Did you have any problems, was it easy to understand, was you able to do both state and federal taxes, is easy to incorperate 10-99's , would you recommend it?
2007-01-07 02:42:51 · 8 answers · asked by ? 2 in Business & Finance ➔ Taxes ➔ United States
You will need to know what you are doing regardless of the tax software you attempt to us. If you have a really simple return like a couple of W-2s, Standard deductions, and a couple of dependents you may be able to get along. The fact that you are asking might make me nervous to recommend you use it. A professional tax service will only charge you a few more dollars more (if you don't buy any of their loan programs) than the Turbo Tax program will cost.
2007-01-07 03:08:27 · answer #1 · answered by ? 6 · 1⤊ 0⤋
I highly recommend Turbo Tax. It is easy to understand, never had a problem, and you can either get the Federal and/or State versions. The basic is around $20 and is deductible as an expense. You can also investigate the e-file options to save yourself time is waiting for a refund and save money over paying a tax service to use the same software and loan you your own money for a fee.
2007-01-07 03:08:14 · answer #2 · answered by Anonymous · 0⤊ 0⤋
I used it one year and found it pretty easy to understand. I went back to a tax professional the next year because I had some complicated issues (moved from another state, liquidated a Roth IRA etc..) and she looked at my previous year tax return. She was able to get more of a return for me in both State and Federal for the tax return I did. So... It is pretty easy - but I don't think it covers everything a tax professional might find / do.
2007-01-07 02:56:54 · answer #3 · answered by redbirdflying1 2 · 0⤊ 0⤋
I have been using Turbo Tax Pro Series, pay per return form many years now. I find it pretty easy to use, and with the pro series it has every form I need, including your state if you specify. 1099's are easily incorporated, whether they are business income (sched c), interest (form b) or whatever.
My only complaint is that the forms are listed by form number, so if you are searching for a form by name, it takes a little longer. the pro series also supports electronic filing.
I think turbo tax also sells a tax program for regular folks, too. that might be even more user friendly, but other folks may be able to comment on that.
the user support has gotten better, but of course near April 15th everything and everyone is busy, so try to file early, or like me file an extension, and file late!
good luck!
2007-01-07 02:58:07 · answer #4 · answered by Steve W 3 · 0⤊ 0⤋
I'll take Mathew's and some others comments one step further.
You could get Turbo tax and do your return your self. When you think you are finished and it is correct, take it and your records to a CPA. He or she can review what you did and either suggest on improving the results or confirm that you did good.
Having a CPA review your return after you have prepared should be a bit cheaper than having them start it from scratch. Plus you will get involved and learn how income taxes apply to your financial situation.
2007-01-07 05:56:09 · answer #5 · answered by zudmelrose 4 · 0⤊ 0⤋
I have used it the past 2 years and I never had problems with it. If you wait until I think it's January 18th you can use Turbo Tax free thru irs.gov free file.
2007-01-07 02:46:57 · answer #6 · answered by Anonymous · 1⤊ 0⤋
I have used it the last couple of years. It's easy to use. I won't be going back to a tax service place.
2007-01-07 02:51:47 · answer #7 · answered by Mariposa 7 · 0⤊ 0⤋
Mathew is spot on. The firm I work for has gained a lot of business in the last year from ex-Turbo Tax users. Please think about your tax situation very carefully before attempting your return yourself.
2007-01-07 03:36:57 · answer #8 · answered by skip 6 · 0⤊ 0⤋