Tax year 2026
Ready for your CPA
Your confirmed records so far, arranged the way a Schedule C is filed. Records as of Oct 7.
3 to do · 1 worth a look
Schedule C
Profit or loss from business, so far
Year to date, from what you've confirmed. Not a filed return.
| Line | Description | Amount |
|---|---|---|
| 1 | Gross receipts or sales22 confirmed deposits | $53,254.00 |
| 8 | Advertising | $240.00 |
| 9 | Car and truck expensesStandard mileage rate, from the business miles you entered. | $540.10 |
| 13 | Depreciation and section 179 expenseShown at cost. Whether it's depreciated or expensed under section 179 is your CPA's call (Form 4562). | $2,399.00 |
| 17 | Legal and professional services | $350.00 |
| 18 | Office expenseSoftware and subscriptions. | $711.92 |
| 22 | Supplies | $189.74 |
| 24a | Travel | $772.85 |
| 24b | Deductible meals$201.70 spent. 50% of what was spent, as the IRS allows. | $100.85 |
| 28 | Total expenses | $5,304.46 |
| 29 | Tentative profit | $47,949.54 |
| 30 | Business use of homeSimplified method, from your square footage. | $750.00 |
| 31 | Net profit | $47,199.54 |
Estimated tax payments
- Q1 · paid Apr 14$2,400.00
- Q2 · paid Jun 12$2,400.00
- Total paid$4,800.00
Your numbers are your numbers. You confirm every deposit and expense here, and you're responsible for their accuracy; Setaside organizes what you confirm and doesn't verify it.
Ready to file
What your CPA would otherwise ask you
Clear these and your records can go straight to a CPA without a follow-up call.
From your records
What Setaside can check for you.
- To do
1 deposit to review
Confirm whether each is business income. Unreviewed deposits are left off the return.
- To do
16 purchases to categorize
Anything left uncategorized isn't deducted, so the return would overstate profit.
- To do
No payment recorded for Q3
Record it if you paid; if you didn't, the dashboard shows what to pay now.
Worth a look
Not necessarily wrong. Confirm these before your records go to a CPA.
- Check
Equipment: Apple Store, $2,399
Your CPA decides whether this is depreciated or deducted in full this year.
What only you know
No bank feed can see these. Answer them below, or have them ready for your CPA.
- Have ready
Retirement contributions
SEP-IRA, solo 401(k), or IRA contributions for the year.
- Have ready
Interest and dividends
From bank accounts and investments. Your CPA also needs any W-2 or a spouse's income if you file jointly.
- Have ready
Last year's return
Your CPA uses it for carryovers and the safe-harbor amount.
- Done
Your 1099 forms
Expecting 4. Upload them when they arrive in January.
- Done
Home office
150 sq ft, simplified method.
- Done
Business miles
730 miles entered.
- Done
Health insurance you paid yourself
$3,600 for the year.
What only you know
Answer what your bank can't show us
Leave anything you're unsure of blank. Home office and mileage lower your self-employment tax; health insurance and retirement lower income tax only.
Export
Your records, in a CPA's format
Draft formats until your CPA confirms their template. Built on this device from the summary above; nothing is sent anywhere.
Key-in sheet
Schedule C lines in form order, for staff to type from.
Trial balance
Accounts with debits and credits and a tax-code column, for UltraTax's import.
Client reference SA-DEMO0001. No Social Security number or ID is ever included.
Your partner CPA
Hand your year to a CPA who files it
A preview of the partner CPA flow. In the demo nothing is sent or saved.
- 1
Sign your CPA's engagement letter and e-file authorization
On your CPA’s own site. Your identity details go straight to them; Setaside never sees or stores your Social Security number. Give them your Setaside reference SA-DEMO0001 so they can match your records.
Your CPA’s sign-up link will appear here.
- 2
Let Setaside send your records to your CPA
- 3
Send this year's records
The same Schedule C summary and files you can download above.
Needs your consent in step 2 first.
Year two: your CPA’s quarterly vouchers
After your CPA files your return, they give you 1040-ES vouchers for next year, based on the tax you just filed. Paying those amounts protects you from underpayment penalties. Enter them and your reminders use them instead of our estimate.
Your return looks Complex: equipment that may need depreciating.
Equipment to depreciate, more than one state, or both spouses self-employed. Price set before launch.