State Tax Planners

[FPCwealth]

The Federal tax planner is amazing, but that is only half the equation. Why are we not able to have a state tax planner built out? I cannot be the only one with this issue??

[dkh]

You are not alone.   It is in the Proseries Tax Idea Exchange.   If you can find it - give it a vote.

[Terry53029]

Not sure if all states for ProSeries have one, but for Wisconsin you can use the state estimated work sheet. It works very well, and I use it for several of my clients

[FPCwealth]

The only issue with this is I need the planner so I can feed the info into the estimated work-sheet.

[taxes96786]

https://www.cpapracticeadvisor.com/home/article/10275449/bna-software-bna-income-tax-planner-federal...

[FPCwealth]

have you been using this solution? I still wonder why ProSeries would not make this available.

[sjrcpa]

I have been using BNA Income Tax Planner with 50 states for many years.

With Lacerte, I can export the tax return data to it. Federal works very well, state transfer usually requires some tweaking. There is a small up charge for this feature. I don't if it has the ability to do this with ProSeries.

[taxes96786]

I learned years ago that PS doesn't care about the State returns.  They include them for financial gain. They know if States were not included the product won't sell as well.

[Hub]

This really is an absolute requirement.  How can we advise clients and plan for future years without a state tax planner.  I do not understand why ProSeries does not offer a state planner.

[sjrcpa]

You would have to pay more and they don't consider it worth their while.

[IRonMaN]

As noted above, you in effect have one on the estimated tax worksheet.  It's just not as flexible as the federal worksheet but it does get the job done.

[Hub]

Thank you, I will give that a try

[Hub]

Using the estimated tax worksheet for California for instance does work, but is a very painful calculation and no way to look at future years.  

[IRonMaN]

I did mention it wasn't as flexible as the federal 😉

[Just-Lisa-Now-]

I use SAVE AS and make a copy of the current year return for a "what if" scenario then make the changes you're expecting for the next year.

[Hub]

Lisa

That's a good point, and I have done some of that, you just don't get the automatic changes and indexing for the next year.  It also makes it a little more difficult to see the comparison with the prior year if that is important to you.

Thanks