Hi:
Is March 15, 2019 the deadline for filing club tax returns?
Is there an earlier deadline for distributing K1's to
partners?
Thanks,
scott
MICHAEL LEANA on
Laurie: the consolidated 1099's seem to be coming in earlier this year for some reason, but that's good. When can we expect to be able to access bivio's tax program so that we can begin working on our investment club's 2018 taxes. At the moment, we can't access our 2018 tax info from bivio, to begin verifying our numbers.
Mike LeAna, Treasurer
Bulls&Bears
On December 17, 2018 at 6:55 AM Laurie Frederiksen <laurie@bivio.biz> wrote:
The due date both for filing your return and for getting K-1's to your members is March 15.
Part 1 of our recent webinar discusses your tax filing requirements including a timeline we recommend for getting your taxes done:
Hi: Is March 15, 2019 the deadline for filing club tax returns? Is there an earlier deadline for distributing K1's to partners? Thanks, scott
Scott Freeman on
Our bivio tax info is available in the "Reports" page. It is detailed under:
1099-B Review Form 1099-INT/DIV Review Form
There is a separate "Generate" button for these reports. They will not be produced by hitting return with the appropriate radio dot selected. The default year must also be changed before generating the report. Hope this helps.
Laurie: the consolidated 1099's seem to be coming in earlier this year for some reason, but that's good. When can we expect to be able to access bivio's tax program so that we can begin working on our investment club's 2018 taxes. At the moment, we can't access our 2018 tax info from bivio, to begin verifying our numbers.
Mike LeAna, Treasurer
Bulls&Bears
On December 17, 2018 at 6:55 AM Laurie Frederiksen <laurie@bivio.biz> wrote:
The due date both for filing your return and for getting K-1's to your members is March 15.
Part 1 of our recent webinar discusses your tax filing requirements including a timeline we recommend for getting your taxes done:
Hi: Is March 15, 2019 the deadline for filing club tax returns? Is there an earlier deadline for distributing K1's to partners? Thanks, scott
Laurie Frederiksen on
If you have your 1099 form, you can do the first three steps of the tax preparation process now. These are the most time consuming and the most important as they involve making sure the information in bivio which will be used to generate your tax forms is correct.
The are:
1. Do a club Audit. This describes what you should do:
2. Compare your 1099 INT and 1099 DIV to the bivio 1099 INT/DIV review report on the Accounting>Reports page. Make any corrections or adjustments needed to correct your bivio data based on what is reported on your 1099.
3. Compare your 1099-B to the bivio 1099-B review report on the Accounting>Reports page. Make any corrections or adjustments needed to correct your bivio data based on what is reported on your 1099.
We anticipate that the tax interview which is needed to generate your tax forms will be available no later than the middle of February. There were a lot of changes for this year and finalized information about them has been slow to come out.
If you have done the steps listed above before that, your tax preparation will go very quickly once it is available.
Laurie Frederiksen Invest with your friends! www.bivio.com
Our bivio tax info is available in the "Reports" page. It is detailed under:
1099-B Review Form 1099-INT/DIV Review Form
There is a separate "Generate" button for these reports. They will not be produced by hitting return with the appropriate radio dot selected. The default year must also be changed before generating the report. Hope this helps.
Laurie: the consolidated 1099's seem to be coming in earlier this year for some reason, but that's good. When can we expect to be able to access bivio's tax program so that we can begin working on our investment club's 2018 taxes. At the moment, we can't access our 2018 tax info from bivio, to begin verifying our numbers.
Mike LeAna, Treasurer
Bulls&Bears
On December 17, 2018 at 6:55 AM Laurie Frederiksen <laurie@bivio.biz> wrote:
The due date both for filing your return and for getting K-1's to your members is March 15.
Part 1 of our recent webinar discusses your tax filing requirements including a timeline we recommend for getting your taxes done: