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Sunday, March 21, 2010

US Taxation - Software

I prepare my own tax returns, and in Canada have generally used tax software on a computer to help out. I searched for appropriate software for the US, and did not find a great answer. Please let me know if you did.

I was looking for a package that would support:
a) US Partnerships (1065)
b) Rental income under a partnership (8825)
c) Non-resident Alien individual returns (1040NR)

No luck.

I did find software that supports (a) and (b), which does help. But then you're on your own to download and complete the 1040NR manually. I chose H&R Block's Business 2009 for (a) and (b), and frankly found it a little disappointing compared with using packages aimed at Canadian taxes. I found the user interface poor, and found myself struggling at times to get what I believed to be the right calculations when rolling up the 8825 information onto the 1065. It could be that I've just had much more experience with Canadian taxes, but if I were doing it again I might try a different package. Better than totally manual though.

Please let me know if you find a better answer.
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