OLT OnLine Taxes

OLT OnLine Taxes is a tax preparation software that simplifies and streamlines the process of filing federal and state tax returns online. According to the vendor, this software caters to individuals and small businesses across various professions and industries, including homeowners, self-employed individuals, investors, and rental property owners. With its user-friendly interface and comprehensive features, OLT OnLine Taxes accommodates a wide range of tax situations, ensuring accurate calculations and maximizing potential tax savings.

Key Features

Support for Simple & Complex Returns: OLT OnLine Taxes accommodates both simple and complex tax returns. Users can easily navigate the software to input their tax information, regardless of the complexity of their return. The software ensures accurate calculations for both types of returns, instilling confidence in users' tax filing.

Tailored Features for Homeowners: OLT OnLine Taxes offers specific features designed for homeowners. Users can easily input information related to home ownership, such as mortgage interest, property taxes, and home improvements. The software calculates deductions and credits specific to homeownership, maximizing potential tax savings.

Comprehensive Deductions, Credits, and Adjustments: OLT OnLine Taxes provides comprehensive support for deductions, credits, and adjustments. Users can input various deductions and credits, including education expenses, medical expenses, and child tax credits. The software also allows users to make adjustments to their income, ensuring accurate calculations and potential tax savings.

Investment and Rental Property Support: OLT OnLine Taxes caters to individuals with investments and rental properties. Users can easily input information related to investment income, such as stocks, bonds, and cryptocurrency. The software also supports the reporting of rental income and expenses, ensuring accurate calculations and potential tax savings for property owners.

Features for Self-Employed/Small Business Owners: OLT OnLine Taxes offers features specifically designed for self-employed individuals and small business owners. Users can easily report their business income and expenses, including income from freelancing or gig work. The software supports the reporting of business deductions, ensuring accurate calculations and potential tax savings.

Support for Retirement Income: OLT OnLine Taxes provides support for individuals with retirement income. Users can easily report income from pensions, annuities, and retirement account distributions. The software calculates applicable deductions and credits related to retirement income, maximizing potential tax savings for retirees.

Import Prior Year Data: OLT OnLine Taxes allows users to import their previous year's tax information, facilitating year-over-year comparison. Users can easily import their prior year's data, saving time and effort in manual data entry. The software utilizes the imported data for accurate calculations and reference.

Customer Support via Email: OLT OnLine Taxes offers customer support via email. Users can reach out to the customer support team with any questions or concerns. The support team is dedicated to providing friendly and helpful assistance throughout the tax filing process.

Additional Customer Support via Phone and Live Chat (Premium Edition): The Premium Edition of OLT OnLine Taxes provides additional customer support options, including phone and live chat. Users can access immediate assistance through these channels, resolving any issues or questions in real-time. The support team is available to provide personalized support and guidance.

Audit Support (Premium Edition): The Premium Edition of OLT OnLine Taxes includes audit support. Users have access to assistance and guidance in the event of an IRS audit or related inquiries. The audit support feature ensures users are prepared and supported during the audit process.