Quicken can simplify the preparation of your federal income tax return. For this you just need to do these simple tasks:
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Associate the appropriate tax category to the transactions that are important to you.
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Export the Tax Schedule report and save it on your computer.
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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.
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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. |
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Schedule A - Itemized Deductions |
Transactions with categories that apply to Schedule A - Itemized Deductions |
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Schedule B - Interest and Dividends |
Transactions with categories that apply to Schedule B - Interest and Dividends |
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Schedule C - Profit or Loss from Business |
Transactions with categories that apply to Schedule C - Profit or Loss from Business |
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Schedule D - Capital Gains and Losses |
Transactions with categories that apply to Schedule D - Capital Gains and Losses |
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Schedule E - Supplemental Income and Loss |
Transactions with categories that apply to Schedule E - Supplemental Income and Loss |