Editable financial workspace for standards review and case saving.
Financial Analysis Report
TITAN TAX TOOLS
Financial Analysis Report
Client Claimed • IRS Standards • Tax Pro Verified
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Client Details
Client details are used to complete applicable IRS forms and resolution documents.Filing status and household size must match the most recently filed tax return; any changes will require substantiation.Married Filing Separately taxpayers in community property states are generally required to include both spouses’ details.
Household & Taxpayers
Filing Status
Household Size
Dependents
Other Household Members
Shared Expense Classification
Primary Taxpayer
Secondary Taxpayer
Dependents
Address & Phone
Assets
Only general information is required. Institution name, account type, and current value.Do not include account numbers or private identifying information.Business/Self-Employed assets should not be duplicated here. Assets should be added only once.
Bank Accounts (Personal and Business)
Bank Institution Name
Personal / Business
Checking / Savings
Current Balance
Cash on hand
Investment / Retirement Accounts
Institution Name
Account Type
Ownership Percent (optional)
Current Balance
Stocks / Securities & Digital Assets
Institution / Exchange
Asset Type
Ownership Percent (optional)
Current Market Value
Other Real Property / Equitable Property
Property Type
Personal or Business
Description / Address
Fair Market Value (FMV)
Lien
Total Available Assets: $0
Primary Residence
Housing Type
Property Type
Year Purchased
Purchase Price
Final Payment Date
Mortgage Balance
Monthly Payment
Property Taxes (monthly, if not included in mortgage)Property Insurance (monthly, if not included in mortgage)Repairs/Maintenance (monthly if not included in mortgage)Fair Market Value (FMV)Ownership percentage (optional)
Ever refinanced?
If yes, for how much?
If yes, When?
If yes, what was the money used for? (IRS will ask)
Vehicle(s)
Year, Make, Model
Vehicle Use
Ownership Percentage (optional)
Year Purchased
Current Balance
Monthly Payment
Final Payment Date
Fair Market Value (FMV)
Income
Has your household income decreased since last year?
Proof of loss of income required: Provide 3 most recent and consecutive paystubs from all employers and bank statements from all banking institutions, current P&L statement.
To ensure the most accurate results, please enter gross income rather than net income.
W2 Employer
Employer Name
Years with employer
Pay Frequency
Gross Wages (monthly)
Total Taxes (monthly)
Supplemental Income
Supplemental Income
SSI Details
Start Date
Gross Monthly Benefit Amount
Federal Taxes
Disability Details
Start Date
Gross Monthly Benefit Amount
Federal Taxes
Annuity Details
Start Date
Gross Monthly Benefit
Federal Taxes
Pension Details
Start Date
Gross Monthly Benefit
Federal Taxes
Business / Self-Employed
Business
Business Name
EIN
Ownership Percent (optional)
Active?
Accounting Method
Tax Year/Year End
Business Type/Industry
Employees
Monthly Income
Monthly Expenses
Monthly Net
Business Profit & Loss
Income
Source
Gross Income
Frequency
Monthly Amount
to
Expenses
Category
Amount
Frequency
Monthly Amount
to
Business Asset(s)
Category
Description
Value
Current Loan
Remaining Balance
Monthly Payment
Encumbered Asset
Encumbered Assets?
Encumbered Asset Details
Monthly Payment
Business Simplified
Business Name & Type
Gross Monthly Wages
Monthly Expenses
Net Monthly Wages
1099/Self-employed
Job/DBA & Industry
Accounting Method
Tax Year / Year End
Monthly Net
Profit & Loss
Income
Source
Gross Income
Frequency
Monthly Amount
to
Expenses
Category
Amount
Frequency
Monthly Amount
to
1099/Self-Employed Simplified
Business Name/DBA & Type
Gross Monthly Wages
Monthly Expenses
Net Monthly Wages
Expenses
Food / Personal Care
Monthly Total
Food
Housekeeping supplies
Clothing & clothing services
Personal care products & services
Miscellaneous
Transportation
Monthly Total
Gas / Insurance / Licenses
Parking / Maintenance
Public Transportation
Housing & Utilities
Monthly Total
Rent (if mortgage not listed above)
Renter’s insurance
Electric / oil / gas / water / trash
Telephone / cellphone / cable / internet
Repairs / maintenance (if not captured above)
Health Insurance & Medical Reimbursements
Monthly Total
Monthly Health Insurance Premium
Is your Health Insurance private, through an employer or through the market place?
Does an employer, Marketplace Plan, or other source pay for, or reimburse any part of your health insurance?
Monthly amount applied to insurance premium
Monthly amount applied to out-of-pocket medical expenses
What is the client planning to do with the life insurance policy?
Retirement contributions (Employer Required)
Retirement contributions (Voluntary)
Required Work/Employment ExpensesMonthly Payment
Union Dues
Delinquent State/Local TaxesMonthly Payment
Federal College/University LoansMonthly Payment
Court Ordered PaymentsMonthly Payment
Secured DebtsMonthly Payment
Tax Resolution - Professional Representation FeesMonthly Payment
Additional ExpensesMonthly Payment
Expense Comparison
Expense
Client Claimed
IRS Standards
Tax Pro Verified
Mortgage
Food
—
Housekeeping Supplies
—
Clothing & Clothing Services
—
Personal Care Products & Services
—
Miscellaneous
—
Total Food / Personal Care
Vehicle 1 Ownership
Vehicle 2 Ownership (if applicable)
Vehicle Operating Cost
Public Transportation
Rent
Utilities Electric / oil / gas / water / trash
Media Telephone/Cellphone/Cable/Internet
Property or Renters Taxes & Insurance
Repairs/Maintenance
Total Living Expense
Health Insurance Premium
Out of Pocket Medical
Child/Dependent Care
Estimated Tax Payments
Term Life Insurance
Retirement (Employer Required)
Retirement (voluntary)
Union Dues
Delinquent State and Local Taxes (minimum payment)
Student Loans (minimum payment)
Court Ordered Child Support
Court Ordered Alimony
Other Court Ordered Payments
Secured Debt
Life Insurance
Vehicle age 9+ years OIC Only
—
—
Monthly Business Expenses
Expense Totals:
OIC:
Above-standard amounts require substantiation. Above-standard allowance does not increase Miscellaneous. Miscellaneous remains limited to the applicable IRS standard.
Totals
Totals
Client Claimed
IRS Standards
Tax Pro Verified ACS
Tax Pro Verified OIC
Total Gross Income
Total Taxes
Total Income (Total Income = Total Gross Income - Total Taxes)
Total Expenses
Total Disposable Income (Total DI = Total Income - Total Expenses)
Required Substantiation Based on Tax Pro NumbersIRS Rules & Authority
Substantiation Required
Titan Tax Tools — Titan Tax Tools is a private product of C.M. Blueprints LLC and is not affiliated with or endorsed by the IRS.
