To access the Preparer Master Information window:

From within your TaxAct^® Professional Edition program, click Preparer in the upper menu bar, hover your mouse over Master Information, then click Practice.

Available options in the Preparer Master Information window include:

• Practice Name
• Practice ID
• EIN
• Check if self-employed
• Address
• Foreign address
• Contact information

• Add, edit, or deactivate preparers
• Show active, inactive, or all preparers

• Client return status
• Client pay status
• Add, edit, or delete status

Directories

• Restore default location
• Browse to edit location
• Client Data Directory
• PDF Directory
• Log Files Directory
• Auto Backup Directory
• E-files Directory

General

• Filing/Printing Options
• Print the preparer’s name in the Preparer’s Signature Field
• Print the current date in the Preparer’s Signature Date Field
• Print all capital gain/loss transactions on Form 8949
• When the return qualifies, file Form 1040-SR instead of Form 1040 on all returns – (1040 only)
• File Form 1040NR instead of Form 1040NR-EZ on all returns – (1040 only)
• File State ‘Long Forms’ instead of State ‘Short Forms’ on all returns – (1040 only)
• Print Schedule B even if under $1,500 – (1040 only)
• Automatically lock returns after E-Filing
• Miscellaneous Options
• Assign invoice number to all new and imported returns
  • Next invoice #
  • Increment Invoices By
• Show message on return open indicating that refund has changed due to an updated or different version of TaxAct
• Do not include social security number(s) or direct deposit information on Tax Organizers – (1040 only)
• Calculation Options (1040 only)
• The IRS should compute Form 2210 – Underpayment Penalty (TaxAct will not compute penalty)
• States will compute the underpayment penalty (TaxAct will not compute penalty).
• Automatically complete Boxes 3-6 of Form W-2 based on Box 1 and Box 12 entries.
• Automatically complete Box 16 State Wages of Form W-2 based on Box 1 entry.
• Automatically complete Box 18 Local Wages of Form W-2 based on Box 1 entry.
• Do not automatically compute state sales or use tax (New York returns only).