Policy document
Table of Content
OUTSOURCE LITE WORK FLOW ........................................................................................................................................................................... 3
OUTSOURCE LITE POLICY – TAX YEAR 2012 ...................................................................................................................................................... 5
REVIEW OF WORK DONE BY OUTSOURCE LITE PROCESS ........................................................................................................................... 39
Outsource Lite Policy 2012
Page 2 of 40
Outsource Lite Work Flow
1) When an engagement is submitted to SurePrep for Outsource Lite, the review option functionality provides an option to the user to
process the post verification wizards, either In-house or by SurePrep.
2) The post verification wizards start with Step 3 and ends with Step 7 as follows:
A) Step 3: Superseded wizard
B) Step 4: Child Form Association wizard
C) Step 5: Duplicate wizard
D) Step 6: New Form Review wizard
E) Step 7: Tax Exempt Interest wizard
3) The “Outsource Lite Only” section provides two sub-options, Yes & No.
4) Selecting “Yes” option will select all the wizards to be processed by SurePrep, except for the “Tax Exempt interest income wizard”.
A)
B)
C)
D)
E)
F)
Step 1: Verification Wizard
Step 2: SP Verification Wizard
Step 3: Superseded Documents
Step 4: Child Form Review Wizard
Step 5: Duplicate Wizard
Step 6: New Form Review Wizard
Outsource Lite Policy 2012
Page 3 of 40
5) If “No” option is selected, SurePrep will process the following wizards.
A) Step 1: Verification Wizard
B) Step 2: SP Verification Wizard
Note: If you select the “No” option, and if you have checked the boxes for any of the steps to skip it from the review process, it will not
appear at your end.
Outsource Lite Policy 2012
Page 4 of 40
Outsource Lite Policy – Tax Year 2012
1) Outsource Lite (OSL) is a service provided by SurePrep that processes source documents specified in this policy.
2) Specific procedures and standards are followed for OSL.
3) OSL identifies, analyzes and captures the following source document types:
A) IRS Forms:
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W-2: Wages
W-2G: Gambling Winnings
1099-B: Sale & Disposition of shares and securities
1099-INT: Interest
1099-DIV: Dividend
1099-C: Cancellation of Debt
1099-G: State/Local Income Tax Refund
1099-LTC: Long Term Care Benefits
1099-MISC: Miscellaneous Income
1099-OID: Original Issue Discount
1099-PATR: Patronage Dividends
1099-R: Retirement Income
1099-RRB
SSA-1099: Social Security Benefits
1099-Q: Payment from Qualified Education Programs
1099-SA: Distribution from an HSA, Archer MSA or Medicare advantage MSA
Schedule K-1 Form 1065: Partnership Income
Schedule K-1 Form 1120S: S Corporation Income
Schedule K-1 Form 1041: Trust Income
1098: Mortgage Interest Expense
1098-T: Tuition and Fees Expenses
1098-E: Student Loan Interest Expense
5498: Retirement contribution
MA 1099-HC: Individual Mandate – Massachusetts Health Care Coverage
Form CCC-1099G
Form CSA 1099R - Statement of Survivor Annuity paid
1065B
Outsource Lite Policy 2012
Page 5 of 40
xxviii)
xxix)
xxx)
xxxi)
xxxii)
1099-K
K-1 Cover Letter
K – 1 Package
Form 5498-SA - Contribution from an HSA, Archer MSA or Medicare advantage MSA
Resident State K-1s:
(a) CA
(b) IL
(c) MA
(d) NJ
(e) NY
(f) OH
(g) PA
(h) VT
(i) WI
(j) AL
(k) DC (1065)
(l) KY
(m) MS (1065)
(n) VA
(o) WV
(p) AR(1065)
(q) NC
(r) MD
(s) SC
xxxiii) Nonresident State K-1s (Applicable to all taxsoftware except for UltraTax)
(a) AL
(b) AR (1065)
(c) IL
(d) KY
(e) MA
(f) MD
(g) MS (1065/1120S)
(h) NC
(i) NJ
Outsource Lite Policy 2012
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(j)
(k)
(l)
(m)
(n)
(o)
OH
PA
SC
VA
VT
WV
xxxiv) Nonresident State K-1s (except for GoSystem RS & UltraTax):
(a) CA
(b) NY
(c) WI
B) Organizer Pages:
i) Organizer pages for the following tax software:
(a)
GoSystem Tax RS
The following documents will be bookmarked as well as all the data will be captured from it:
1) Taxpayer Information
2) Dependent Information
3) Dividend Income - 1099-DIV
4) Brokerage Income - Consolidated 1099
5) Interest Income - 1099-INT
6) Miscellaneous Income
7) Schedule C - Profit or Loss from Business or Profession (Income)
8) Schedule C - Profit or Loss from Business or Profession (Expense)
9) Schedule C - Profit or Loss from Business or Profession (Depreciation)
10) Retirement Distributions
11) Rent and Royalty Income and Expense
12) Rent and Royalty Income and Expense (Depreciation)
13) Capital Gains and Losses
14) Farm Income and Expense (Income)
15) Farm Income and Expense (Expense)
16) Farm Income and Expense (Depreciation)
Outsource Lite Policy 2012
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Farm Income Averaging
Adjustments to Income
Medical Expenses and Taxes
Noncash Charitable Contributions
Interest Expense
Charitable Contributions & Misc. Itemized Deductions
Moving Expenses and Storage Costs in Connection with Employment
Household Employment Taxes
Foreign Tax Credit
Credits
Child and Dependent Care Expenses
Credits - Residential Energy/Alternative Motor Vehicle
Employee Compensation and Withholding
Interest Income - Other
Payments of 2012 Federal, State & City Estimated Tax
Nonresident Alien
Taxpayer Information - Nonresident Alien
The following will only be bookmarked (i.e. no data will be captured):
1) Office-in-Home
2) Vacation Home and Other Rental Properties with Personal and Business Use
3) Office-in-Home, Vacation Home and Other Rental Properties with Personal and Business Use
4) Foreign Bank Account Information
5) Business Expense Schedule and Form 2106
6) Business Expense Schedule and Form 2106 - Vehicle Expenses
7) Business Expense Schedule and Form 2106 - Depreciation
8) Foreign Earned Income Compensation
9) Foreign Housing Expenses
10) Foreign Residence - General Information
11) Foreign Residence - General Information (Contd)
12) Foreign Travel Information
13) Installment Sales
14) Miscellaneous Questions
15) Schedule K-1: Partnerships, Estates and Trusts, S Corporations
Outsource Lite Policy 2012
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16) State Organizers - AZ, CA, CO, CT, DC, GA, IA, IL, IN, MA, MD, MI, MO, MN, NC, NY, NJ, OH,
OK, PA, VA, WI.
(b)
ProSystem fx Tax
The following documents will be bookmarked as well as all the data will be captured from it:
1) Personal Information
2) Dependents and Wages
3) Direct Deposit & Withdrawal
4) Electronic Filing
5) Electronic Filing – 2
6) Refund Options
7) Foreign Assets page 1
8) Foreign Assets page 2
9) Interest Income
10) Interest Income and Foreign Information
11) Dividend Income
12) Dividend Income and Foreign Information
13) Business Income and Cost of Goods Sold
14) Consolidated Brokerage Statement Details
15) Brokerage Statement Details
16) Consolidated Interest Income and Foreign Information
17) Consolidated Dividend Income and Foreign Information
18) Consolidated Sales of Stocks Securities, Capital Assets and Misc Income
19) Business Expenses & Property Equipment
20) Business Expenses - Vehicle and Other Listed Property
21) Business Expenses
22) Business Use of Home
23) Rental and Royalty Income and Expenses
24) Rental and Royalty Property & Depletion
25) Rental of Vacation Home
26) Rental & Royalty Business Expenses
27) Rental and Royalty Vehicle Other Listed Property
28) Sales of Stocks & Installment Sales
29) Sale of Your Home & Moving Expenses
Outsource Lite Policy 2012
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Outsource Lite Policy 2012
IRA Pension Annuity and Retirement Plan Information
Farm Income
Farm Expenses and Property Equipment
Farm Vehicle and Other Listed Property
Farm Business Expenses
Farm Business Use of Home
Partnership & S Corporation Business Expenses
Passthrough Business Use of Home
Miscellaneous Income Adjustments and Alimony
Miscellaneous Adjustments
Gambling Winnings
Itemized Deductions Medical and Taxes
Itemized Deductions Mortgage Interest and Points
Itemized Ded Mortg. Interest & Points 2
Itemized Deductions Contributions
Itemized Deductions Miscellaneous
Employee Business Expenses
Employee Business Expenses-Business Use of Home
Itemized Deduction Business Use of Home
Detail Depreciation
Federal State & City Tax Payments
Federal State & City Tax Payments - 2
Federal Tax Payments
State and City Tax Payments
Household Employment Taxes
Child Dependent Care Expenses & Education Expenses
Foreign Employment Info-Page1
Foreign Employment Info-Page2
Foreign Employment Info-Page3
Foreign Wages and Other Inc-Page1
Foreign Wages and Other Inc-Page2
Foreign Wages and Other Income Worksheet
Ministerial Income
Page 10 of 40
The following will only be bookmarked (i.e. no data will be captured):
1) 2012 Tax Organizer
2) Foreign Housing Expenses Worksheet
3) Foreign Taxes
4) Foreign Travel and Workdays Information Worksheet
5) Gifts Made in Trust
6) Gifts Made Outright to an Individual
7) Partnership S Corporation Estate Trust
8) Questionnaire
9) Rental Business Use of Home
10) Topic Index
11) U.S. Series I Savings Bonds Purchase
12) Alabama Information
13) Arizona Information
14) Arkansas Information
15) California Information (Page 1 of 2)
16) California Information (Page 2 of 2)
17) Colorado Information
18) Connecticut Information (Page 1 of 2)
19) Connecticut Information (Page2of2)
20) Delaware Information
21) District of Columbia Information (Page 1 of 4)
22) District of Columbia Information (Page 2 of 4)
23) District of Columbia Information(Page3of4)
24) District of Columbia Information(Page4of4)
25) Florida Information
26) Georgia Information
27) Hawaii Information (Page 1 of 2)
28) Hawaii Information (Page 2 of 2)
29) Idaho Information
30) Illinois Information
31) Indiana Information (Page 1 of 2)
32) Indiana Information (Page 2 of 2)
33) Iowa Information (Page 1 of 2)
34) Iowa Information (Page2of2)
Outsource Lite Policy 2012
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Outsource Lite Policy 2012
Kansas City Information
Kansas Information (Page1 of 3)
Kansas Information (Page2 of 3)
Kansas Information (Page3 of 3)
Kentucky Information
Louisiana Information(Page1of2)
Louisiana Information(Page2of2)
Maine Information
Maryland Information
Massachusetts Information (Page 1 of 2)
Massachusetts Information (Page 2 of 2)
Michigan Cities Information (Page 1 of 2)
Michigan Cities Information (Page 2 of 2)
Michigan Information (Page 1 of 3)
Michigan Information (Page 2 of 3)
Michigan Information (Page 3 of 3)
Minnesota Information (Page 1 of 2)
Minnesota Information (Page 2 of 2)
Mississippi Information
Missouri Information (Page 1 of 2)
Missouri Information (Page 2 of 2)
Montana Information
Nebraska Information
New Hampshire Information (Page 1 of 3)
New Hampshire Information (Page2of3)
New Hampshire Information (Page3of3)
New Jersey Information
New Mexico Information (Page 1 of 2)
New Mexico Information (Page 2 of 2)
New York City UBT Information
New York Information (Page 1 of 2)
New York Information (Page2of2)
New York-Worksheet
North Carolina Information
North Dakota Information
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(c)
Ohio Cities Information
Ohio Information
Oklahoma Information
Oregon Information (Page 1 of 2)
Oregon Information (Page 2 of 2)
Pennsylvania Information
Rhode lsland Information
South Carolina Information
Tennessee Information
Utah Information
Vermont Information (Page 1 of 3)
Vermont Information (Page 2 of 3)
Vermont Information (Page 3 of 3)
Virginia Information (Page 1 of 2)
Virginia Information (Page 2 of 2)
West Virginia Information (Page 1 of 2)
West Virginia Information (Page2of2)
Wisconsin Information (Page 1 of 2)
Wisconsin Information (Page 2 of 2)
Profx notebook – This is applicable only to ProSystem fx Tax software
The following documents will be bookmarked as well as all the data will be captured from it:
1) Personal Information
2) Dependent
3) Disability Information
4) Wages Information
5) Interest Income Information
6) Dividend Income Information
7) Principal Business or Profession
8) Business Expenses
9) Business Vehicle Information
10) Business Depreciation
11) Sale of Stocks, Bonds and Other Securities Information
12) Rental Income & Expenses
Outsource Lite Policy 2012
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Outsource Lite Policy 2012
Rental Vehicle Information
Rental Depreciation
Source of the Depletable Royalty Income
Source of the Non-Depletable Royalty Income
Pensions & Annuities
Farm Income
Farm Expenses
Farm Vehicle Information
Farm Depreciation
State Income Tax Refunds
Educator Expense for Items Used in the Classroom
Health Savings Account
IRA Contribution
IRA Distribution
Medical Expenses
Deductible Taxes
Home Mortgage Interest Paid
Investment Interest Expense
Name of the Charitable Organization
NonCash Contribution More than $500 NB
Casualty and Theft Losses
Employee Business Expenses
Exclusion of Interest From Series EEU.S.Savings Bonds
Name of Home Business
Child Investment Income Information
Child and Dependent Care Information
Household Employee
Moving Information
Sale of Your Home
Vehicle Information
Foreign Wages
Foreign Bank Account Information
Foreign Work Information
Foreign Work Information Page 2
Residential Energy Credits Information
Page 14 of 40
48) Gambling Winnings
49) Tax Payment Information
50) Estimated Tax Payments
The following will only be bookmarked (i.e. no data will be captured):
1) 2012 Tax Notebook
2) Foreign Tax
3) Interview Setup
4) Partnership K-1 Information
5) Prior Year Installment Sale Information
6) Scorporation K-1 Information
7) Estate and Trust K-1 Information
(d)
Lacerte Tax
The following documents will be bookmarked as well as all the data will be captured from it:
1) Client Information
2) Client Information1 - US
3) Client Information1 - AR, CA, NY, NJ, DE, SC, HI, IA, IN, KS, KY, LA, MD, MI, MO, MS, NC,
ND, NE, NH, OH, OR, PA, RI, TN, UT, VA, VT, WI, WV, MN
4) Direct Deposit & Estimates (Form 1040 ES) - US
5) Direct Deposit & Estimates(Form 1040 ES) - NY, ME, NJ, SC, VA, IA, MD, LA, CA, AL, AR, AZ,
CO, CT, DC, DE, GA, HI, ID, IL, IN, KS, KY, MA , MI, MN, MO, MS, MT, NC, ND, NE, NM, OH,
OK, OR, PA, RI, UT, VT, WI, WV, NH, TN
6) Direct Deposit & Estimates (Form 1040 ES) PG2 - US
7) Direct Deposit & Estimates (Form 1040 ES) PG2 - OH, OR, NY
8) Wages, Pensions, Gambling Winnings - US
9) Wages, Pensions, Gambling Winnings - CA, MO, NJ, NY, OR, OH
10) Interest & Dividend Income - US
11) Interest & Dividend Income - MA, OK
12) Miscellaneous Income
13) Miscellaneous Income (Contd)
14) State & Local Tax Refunds/Unemployment Compensation
15) Education Distributions (ESA's and QTP's)
Outsource Lite Policy 2012
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Outsource Lite Policy 2012
Business Income (Schedule C)1 - US
Business Income (Schedule C)1 - US (Contd)
Business Income (Schedule C)1 - CA
Business Income (Schedule C)2 - US
Business Income (Schedule C)2 - DC, NY
Business Income (Schedule C)3 - US
Business Income (Schedule C)3 - NY
Capital Gains & Losses (schedule D)
Installment Sales (Form 6252)
Sale of Home & Moving Expenses
Rental & Royalty Income (Schedule E)1 - US
Rental & Royalty Income (Schedule E)1 - US (Contd)
Rental & Royalty Income (Schedule E)1 - CA
Rental & Royalty Income (Schedule E)2 - US
Rental & Royalty Income (Schedule E)2 - US (Contd)
Rental & Royalty Income (Schedule E)2 - DC
Rental & Royalty Income (Schedule E)3 - US
Rental & Royalty Income (Schedule E)3 - NY
Rental & Royalty Income (Schedule E)3 - DC
Farm Income (Schedule F/Farm 4835)1 - US
Farm Income (Schedule F/Form 4835)1 - US (Contd)
Farm Income (Schedule F/Farm 4835)1 - CA
Farm Income (Schedule F/Farm 4835)2
Asset Disposition List
Asset Acquisition List
Vehicle Expenses
Adjustments to Income
Itemized Deductions1 - US
Itemized Deductions1 - US (Contd)
Itemized Deductions1 - AL, FL, IA
Itemized Deductions2 - US
Itemized Deductions2 - US (Contd)
Itemized Deductions2 - AL, AR
Itemized Deductions3 - US
Itemized Deductions3 - AL, AR, CA, Hi, KY, MT,
Page 16 of 40
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Itemized Deductions4 - US
Itemized Deductions4 - AR, CA, HI, AL, KY, MO, MT
Itemized Deductions5 – US
Itemized Deductions5 US(Contd)
Noncash Contributions (Form 8283)
Business Use of Home (Form 8829)
Business Use of Home (Form 8829) (Contd)
Employee/Vehicle Bus.Exp.(Form 2106)
Vehicle Expenses (Form 2106)
Child and Dependent Care Expenses (Form 2441) - US
Child and Dependent Care Expenses (Form 2441) – CA, HI, OR, ME
Qualified Adoption Expenses (Form 8839)
Education Credits / Tuition Deduction - US
Education Credits / Tuition Deduction - KY
Household Employment Taxes (Schedule H)
Parent's Election to Report Child's Inc
Parent's Election to Report Child's Inc (Contd)
Foreign Income Exclusion (Form 2555)
Foreign Income Exclusion (Form 2555)1
Foreign Income Exclusion (Form 2555)2
Health Savings Accounts (8889)
Tax Organizer
The following will only be bookmarked (i.e. no data will be captured):
1) Dependents - US
2) Dependents - AR, AZ, HI, IN, LA, MA, MT, OK, OR, PA, UT, VA, WI
3) Credit for Qualified Education Expenses (IL)
4) Estate or Trust and REMIC Information
5) Form 725 Single Member LLC (KY)
6) Health Care Information (Schedule HC) (MA)
7) Kentucky City 2012 Estimated Tax
8) Michigan City 2012 Estimated Tax
9) Michigan Homestead Credits
10) Miscellaneous Questions
11) Miscellaneous Questions (continued)
Outsource Lite Policy 2012
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(e)
Montana Elderly Homeowner Renter Credit
NJ FAIR Rebate - Property Tax Deduction
Ohio City 2012 Estimated Tax
Oregon Elderly Rental Assistance
Oregon Elderly Rental Assistance (Continued)
Other Credits
Partnership and S Corporation Information
Pennsylvania Cities Business Tax
Pennsylvania Cities Taxes
Property Tax Credit (CT)
Property Tax Credit (MO)
Property Tax Refund (MN)
Property Tax Relief Claim (RI)
Real Property Tax Credit (NY)
Renter's Deduction Information (IN)
Renter's Deduction Information (MA)
Additional Information.
California Use Tax
UltraTax
The following documents will be bookmarked as well as all the data will be captured from it:
1) Personal Information
2) Client Contact Information
3) Electronic Filing
4) Direct Deposit/Electronic Funds Withdrawal Information
5) Estimated Taxes
6) 2012 State Estimated Tax Payments
7) Wages and Salaries
8) Interest Income
9) Seller Financed Mortgage Interest Income
10) Dividend Income
11) Sales of Stocks Securities and Other Investment Property (Page 1)
12) Sales of Stocks Securities and Other Investment Property (Page 2)
13) Income from REMICs
Outsource Lite Policy 2012
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14) Pension, Annuity, and IRA Distributions
15) Social Security, Tier 1 Railroad Benefits
16) Other Income
17) Miscellaneous Income
18) Taxable Distributions Received from Cooperatives
19) Cancellation of Debt, Abandonment
20) Gambling Winnings
21) Shareholders Undistributed Capital Gain
22) Contracts & Straddles - General Information
23) Canadian Registered Retirement Plans
24) Schedule C - General Information
25) Schedule C - Expenses
26) Schedule C - Carryovers
27) Rent and Royalty Property - General Information
28) Rent and Royalty Properties - Points, Vacation Home, Passive Information
29) Farm Income - General Information
30) Farm Expenses
31) Farm Passive and Other Carryover Information
32) Farm Rental - General Information
33) Farm Rental Expenses
34) Sale of Principal Residence
35) Prior Year Installment Sale
36) Form 4797 and 6252 - General Information
37) Like-Kind Exchange General Information
38) Foreign Earned Income Exclusion (Page 1)
39) Foreign Earned Income Exclusion (Page 2)
40) Traditional IRA
41) Medical and Health Savings Account Contributions
42) Health, Medical Savings Account Distributions
43) Moving Expenses
44) Keogh, SEP, SIMPLE Contributions
45) Other Adjustments
46) Exclusion of Interest Income from Series EE or I U.S. Savings Bonds
47) Student Loan Interest Paid
48) Qualified Education Programs
Outsource Lite Policy 2012
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49) Federal Student Aid Application Information
50) Schedule A - Medical and Dental Expenses
51) Interest Expenses
52) Charitable Contributions
53) Home Mortgage Interest Subject To Limitations
54) Employee Business Expenses
55) Employee Business Expenses (Vehicle Expenses)
56) Auto Worksheet
57) Prior Year Casualty and Theft - Business/Income Producing Properties
58) Casualty and Theft - Business/Income Producing Properties
59) Home Office General Information
60) Noncash Contributions Exceeding $500
61) Contributions of Motor Vehicles, Boats & Airplanes
62) Casualty and Theft - Personal Use Properties
63) Prior Year Casualty and Theft - Personal Use Properties
64) Social Security Tax on Unreported Tips
65) Clergy, Minister, Religious Workers
66) Tax for Children with Investment Income
67) Children's Interest Income
68) Household Employment Tax
69) Child and Dependent Care Expenses
70) Credit For The Elderly or Disabled
71) Residential Energy Credit
72) First-Time Homebuyer Credit Repayment
73) Adoption Credit
74) Fuel Tax Credit (Page 1)
75) Fuel Tax Credit (Page 2)
76) Fuel Tax Credit (Page 3)
77) Foreign Tax Credit
78) Foreign Tax Credit - AMT General Information
79) Carryover Information - Preparer Use Only
80) Business Credit Carryover Information - Preparer Use Only
81) Excess Farm Loss Limitation Information - Preparer Use Only
82) Statement of Specified Foreign Financial Assets
83) Treasury Department Report of Foreign Bank Accounts
Outsource Lite Policy 2012
Page 20 of 40
84) Personal Information (Lite)
85) Interest Income (Lite)
86) Adjustments to Income - IRA Contributions (Lite)
87) Medical and Dental Expenses (Lite)
The following will only be bookmarked (i.e. no data will be captured):
1) Questions
2) Client Questionnaire
3) Client Organizer Topical Index
4) Salary and Wages (Lite)
5) Partnerships and S Corporations
6) Estates and Trusts
7) Depreciation - Asset List
8) Depreciation - Asset Acquisitions
9) Income Summary
10) Income Summary (Lite)
11) Interest and Dividend Summary
12) Tax Return History
13) State Organizers – AL, AZ, AR, CA, CO, CN, DE, DC, GA, HI, ID, IA, IL, IN, KS, KY, LA, MA, MD,
ME, MI, MO, MN, MS, MT, NC, ND, NE, NH, NY, NJ, NM, OH, OK, OR, PA, RI, SC, TN, UT, VA,
VT, WI, WV.
Outsource Lite Policy 2012
Page 21 of 40
C) Brokerage Statements*:
i) Brokerage houses using unique format: Click this link to view further details in a tabular format
(a)
(b)
(c)
(d)
(e)
(f)
(g)
(h)
(i)
(j)
(k)
(l)
(m)
(n)
(o)
(p)
(q)
(r)
(s)
(t)
(u)
(v)
(w)
(x)
(y)
Ameritrade
Charles Schwab & Co., Inc
Citigroup Global Mkts Inc.
Edward Jones
Fidelity Distributors Corp.
First Clearing, LLC
Genworth Financial Trust Company
Goldman, Sachs & Co.
Ingalls And Snyder LLC
JPMorgan Chase Bank, N.A.
Lazard Capital Markets LLC
LPL Financial
Merrill Lynch
Morgan Stanley & Co. Incorporated
National Financial Services LLC
Pershing, LLC
Putnam Investments
RBC Capital Markets
Sanford C Bernstein & Co. LLC.
Southwest Securities Inc
Stephens Inc
UBS Financial Services Inc.
Vanguard
Vanguard Market Corporation
Wells Fargo Investments, LLC
Outsource Lite Policy 2012
Page 22 of 40
ii) Brokerage houses using common format: Click this link to view further details in a tabular format
(a) Davenport And Other Brokerages With Same Format
1) Davenport
2) SG Americas Securities, LLC
(b) Etrade Financial LLC and other brokerages with same format:
1) 3 Metrotech Center
2) Barclays Capital Inc
3) BNP Paribas
4) Chase Investment Services Corp
5) E*Trade Clearing LLC
6) E-Trade Financial
7) Firstrade Securities, Inc
8) J.P. Morgan Clearing Corp
9) Jefferies & Company, Inc
10) Matrix Capital Group Inc
11) Neuberger Berman, LLC
12) Natl. Investor Services Corp
13) Penson Financial Services
14) Piper Jaffray and Co.
15) R.F.Lafferty & Co., INC.
16) Ridge Clearing & Outsourcing
17) Stockcross Financial Services
18) William Blair & Co. LLC
(c) Etrade and other brokerages with same format:
1)
2)
3)
4)
5)
Outsource Lite Policy 2012
2 Journal SQ Plaza
ADP Clearing & Outsourcing
Allen & Company LLC
Bear, Stearns Securities Corp
Citimortgage
Page 23 of 40
6) C.L. King & Associates, INC
7) Douglas K Hall
8) E-Trade
9) Harborside Financial Center
10) HCFP Brenner
11) Hennion & Walsh, INC.
12) HSBC Securities (USA) Inc
13) James W. Giddens, Lbi Trustee
14) Legg Mason
15) Lehman Brothers Inc.
16) Lombard Securities Inc
17) People's Securities Inc
18) Prudential Bache Commodities, LLC
19) TD Ameritrade
20) T D Waterhouse
(d) FifthThird Bank and other brokerages with same format:
1)
2)
3)
4)
5)
6)
7)
8)
9)
10)
11)
12)
13)
14)
15)
16)
17)
Outsource Lite Policy 2012
Acadia Trust, N.A.
Addison Gibson Foundation
Anawon Trust
Arlington Trust Company
Associated Trust Company
Atlantic Trust Company
Bancorp South Bank
Bangor Savings Bank
Bank of Hawaii
Bank of Oklahoma
Bank of Texas, N.A
Bank of The West
Banktrust
Bar Harbor Trust Services
Berkshire Bank
Boston Private Bank & Trust Co
Boston Trust & Inv. Mgmt Co.
Page 24 of 40
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19)
20)
21)
22)
23)
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47)
48)
49)
50)
51)
52)
Outsource Lite Policy 2012
Branch Banking & Trust Co
Cambridge Appleton Trust
Cambridge Trust Company
Capital Guardian Trust Company
Capital One, N.A
Central Trust & Investment Co
Charter Trust Company
Chevy Chase Trust Company
Citibank Cash Management
Citibank, N.A.
Citizens Bank
City National Bank
Coastline Trust Company
Colorado State Bank & Trust, N.A.
Comerica Bank
Community Bank & Trust
Community Trust & Investment Company
Coral Gables Trust Company
Country Trust Bank
Cypress Trust Company
Davidson Trust Company
Day Pitney LLP
Deutsche Bank
Draper & Company
Eastern Bank
Encore Bank, National Association
Enterprise Bank And Trust Company
Evercore Trust Company N.A.
Evercore Wealth Management, LLC
Exeter Trust Company
Fifth Third Bank
Finemark National Bank And Trust
First American Bank
First Business Trust Investments
First Financial Trust, N.A
Page 25 of 40
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54)
55)
56)
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81)
82)
83)
84)
85)
86)
87)
Outsource Lite Policy 2012
First Hawai An Bank - Trust Division
First Niagara Bank
First Tennessee Bank
Firstmerit Bank, N.A.
Gibraltar Private Bank & Trust
Grand Bank & Trust of Florida
Guardian Trust Company
H M Payson & Co
Haldor & Co
Hancock Bank of Louisiana
Harris Bank N.A
HSBC Bank
Huntington National Bank
Integra Bank
Intrust Bank, N.A.
Investment Trust Company
Johnson Bank
JPMorgan Chase Bank
Kanaly Trust Company
Key Private Bank
Keybank National Association
Lake City Bank
Ledyard National Bank
Legacy Private Trust Company
M&T Investment Group
Manufacturers
Manufacturers And Traders Trust
Marquette Asset Management
Marshall & Ilsley Trust Co, N.A
MB Financial Bank, N.A.
Mellon Trust of NY
Midwest Trust Company
Mitchell Sinkler & Starr
National Advisors Trust Company
National City Bank
Page 26 of 40
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89)
90)
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120)
121)
122)
Outsource Lite Policy 2012
Northern Trust, NA
Old National Trust Company
One & Co
Pacific Capital Bank. N.A.
Park National Bank
Peapack - Gladstone Bank
Peoples United Bank
Petrologistics
Philadelphia Trust Company
Piscataqua Savings Bank
PNC Bank
RBS Citizens, N.A
Regions Bank
Rockland Trust Company
Sabal Trust Company
Scaup & Co.
SEI Private Trust Company
Spinnaker Trust
State Street Bank & Trust Company
Stellarone Bank
Stock Yards Bank & Trust
Sunflower Bank
Suntrust Bank
Synovus Trust Company, N.A.
TD Bank, NA
The Bank of New York Mellon
The First Company - Centier Bank
The Glenmede Trust Company, N.A
The Haverford Trust Company
The Northern Trust Company
The Pennsylvania Trust Company
The Private Bank And Trust Company
The Security National Bank Of Sioux City
The Trust Company Of Oxford
The Trust Company Of Vermont
Page 27 of 40
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124)
125)
126)
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132)
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134)
135)
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137)
138)
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Outsource Lite Policy 2012
TIAA-Cref Trust Company
Tiedemann Trust company
Trust Company Of America
Trust Company Of Illinois
Trust Point INC
U.S. Bank
U.S. Bank National Association
USAA Federal Savings Bank
Virginia National Bank
Wachovia Trust - NSG TAX
Walnut Street Securities
Washington Trust Bank
Washington Trust Company
Welch & Forbes
Whitney National Bank
Whittier Trust company
Wilmington Trust Company
Page 28 of 40
(e) Grantor Letter with same format:
1)
2)
3)
4)
5)
6)
7)
8)
9)
10)
11)
12)
13)
14)
15)
16)
17)
18)
19)
20)
21)
22)
23)
24)
25)
26)
27)
28)
29)
30)
31)
32)
33)
Outsource Lite Policy 2012
Atlantic Trust Company - Grantor Letter
Bangor Savings Bank - Grantor Letter
Bank of America, N.A. - Grantor Letter
Barhemco - Grantor Letter
Boston Trust & Inv. Mgmt Co. - Grantor Letter
Brown Investment Advisory - Grantor Letter
Capital Guardian Trust Company - Grantor Letter
Chembaco - Grantor Letter
Chittenden Bank - Grantor Letter
Citibank, N.A. - Grantor Letter
Citigroup Private Bank - Grantor Letter
Comerica Bank - Grantor Letter
Deutsche Bank Trust Co. America - Grantor Letter
Fidelity Investments - Grantor Letter
Fiduciary Trust Company - Grantor Letter
Frost National Bank - Grantor Letter
Grand Bank And Trust Of FL - Grantor Letter
Harris Bank Na - Grantor Letter
Hilliard Lyons Asset Management - Grantor Letter
JPMorgan Chase Bank - Grantor Letter
Keybank National Association - Grantor Letter
Lasalle Bank N.A - Grantor Letter
Maine Bank & Trust - Grantor Letter
Marshall & Ilsley Trust Company N.A. - Grantor Letter
Merrill Merchants Bank - Grantor Letter
National City Bank - Grantor Letter
Northern Trust, N.A. - Grantor Letter
PNC Bank, N.A. - Grantor Letter
RBS Citizens, N.A. - Grantor Letter
Regions Bank Trust Dept. - Grantor Letter
Ropes & Gray Llp Fiduciary Account - Grantor Letter
SEI Private Trust Company - Grantor Letter
State Street Bank & Trust Company - Grantor Letter
Page 29 of 40
34)
35)
36)
37)
38)
39)
40)
41)
42)
Suntrust Bank - Grantor Letter
The Glenmede Trust Company, N.A - Grantor Letter
The Haverford Trust Company - Grantor Letter
The Northern Trust Company - Grantor Letter
The Trust Company Of Oklahoma - Grantor Letter
U.S. Bank National Association - Grantor Letter
Wachovia Bank, N.A. - Grantor Letter
Wells Fargo Bank, N.A. - Grantor Letter
Whitax - Grantor Letter
(f) McDonald Investments and other brokerages with same format:
1)
2)
3)
D.A. Davidson & Co.
KeyBanc Capital Markets
McDonald Investments
(g) ML Sterns and other brokerages with same format:
1)
2)
FMS Bond
ML Stern & Co., LLC
(h) Options Express and other brokerages with same format:
1) Bancnorth
2) Emmett A Larkin Company, Inc.
3) Fagenson & Company
4) First Southwest Company
5) First United Bank And Trust
6) H.C. Denison & Co.
7) NBC Securities, Inc
8) Options Express
9) Optionsxpress
10) Primevest Financial Service
11) Romano Brothers & Co
Outsource Lite Policy 2012
Page 30 of 40
12) Whitney National Bank
(i) PNC and other brokerages with same format:
1)
2)
3)
4)
5)
6)
7)
8)
9)
10)
11)
12)
13)
14)
Ameriprise Financial
BB&T Capital Markets
Bergen Capital
Clearview Correspondent Services LLC
Ferris Baker Watts, Inc
H&R Block Financial Advisors
H.G. Wellington & Co. Inc
J.J.B. Hilliard, W.L. Lyons, Inc.
Legent Clearing, LLC
MCMillion Securities, Inc
Mesirow Financial
PNC Investments
Scott & Stringfellow Inc
Wedbush Morgan Securities
(j) Raymonds and other brokerages with same format:
1)
2)
3)
4)
5)
6)
7)
8)
9)
10)
11)
12)
13)
14)
Outsource Lite Policy 2012
American Enterprise
American Enterprise Investment Services Inc
Ameriprise Financial Center
BBVA Compass
Bessemer Trust
BNY Mellon, N.A.
Borel Private Bank and Trust Co.
Brokersxpress
Brown Brothers Harriman
Crews & Associates Inc
Crowell, Weedon & Co
Curian Capital
David Lerner Associates
Eagle Family Of Funds
Page 31 of 40
15)
16)
17)
18)
19)
20)
21)
22)
23)
24)
25)
26)
27)
28)
29)
30)
31)
32)
33)
34)
35)
36)
37)
38)
39)
First Republic Bank
First Trust Corp- Fiserv Trust Co.
Fiserv Securities, INC.
Foliofn Investments
ING Direct
Institutional Brokerage & Sales
Janney Montgomery Scott, LLC
M&I Capital Markets
Merchants National Bank
Morgan Keegan & Company, Inc
Northwestern Mutual
Northwestern Mutual Investment Services, LLC
Oppenheimer
OptionsXpress, Inc
Penson Financial Services Inc
Raymond James & Associates, Inc.
Resources Trust - Fiserv Trust
Richards Merrill & Perterson
Robert W. Baird & Co.
Scottrade, Inc
Sharebuilder Securities Corporation
Sterne Agee & Leach Inc.
USAA Investment Management Company
USBancorp Investments, Inc
Wulff, Hansen & Co.
(k) Scot Trade Inc and other brokerages with same format:
1)
2)
FMSBONDS, INC
Waters Parkerson & Co. Inc
(l) Stifel Nicolaus and other brokerages with same format:
1)
2)
Outsource Lite Policy 2012
Century Securities
Davenport & Company LLC
Page 32 of 40
3)
4)
5)
6)
Huntleigh Securities
MF Global Inc
Stifel Nicolaus
WedBush
(m) US Trust and other brokerages with same format:
1)
2)
3)
4)
5)
6)
7)
Bank of America
Bank Of America Private Wealth Management
Bank of New York
BNY Mellon Wealth Management
U.S. Trust
Wachovia Trust
Wells Fargo Bank, N.A
Note: If, the source document type is any consolidated brokerage statement, grantor trust Letter or Schedule K-1 and the
recipient Id # is an EIN (i.e. xx-xxxxxxx) that does not match the proforma’d SSN’s but the recipient name includes the
taxpayer or spouse’s last name, then delete the reference of recipient id # and capture all the relevant data from these
document types, or else select ‘Incorrect SSN’.
For any other type of documents the recipient id # should be selected as ‘Incorrect SSN’.
* Some issuers on the above list generate brokerage statements in numerous formats, not all of which are recognized by
SurePrep.
D) Government Forms (Output Forms)
i)
ii)
iii)
iv)
v)
vi)
Schedule H: Household Employment Taxes
Form 8283 Non Cash Contribution
Form 1040 page 1
Form 1040 page 2
Schedule A
1040EZ
Outsource Lite Policy 2012
Page 33 of 40
E) Others
i) Cash Contributions Letters
4) Processing Standard:
A) All standard box numbers on IRS Forms, Brokerage Statements and the fields on Organizer Pages are captured. If data on a
source document matches data already entered in the tax software, OSL does not capture source document data again.
However, if the data does not match, OSL overwrites the data on export in the tax software to match the data on the source
document.
B) OSL addresses source documents of the tax year for which the return is submitted. For e.g. source documents pertaining to
year 2012 only are captured for a 2012 tax return.
C) Payer’s details (i.e., address, EIN etc, if applicable) are captured only for Forms W-2, 1099-R, W2G and 1099RRB. For
Schedule K-1 only EIN is captured.
D) In an OSL return, all the pages will be marked as “Reviewed” in verification wizard.
E) If the SSN number does not match with the Taxpayer, Spouse or Dependents then the source document will be bookmarked
under “Incorrect SSN” tab under “Unused” category and no data will be captured from the page.
The exceptions to this are:
i) GoSystem Tax RS:
(a)
(b)
(c)
(d)
1099-SA
1099-SSA
1098-T
5498
ii) ProSystem fx Tax:
(a)
(b)
(c)
(d)
1099-SA
1098-T
5498
OH Resident State K-1
iii) Lacerte Tax:
Outsource Lite Policy 2012
Page 34 of 40
(a)
(b)
(c)
(d)
(e)
(f)
(g)
(h)
1099-SA
1099-SSA
5498
1099-C
1098-E
1099-MISC
1098-T
OH Resident State K-1
iv) UltraTax:
(a) 1099-G
(b) 5498
(c) 1099-H
F) OSL addresses only those documents that are submitted in the required orientation.
 Documents with a portrait view must be scanned right side up.
 Documents with a landscape view must be scanned right side up or with their left edge turned upwards.
5) Important points regarding some of the Brokerage Statements:
The following is the list of items that are captured for all the Brokerage Statements:
Note: If the consolidated statements are,
 not uploaded in the sequential order or
 uploaded in the reverse order
Then no data will be captured for such consolidated statements.
Outsource Lite Policy 2012
Page 35 of 40
Brokerage houses using unique format
Investme
nt
Expenses
Margin
interest
Accrued
Interest
on Box1
Accrued
Interest
on Box3
Accrued
Interest
paid on Tax
exempt
interest
Tax
exempt
OID
Tax
exempt
OID
subj. to
AMT
Tax
Exempt
Interest
Details
Yes
Yes
Yes
Yes
Yes
Yes
Yes
N/A
Yes
Yes
N/A
Yes
Yes
Yes
Yes
Yes
N/A
Yes
Brokerage
Statements
1099
INT
1099
DIV
1099
MISC
1099
OID
1099B
Summa
ry*
1099B
Details
*
Realized
Gain loss
Summary
*
Realized
Gain loss
Details*
Foreign
Dividend
Income
Ameritrade
Yes
Yes
Yes
Yes
Yes
Yes
N/A
N/A
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Charles Schwab &
Co., Inc
Citigroup Global
Mkts Inc.
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Edward Jones
Yes
Yes
N/A
N/A
Yes
Yes
N/A
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
N/A
Yes
Fidelity Distributors
Corp
Yes
Yes
Yes
Yes
Yes
Yes
N/A
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
N/A
Yes
First Clearing, LLC
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
N/A
Yes
N/A
Yes
Yes
Yes
Yes
N/A
N/A
N/A
N/A
N/A
N/A
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
N/A
N/A
Yes
N/A
N/A
Yes
Yes
Yes
N/A
Yes
Yes
Yes
N/A
N/A
Yes
Yes
Yes
N/A
N/A
N/A
N/A
N/A
Yes
Yes
Yes
Yes
N/A
Yes
Yes
Yes
Yes
Yes
Yes
N/A
Yes
Yes
Yes
Yes
N/A
Yes
Yes
Yes
N/A
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
N/A
N/A
Yes
LPL Financial
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Merrill Lynch
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
N/A
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
N/A
Yes
Yes
Yes
Yes
Yes
Yes
Yes
N/A
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
N/A
Yes
Genworth Financial
Trust Company
Goldman Sachs And
Co.
Ingalls And Snyder
LLC
JPMorgan Chase
Bank, N.A.
Lazard Capital
Markets LLC
Morgan Stanley &
Co. Incorporated
National Financial
Services LLC
Pershing LLC
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
N/A
Yes
Putnam Investment
N/A
Yes
N/A
N/A
Yes
Yes
Yes
Yes
Yes
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Yes
RBC Capital
Markets
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
N/A
Yes
Yes
Yes
Yes
Yes
N/A
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
N/A
N/A
N/A
Yes
N/A
N/A
Sanford C Bernstein
& Co. LLC.
Southwest Securities
Inc
Yes
Yes
Yes
Yes
Yes
Yes
N/A
N/A
Yes
N/A
Yes
Yes
Yes
Yes
N/A
N/A
Yes
Stephens Inc
Yes
Yes
Yes
Yes
Yes
Yes
N/A
N/A
Yes
N/A
Yes
N/A
N/A
N/A
N/A
N/A
Yes
UBS Financial
Services Inc.
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
N/A
Yes
Vanguard
Yes
Yes
N/A
N/A
N/A
Yes
N/A
Yes
Yes
N/A
N/A
N/A
N/A
N/A
N/A
N/A
Yes
Yes
Yes
Yes
Yes
Yes
Yes
N/A
N/A
Yes
Yes
N/A
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
N/A
Yes
Vanguard Market
Corporation
Wells Fargo
Investments LLC
Outsource Lite Policy 2012
Page 36 of 40
Brokerage houses using common format
Brokerage
Statements
1099
INT
1099
DIV
1099
MISC
1099
OID
1099B
Summa
ry*
1099B
Details
*
Realized
Gain loss
Summary*
Realized
Gain loss
Details*
Foreign
Dividend
Income
Investme
nt
Expenses
Margin
interest
Accrued
Interest
on Box1
Accrued
Interest
on Box3
Accrued
Interest
paid on Tax
exempt
interest
Tax
exempt
OID
Tax
exempt
OID
subj. to
AMT
Tax
Exempt
Interest
Details
Davenport And Other
Brokerages With
Same Format
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
N/A
N/A
Yes
Yes
Yes
Yes
Yes
Yes
Yes
N/A
N/A
Yes
Yes
Yes
Yes
N/A
Yes
Yes
N/A
N/A
Yes
Yes
Yes
Yes
Yes
Yes
N/A
N/A
Yes
N/A
Yes
Yes
N/A
Yes
Yes
Yes
N/A
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
N/A
N/A
N/A
N/A
N/A
Yes
Yes
Yes
Yes
N/A
Yes
N/A
Yes
Yes
Yes
Yes
N/A
N/A
N/A
N/A
N/A
N/A
Yes
Yes
Yes
N/A
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
N/A
N/A
Yes
Yes
Yes
N/A
Yes
Yes
Yes
Yes
Yes
Yes
N/A
N/A
Yes
Yes
Yes
N/A
N/A
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
N/A
N/A
Yes
Yes
Yes
N/A
N/A
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
N/A
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
N/A
Yes
Yes
Yes
N/A
Yes
Yes
Yes
N/A
N/A
Yes
Yes
Yes
N/A
N/A
N/A
N/A
N/A
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
N/A
N/A
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
Yes
N/A
N/A
N/A
Yes
N/A
No
E-Trade Financial
and other brokerages
with same format
E-Trade and other
brokerages with
same format
Fifth Third Bank and
other brokerages
with same format
Grantor Letter and
other brokerages
with same format
McDonald
Investments and
other brokerages
with same format
ML Sterns and other
brokerages with
same format
Options Express and
other brokerages
with same format
PNC Investments
and other brokerages
with same format
Raymond James
Financial Services
and other brokerages
with same format
Scot Trade and other
brokerages with
same format
Stifel Nicolaus and
other brokerages
with same format
US Trust and other
brokerages with
same format
* 1) Capital Gain transactions are captured in summary or detail based on the Schedule D Options set by the user.
A) If the number of transactions entered is “0”, then summary totals of short term and long term transactions will be captured.
B) If the number of transactions entered is greater than “0”, then individual transactions will be captured.
C) If the number of transactions entered is greater than “0” AND the first sub-option (Enter summary information if no cost basis is available) is checked, then, summary of proceeds only will be captured.
D) If the number of transactions entered is greater than “0” AND the second sub-option (Combine multiple transactions for the same security within a brokerage account into a single transaction) is checked, then, the
multiple transactions for the same security will be combined into one transaction.
Outsource Lite Policy 2012
Page 37 of 40
2) N/A – Does not appear on the document.
3) No – Currently not captured.
 For Lacerte Tax and UltraTax: If a brokerage statement is not covered in the above list then only the summary amounts
of 1099-INT, 1099-DIV, 1099-OID and 1099-B are captured under “Other Consolidated Statement”.
 For ProSystem fx Tax and GoSystem Tax RS: If a brokerage statement is not covered in the above list then the
statement is bookmarked under Form ‘Consolidated 1099’ and only the summary amounts of 1099-INT, 1099-DIV,
1099-OID and 1099-B are captured under “Other Consolidated Statement”.
Outsource Lite Policy 2012
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Review of Work done by Outsource Lite Process
1) After completion of the steps of Review Wizard, the Review Tree tab in SPbinder indicates the work done on an Outsource Lite
engagement by SurePrep.
2) There will not be any Unreviewed T/R Stamps, i.e. the number in parenthesis for review node "Unreviewed T/R Stamps" shows "0".
This implies all data captured by OCR are reviewed in Outsource Lite Process.
3) Additionally, all pages will be reviewed and hence the review node “Unreviewed Pages by L1-Preparer” will indicate “0” in
parenthesis considering pages marked as reviewed during Outsource Lite Process.
Outsource Lite Policy 2012
Page 39 of 40
Note: SurePrep will sign off at Level 1, only if the box for “For Outsource Lite Returns, SurePrep should sign off as Level 1” is
checked in the SignOff set up window of “Firm Defaults” (as shown above).
Outsource Lite Policy 2012
Page 40 of 40