Quicken 2008 Premier - 2008 Estimated Taxes

Posted by kupchik on September 3, 2007, 8:59 am

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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?

Posted by John DeRosa on September 3, 2007, 11:57 am

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On Mon, 03 Sep 2007 05:59:14 -0700, kupchik@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?

You won't be able to import your TT06 data into it. Which is
incredibly bogus, since a 2007 tax planner is one of the features they
brag about.

Posted by Bartt Shelton on September 3, 2007, 4:38 pm

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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.

Posted by kupchik on September 4, 2007, 8:08 am

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> 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?