General Sales Tax Deduction
If a taxpayer itemizes deductions, they can choose to deduct state and local income taxes or state and local general...
Software Features
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Taxes You Paid Menu
To be deductible, the tax must be imposed on the taxpayer and must have been paid during the current tax... -
Medical & Dental Expenses
Qualified medical expenses that were paid during the year for the taxpayer, their spouse and their dependents are deductible on... -
Schedule A – Itemized Deductions Menu
Medical And Dental Expenses Taxes You Paid Interest You Paid Gifts to Charity (8283) Casualty/Theft Loss (4684) 2% Deductions &... -
Form 8615 – Kiddie Tax
Note: The Further Consolidated Appropriations Act, 2020 changed the rules regarding the Kiddie Tax calculation for tax year 2019 and... -
Tax Computation Menu
Tax – The software will determine the correct method for computing tax on the tax return. The tax cannot be... -
Retirement Savings Credit – Form 8880
Form 8880 is used to figure the amount, if any, of your retirement savings contributions credit that can be claimed... -
Child And Dependent Care Expense Credit
An individual that pays someone to care for their dependents (qualifying child under age 13, or their spouse or any... -
Credits Main Menu
Foreign Tax Credit (1116) Child & Dependent Care Expenses Credit (2441) Credit for the Elderly or the Disabled (Sch R)... -
Health Coverage Exemptions / Responsibility Payment – Form 8965
Note: Beginning with tax year 2019 (filing in 2020), the Shared Responsibility Payment no longer applies and Form 8965 is...