Learning about taxes
Quicken can simplify the preparation of your federal income tax return. For this you just need to do these simple tasks:
Associate the appropriate tax category to the transactions that are important to you.
Run the Tax Schedule report for the required financial year.
Export the Tax Schedule report and save it on your computer.
Import the saved file into the tax software Turbo Tax. You can also submit a copy of the report to a tax consultant.
The following tax reports are available on the Reports tab.
Tax Schedule |
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Foreign Bank Accounts Report (FBAR) |
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Form 1040 |
Transactions with categories that apply to Form 1040. |
Schedule A - Itemized Deductions |
Transactions with categories that apply to Schedule A - Itemized Deductions |
Schedule B - Interest and Dividends |
Transactions with categories that apply to Schedule B - Interest and Dividends |
Schedule C - Profit or Loss from Business |
Transactions with categories that apply to Schedule C - Profit or Loss from Business |
Schedule D - Capital Gains and Losses |
Transactions with categories that apply to Schedule D - Capital Gains and Losses |
Schedule E - Supplemental Income and Loss |
Transactions with categories that apply to Schedule E - Supplemental Income and Loss |