Getting Started
After the main screen you land on after logging in, where you can see all your clients and returns.
What is the Client List?
To enter a client's W-2 wages, you would navigate to this category in the left-side menu.
What is "Income"?
When a taxpayer is over a 65, what form generates as the MAIN form?
What is Form 1040-SR
You can use this tool to create projections in the tax return for a client's tax situation, such as the impact of a large bonus or a home purchase.
What is the Tax Planner?
This is the IRS form that ProConnect Tax generates to calculate a credit for income taxes paid to a foreign country.
What is Form 1116?
This is the process you can use to bring in a client's prior-year data from other tax software, like Lacerte or ProSeries, into ProConnect.
What is data conversion?
When entering a client's self-employment income and expenses, this schedule is the primary form you will be working with in ProConnect.
What is Schedule C?
If a taxpayer has business or rental income, ProConnect will automatically generate and attach this schedule to their Form 1040.
What is Schedule E?
This feature, located in the right-hand drawer, allows you to securely import personal data from the clients Tax Return.
What is "Link"?
This is the appropriate line for entering state wages even though it states to enter it on Box 16?
What is Box 1/What is Line 1?
This is the section of the program where you can input or update a client's personal information, such as their name, address, and filing status.
What is Client Information Screen
This feature is used to enter a client's estimated tax payments, and you can find it under the "Payments, Penalties & Extensions" section.
What are "Estimates Paid"?
You can view a list of all the tax forms and schedules that have been generated for a client's return by clicking on this button at the top of the screen.
What is "Forms"
This tool allows you to look up Diagnostics in ProConnect?
Lacerte Diagnostics
This is the IRS form that ProConnect Tax generates to calculate the limit on passive activity losses.
What is Form 8582?
This form is the MAIN form and will need to be selected when creating a new individual return
What is a Form 1040
When a company sales or disposes of assets those transactions will show on what schedule?
What is schedule D
This form is used to report a sale of a home and to compute any capital gain exclusion. You can access it by going to the Schedule D input screen and then using the "Sale of Home" inputs
What is Form 8949?
This tool will allow you to look up rejected returns, refund amounts, and Bank account information for that efile?
What is the EFE?
To enter a Roth conversion, you enter the gross distribution and select this checkbox on the 1099-R input screen in ProConnect Tax.
What is the "IRA/SEP/SIMPLE" checkbox?
This ProConnect feature, available from the Client List, allows you to generate prior-year worksheets for multiple clients at once to help with data gathering.
What is "Batch Actions"?
The taxable portion of a client's Social Security benefits is reported on this specific line of Form 1040.
What is Line 6b
To amend a previously filed return, you must first select this form in the "Miscellaneous Forms" section.
What is Form 1040-X?
This feature will allow our clients to view all e-file transmissions in proconnect tax online?
What is the E-file Dashboard
In ProConnect Tax, this is the name of the section where you can enter QBI amounts from a passthrough K-1 received from a partnership or S-corporation.
What is the Section 199A (QBI) Information section?