Tax Software

#2 03-25-2005, 04:48 AM

- quote -

> I have a small business which is a proprietership
> with no payroll. I generally have an accountant do
> my taxes and file jointly with my wife (who is an
> employee of an outside company). Is there a tax
> software that will allow me to accurately file in this
> manner (i.e. proprietership, married filing jointly)?

Any personal tax software will be able to handle this.
Certainly TurboTax and TaxCut can do it.

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#1 03-25-2005, 04:29 AM

"Harkhof" <hak[at]earthlink.net> wrote:

- quote -

> I have a small business which is a proprietership with no
> payroll. I generally have an accountant do my taxes and file
> jointly with my wife (who is an employee of an outside
> company). Is there a tax software that will allow me to
> accurately file in this manner (i.e. proprietership, married
> filing jointly)?

As a sole proprietorship you would use sch-c. TaxAct
(http://www.taxact.com) has Sch-C and works very well.
There is also an active independent support forum for
TaxAct at http://groups.yahoo.com/group/TaxACTors/

--
To reply to me directly, remove the XXX characters from my
email address.

<< -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << ------------------------------------------------->

03-25-2005, 04:29 AM

Harkhof" <hak[at]earthlink.net> wrote:

- quote -

> I have a small business which is a proprietership with no
> payroll. I generally have an accountant do my taxes and file
> jointly with my wife (who is an employee of an outside
> company). Is there a tax software that will allow me to
> accurately file in this manner (i.e. proprietership, married
> filing jointly)?

I'm not one of the tax pros here, but a sole proprietorship
requires at least Schedule C and Schedule SE which are
included with most tax software. HOWEVER, you still need to
understand certain aspects of tax law at both the Federal
and state level. For example, if you do not know anything
about Schedule 179 deductions and you purchased any
equipment for your business, and/or do not understand your
obligations regarding estimated taxes, etc. you may want to
consult an accountant.

--
Vic Roberts
Replace xxx with vdr in e-mail address.

<< -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << ------------------------------------------------->

#-1 03-24-2005, 04:08 AM

I have a small business which is a proprietership with no
payroll. I generally have an accountant do my taxes and file
jointly with my wife (who is an employee of an outside
company). Is there a tax software that will allow me to
accurately file in this manner (i.e. proprietership, married
filing jointly)?

Thanks,
Hark

<< -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << ------------------------------------------------->

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