1041 Leadsheets checklist

Make sure
Import TR
is done from GoSystem Tax RS before reconciling the variances in leadsheets.
Leadsheets variances to be explained in the following sequence:
Form 1041 Page2
Form 1041 Page1
Check the reference type (that is, Red, Blue Orange). Use Red and Orange references for leadsheets calculations. Don't use Blue references in leadsheets calculations.
Check fields with the dagger
†
sign, the user should enter the data manually from the tax software into the leadsheets.
Fields with the
(T/R)
sign indicates that the amount will be populated through the
Import TR
process.
For the
Grantor Trust
type the data won't transfer into
Form 1041
. It will transfer into the
Grantor Letter
sheet.
If there is a variance in Exp Allocation Worksheet (Manual), make sure the Taxable Income is entered in Line 2.
Check the input in SPbinder and in GoSystem Tax RS is entered correctly when reconciling the variances in leadsheets.

Data not flowing to/from CCH Axcess Tax

SurePrep processes only the following selected Type of Entities returns. Export and Import TR functionality works only for these Leadsheets.

Check the
Type of Entity
in the binder.