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Posted by kupchik on September 4, 2007, 8:08 am
Please log in for more thread options > On Sep 3, 7:59 am, kupc...@hotmail.com wrote:
>
> > I have always upgraded Quicken on an annual basis, but now am
> > questioning if this is a waste of $. One of the main features I use
> > is the Tax Planner. How will I be effected once January 2008
> > arrives? Will I still be able to estimate my taxes? Is there a work
> > around to update the rates to 2008 manually?
>
> Unfortunately, there is no way to manually update the tax tables.
>
> If Tax Planner is the only reason you're upgrading, it's probably not
> worth it, unless you've got some true tax planning issues (vs. just
> morbid curiosity for where you'll be at year end).
>
> I'm still on Q '05 & only plan to upgrade when they tell me they're
> pulling the plug on my ability to download x'actions.
>
> The '05 tax planner windows still show me my projected '07 amounts,
> based on YTD x'actions & scheduled x'actions. It's just the estimated
> tax that is wrong. However, I can plug those figures into any of
> several online tax estimators & get a feel for where I'm going to be
> at the end of the year.
To insure that I understand - the tax planner will work in 2008 using
2008 data & scheduled transactions. The only negative is that it will
use 2007 tax rates. Is this correct?
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