Quicken can simplify the preparation of your federal income tax return. For this you just need to do these simple tasks:
- Assign tax line items to your categories.
- 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.