Eligibility · Who Is Reportable, and Why

Who needs which form, in which jurisdiction, and why.

Before anything can be filed, someone has to make that call for every account you report on. Taxbit's eligibility engine makes it, and shows the rule behind each answer.

Identifying eligibility across your data.

It is the most defensible reason firms choose Taxbit over form generation vendors and in-house builds.

Who is reportable, mapped automatically.

For a given form and tax year, the engine evaluates account owner data, transaction activity, the documentation on file, and each jurisdiction's thresholds.

Half the answer is who you don't report: out-of-scope accounts resolve to non-reportable, with the reason kept.

Every answer carries its rule.

The Eligibility view is the control center: who is eligible for a given form and tax year, and where the data needs work before filing. Re-run any decision and the rule behind it is cited.

The rules are written by Taxbit's in-house tax and regulatory specialists, and maintained as the regimes change.

The other half of information reporting.

Information reporting splits in two: deciding who is reportable and under which rule, and the filings themselves. This page is the first half, and its output moves straight into form generation and QA.

The second half lives at Information Reporting: the filings, and every customer's copy.

Who needs which form, in which jurisdiction, and why.

Identifying eligibility across your data.

Who is reportable, mapped automatically.

Every answer carries its rule.

The other half of information reporting.

Years of information reporting, and the industry's first 1099-DA season delivered with zero misses.

See it against your own data.