The Motley Fool Discussion Boards

Previous Page

Financial Planning / Tax Strategies

URL:  http://boards.fool.com/gtgtdoes-anyone-know-ifhow-turbotax-accounts-13970079.aspx

Subject:  Re: Turbo Tax Date:  12/25/2000  8:57 PM
Author:  irasmilo Number:  43369 of 120806

>>Does anyone know if/how TurboTax accounts for both spinoffs and mergers?<<

Neither TurboTax nor any other tax preparation software accounts for spinoffs and mergers. It is up to you to figure out what the numbers should be, TurboTax only figures out what the tax is once you input the numbers.

Ira
Copyright 1996-2014 trademark and the "Fool" logo is a trademark of The Motley Fool, Inc. Contact Us