Proseries Power Tax Library

[Jtax LLC]

Forgive me if this is a dumb question...what exactly is the "Proseries Power Tax Library"?  

[IRonMaN · Accepted solution]

It is the package that includes all of the forms and states offered by ProSeries and you can file as many returns as you like without getting nicked for any additional fees.

[taxiowa]

You sold me IRMN.  Thats what I am switching to.  I had to pay extra an extra $440 for my Quick Path.  Does the Library include that? 😋

[IRonMaN]

Sorry, but even if you just bought a box of Intuit chocolate chip cookies, you would be charged the fast path fee.  Remember, the users asked for that fee, so that is why they charge it.  To date, I have yet to track down a single user that asked for it, but I am still on the trail doing my tracking so I haven't given up on finding someone quite yet.

[msmith7305]

Do you know what the Tax Library costs for a current Pro Series user?

[dascpa]

My bill was $7,417.00 for everything including Fast Path, FAM, and organizers.  It does not include hosting, e-sig, import, or any of the other non-tax add-ons Intuit offers.  Be aware, my state charges sales taxes on the product so it may be higher than yours.  In case you're curious it went down from $7,476.18 in 2021 but up from $6,706.00 in 2020.

[IRonMaN]

But how did it go down?  Back in May you said you had a 5.16 percent increase.

[Just-Lisa-Now-]

and that probably included the early renewal discount...I dunno what they'll get ya for now, they dont know either, thats why its not posted anywhere.

[dd4vols]

does that include all states returns at no add'l fees?

[dascpa]

Yes

[dd4vols]

well, heck... i do the power tax lite...and its almost the same price.  then i pay out the *&% for each state, that is not one of my chosen 4

[dascpa]

ProSeries Pay Per Return fees have gotten exorbitant.  I do the math every year and find the full library is best for me.

[gary1861]

I switched to the full library a year or two ago, as I saw that I had exceeds that cost due to all of the out of state returns, etc.  Funny how no one at Intuit mentioned that until I called to switch.

[ajp]

You get a better deal than I do.  Just to get power tax light, the network version, and the required fast path, I am at $7,758.37 after sales tax.  I just called to see how much more for the power tax library.  It was quite a jump!  I couldn't quite get a good list of what it included, but I think I got the gist of it. 

Amy

[glw1861]

I don't have a network (it is just me), so that probably makes a huge difference on the cost.  When I had the light version, I had to pay for state returns not in the state I chose, as well as for Corporate returns (since I had fewer of them than I did the other types of returns).  It was those costs that made the full version less expensive for me.  I also don't recall if I also had to pay for 706, 709 and 5500 forms as well under the light version.