UltraTax Source Document Processing Versus 1040SCAN Comparison

How does UltraTax CS Source Document Processing stack up to 1040SCAN?

Scan-and-populate technology drives meaningful savings to your bottom line. However, all scan-and-populate solutions are not created equal. 1040SCAN automates more than five times the documents of UltraTax Source Document Processing. 1040SCAN includes our award-winning workpaper system, SPbinder, to reduce preparer and reviewer time. Only SurePrep offers an optional OCR data verification service to maximize efficiency. When combined with SurePrep’s newest 1040 productivity solution, TaxCaddy, 1040SCAN delivers the most automated and streamlined 1040 process for both you and your clients.

Here’s how 1040SCAN and Thomson Reuters UltraTax Source Document Processing compare. Click here for a PDF version of this comparison.

1040SCAN automates more than 5x the documents of UltraTax SDP

*Based on current SDP factsheet.

Optical Character Recognition 1040SCAN UT SDP
Organizer Pages
Source Document Types 39 35
Brokerage Statements 546 60
Grantor Letters 42 0
State K-1s 22 0
Functionality 1040SCAN UT SDP
Integrates with TaxCaddy
RESTful API available
Eliminates human verification for native PDFs 1
Includes SPbinder 2
Free Pre-Verification 3
Optional Verification Service4
Optional Full Preparation Service


  1. 1040SCAN PRO and 1040SCANverify only.
  2. SPbinder is SurePrep's award winning workpaper system that integrates with PDF, Excel, Word, and Outlook emails. UT SDP offers PDF workpapers only.
  3. In order to discover new 1099-B formats as early in the tax season as possible, SurePrep offers a Pre-Verification program at no cost.
  4. With any scan-and-populate software, it's a best practice to verify OCR'd source document data for accuracy before it gets exported to tax software (UltraTax). Optionally, SurePrep can perform this verification for you.

What are UltraTax users saying?

SurePrep is the leader in 1040 productivity for CPA firms. We deliver seamless integration with UltraTax to automate and streamline the entire 1040 process for both the taxpayer and CPA. Our solutions are used by more than 19,000 tax professionals ranging from Big 4 firms to sole practitioners to reduce administrative costs, automate workpaper preparation, maximize review efficiency and improve client service. Our award-winning solutions deliver meaningful savings to the bottom line. But don't take our word for it, we used a third party to survey our customers who use UltraTax.

1040SCANverify can be a lifesaver for extensions. If you’re in a crunch and you need to quickly calculate an extension payment for clients that have primarily standard documents, it [1040SCANverify] can quickly calculate the tax liability.

Beth Attebery, CPA The Henry Levy Group