TaxBandits Knowledge Base

How do you file your Correct Prior report with TaxBandits?

Please follow these steps if you need to make any corrections to the BOI report you submitted, such as changing beneficial owner information, company applicant details, or reporting company information. 

Step 1: Sign in to your TaxBandits account.
Step 2: From the home dashboard, click "Start BOI Report."

Step 3: Enter your company's legal name and click "Continue" to start your BOI reporting.

Step 4: Choose the “Correct Prior Report” option and click "Save and Continue."
 

 

Step 5: You can make corrections to your reporting company details, such as name or address, in the BOI report you submitted earlier. Ensure those corrections are correct, and then click "Save and Continue."

Step 6: Correct your company applicant details by clicking on the "Add Company Applicant" button.
 

Step 7: By selecting "Add Company Applicant," you can manually enter the correct information about your company applicant in the respective fields, upload the correct and clear image of the identification document, and click "Save and Continue."
 

By clicking the "Select Company Applicants" option, you can choose from previously submitted company applicant details, then click “Continue”.

Step 8: Then, use the edit option to make corrections of previously entered details of your company applicant in the respective fields, then click “Save and Continue”. 
 

 

 

Review all the details about the company applicants and click "Continue" for further processing.
Step 9: You can correct your beneficial owner's details on this screen. Click the "Add Beneficial Owner" button. 
 

Step 10: Select the following option:

• Add Manually - By choosing this option you can enter the correct information of the beneficial owner manually 
• Select from Address Book- Choose the beneficial owner from the address book.
• Invite Beneficial Owner - Send a secure link to the beneficial owners via mail to complete their details securely.Click here it learn how to invite Benefical Owners. 

Step 11: Select the "Select from Address Book" option to select from previously entered owners' details, then click “Continue.”

Step 12: Use the edit option to correct the mistakes in previously entered information, such as name and address, in the appropriate fields, and then click "Save and Continue."
 

Review all the details about the beneficial owners and click "Continue" for further processing.
Step 13: Now, you can view all the details you entered, edit if necessary to add or remove information you previously entered, and then click "Continue to Pay & Submit Now."
 

Step 14: Select your plans and packages based on your business, and then click "Proceed to Payment."

• Enter your card details and submitter information. 
• Once you fill in the details, click on the "Pay & Submit" button to process the payment. 

 

 

 

Once you successfully submit it, TaxBandits will email you the status of your corrected BOI report. You can also download a copy from TaxBandits BOI Reporting Dashboard by clicking the “Download Order Receipt”. 

 

 NOTE: Any corrections should be made, and a "Corrected BOI Report" must be submitted within 30 days.