Taxes Page
We've added a new Taxes page that will make it easier to view reports and download data to present to your accountant at tax time. If you have ideas for more features you would like to see on the tax page, please let us know.
Comments
Paul wrote:
Let me preface this by saying that I know nothing about how taxes outside the US are handled so this applies only to US based tax situations. It would be nice to have the option to indicate what line and/or schedule of the tax form a particular category is tied to. For instance one may have a general category of "Health" with sub categories of OTC - meds (no tax relation), Prescriptions (tax related), Medical bills (tax related). It would be great if BT would show the line/schedule number(s) and then show a total as well as the associated transactions (maybe an option if this detail is wanted?) that make up the total. To keep it simple for you there at BT I would suspect that this may be a series of fields that we fill in with the necessary form, line, schedule information that is then utilized by the taxes page for filtering and "grouping" transactions. Hope this helps.
2009-12-24 09:15:52
support wrote:
Thank you for the feedback. When you say "tied to a tax schedule", can you elaborate more on how this would work? Currently we show you your existing categories for a specific year by clicking on reports. You can then customize the dates. Are you referring to being able to specify if the category should appear in your tax report or not?
2009-12-23 08:51:14
Paul wrote:
It would be nice if categories could be "tied" to a tax schedule or line entry. This would allow users to have categories that make sense to them but still have the information at tax time. Being able to have multiple categories combine into a single tax line entry at tax time would be great also.
Don't know exactly how this might be done to deal with international differences.
