How do I prepare my tax return
Quicken transactions without a valid tax line item won't be transferred to any tax software, so making sure you assign all tax-related transactions to tax-related categories is very important. Quicken Home & Business gives you a head start by marking some standard business categories as tax related.
Once you've gathered all your tax information, you can export it to tax preparation software. If you use a professional tax preparer to help you with your tax return, you can quickly prepare your own taxes first with your initial figures to get an estimate of your tax liability.
- You can use Intuit products to complete your tax return, whether you're preparing an individual return or a business return. TurboTax and TurboTax Home & Business will import your tax-related data.
- You can use TurboTax to complete your personal Form 1040 quickly and easily. It walks you through every step of your return. Once you've completed your return, Final Review checks your return for errors or omissions, such as anything that is likely to trigger an IRS audit. After reviewing and making any necessary changes, print your return and mail it to the IRS or file it electronically.
- You can use TurboTax Home & Business to complete your business return as a Sole Proprietor, Corporation, S corporation, or Partnership. It walks you through every step of your return, providing comprehensive business-specific guidance and helping you to better understand how taxes affect your business.
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