Usage Notes:

Most line entries consist of: 
	Line-label:	numeric-values ;    { comments }
The line-label ensures the values are read into the correct variable. The numeric-values may include commas for placeholders (example: 27,384.00). Multiple numeric-values may be entered before the semicolon (;), which can be entered on separate lines for readability. If multiple values are entered for a given entry, they will be automatically added together.

Capital Gains/Losses are Recorded as: 

	buy_cost	date
	sale_value	date
Date is xx-yy-zz, where xx is the two-digit month, yy is the day, and zz is the last two digits of the year. (Yes, this is Y2K proof.)

Example:

        -3658.22        12-15-99        { 100 Shares XOM }
         4209.95         1-25-02
The dates are required to apply the proper short-term or long-term capital gains rates on Federal taxes, but are not required for State tax forms.

The US Fed 1040, version includes the Schedule-A for itemized deductions, Schedule-B for interest, and Schedule-D for capital gains calculations, as well as the Alternative Minimum Tax (AMT) worksheet calculations. Schedule-C for business taxes, is also provided as a separate program. Versions for several State Income Taxes, including California, New York, Pennsylvania, Ohio, New Jersey, Virginia, Massachusetts, and North Carolina are included. As other forms are contributed, they will be posted.

(For information about how OTS works and how it is written, see: Program Design for Tax Rules )
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