ex7


Online Issues ·


Exhibit 7

Exhibit 7:
Forms Supported in Tax Software Products
Program   AM-Tax Pro AlPluslTax for Windows GoSystem for Windows Lacerte Tax Software Professional Tax System  ProSystem fx  Tax/Pack Professional  Tax Relief-Windows  Tax$imple  TaxWorks  TurboTax ProSeries  Ultra Tax
Vendor AM Software Arthur Andersen LLP CLR Lacerte Software TaascFORCE CCH Alpine Data Micro Vision Tax$imple, Inc. Laser Systems Intuit Creative Solutions
MAXIMUM NUMBER OF FORMS SUPPORTED
K-1s 20 Unlimited Unlimited 300 99 with 1040; unlimited with Unlimited 36 90 64 99 Unlimited 500
          business-entity package              
W-2s 25 Unlimited Unlimited Unlimited 24 Unlimited 40 Unlimited 50 40 Unlimited 1,000
W-2Gs 10 Unlimited Unlimited Unlimited Any of the 24 W-2 items can be W-2Gs Unlimited 40 Unlimited 5 45 Unlimited 1,000
1099Rs 15 Unlimited Unlimited Unlimited 12 Unlimited 40 Unlimited 15 30 Unlimited 1,000
Interest/dividends 100+ Unlimited Unlimited Unlimited Unlimited Unlimited 200/200 Unlimited 100/100 40/60 Unlimited Unlimited
SUPPORTED?
2106 Automobile Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes
Automobile Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes
Schedule E Automobile Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes
Schedule F Automobile Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes
Pro forma Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes
Organizer Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes Yes
Back

SPONSORED REPORT

The technology assessment engagement

Are you working with the best technology? Do you know how to help your clients determine if their technology stack measures up? In this free report, J. Carlton Collins, CPA, explains how to answer those questions via a technology assessment engagement.

FEATURE

Maximizing the higher education tax credits

A counterintuitive strategy can save taxes by including otherwise excludable scholarships in gross income.