Review your books before tax preparation
Identify bookkeeping questions and collect the reports needed for review.
On this page
Before you start
- Choose the tax year and gather statements, receipts, loan records and asset schedules.
Step 1: Open Tax review
Go to Reports > Tax review. Use the full portfolio and selected year supported by this report.
Step 2: Investigate review items
Read each item and inspect its source records. Complete categories and documentation when appropriate. A flag is a question to investigate, not an instruction to invent an expense.
Step 3: Compare supporting reports
Review profit and loss, Schedule E, mileage and fixed assets for the same year and scope. Reconcile significant differences.
Step 4: Prepare downloads
Download the relevant report or tax packet when offered. Open the files to verify coverage before sharing.
Check the result
- Outstanding questions are identified and the exported files have the intended coverage.
FAQs
Can Tax review show just one rental?
The current view uses the full portfolio and year. Use a property-scoped report or tax packet for an individual rental.
Does a clean review guarantee correct taxes?
No. It reports what that view can detect. Check source records and obtain professional review; no return is filed by this action.