turboTax

  • Posted by a hidden member.
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    Feb 23, 2016 4:37 PM GMT
    for those aspiring same sex couples wanting to file married + joint for the 1st time be aware turboTax can only import the previous year of one of the spouses.
    also
    The TurboTax app (while filing married separate) also seems to have errors deciding if your spouse has used itemized or standard deductions. It also has a propensity to double enter your ss# for your spouse. so look over the 1040 before your send it out for low level errors.
    also
    since TurboTax con import only one spouse's 2014 return; if filling jointly you need to remember to force the other spouses state tax refund if any


    -yes there are other less romantic filing status situations so run the numbers on which one is best. Filing one tax return is 100% better than having two to do.

    -you want to import previous years tax info to catch complex bassis calculations for depreciation on your home mortgage. Previous years you may have added to your bassis if you installed a new boiler or bought a parking spot for the condo. If you dont import this you will have to re calculate. Add to that tax law likely has changed since say 1999 and even if you have the numbers and methods the re calculation will never match last what you used lasty year.

    -Yes; we have used professional accountants. Looking over their returns they have added depreciations for this and that but made no decent notes on what they did. I mean they picked random hand tools and odd things you would never guess tho its all legal. They skipped more defined bigger ticket times.

    -a highly recommended accountant forgot to file my husband's return. I was asked to fire him for this omission. I can phuck up just like the professional and still feel better about myself.


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    Feb 23, 2016 7:19 PM GMT
    Unlike last year I filed early this year and 2 days ago received my refunds. TurboTax for the win!

    I've been using it for years. In the early days by buying the cd and installing it. Now I use the web version. They have my old returns in their database which they import so that makes it even easier.
  • Posted by a hidden member.
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    Feb 23, 2016 7:34 PM GMT
    Purchasing the CD Rom from Staples was cheaper than doing it online directly with them.
  • Posted by a hidden member.
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    Feb 23, 2016 7:40 PM GMT
    Blondizgd saidPurchasing the CD Rom from Staples was cheaper than doing it online directly with them.

    Now you tell me.   icon_cry.gif

    Although I may still have gotten a good deal since it was through a link on my credit union's web page.
  • oldfart

    Posts: 328

    Feb 24, 2016 1:41 AM GMT
    I would comment here, but then I'd have to bill you. My rate is $350 an hour.
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    Feb 24, 2016 5:22 AM GMT
    oldfart saidI would comment here, but then I'd have to bill you. My rate is $350 an hour.


    Tim Geithner would have been smarter talking to you rather than using TurboTax.

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    Feb 24, 2016 5:30 AM GMT
    I had to dig up a working CD drive but CostCo had a good price. i installed the app on a portable and dont need no phucking inter web.
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    Feb 24, 2016 7:15 AM GMT
    Sold my house several years ago. Had to edit the 1090 form manually in Turbo Tax that it was my primary residence for ten years.

    Their Q&A function just couldn't be arsed to ask that question.

    With that simple change, Instead of owing $6K, I received a large(r) refund.

    About two years later, three days after I was laid off from a job, I received a letter from the IRS for about $160,000 in back taxes and penalties.

    Turns out by the eighth time I started over in Turbo Tax after the house sale, I mistyped my federal withholding amount by $53 and triggered an audit.

    Turbo Tax did not file the cost basis form for my home sale.

    I'd really like to see epic bad things happen to Intuit corporation.
    Earth opening up and swallowing them whole sort of thing...

    Never had a problem with Tax Act online.
  • Posted by a hidden member.
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    Feb 24, 2016 3:14 PM GMT
    i called Intuit tech support their 1st teer person was friendly but none elnglish accent and there was a baby screaming its lungs out in the back ground.
    professional?

    does Tax Act have a none internet version?

    not really to interested in having my taxes on a server where the majority of users passwords are 8 characters, their BF/GF 's first name
  • Posted by a hidden member.
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    Feb 26, 2016 3:30 AM GMT
    I did mine for free online. TT has a free program for simple tax returns.