FastTax 2018

“Things should be as simple as possible, but no simpler.” —Albert Einstein FastTax puts intelligence into familiar, paper-based tax forms, so you can file IRS and CA returns quickly and accurately. The intelligent forms do all the calculations. It’s simple—as opposed to the "wizard interview" style, which adds a layer of complexity requiring you to deal with not just IRS ambiguity but also interview question ambiguity. The main tax forms—IRS 1040, FTB 540, and 540-2EZ—automatically calculate your tax using tax rates or tax tables, depending on your tax bracket. They also have built-in logic to calculate your deduction and the amount of your exemption. Built-in imports and exports—invisible to the user—share basic information between forms so you only have to enter it once. The FastTax package takes many of the worksheets embedded in the instructions for the main forms and adds intelligence to them, too, to ease you over difficult spots in those forms. FastTax also contains extension forms for you to use in case you need to “punt.” FastTax supports printing, but not e-Filing; you’ll need to print and mail your returns. FastTax provides real data security and privacy. You control your forms; they’re on your computer, not kept online somewhere, and you can access them any time you need to. You don’t have to worry about your return being “lost in the cloud.” No software vendor can access your return or, possibly, sell it to a third party claiming it's been “anonymized.” And you never have to worry about data breaches. If you live in California, we've got your state return covered! Most of the other tax packages try to upsell you on this. Technical and contact information can be found on the FastTax.app website. The supported 2018 forms are listed below. IRS MAIN FORMS 1040 Individual Income Tax Return 1040 (Schedule 1) Additional Income and Adjustments to Income 1040 (Schedule 2) Tax 1040 (Schedule 3) Non-refundable Credits 1040 (Schedule 4) Other Taxes 1040 (Schedule 5) Other Payments and Refundable Credits 1040 (Schedule 6) Foreign Address and Third Party Designee 1040-X Amended U.S. Individual Income Tax Return (2019) IRS SCHEDULES 1040 (Schedule A) Itemized Deductions 1040 (Schedule B) Interest & Ordinary Dividends 1040 (Schedule C) Profit or Loss From Business (Sole Proprietorship) 1040 (Schedule C-EZ) Net Profit from Business (Sole Proprietorship) 1040 (Schedule D) Capital Gains & Losses 1040 (Schedule EIC) Earned Income Credit 1040-ES Estimated Tax for Individuals (2019) 1040 (Schedule SE) Self-Employment Tax (Short form only) 1040-V Payment Voucher 4562 Depreciation and Amortization 4868 Automatic Extension of Time to File Individual Return 8829 Expenses for Business Use of Your Home 8962 Premium Tax Credit w4 Employee's Withholding Allowance Certificate (2019) IRS WORKSHEETS 1040 Alternate Minimum Tax Worksheet 1040 Social Security Benefits Worksheet 1040 State and Local Income Tax Refund Worksheet 1040 Student Loan Interest Deduction Worksheet 1040a Sales Tax Deduction Worksheet CALIFORNIA MAIN FORMS 540 California Resident Income Tax Return 540-2EZ California Resident Income Tax Return CALIFORNIA SCHEDULES 540 Schedule CA California Adjustments - Residents 540 Schedule D Capital Gain or Loss Adjustment 540-ES Estimated Tax for Individuals (2019) 3519 Payment for Automatic Extension for Individuals 3525 Substitute for Form W-2 3532 Head of Household Filing Status 3805p Additional Taxes on Qualified Plans