With Account Ability Tax Form Preparation Software, IRS 1098 compliance couldn't be easier!
1098 tax forms can be keyed or imported from text files, spreadsheets and IRS Pub 1220 compliant transmittals.
- Electronic filing (E-FILE) of tax Form 1098 via IRS FIRE is included for free.
- 1098 forms are easily maintained on user friendly windows resembling the actual IRS Form (as shown above).
1098-C, 1098-E, 1098-F, 1098-T, 1099-A, 1099-B, 1099-C, 1099-CAP, 1099-DIV, 1099-G, 1099-INT, 1099-K, 1099-LTC, 1099-MISC, 1099-NEC, 1099-OID, 1099-PATR, 1099-Q, 1099-R, 1099-S, 1099-SA, 3921, 3922, 5498, 5498-ESA, 5498-SA, W-2G, W-2 and W-2C are also included at NO EXTRA CHARGE!
Apportions interest, taxes, principal, amortization and a capital reserve fund for cooperatives.
Adds additional owners to cooperative apartments in seconds.
Bulk TIN Matching module (included for free) checks Payer/Borrower name and TIN against IRS records.
Prints 1098 IRS Copy A on pre-printed fillable IRS approved 1098 forms.
- Prints Payer/Borrower copies on blank paper (see SAMPLE OUTPUT below) or fillable 1098 forms.
- Exports 1098 forms to CSV text files compatible with Excel.
- 1098 forms can be rolled foward from year-to-year at your option.
- Supports an unlimited number of 1098 forms (Payer/Borrowers).
- Supports an unlimited number of Recipient/Lender records (Entities).
- Filters unwanted 1098 forms in seconds.
- Two levels of password protection to secure your returns.
- Application level password protection to secure the entire application.
- 1098 forms can be locked for review only after final submission to IRS.
- Calculates and prints Form 1096 for IRS or an information copy for your records.
- Includes quick access to the Windows calculator when needed.
- Includes current year and prior year correction processing.
- Displays IRS 1098 reporting instructions and filing due dates.
- Payer/Borrower comments, visible only to the Recipient/Lender, can be added to any 1098 Form.
- Payer/Borrower copies can be delivered via Account Ability's optional Print and Mail Service.
- All of your 1098 forms reside on your computer (or network), not ours.
- Detailed Control Reports help to validate your data prior to processing.
- Includes free and unlimited 24/7 technical support to all licensed users.
- Visit our website and read all of the features.