What's Up with Worthy — November 12, 2025

🎯 What's New in This Update

• Expanded Tax Form Coverage - Added support for IRS Schedules 2, 3, and B to handle more complex individual tax return scenarios

• Tax Validation System - New validation system automatically detects potential errors and missing documents to improve accuracy and completeness

• Roth Conversion Calculator - Interactive planning tool that enables proactive retirement conversations and helps clients evaluate tax optimization strategies

✨ New Features

Expanded Tax Form Coverage

Added Schedules 2, 3, and B. Worthy now supports three additional critical tax schedules, expanding from "simple 1040 filers"

• Schedule 2: Additional Taxes

  • Alternative Minimum Tax (AMT)

  • Self-employment tax

  • Additional Medicare tax on high earners

  • Net Investment Income Tax (NIIT) for investment income over thresholds

  • Household employment taxes (nannies, household workers)

• Schedule 3: Additional Credits and Payments

  • Foreign tax credits

  • Education credits (American Opportunity, Lifetime Learning)

  • Retirement savings contributions credit

  • Residential energy credits (solar, heat pumps, etc.)

  • Estimated tax payments tracking

• Schedule B: Interest and Dividend Income

  • Interest income from multiple bank accounts

  • Ordinary dividends from investments

  • Foreign account reporting requirements (Part III)

  • Automatic detection of $10K+ foreign account thresholds

Why it matters: Can now handle high-net-worth clients with foreign investments, self-employed individuals with complex tax structures, clients with significant investment portfolios, and homeowners with energy-efficient improvements.

Tax Validation System

An intelligent validation engine that automatically reviews tax returns for potential errors, inconsistencies, and missing information.

Key capabilities:

• Automated cross-checking validates Schedule totals match Form 1040

• Missing data detection identifies required schedules based on data patterns

• AI-powered analysis identifies potential issues a human might miss

• Contextual suggestions provide specific, actionable recommendations

• Real-time validation panel with color-coded alerts always visible in client detail view

• Date-aware context includes current tax year and filing deadlines

Example validations:

• "Schedule C shows business income but no Schedule SE (self-employment tax) was filed"

• "Line 7 capital gains ($15,000) doesn't match Schedule D total ($12,500)"

• "Client is 75 years old with an IRA but no evidence of Required Minimum Distribution"

• "Charitable contributions exceed 60% of AGI - may need carryforward calculation"

Why it matters: Acts as a safety net catching errors, educates advisors, and builds client trust through demonstrable quality checks.

Roth Conversion Calculator

Interactive calculator embedded directly in client pages that helps advisors model Roth conversion scenarios in real-time

Key capabilities:

• Tax bracket optimization calculates optimal Roth conversion amounts

• Back-door Roth (BTTR) projections show tax savings from contribution strategies

• Real-time impact analysis provides instant calculation of conversion tax costs vs. long-term tax-free growth

• Persistent tool canvas stays open while reviewing client data

• Client-specific context pre-populates with actual income, deductions, and current tax situation

• Multi-year projections show tax savings over retirement timeline

Use Cases:

• "Should I convert my traditional IRA to Roth this year?"

• "How much can I convert without jumping to the next tax bracket?"

• "What's the break-even point on paying conversion taxes now vs. later?"

Why it matters: Supports advisor with "proactive retirement planning," creates upsell opportunities for ongoing advisory services, differentiates from competitors showing only historical data, and enables sophisticated conversations during client meetings.

QCD (Qualified Charitable Distribution) Opportunity Alerts

• Automatically detects clients over age 70½ with retirement accounts

• Shows prominent alert about QCD opportunities (up to $105,000 tax-free donation directly from IRA)

• Helps advisors proactively suggest tax-saving strategies for older, charitably-inclined clients

• Particularly valuable for clients who don't itemize deductions

AI Chat Feedback System

• Thumbs up/down on every AI chat response

• Captures what worked and what didn't for continuous improvement

• Database storage for analytics and model fine-tuning

• Helps improve tax advice accuracy over time

🔧 Improvements

Full-Screen Mode

• Maximizes client data view during meetings

• Better screen sharing experience for virtual consultations

• Improves presentation flow for client reviews

Enhanced Document Upload with Retry Logic

• Automatic retry with exponential backoff for failed uploads

• Better handling of network hiccups during bulk uploads

• Improves reliability during peak usage times

🐛 Bug Fixes

No bug fixes reported in this release.

Questions? hello@withworthy.com