What tax prep software are you using and what did you think?
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Anonymous
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We are going to do our own taxes this year - sold and bought home, a few investments, nothing complicated.
Raed some reviews but looking for first hand experience on any retail versions of software that are easy, complete and accurate. |
Anonymous
| I used H&R Block Online and it was fine. But I did have to sort of know what I was doing in a few places and recognize one key area where I made a big mistake. |
Anonymous
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I like turbo tax best, but I've only used something else once, so I am not sure how helpful that is.
I will say that if you buy the desktop/download version of turbotax then you don't need to buy the super fancy version-- the "deluxe" is fine, and basic is probably fine too, although they will probably suggest you pay more (always easier to buy the cheaper version and upgrade if you need to). |
Anonymous
+1. I've only used Turbo Tax. I think you need the Deluxe version to itemize, but could be wrong. |
Anonymous
| We use TurboTax Home and Business just because I have my own business and, as my wife and I work jointly on our taxes at different times, it clearly tabs business items separately making it convenient for her. But, not necessary. |
Anonymous
Definitely, Turbo Tax. We have a rental and a number of investments, so I use the Premier version. I love just logging in to my investment accounts and it automatically downloads it into the forms. NO input necessary on my part. 
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Anonymous
| Turbotax is pretty good. There are a few things it can't do, like gift tax. |
Anonymous
| Used to use TurboTax, switched to H&R Block (back when it was TaxCut). |
Anonymous
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Turbotax is OK. We've used it for years -- the downloadable version that runs on your computer. But if you run into a weird situation, that's when it seems to just start asking questions straight off the forms without any explanation or help, when you would need it most. That includes for AMT (alternative minimum tax). If you don't run into anything unusual, it works fine.
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Anonymous
| Turbotax. 400k income. It's fine |
Anonymous
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Tax Act. Not software, but a website. Used if this year for the 3rd year. Find it works just fine, and price is right.
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Anonymous
+1 |
Anonymous
| New poster. We have had somebody else prepare out taxes for the past several years because our situation was a bit complicated and we have somebody who does our taxes pretty cheap, but this past year our lives got much simpler and I am thinking that maybe we should use Turbotax (or some other software). Do the software programs determine what filing status (married filing jointly, married filing separately, etc.) will lead to the biggest return? We have a rental property, so it looks to me as though we would need to go with the Premier Turbotax if we were going to purchase something. |
Anonymous
| I use Taxslayer. We have rental property and it appears to handle that well. |
Anonymous
yes they do figure out, for example, if you are better off with a standard deduction or itemized (or sales tax vs income tax). I think they probably would do MFJ vs MFS but a) 99% of the time MFJ will be better and b) if for some reason it doesn't do it automatically, I think you could probably just save one version and go back and change that one option it will rerun the numbers |