Requesting Accountant Copy Process
This year we are requesting all clients send accountant’s copies once their QuickBooks file is ready for MBE to prepare their return. This enables us to record adjusting entries and easily transfer them back to you, ensuring that your QuickBooks file matches the numbers used to prepare the return.
To make an accountant’s copy please do the following:
Open your QuickBooks company file
→ Send Company Files
→ Client Activities
→ Save File
Confirm Accountant’s Copy is selected on the next pages and click next
Choose a dividing date that correlates with your fiscal year end (12/31 for most taxpayers) and click next
Save the accountant’s copy in a location that you will be able to locate when sending the file
Send the file to MBE on a flash drive, via email, or via SafeSend
To upload the file via our secure SafeSend
Schedule K-1 Instructions
View the Schedule K-1 forms below, each links takes you to the most recent version on the IRS website.
Instructions for Schedule K-1 (Form 1041) for a Beneficiary Filing Form 1040 Use this schedule to report a beneficiary’s share of the estate’s or trust’s income, credits, deductions, etc., on your Form 1040, U.S. Individual Income Tax Return.
Partner’s Instructions for Schedule K-1 (Form 1065)
Use this schedule to report a partner’s share of income, deductions, credits, etc.
Shareholder’s Instructions for Schedule K-1 (Form 1120-S)
Use this schedule to report a shareholder’s share of income, deductions, credits, etc.
Meal and Entertainment Deduction Guide
Individual Tax Planning Guide