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LinyX 1040 - LinyX Technology Group

LinyX 1040

$349.00

LinyX 1040

Mobile App

Linyx TaxPass App Flyer
LinyX Technology Group Web Bases Tax Softwares

LinyX 1040

Desktop

LinyX 1040 is the fastest, easiest, and most efficient professional tax software solution for high-volume tax businesses that specialize in offering quick & accurate tax refunds and bank products. Built to speed processing of your clients’ tax returns and bank product refunds, LinyX 1040 professional tax software helps you stay a step ahead of your competition.

  • Work-in-Progress Screen for instant status of tax returns, IRS acknowledgments, rejects, and bank product check prints.
  • Point-and-Shoot Error Correction™ takes you directly to errors for quick fixes
  • Multiple input modes including interview-based and forms-based
  • Multiple drains to the IRS each day
  • Real-time processing with Industry-Leading Banks

LinyX clients have their own dedicated account manager who will work with them throughout tax season to assist with tax preparation and 24/7 software support.

Additional information

Choose Licence

Single PC, Unlimited PC, Web

System Requirements

Hard Drive Space: 1 GB
Memory: 1 GB
Operating Systems: Windows 8 and Windows 10
Check Printing: HP compatible Laser Printer which supports Printer
Control Language (PCL) 6 or higher

In-Depth Calculations

Linux's in-depth tax calculations allow you to prepare the most complicated tax returns with confidence and ease. The following is a list of the various automatic tax calculations performed by LinyX professional tax software:

Business use of home for Schedules A, C, E, F, K-1, and Forms 2106/4835
Consolidated sales of assets
Child care tax credit
Earned income tax credit
Standard mileage vs. actual expenses
IRA, Keogh, SEP and SIMPLE deductions
Self-employment tax
Taxable Social Security Benefits
Estimate vouchers and worksheet
Exception for real estate professionals
Vacation home limitations and carryovers
At-risk limitations and carryovers (regular and AMT)
Related party transactions for installment sales and like-kind exchanges
Passive loss limitations and carryovers
All States
City Tax Returns

Depreciation Capabilities

LinyX tax software built-in depreciation module manages complex depreciation calculations and transfers depreciation and asset sales information to the tax forms automatically.

Ten methods for depreciating assets, including four custom methods
Manages asset calculations on dispositions and asset retirement automatically
Maintains separate Federal and State numbers
Calculates AMT depreciation automatically
Associates asset with the appropriate activity
Captures asset disposal information and automatically transfers it to appropriate lines on Form 1040, 4562, 4797, 6252, and 8824
Displays depreciation calculation