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Business Tax Prep on a Mac

December 21st, 2013 at 03:27 am

It's about that time again... before I can do our personal taxes, I need to do my business taxes. (My business is an S-corp - any profit or loss is reported on our personal taxes).

We need to do this sooner rather than later in order to apply for tuition assistance from F's school.

This year, like last year and the year before, I have to do my business taxes on a PC (I use Parallels on my Mac) because none of the business tax programs are native to Macs. (Someone is going to say that Turbo Tax makes Home and Business - this is not for S-corps, but rather for people who report their income on schedule C, so it won't work for my corporate tax return).

Anyway, I'm even more frustrated this year, because my old version of Parallels doesn't work with my upgraded operating system. And I can't upgrade Parallels because it's too old - I have to buy a new version! Grrrr!

I wish there was an alternative program. I've been googling business taxes on the Mac for an hour, and all that comes up is Turbo Tax Home and Business.

OK - next thought was to do the taxes myself by hand. I think this is probably the way I am going to go. Corporation taxes aren't that complicated, I do them myself anyway, Turbo Tax always had this bug which meant every year I had to do a lot of it by hand, and I'm too cheap to spend $80 to get the new Parallels which I don't use for anything else.

3 Responses to “Business Tax Prep on a Mac”

  1. creditcardfree Says:

    Tax software can be so frustrating for some of us who know how to do these things manually. I'd do that, too, in the situation...fill out the manual forms.

  2. Buendia Says:

    Exactly! I just did a trial today (still a few days left in 2013, and I'm expecting a check) and it wasn't a problem. So, I'll do it by hand!

  3. SicilyYoder Says:

    I did the little calculator and saw I will owe over 5K in self-employment tax. After expenses, I made over 40K. I spent a ton on free book giveaways.

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