Once signed up through a bank and ready to start offering your client options for paying preparation fees, returns can be set up to offer Bank Products in just a couple of easy steps. If you have not signed up for Bank Products yet, please review this article.
- Head to the Main Info sheet of the return and locate the section labeled Type of Return. Once here, choose the first option titled Bank Products.
- After step 1, you will notice the section directly below called Select Your Bank will appear in red. Here, select the bank that you have partnered with through UltimateTax for the season. (Currently, UltimateTax offers services through SBTPG (Santa Barbara) and EPS)
- Once the bank is selected, you will notice forms for the selected bank appear in the forms tree on the left side of the window. Be sure to fill these out as accurately as possible to ensure a smooth process for your taxpayer.
Note: To have your fees appear and be listed on the bank app, use the Price form in the software to fill this out. The total from the Price sheet will appear on the bank application on the Tax Preparation Fees line.
IRS Due Diligence requirements for bank products