Setting up your Tax Form Defaults is an important step in setting up for the year when installing your UltimateTax software. Your Defaults ensure that anytime you start a new return, information about the preparer and the office will already be filled out.
To set up your Defaults, login to your UltimateTax software as an Admin. Once logged in, find Tools at the top of the screen and select Edit Tax Form Defaults.
Once you've selected it, a yellow window will appear asking what package you will be opening. This determines what kind of forms you will be creating your defaults for. For example, if you are editing the defaults for your individual tax forms, select 1040.
After you've finished entering the information you want to automatically populate when starting a new return, simply click on the Close Return button on your toolbar at the top of the screen. Keep in mind that this will only affect returns you have NOT created yet. Any returns that have been started will not see a change in their information as a result of editing your defaults.
This applies to all years of the UltimateTax software.
