Capture Hidden Tax Alpha.
Stop Overpaying State Taxes.
Provide a higher level of service by capturing tax savings your competitors leave on the table.
Did you know missed state tax deductions are the one of the biggest drains on client "Tax Alpha"?
It is a simple concept, but a tedious execution. Standard 1099s are designed for Federal reporting, not State optimization.
The Result: Your clients could be overpaying $100's, if not $1,000's of dollars annually.
"Uploaded my first 1099, very easy to use! I personally like the Excel format."
Check: "MA Sch B > Line 6a"
Built by a CFP®/EA to Save You Time
Runs in seconds with:
Automatic 1099 Bookmarking
We scan the massive brokerage PDF and instantly bookmark the "Tax-Exempt Interest", "1099-INT", and more. No more Ctrl+F. Instantly surface the data needed to reduce your client's state tax liability.
Compliance Logic Included
We don't just extract numbers; we validate them. Our system respects the 50% Asset Threshold Rule for states like California and New York, ensuring you don't accidentally claim ineligible interest and trigger an audit.
Exact Line Instructions
Fin Pods tells you (and your tax preparer) exactly where the numbers go. We provide state-specific instructions (e.g., "Schedule CA Part I, Section B, Line 2b"). Turn complex state tax code into a clear, actionable advantage for your clients' bottom line.
How It Works
From messy PDF to clean workpaper in seconds.
Upload 1099
Upload the consolidated brokerage PDF. We support major custodians instantly.
Analysis & Logic
We extract the state tax-exempt dividends for Box 1a, reference state thresholds, and calculate the deductible portion.
Get Workpapers
Receive a math-checked Excel (.xlsx) file for calculations and a consolidated PDF with original source pages bookmarked for your audit file.
Important Notice: The Brokerage 1099 Standardizer is a data aggregation and calculation tool designed to assist tax professionals. This service does not constitute tax advice. Users are responsible for verifying all extracted data and calculations against original source documents. We recommend checking official fund supplements and 1099's for definitive verification. Information may change and be corrected by fund issuers.
Frequently Asked Questions
Does this handle Federal Obligations?
Yes! This is our core specialty. We automatically identify US Government obligations (like Treasuries) within mutual funds and locate the percentage eligible for state tax exemptions from fund issuers based on your specific state's logic.
Can we search the database ourselves?
Yes! Search by name or ticker. Includes source URLs and tax supplements.
Does this handle the Foreign Tax Credit?
Partially. The relevant page in your PDF is automatically bookmarked for easy access, but automatic calculation is not handled yet. We hope to add this feature soon!
Does this handle Municipal Bond Funds?
Yes! We currently support iShares and Vanguard Muni Funds and are committed to adding funds needed by our users.
At this time we don't anticipate adding support for individual bonds for the 2025 Tax Season.
Does this work with scanned or poorly uploaded PDFs?
At this time we recommend uploading digital copies straight from the Custodian. We are working to improve our extraction logic for messy documents during tax season.