by Carolyn Rothwell on June 5, 2014

How to Update State Taxes in TOTAL Planning Suite (Desktop Edition)


If you use TOTAL Planning Suite (destkop edition), now is a great time to take a moment and ensure the state tax rates are entered for all of the states your clients reside in and the rates are up-to-date. We have a great resource to share allowing you to quickly find the state tax rates. 

Resource:  The Tax Foundation’s “State Individual Income Tax Rates, 2000-2014

This resource provides the single and joint rate information for each state, and was recently to include the 2014 tax information. 

Let's run through entering the tax information for a few states for TOTAL Planning Suite using this resource. 


Arizona:

AZTaxRates

 Entered in TOTAL Planning Suite

AZTaxRates TPS

 

Colorado:

COTaxRates

Entered in TOTAL Planning Suite:

COStateTax

 

Illinois:

ILStateTax

Entered in TOTAL Planning Suite:

ILstateTaxRates

 

Vermont:

VermontStateTax

 Entered in TOTAL Planning Suite:

VTStateTax

 

Questions on entering state tax rates?  Please let us know by calling 877-421-9815 or emailing support@moneytree.com.

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Carolyn Rothwell

Carolyn enjoys spending her time building Money Tree Software's brand and products. Her experience creating and delivering financial plans for a full-service financial planning firm and supporting advisors working to provide the best planning to their clients as a Money Tree support member has provided an excellent understanding of the importance of financial planning.