Open Tax Solver
Open Tax Solver is an open source tax preparation and filing software. It allows users to enter their financial information and uses that to complete tax forms, estimate taxes owed, maximize deductions, generate completed returns to print and file.
Open Tax Solver: Open Source Tax Preparation and Filing Software
Open Tax Solver is an open source tax preparation and filing software. It allows users to enter their financial information and uses that to complete tax forms, estimate taxes owed, maximize deductions, generate completed returns to print and file.
What is Open Tax Solver?
Open Tax Solver is an open source, free tax preparation and filing software designed to help individuals complete and file their tax returns. It provides an intuitive interface for entering relevant financial information such as income, deductions, credits, etc. and uses this information to complete the necessary IRS tax forms.
Key features of Open Tax Solver include:
- Free to download, use and share
- Guided interview process to collect all relevant tax information
- Automatically selects appropriate forms and tax status
- Estimates tax liability and identifies potential deductions/credits
- Generates completed tax forms ready to print or e-file
- Securely saves tax returns for future reference and amendments
- Available for Windows, Mac and Linux operating systems
As open source software, Open Tax Solver's codebase is publicly accessible which allows for community contributions to features and functionality. It is updated annually to support latest tax codes and forms. The intuitive interface makes DIY tax preparation accessible for most personal tax situations.
Open Tax Solver Features
Features
- Free and open source tax preparation software
- Supports common IRS tax forms like 1040, 1040A, 1040EZ, etc
- Allows entering financial information to auto-complete tax forms
- Estimates taxes owed and suggests ways to maximize deductions
- Generates completed tax returns ready to print and file
Pricing
- Open Source
Pros
Free to use with no fees
Open source so can be customized as needed
Supports common tax forms for basic filing needs
Helps maximize tax deductions to save money
Easy to use and generates completed returns
Cons
Limited to basic IRS forms, less support for advanced forms
May not handle complex tax situations as well as paid software
Lacks support resources like help desk of paid services
Requires some tax knowledge for setup and configuration
As open source, security and updates depend on community
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