calculating spreadsheets available?

I was wondering if there are spreadsheets to calculate the monstrous:

Form 6521 (AMT) Itemized Deductions Worksheet Qualified Dividends and Capital Gain Tax Worksheet

Reply to
Pico Rico
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It would make a good title of a movie. ;-)

Reply to
Mark Bole

===============================I didn't examine [them] in detail but a google for "tax spreadsheet" produced a number of hits. Examples (seemed like there were others as well):

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Reply to
GSalisbury

Thanks. I cannot say enough good things about the taxvisor Income Tax Planning Spreadsheets. I use them to get the state estimated taxes as close to the full tax amount as possible, so taxpayer don't end up paying estimated and a large "tax due" in one year, which could lead to the AMT. But this spreadsheet does not fill out or show calculations for specific forms, and lumps several items together at times. That is fine for planning.

The other spreadsheets I have seen, including the first one you listed, do not allow you to enter numbers into specific forms if those numbers are to be pulled from other sheets. I was hoping just for a spreadsheet for form

6521, for example.

After my post, I downloaded TaxACT and used it to verify taxpayer's calculations. I find tax preparation software more trouble than it is worth, as I can enter taxpayer's raw numbers more easily and visibly on the IRS PDF forms. I was looking for verification of taxpayer's calculations on the few monstrous forms and worksheets, which verification I got from TaxACT. I did, however, just enter the bottom line numbers into some forms and schedules, rather than all the data, so the correct number flowed to the

1040 without all the pain.
Reply to
Pico Rico

Well, to each his own, but I would not hire a tax professional who used spreadsheets to prepare my return.

Not to mention that you can't e-file PDF forms, and with on-going congressional budget cuts to the IRS, the thought of paper filing always makes me shudder.

Reply to
Mark Bole

I am not talking about using spreadsheets to prepare the return, just to verify some calculations. That is no different than using tax software in that regard.

Some returns are ineligible for e-file.

The main problem I have with tax software is that it dumbs down the taxpayer, so they don't know how best to arrange their affairs. Of course, using a tax preparer generally has the same issue.

Actually, the main problem with tax software is that is allows "them" to make our tax laws ever so complex. That would never happen if everyone was still preparing their own tax returns by hand.

Reply to
Pico Rico

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