Announcement

Collapse
No announcement yet.

OLT Pro

Collapse
X
Collapse
 
  • Page of 1
  • Filter
  • Time
  • Show
Clear All
new posts
Previous template Next
    #1

    OLT Pro

    In an earlier thread someone suggested that I try OLT Pro and I dismissed the idea because I thought they were web based only. I found out today that's not right. Their Business Returns are ONLY on Desktop and for $499 they will give you their whole software on Desktop with as near as I can tell no additional fees ever. So, I'm demo-ing them and I'd like to hear from satisfied and unsatisfied users.
    Tags: None
    #2
    I never got past the demo

    It was so buggy on 1041's that I didn't have much inclination to proceed further.
    Evan Appelman, EA

    Comment

      #3
      What is a 1041?

      I looked in my software's forms list and I came up with an Arkansas K-1 and I looked on www.irs.gov and came up with worksheet for tracking basis in something. Maybe after some sleep I will remember but right now I have no idea what a 1041 is and doubt I have ever prepared or even seen one.

      Wait it's beginning to come to me - is 1041 for Estates and Trusts? I'm not presently qualified to write one of those and I don't plan to change that until after next tax season but I wouldn't like to adopt for next season software that does not handle them well because then I'd want to change again after 2012.
      Last edited by erchess; 05-28-2011, 04:37 AM.

      Comment

        #4
        It's been a couple of years.

        OLT may have improved. I find that even Drake isn't that all wonderful on 1041's. I have to enter so many overrides that I feel I'm doing the return by hand. I think a lot of the programmers must not really understand the 1041. It is significantly different from what one ordinarily thinks of as a tax return. Maybe that's why TaxAct hasn't gotten into it!
        Evan Appelman, EA

        Comment

          #5
          Card says: $399 for unlimited returns-individual, s&c-corps, p'ship, non profit, etc

          I went from tax wise to ProSeries about 5 yrs ago and just the thought of changing is making me cring but $1500 vs. $400 puts a smile on my face.

          Comment

            #6
            At that price

            $399 your 1040s are done with web based software. If you want everything on your desktop it's $499. Since I do returns in the homes and offices of clients and normally don't have the internet unless I want to disconnect a phone, I have to have the all desktop package.

            Comment

            Previous template Next

            Disclaimer

            Collapse

            This message board allows participants to freely exchange ideas and opinions on areas concerning taxes. The comments posted are the opinions of participants and not that of Tax Materials, Inc. We make no claim as to the accuracy of the information and will not be held liable for any damages caused by using such information. Tax Materials, Inc. reserves the right to delete or modify inappropriate postings.

            Working...
            X