Preparing Your Annual Tax Return
About the only thing a personal finance program can’t do for you (financially speaking) is your taxes. However, assuming you did a good job of recording all your transactions, accounted for every penny of income and expenses, and assigned a category to each transaction, the program can package up your financial data and ship it off to a tax-preparation program, such as TurboTax.
TurboTax and similar tax-preparation programs lead you through the process of preparing your taxes by asking you a series of questions. You simply answer the questions and supply the requested data, and the program fills out the tax forms for you. The program can even submit your tax returns online so you get your refund sooner.