D FORMS -Changes in this years forms
Schedule D Form is where all taxpayers with capital
gains distributions must show their gains detailed
rather than just entering those amounts directly
on Form 1040.
the new law, long-term capital gains are taxed at
rates ranging from 10 percent to 28 percent, depending
on how long the assets were held, when they were
sold, and what tax bracket you're in.
form has been expanded from 19 lines to 54
lines of potential calculations (higher income filers
have 13 more).
sure you have all your correct information from
your mutual fund companies and brokerage firms.
Software tip of the month- Excel 97 Bug
software bug has been found in Excel 97. The
updated Excel 97 Auto-Recalculation Patch resolves
a recalculation issue discovered in Microsoft Excel
97 for Windows, which prevents certain cells within
a worksheet from automatically recalculating. This
updated version also fixes a more recently discovered
problem involving shared formulas in Excel 97. If
you downloaded the original Excel Patch before March
20, 1998, you should also download this patch.
There is also a patch for Office 97 at Microsoft's
site. Visit Microsoft at http://www.microsoft.com/officefreestuff
Words of Wisdom:
all want to be organized. Make sure to start
now for next year. A great idea is a PIM -
Personal Information Manager. Microsoft has
Outlook 98 but there are many shareware/freeware
versions on the Internet. Go to your favorite
search engine and put in "Personal Information
Manager" or stop by a local software store
for a low cost one.
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