NEW Populate LITE with Trades Summary

Populate LITE with Trades Summary is for tax professionals who want to automate data entry for trade summaries but prefer self-validation products, like Organize LITE and Populate LITE. Here’s why users choose Populate LITE with Trades Summary:

  • Ability to input Trades Summary data for import into Drake Tax Software
  • Users can input short-term, long-term and undetermined covered and non-covered trade totals directly into Populate LITE
  • Self-validated
  • Ready for validation in minutes
  • Trades summary is included at no extra cost with the Populate LITE product.

What is Populate LITE?

Populate LITE is a new GruntWorx product being offered exclusively to Drake Tax Software customers. Populate LITE is designed to give customers the benefit of automating Form 1040 data entry, but with a do-it-yourself product featuring a quicker turnaround time and lower cost. Populate LITE users still receive an organized, bookmarked, and searchable PDF, as well as an XML file with extracted data to import directly into the client’s return.

Key Features:

  • Self-validated product
  • Turnaround time in minutes
  • Lower cost!
  • Use at your own pace
  • Bookmarked, searchable PDF
  • Import file of client’s extracted data

What is the Difference between Populate and Populate LITE?

The major difference between Populate and Populate LITE is how the accuracy of the output is validated. Whereas Populate is reviewed by US-based GruntWorx human validation specialists, Populate LITE is validated by the customer in a user-friendly application specifically designed by GruntWorx. With its web-based UI, users are able to quickly and accurately review data at their own pace.

How much does Populate LITE cost?

Drake Software customers will have exclusive access to Populate LITE for a limited time at the introductory price of $0.10/page.

How do I get started?

Starting January 2021, activate your account for a free trial, which includes a $40 credit to test out Populate LITE. If you want someone to help you learn to use Populate LITE, we offer a FREE demo with a live person.

What if I’m already a GruntWorx customer?

Coming in Tax Year 2020, you’ll have access to the new Populate LITE product using your existing GruntWorx interface and inventory.

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Need help getting started?
Call 877-830-6059 to set up a free demo or click here to sign up for a webinar today.

Populate LITE Quick Start Guide

Populate LITE Quick Overview


Populate LITE Trades Summary


Toolbar Overview


How to Review Data in Populate LITE


Forms with Multiple Records


How to Group Pages


How to Ignore Pages


Document Classification & Reclassifying


How to Access a Populate LITE job


How to Cancel a Job within Drake Tax

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