OpenTaxSolver is a software that helps in calculating tax form entries, tax-owed or refund-due for federal or state personal income taxes.
The TaxSolver software has been updated for the most recent 2006 tax year, which includes US 1040 and Schedules A, B, C, & D, as well as State-Taxes for California, Virginia, New Jersey, North Carolina, Massachusetts, Pennsylvania, Ohio, and New York. Similar coverage has been achieved for previous years, except for the Canadian and Ontario forms, which are yet to be updated.
The primary motivations behind the development of OTS include making tax preparation software available for all platforms and providing transparency into how taxes are calculated via unambiguous equations or code, which can be easily compared from year-to-year to understand any changes. Additionally, the software aims to avoid invasive and bloated commercial software packages and minimize the need for individuals to rewrite their own programs or spreadsheets each year by combining efforts. The software aims to provide a simple, reliable tax-package that only requires basic knowledge to maintain, making it an optimal choice for individuals looking for user-friendly software for tax preparation.
Version 2006_4.07: N/A