After you’ve completed all of your Office Configuration, you are ready to begin Tax Returns! To Start a New Tax Return in the Keystone Tax Solutions ProWeb Program, from the Welcome Page for your office select: Start a New Tax Return  Click Start Return at the bottom of the popup…

A Safe Harbor Election for Tangible Property involves a taxpayer’s option to elect to expense certain items rather than capitalize them. This allows the taxpayer to deduct in the current tax year the entire amount of the expenditure rather than depreciate the item over some period of time. These expenditures…

Tax Returns that have been deactivated can be reactivated within the Keystone Tax Solutions ProWeb program. To reactivate a return: Click on Start a New Return from the Welcome Page for your office Enter the Social Security Number for the deactivated return  The program will then prompt you to Remove…

Printing a Return in Keystone Tax Solutions ProWeb can be done from either within the tax return or from the Office Client List. You can print from within the tax return either from the Submission Page or the Summary page. Submission Page: Select the drop-down box above Print Return  Select…

Form 8862 is required to be filed with a taxpayer’s tax return if both of the following apply: The taxpayer’s claim for the Earned Income Credit was reduced or disallowed for any reason other than a math or clerical error. The taxpayer would now like to claim the Earned Income…

Acknowledgements in ProWeb Keystone Tax Solutions ProWeb receives acknowledgements real-time for your clients. These acknowledgements can be checked at any time by going to Client Search from the Welcome Page for your office or by running an Acknowledgement Report. From the Office Client List: Locate the Client you need to…

An installment agreement allows the taxpayer to breakdown their tax debt into manageable payments.  Usually an installment agreement requires equal monthly payments based on the amount of taxes owed, the amount of money the IRS can collect at one time, and the amount of time they are allowed to collect…

Imperfect Returns in ProWeb If a federal tax return is rejected for a dependent SSN/Name Control mismatch, the return can be re-transmitted and accepted by the IRS if the Imperfect Return Election is made. This election can only be made if the original return rejected with reject code SEIC-F1040-501-02 or…

In the event you have forgotten your Keystone Tax Solutions ProWeb password, you can create a new password with the following steps:  NOTE: You cannot retrieve a forgotten password for your Keystone Tax Solutions ProWeb account. You will need to create a new password. From the Login Page of Keystone…

Form 2848 is used to designate an individual to represent the taxpayer before the IRS and to allow the representative to perform all tax acts that the taxpayer would normally take care of. A taxpayer can limit which duties their representative can perform by attaching a statement to the power of…