site-help
HelpRegister
Preparing Your Investment Club Taxes

This presentation discusses all the steps you need to follow to prepare your annual investment club tax returns.

You can download a PDF of the presentation here.

Videos

  • Intro - What you need to file, the process you'll use and key timeline points you'll be working with.

  • Step 1 - This video describes briefly the importance and process of doing an audit to make sure your bivio records are ready to be used to prepare taxes.

  • Step 2 - In this step, dividend entries in bivio are checked against the brokers 1099 and any last minute adjustments are made.

  • Step 3 - In this step, cost basis and capital gain/loss in bivio are checked against the brokers 1099 and any discrepancies are resolved.

  • Step 4 - In this step, you take a tax interview to answer some final questions needed to generate your tax club tax return and member K-1's.

  • Steps 5 and 6 - In these steps you generate your tax returns and review the information that has been entered on them. Information is also provided about state tax requirements and filing your return.

More questions? More Help