Taxstra • Planning worksheet • 2026-09-07
Use this worksheet alongside the guide. The figures and schedules are educational illustrations, not individualized tax advice or a recommendation for your circumstances.
Read the explanation in the guide before filling in the schedule. Keep the illustrated values separate from your actual records. For each row, identify the supporting document, applicable period, unresolved assumption, and person responsible. Do not treat example percentages or classifications as established facts for your situation.
| Record | What it supports | Who resolves a difference | Your records / questions |
|---|---|---|---|
| Executed contract and approved changes | Authorized scope and billing value | Project management with the contracting parties | |
| Progress evidence | Work included in the request | Project manager and required reviewer | |
| Stored-material support | Eligibility and amounts under the contract | Project team and contract administrator | |
| Prior certified applications | Cumulative amount already certified | Billing team and reviewer | |
| Receivable and receipt ledger | What has been invoiced and collected | Accounting team |
| Reconciliation | Calculation | Amount | Your records / questions |
|---|---|---|---|
| Current authorized contract | $500,000 + $50,000 | $550,000 | |
| Supported completed work and stored materials | Assumed cumulative amount | $220,000 | |
| Retainage held | $220,000 × 10% | ($22,000) | |
| Cumulative amount less retainage | $220,000 − $22,000 | $198,000 | |
| Prior certificates | Assumed cumulative amount | ($126,000) | |
| Current request in this example | $198,000 − $126,000 | $72,000 | |
| Contract value not yet completed or stored | $550,000 − $220,000 | $330,000 |
These fields stay in this document. Taxstra does not receive the information. Print to paper or PDF if you want to retain completed entries; do not rely on browser storage.
Explore the relevant Taxstra service. Use the consultation to establish fit and scope; individualized analysis and implementation require an engagement.