TurboTax + Probate & Estate Administration: Complete Workflow
Preparing for probate & estate administration and using TurboTax? Executors and solicitors handling probate need to review the deceased's bank statements to value the estate, identify debts, and distribute assets. BankScan AI bridges the gap between your bank's PDF statements and TurboTax's import feature.
BankScan AI → TurboTax for Probate & Estate Administration
Convert bank statement PDFs to CSV formatted for TurboTax import. Convert the deceased's bank statements to Excel for fast estate valuation, identification of standing orders, direct debits, and outstanding payments.
How It Works
Upload your bank statement PDF
Supports all major banks. Upload Date of death statement plus 6-12 months prior to identify regular commitments, standing orders, and direct debits to cancel of statements.
AI formats for TurboTax
Output as CSV with N/A — TurboTax is tax filing software. Use BankScan AI output as a working reference to complete income and deduction sections. — dates in MM/DD/YYYY (for reference).
Import and use for probate & estate administration
Upload into TurboTax and use the reconciled data for probate & estate administration.
Supported Banks
BankScan AI works with all major UK and US banks, including:
TurboTax + Probate & Estate Administration Features
- TurboTax ready — Output formatted as CSV matching TurboTax's expected column structure
- Smart integration — TurboTax's expense finder feature works alongside BankScan AI data — cross-reference your converted statements with TurboTax's deduction suggestions for maximum tax savings.
- Built for Probate & Estate Administration — Convert the deceased's bank statements to Excel for fast estate valuation, identification of standing orders, direct debits, and outstanding payments.
Import for Probate & Estate Administration into TurboTax
After converting your bank statements for probate & estate administration:
- TurboTax doesn't import bank CSVs directly
- Use BankScan AI to convert PDFs to Excel, then sort transactions by category to identify deductible expenses for manual entry into TurboTax
Common Import Issues
No direct import. Common mistake: trying to upload CSV into TurboTax. Instead, use the spreadsheet to verify W-2 income, identify 1099 payments, and find deductible expenses.
TurboTax Import for Probate & Estate Administration
IHT400 must be submitted within 12 months of death to avoid interest charges; probate grant cannot be issued until HMRC receives the IHT forms
Convert for TurboTax + Probate & Estate Administration