(AKA Pension Exclusion Calculator)
Given the taxpayer's retirement date (first retirement paycheck) and taxpayer and spouse birthdates, calculates an exclusion table by year and a sample form for Tax Slayer input. Also handles the Public Safety Officer insurance exclusion.

Rather than search through the entire list of business codes, click on headers to expand that portion of the list until a suitable code is found.

A Colorado-specific table that lists the city and county local sales tax rates for use in Schedule A for those counties you select.

Up to $100,000 can be taken in 2020 from retirement savings accounts. This worksheet compares the results of paying all the tax in 2020 versus the option of spreading the tax over the three years 2020 - 2022 given expected increase in income in the later 2 years. Also includes the effect of paying it back during the later 2 years.

Is a dependent a child or relative? What benefits might the taxpayer claim as a result? This tool is a combination of all the Pub 4012 charts - without the charts. Choose the various taxpayer and dependent options and see a list of benefits. If they don't qualify for a benefit, click on it to see why not.

There are five different ways to claim education credits, each with their own limits and types of expenses allowed. There are also different funding sources that can be used tax-free for different types of expenses. This calculator provides a way to determine which is best among the most common three (American Opportunity Credit, Lifetime Learning Credit, and Tuition and Fees Adjustment) and can determine the amount of a scholarship that can be made taxable to maximize the taxpayer's credit.

This tool is for the ERO who has experienced an IRS tax return submission reject due to a mismatched EIN and payer name. The entries in this list has been accumulated from several unverified lists and is by no means complete but may help you find the right EIN if digits are reversed or entered incorrectly. You can enter either the name or EIN from the incorrect tax return and indicate the number of mismatched digits for which you wish to search. DO NOT USE THIS LIST AS A PRIMARY SOURCE FOR EINS; due to mergers, many companies retain multiple EINs. Links to other sources are also provided.

This is the Form 1040-ES form with considerable expansion, used to estimate taxes for the next year.
This can also be used to do an MFJ/MFS comparison if there are no complications in the taxpayers' situation (such as living apart, etc)

This is a combination of the Head of Household Worksheet 2-1 (Cost of Keeping Up a Home) and the Pub 17 Worsheet 3-1 (Worksheet for Determining Support) — due to the similarity with household expenses used in both worksheets. Once in the tool, select which you want to use.

An implementation of a home sale worksheet that asks the questions needed to determine if the taxpayer qualifies for an exclusion and assists in calculating the basis of the home being sold. Provides input information for the TaxSlayer^® home sale worksheet and/or direct entry as a capital gain or loss on Form 8949. Does not support partial exclusions (although indicates if the taxpayer may qualify) and does not support homes that have been used for business or have sustained casualty losses.

A worksheet for Form 8606 Parts I and II for Nondeductible IRA contributions. It can handle up to 5 IRAs for each taxpayer and indicates the amount taxable for each IRA if deductions or conversions are taken from more than one IRA. (Form 8606 computes the total for all transactions.) Also provides the totals for input to create the TaxSlayer^® Form 8606.

See the Estimated Tax Worksheet with MFJ/MFS Comparison

If a home mortgage includes a portion of the funds that were used to pay expenses for other than for the home or improvements to that home, or if the average monthly sum of all mortgages exceeds a limit, not all the interest is deductible. This may occur for a second or a refinanced mortgage, especially during first few years of the mortgage. Such other expenses might be to pay credit card debt, medical expenses, vacation trips or a new car, as examples. This worksheet helps determine how much of the interest paid on the mortgage is deductible.

TaxSlayer^® provides no assistance in determining the portion of income (other than W-2s), adjustments and deductions available for a part-year resident. This worksheet is tailored to Colorado state tax returns and provides TaxSlayer totals for input to the "Income Subject to Tax" section.

Railroad retirement Tier 1 and/or Tier 2 amounts are not handled correctly by TaxSlayer^® on Colorado state tax returns. One or both are included in the retirement exclusion which is limited to 20K/24K and should not be because RRB benefits are not taxable and have their own exclusion line. This worksheet determines the amounts that should be removed from the pension exclusion and calculates the amount that should be added as the RRB benefits line on the State Return section of TaxSlayer. Although designed specifically for Colorado it may work for other states if the problem is the same.

A worksheet for totalling income items, sales tax on large item purchases, and other information to be used with the IRS Sales Tax Calculator. See Pub 4012 (NTTC version), section F. Includes many items we often don't remember to ask about.

Can't find the latest version of the Earned Income Tax Credit plots? This tool presents a graphical presentation of the amount of credit available for various tax credits vs AGI. For simplicity, it assumes all income is earned income and provides options for comparing tax years, filing status and number of children (or students for education credits) or seeing how various credits kick in for a particular year and filing status. The effect of combinations of credits is not considered but will, of course, change the results in a real tax return so you can't just add them together.

TaxSlayer^® determines the taxable amount of the state tax refund based on sales tax and comparison with the standard deduction. If the taxpayer made estimated payments to the state or had negative taxable income (may show as 0), there may be a better solution. This calculator includes those other comparisons so you don't have to do the math. Taxability of other refunds, such as medical repayments, are also included and can be quite complex when considered when state tax refund is also present.

This great tool, contributed by [a tax volunteer in Washington state], creates custom forms for training. Create them and then save them on your PC for later use and modification. Updated for tax year 2021, the zip file contains two installation files - one for Tax-Aide and one for VITA/TCE.
Installation: Copy the executable in the zip file to your desktop. When you run the executable, a new directory is created with the support files and a desktop icon is (optionally) added.