Microsoft Money uses the information entered in your data file to estimate your tax liability. The more accurately you record information and assign correct tax categories to your transactions, the more accurately Microsoft Money can project your tax liability.
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If the Tax Estimator shows missing or incorrect amounts for some lines, check for the following problems:
- Your Microsoft Money data file may be incomplete because you've overlooked entering some transactions. Be certain you've entered all transactions, remembering transactions you made from different accounts, including cash.
- Some categories may be linked to the wrong tax lines. Review your category list carefully to ensure categories are assigned to the correct tax lines. Use the Tax Line Manager to make changes or to add categories to tax lines.
- Some categories may not be linked to tax lines. Be sure all your tax-related categories are linked to a tax line. Use the Tax Line Manager to do so.
