Side by side
FIS Tax Reporting Manager vs WorldSharp 1099/1042-S Preparation System – 2025 Version
Both stand on tax information reporting software. Which one you can start free with, which one lets you read the code, and what each costs once you pay.
Financial institutions seeking web-based tax reporting across several account types and specialized assets should consider FIS Tax Reporting Manager. Its validation, correction, processing and integration capabilities support ongoing reporting work. Contact FIS for pricing and confirm that the listed browser requirements fit your environment.
Visit FIS Tax Reporting ManagerWorldSharp covers data import, printing, and electronic reporting across numerous information returns. Check the premium 1042-S requirement and database setup if you need those capabilities or concurrent users.
Visit WorldSharp 1099/1042-S Preparation System – 2025 VersionThe facts
| FIS Tax Reporting Manager | WorldSharp 1099/1042-S Preparation System – 2025 Version | |
|---|---|---|
| Free plan | Not published | No |
| Open source | Not published | Not published |
| Runs on | Web | Windows |
| Lowest paid plan | Free or on request | 1099/1042-S Preparation System – 2025 Version: $149.95, paid once |
| Plans published | 1 | 1 |
| Maker | Not published | Not published |
| Website | wsc.com | worldsharp.com |
| On tax information reporting software | #19 of 26 | #23 of 26 |
FIS Tax Reporting Manager: what it does well
- Supports Forms 1099, 1042-S, 5498 and K-1.
- Covers specialized assets including REMICs, MLPs, REITs and WHFITs.
- Provides data validations and correction management.
- Offers filtering, account summaries and processing dashboards.
- Coordinates with cost basis systems and OFX tax preparation feeds.
What to know first
- Pricing is available on request.
- The listed platform is web only.
- Browser requirements include specific minimum versions and enabled JavaScript and cookies.
WorldSharp 1099/1042-S Preparation System – 2025 Version: what it does well
- Supports many information-return forms
- Imports multiple file formats
- Electronic filing included
- Corrections and extensions supported
- No stated issuer or form limits
What to know first
- Starts at $149.95, paid once
- 1042-series support needs premium option
- Default database allows one user
- Form 1042 cannot be e-filed
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