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Author: TMFTaxes Big gold star, 5000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 122917  
Subject: Re: TurboTax or other Date: 12/4/1997 7:38 PM
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<<This year I noticed that Intuit is not putting out their early edition. Guess it costs to much to mail all
the final editions so I must wait until Jan 15. That is too late to do the tax planning and estimate of
Jan 15 quarterly payment.>>

I'm not sure if it is the expense, or the delay in the passage of the new tax law that is slowing Intuit down for the early release. But you might call Intuit and see what they have for an estimate. You may find that you'll not see a final verson until the end of January...perhaps even February. It'll certainly be interesting.

As far as doing some year end tax planning on your 1996 version of TT, you could have some problems if you have any 1997 capital gains transactions. As you know, the 1996 verson will not handle the 12 month/18 month holding period issues, nor will it know to recapture depreciation at 25%, etc. etc. etc. So you would have to prepare the Schedule D by hand, and "force" the correct balance into the computer to crunch the other numbers.

If you are comfortable with that, it might be worth a shot.

TMF Taxes
Roy
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