RunningBum
Give me a museum and I'll fill it. (Picasso) Give me a forum ...
- Joined
- Jun 18, 2007
- Messages
- 13,249
Some reasons I've had over the last few years.My question is, what are the reasons to use a software package?
- Foreign Tax Credit (from an Intl Stock fund)
- Figuring taxes with qualified dividends or LTCGs. The form for that is not straightforward.
- ACA Premium tax credit
- Keeping track and automatically transferring capital loss and foreign tax credit carryovers
- If I fill out my taxes and get another form such a 1099-INT I can just enter it and all numbers are updated without me having to refill out all forms.
- Same as above if I find on review that I entered a number incorrectly.
- Same as above if I have to file amended return.
- (upcoming) Figuring how much of social security is taxable.
- Ease of filling out forms. Not having to worry about my poor penmanship.
- Ability to E-file
- probably others I can't come up with right now.