] Giving K-1s to members (include state too?)
|
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Many clubs allow withdrawn members access to bivio so that they can retrieve their tax documents at the end of the year. Once the final K-1 is retrieved they remove access.
Ira Smilovitz
On Thu, Mar 2, 2017 at 11:35 PM, Ann <aemerr@hotmail.com> wrote:
Why would you continue to give a withdrawn member access to bivio? Once their withdrawal is complete their access to bivio would terminate; I would think.
Ann Merrick
From: club_cafe@bivio.com <club_cafe@bivio.com> on behalf of dennymccarthy@comcast.net <dennymccarthy@comcast.net>
Sent: Thursday, March 2, 2017 9:11 PM
To: club cafe
Subject: Re: [club_cafe] Giving K-1s to members (include state too?)If the withdrawing members still have access to bivio, can't they print out their own withdrawal reports, like the K-1's?Denny McCarthy
From: "Laurie Frederiksen" <laurie@bivio.biz>
To: "The Club Cafe" <club_cafe@bivio.com>
Sent: Thursday, March 2, 2017 2:51:54 PM
Subject: Re: [club_cafe] Giving K-1s to members (include state too?)
Thanks Dave.
You need to give each member a copy of the K-1 instructions (page 2) also. There is a link to it on the Accounting>Taxes page.
You do have to give any member who resides in CA their copy of their CA information.
If your members have online access they can login and get their federal and state forms themselves. Then you'd just have to give out any withdrawal reports that needed to be distributed.
Laurie Frederiksen
Invest with your friends!
www.bivio.com
Become our Facebook friend! www.facebook.com/bivio
Follow us on twitter! www.twitter.com/
Follow Us on Google+
Click here to Subscribe to the Club Cafe email list. Click here to Unsubscribe
Just so they can get their tax info on-line.
From: "Ann" <aemerr@hotmail.com>
To: "club cafe" <club_cafe@bivio.com>
Sent: Thursday, March 2, 2017 11:35:24 PM
Subject: Re: [club_cafe] Giving K-1s to members (include state too?)
To: "club cafe" <club_cafe@bivio.com>
Sent: Thursday, March 2, 2017 11:35:24 PM
Subject: Re: [club_cafe] Giving K-1s to members (include state too?)
Why would you continue to give a withdrawn member access to bivio? Once their withdrawal is complete their access to bivio would terminate; I would think.
Ann Merrick
From: club_cafe@bivio.com <club_cafe@bivio.com> on behalf of dennymccarthy@comcast.net <dennymccarthy@comcast.net>
Sent: Thursday, March 2, 2017 9:11 PM
To: club cafe
Subject: Re: [club_cafe] Giving K-1s to members (include state too?)
Sent: Thursday, March 2, 2017 9:11 PM
To: club cafe
Subject: Re: [club_cafe] Giving K-1s to members (include state too?)
If the withdrawing members still have access to bivio, can't they print out their own withdrawal reports, like the K-1's?
Denny McCarthy
From: "Laurie Frederiksen" <laurie@bivio.biz>
To: "The Club Cafe" <club_cafe@bivio.com>
Sent: Thursday, March 2, 2017 2:51:54 PM
Subject: Re: [club_cafe] Giving K-1s to members (include state too?)
To: "The Club Cafe" <club_cafe@bivio.com>
Sent: Thursday, March 2, 2017 2:51:54 PM
Subject: Re: [club_cafe] Giving K-1s to members (include state too?)
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Thank you. Makes sense.
Ann
From: club_cafe@bivio.com <club_cafe@bivio.com> on behalf of ira smilovitz <ira.smilovitz@gmail.com>
Sent: Friday, March 3, 2017 5:41 AM
To: club_cafe@bivio.com
Subject: Re: [club_cafe] Giving K-1s to members (include state too?)
Sent: Friday, March 3, 2017 5:41 AM
To: club_cafe@bivio.com
Subject: Re: [club_cafe] Giving K-1s to members (include state too?)
Many clubs allow withdrawn members access to bivio so that they can retrieve their tax documents at the end of the year. Once the final K-1 is retrieved they remove access.
Ira Smilovitz
On Thu, Mar 2, 2017 at 11:35 PM, Ann <aemerr@hotmail.com> wrote:
Why would you continue to give a withdrawn member access to bivio? Once their withdrawal is complete their access to bivio would terminate; I would think.
Ann Merrick
From: club_cafe@bivio.com <club_cafe@bivio.com> on behalf of dennymccarthy@comcast.net <dennymccarthy@comcast.net>
Sent: Thursday, March 2, 2017 9:11 PM
To: club cafe
Subject: Re: [club_cafe] Giving K-1s to members (include state too?)If the withdrawing members still have access to bivio, can't they print out their own withdrawal reports, like the K-1's?Denny McCarthy
From: "Laurie Frederiksen" <laurie@bivio.biz>
To: "The Club Cafe" <club_cafe@bivio.com>
Sent: Thursday, March 2, 2017 2:51:54 PM
Subject: Re: [club_cafe] Giving K-1s to members (include state too?)
Thanks Dave.
You need to give each member a copy of the K-1 instructions (page 2) also. There is a link to it on the Accounting>Taxes page.
You do have to give any member who resides in CA their copy of their CA information.
If your members have online access they can login and get their federal and state forms themselves. Then you'd just have to give out any withdrawal reports that needed to be distributed.
Laurie Frederiksen
Invest with your friends!
www.bivio.com
Become our Facebook friend! www.facebook.com/bivio
Follow us on twitter! www.twitter.com/
Follow Us on Google+
Click here to Subscribe to the Club Cafe email list. Click here to Unsubscribe