Calculate MFS tax and create 2 new returns

  1. In the married filing joint locator, go to
    Organizer
    ,
    General Information
    ,
    Separate Returns from Joint Data
    .
  2. Select
    MFS Returns from MFJ
    .
  3. Select the second task
    to calculate MFS tax and create 2 new returns
    .
  4. Enter all applicable TSJ ownership codes for the joint return.
  5. Perform a full recompute.
  6. Select
    Calculate Tax for Separate Returns
    and then
    OK
    .
  7. When the calculation's complete, select
    OK
    .
  8. To view a detailed report of the tax calculations, select
    View Comparison Schedule
    .
  9. To create 2 new returns, select
    Create New Locators
    and make note of the locator numbers. The process is now complete. You can access the taxpayer's and spouse's returns to complete any additional entries.
Chat now

error-icon

Triva isn't available right now.

Check out the support page for our phone number and hours

error-close