2001 Deluxe: Advanced Import, Help & Tools

TaxACT 2001 Deluxe Overview:

TaxACT Deluxe is packed with features that make completing your federal taxes easier than ever. TaxACT sorts through the new tax law changes. Never again worry about doing your taxes, let TaxACT do it for you!

It's up to you—save time, save money! File your federal taxes with your computer—print your return on plain paper for FREE! Seamlessly add any TaxACT State Edition for only $12.95, and your federal information will be automatically transferred and calculated by the state software—no need to re-enter your data!

Deluxe is packed with features to make your data entry a breeze!

• Import data from TaxACT 2000 Standard and Deluxe—No need to re-key important information from last year!
• Unlimited number of returns—there's no limit to the number of returns you can complete. Use it to do your neighbor's, friend's, in-law's, and uncle's return.
• View your tax refund or amount you owe—it's always displayed, so you'll know where you stand at all times.
• Two easy ways to enter data—you choose how you enter data. TaxACT gives you the option of entering data using the Interview or you can enter data directly onto the appropriate forms and schedules.
• It's in there! TaxACT includes the most commonly used forms, schedules and worksheets including: Form 1040; Schedules A, B, C, D, E, F, H, J, R, EIC, SE, K-1 Input; and Forms 1116, 2106, 2119, 2210, 2441, 3903, 4136, 4562, 4684, 4797, 4835, 4868, 4869, 6251, 6252, 8283, 8453, 8582, 8606, 8615, 8812, 8814, 8829, 8863 and more. For a complete listing, see the Form, Schedule and Worksheet charts.
• Multiple occurrences of supporting forms—No problem. TaxACT allows you to enter as many copies of a supporting form as necessary. If you changed jobs in the middle of the year and have two W-2 forms, it's no problem for TaxACT!
• Depreciation Calculator—just enter your depreciable assets and prior year's depreciation, and TaxACT Depreciation Calculator will automatically calculate your current year's depreciation.
• Password Protection—Keep your data safe from others who may have access to your computer.
• Online Help is only a click away! TaxACT includes in-product online help to guide you through using the program.
• Accuracy Guarantee—If you should be assessed an IRS penalty due to a calculation error in TaxACT, 2nd Story Software pays your penalty!

Tax advice when you need it. Just a click away!

• Life Events—assist you in determining how to handle major life events that have an impact on your taxes—getting married, having children, selling your home and many more! Let the easy-to-use Life Events feature help you determine the impact of your life events!
• Tax Advisors—Expert advice from "Your Federal Income Tax - For Individuals". Full of step-by-step questions and examples to help you accurately complete IRS tax forms.
• Tax Watch—TaxACT Deluxe reviews your current year's tax return and identifies areas that may be affected by next year's tax law changes. Plus, it gives you tips on ways to minimize the impact of those changes.
• Tax Calculator—Perform what-if scenarios with your tax return without adjusting your actual numbers! This feature summarizes your tax return, and gives you the ability to enter adjustments, positive or negative, to see the impact on your taxes.
• National Averages Comparison—Identify potential "hotspots" that may catch the IRS's eye and know where you stand with the rest of the taxpaying public.

Analyze your tax situation with in-depth reports.

• Custom Print Options—Pick specific forms and schedules to print.
• Depreciation Reports—Two detailed depreciation reports available. Print a list of your depreciable assets including this year's depreciation and accumulated depreciation. Or, print a report detailing next year's depreciation! Sort either report online by asset name or date acquired.
• Joint vs. Separate—With the click of a button, determine the difference in your tax obligation if you filed Married Filing Joint or Married Filing Separate.
• Loan Calculator—Calculate payments based on loan amount, interest rate and loan period. Plus, view and print your payment schedule!
• Savings Calculator—Calculate future value based on deposit amount, interest rate and savings period. Plus, view and print your savings schedule!
• ClergyTax Worksheet—Specially designed for Clergy, now you get an integrated system for completing your taxes! Just complete the 12 steps in J. David Epstein's ClergyTax Book. Then enter the results into the ClergyTax Worksheet incorporated into TaxACT Deluxe. Your information will automatically be entered on the correct forms and schedules.

Preparing your state return is a snap!

• Seamless transfer of your federal data to your state return. TaxACT automatically interfaces with your State Edition once it is installed. If you don't have a State Edition installed, TaxACT will launch your web browser so you can download it from the TaxACT.com web site immediately!
• State Packages Available—All 43 resident state packages and 10 non-resident/part-year resident packages available. Electronic filing available for 23 states. Check here to view a list of states.