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#4
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| - quote - > Yes, TurboTax does. I would imagine that TaxCut and TaxAct
However, TT does not show you the calculation unless you> do also. exceed the threshhold for filing or if you specifically open that form. (Its disconcerting to watch oneself get closer to the threshhold each year.) << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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#3
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| - quote - > TurboTax limitations include no 1041 (to file for a trust)
TurboTax Business includes Form 1041. The personal (1040)and business programs are separate products. << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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#2
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| - quote - > Does Quicken TurboTax or other inexpensive software
Yes, TurboTax does. I would imagine that TaxCut and TaxAct> calculate the latest Alternative Minimum Tax do also. << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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#1
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| malibu.ron[at]verizon.net wrote: - quote - > Does Quicken TurboTax or other inexpensive software
Absolutely. I used TurboTax and it does AMT. I can't imagine> calculate the latest Alternative Minimum Tax non-free software not calculating this. TurboTax limitations include no 1041 (to file for a trust) and limited number of schedule E forms (more than 50 or so rentals and you need to upgrade). Joe << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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| malibu.ron[at]verizon.net writes: - quote - > Does Quicken TurboTax or other inexpensive software
I'm not sure what you mean by "latest", but yes, TurboTax> calculate the latest Alternative Minimum Tax (don't know about the others) supports AMT calculations. << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
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#-1
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| Does Quicken TurboTax or other inexpensive software calculate the latest Alternative Minimum Tax << -------------------------------------------------> << The Charter and the Guidelines for submitting > << messages to this newsgroup are at www.asktax.org > << -------------------------------------------------> |
| Tags |
| alternative, minimum, tax, turbotax |
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