Extracting useful information for tax returns (David T.)

[J. Alex Aycinena]

David:

On Tue, Apr 7, 2009 at 10:54 AM, David T. <sunfish62 at yahoo.com> wrote:
>
> Alex--
>
> Yes, I am using the new TXF report. I do like this report a lot. For my purposes, I would prefer the TXF report to default to the account summary level, which provides a nice summary for my accountant (who is not using the TXF file, but rather the reports).
>
> For the details, I prefer to focus on those areas where my accountant wants more specificity; that is, the accounts where I have to provide verification. My accountant doesn't need to see transaction level detail for my paycheck tax accounts, since I get a W2 for these. If my numbers match the W2, all is good (and my books have one area of support for their reliability), and my accountant doesn't need to see more.
>
> For my charitable contributions, however, the accountant wants line by line information, just to be sure I'm solid with my numbers.
>

I understand. The Tax Report either shows transaction detail for all
accounts selected or it doesn't for all accounts selected. That is, it
can't show transaction detail for some selected accounts but not for
others in the same run. That would be complex to add, I think. You
could use two runs of the report though, one with all the accounts
selected and no transaction detail, and a second run with just the
accounts selected that you want details for and with transaction
detail set. The totals of that second report would tie to the first
for those accounts and provide the detail.

> The TXF detail report includes all the tax-related accounts, which is too much in this circumstance. In addition, the TXF report includes a notes column that I do not want, and cannot seem remove from the options. This column gives me a note field that never appears anywhere else, with technical information about the imported transactions. Thus my custom report.
>

You don't have to print 'all the tax-related accounts'; you can select
to print a subset of them through the options. Yes it includes the
'notes' field with no option to remove.

> HTH,
> David
>

Alex