Eliminate State Tax Drag.
Make Your CPA Love You.
Stop manually calculating state tax-exempt interest. Fin Pods automatically extracts dividends, maps bookmarks, applies state-specific tax logic, and generates audit-ready workpapers that bridge the gap between Wealth Management and Tax Compliance.
Did you know missed state tax-exempt interest is the single biggest blind spot in client returns?
It is a simple concept, but a tedious execution. Because brokerage 1099s rarely break down state-specific percentages, busy CPAs often skip the calculation entirely, or Advisors miss the data entry.
The Result: Your clients could be overpaying $100's, if not $1,000's of dollars annually.
Check: "MA Sch B > Line 6a"
Built by a CFP®/EA to Save You Time
Automatic 1099 Bookmarking
We scan the massive brokerage PDF and instantly bookmark the "Tax-Exempt Interest", "1099-INT", and more. No more Ctrl+F. Hand your CPA a clean file they can actually use.
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") so data entry is foolproof.
Proprietary Data Extraction
Fin Pods utilizes internal algorithms and acquired datasets to parse your 1099s. While our system covers the vast majority of funds, we recommend the industry standard, Mutual Fund Publishing Company (MFPCO), as your primary fallback for manual verification or the fund issuers themselves.
Visit MFPCOHow 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 tax-exempt dividends, reference state thresholds, and calculate the deductible portion.
Get Workpapers
Receive a verified Excel (.xlsx) file for calculations and a consolidated PDF with original source pages bookmarked for your audit file.
Important Notice: Fin Pods AI 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 using MFPCO or official fund prospectuses for definitive verification.
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.
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 Bonds (Munis)?
No, not at this time. For municipal and local bonds, we recommend other tools like MFPCO.
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.