Within TT desktop business, there are several fields that allow the user to prepare a supporting details worksheet. This worksheet adds the value of several line items and the sum is reported on the IRS tax form. At the top of this supporting details worksheet is a checkbox, "Check this box to NOT print this supporting statement."
If the box is left unchecked, will this supporting details worksheet be transmitted to the IRS?
What is the benefit of checking or unchecking this box?
Nahh..they wouldn't go to the IRS in either case.
I Use the SD sheet for when I make Estimated Quarterly tax payments, even though each is a single entry. I can enter the date, and check number if I paid by check....but I may not want to waste paper by printing it out for my files, since I keep a separate printed copy of the payment, bank statement...or confirmation if I paid online.
...having it print if there are a lot of items.....yeah...that's just smart recordkeeping, especially if it might be needed to remind yourself what was included in that final tax form entry.....or perhaps for an official audit.
You can contact Support about this matter, but I have never seen the statement print in test returns and cannot even imagine how they would ever make it to the IRS if you e-file (they are neither properly formatted nor required).
Nahh..they wouldn't go to the IRS in either case.
I Use the SD sheet for when I make Estimated Quarterly tax payments, even though each is a single entry. I can enter the date, and check number if I paid by check....but I may not want to waste paper by printing it out for my files, since I keep a separate printed copy of the payment, bank statement...or confirmation if I paid online.
...having it print if there are a lot of items.....yeah...that's just smart recordkeeping, especially if it might be needed to remind yourself what was included in that final tax form entry.....or perhaps for an official audit.