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I'm going to give turbo tax a go this year and would like any suggestions. I live in Va and work in DC and also own property in DC that I bought before I got married. We have a tenant in there now. Hubby works in Va. I know this questions seems silly but will turbo tax work for us? Which one do I get? As you can tell, I don't normally do my own taxes but really can't afford to pay anyone $500 this year.
Thanks! |
| turbo tax breaks it down on the boxes. Just pick the one that has all the checks in the categories you require. |
| Just start with the cheapest. If you need additional forms, it will tell you and ask you to upgrade. We went with deluxe (just the standard W-4 workers, with student loan interest and mortgage interest). |
| Be careful. Turbo Tax messed with its product this year in attempt to make more money (i.e., screw its customers). It removed some fairly basic forms (Schedule A I think?) from the Deluxe version. Following an uproar, it has apologized profusedly, but after a decade of loyalty I'm switching to H&R Block this year, which was $40 cheaper for me. |
http://blogs.wsj.com/totalreturn/2015/01/22/turbotax-users-get-an-apology-and-25-each/ |
| Correct me if I'm wrong but TurboTax Deluxe used to cost $69 and TurboTax Premiere this year costs $75, so it's only a $6 difference? |
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According to the TurboTax web-site, Premier includes "Investments and Rental Property" which sounds like what you want.
Here's where you can check the boxes to make sure it includes everything you need: https://turbotax.intuit.com/personal-taxes/?view=desktop Premier is $89.99 full retail, but you can probably get it for some discount somewhere for less. This says that Deluxe is $59.99 but I got it for $49.99 at Sam's Club. |