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Mac OS X  |  Business / Productivity  |  Finance  |  Intuit Quicken 2005  |  Tax rates, brackets incorrect

Intuit Quicken 2005

Intuit Quicken 2005

Manage your finances.

Version:  R6

   [ Views: 455 ]

Tax rates, brackets incorrect

Feedback Type:  Commentary

Contributed by: dhwagner Sunday, February 08 2004 @ 03:00 PM PST

Product Platform: MacOS,MacOSX

Used Product For: Over One Year

The tax rate and bracket information in R2 are hopelessly incorrect, at least for married-joint taxpayers. The rates for 2003 have been available for months (at least). Anyone can get the correct information from the IRS web site (download instructions for 1040)--but apparently, Intuit can't do this.

Also, their figures for standard deductions and exemptions are too low.

The only solution is to get the correct rates and other numbers from the IRS and enter them into the Tax Calculator.   

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