Tax Software. I've been using Turbo Tax for 10+ years and once I fell for the old bait-and-switch when I thought the 'Deluxe' version was worth the extra bucks. Wrong. The Basic version does everything most taxpayers need, and does it quite well, even if you have a mortgage and itemize deductions. Don't think you need to upgrade if you have a few complexities to your return or you're not using 1040EZ. That's especially true if you live in a state without state income tax (thank you Texas). Can't speak for rental properties or other complicated examples, but paying extra so someone can tell me what my donated pair of shoes is worth just isn't worth it.
Showing posts with label TurboTax 2010. Show all posts
Showing posts with label TurboTax 2010. Show all posts
Friday, January 7, 2011
Tax Software. TurboTax Deluxe Federal + e-Ffile 2010
Tax Software. I love Turbo Tax. Each year they use customer feedback to improve the program. I started buying the federal only program a few years ago instead of federal and state in order to save money. The federal version does all the work for me and all I have to do for the state version is get a free 2-page state form from my local library, transfer the numbers to the state form, and mail it in. I skip the extra expense of purchasing the state program and the state e-file charge by doing everything on paper and by mailing it in early February. I got both of my returns within 10 days using e-file for the federal and regular mail for the state. I would highly recommend Turbo Tax Federal only with e-file. I haven't needed the state version so far.
Tax Software. TurboTax Business Federal+ e-File 2010
Tax Software. In the 2010 version of TurboTax for Business you cannot transfer data from the prior year and save the file. Program produces an error 900 code and the online response is that there is no known solution. Call to tech support told me this is a known problem and they do not have a fix. They said we either have to wait until they figure out how to fix the program or manually enter all of the prior years' data in the new year. They do not know when or if they can fix the problem.
Tax Software. TurboTax Premier Federal + e-File + State 2010
Tax Software. I am using Turbotax for several year now, and it makes the otherwise unpleasant task of tax preparation quite easy and accurate. The first time I used it, 4 years ago I still had a large accouning firm do my taxes - for approx. $1000 per year, - out of curiosity I tried doing same return with Turbotax which then said I owed considerably less taxes. It turned out that Turbotax was right, the accountants forgot some deductions. Eversince I use only Turbotax and do my own taxes.
Tax Software. TurboTax Home & Business Federal + e-File + State 2010
Tax Software. I have been a Turbotax user for quite a while, and have definitely seen a progression in quality and features of the Turbotax product. I remember last year, there were some installation issues for some. Turbotax 2010 downloaded and installed on my Windows 7 64-bit quickly and without issue. After executing the program, it immediately downloaded some updates and I was ready to get to work.
As usual, the State software is included free. This year, the integration with the State software seems even better. While the State download wasn't available yet, it gave me options for notification and what the status of availability was.
As usual, the State software is included free. This year, the integration with the State software seems even better. While the State download wasn't available yet, it gave me options for notification and what the status of availability was.
Tax Software. TurboTax Deluxe Federal + e-File + State 2010
Tax Software. The software is about the same as it has been in years' past. And, as in years' past, if you have not strictly set up your Quicken categories the way TurboTax expects to see them, you will experience some incorrect entries when you import from Quicken. Similarly, TurboTax does a pitiful job importing stock option trades from Quicken, primarily using the real Date Acquired info as the Date Sold and then leaving the Date Acquired field blank, so you have to manually go in and change these 2 dates for each of your transactions. Still, it eventually gets the job done and is much easier than trying to fill out paper forms. And I guess I have just become numb to the cutesy "We just saved you $7 in taxes!" gibberish and the plugs to upgrade to a more expensive version every time you have a tax circumstance that would prompt Intuit to want you to upgrade.
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