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Deductions & credits
Thanks for the advice. All we have is annuity taxable income less some administrative expenses as per a schedule that you noted and two distributions to the beneficiaries that will require K1's. The effect of all of this would be reducing that taxable income to around 8,000 for an easy tax calculation. I do our taxes in Deluxe but didn't think that what is noted above would warrant an investment in the turbo business software? Am I missing anything else to make the investment in software worth it?
‎October 24, 2020
4:50 PM