Please refer to the steps outlined below for information on how to update form data within the Taxbit Dashboard.
Please note: The process to update a form is the same regardless of the form’s current filing status or tax year. Once the updated data is ingested and the form is regenerated, Taxbit will automatically recognize the appropriate form type when you generate the updated form, whether that is an original revision, a correction, or a void.
Export the Form Data Export
The Form Data Export is a pre-populated template that includes the current information on file for the filtered population within the Eligibility page. This export is properly formatted to be directly ingested into our platform, which allows for quick changes to the extent any updates to the form data are required.
Step 1: From the Eligibility page, select the tax form and tax year from the top-right drop-downs.
Step 2: Filter to the necessary accounts.
Step 3: Select “Export” from the top right of the Eligibility table.
Step 4: From the next window, select the checkbox next to “Form Data Export”.
Step 5: Select "Export" from the bottom.
Ingest the Form Data Template
After editing the Form Data Export with the necessary corrections, you will need to ingest it to update and regenerate the associated tax forms.
Step 1: From the Ingest page, select the “Form Data” file type from the top.
Step 2: Select the form type and the form year from the drop-downs
Step 3: Select “Download Template” from the right to download the form data template.
Step 4: If you need any help formatting the template, select the “Follow the guide” link to download the template formatting guide for that specific form. Once formatted, upload the file via the file uploader, and select “Upload File” from the bottom.
Please note: For more information on the steps for data ingestion, please refer to the following guide: How to Ingest Data
Once the Form Data has been re-ingested, you can then proceed with generating the associated forms and approving the filing. Please refer to the below guides for more information on how to generate forms and approve filings: