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[quote=Anonymous][quote=Anonymous][quote=Anonymous]We have an accountant but I have entered everything into turbo tax just to get a feel for what we might owe since last year we owed a few thousand. We had a few changes this year and it has us getting a $2,000 ish refund.  Turned in everything today and waiting to hear from the accountant. I don't want to get too excited about getting a refund; is Turbo Tax accurate? Anyone compared to an accountant? [/quote]

We've been using TT for about 8 years.  This is the first year I have threatened to never use them again.

Over the years our income and financial situation has gone from simple to now somewhat less so.  We now own investment real estate and DH is also now getting stock awards.

We were literally tearing our hair out and raising our voices at each the other night because TT kept telling us that we owed $31K in taxes due to stock awards that had vested, and sold. Thing is - we had already paid the taxes on these RSU's to the tune of 45% but TT kept trying to force us into a double-taxation situation.  I literally had to dig around on Google to figure out what the heck we were dong wrong.  One would think that TT would would have noticed that something was wrong also, instead I found myself on Bogleheads at 4am getting advise from others who also went through this same exact issue when using TT.  I tried using TT's Help function and while it "sort of" addressed our issue it didn't even come close to walking us through how to correct the problem.  Had it not been for that one discussion on Bogleheads we'd still be tearing our hair out.

I would say that TT is perfect for those who 1) have uncomplicated returns  2) or, have the patience to do a lot of their own research and footwork especially when it comes to entering in all of your income.   [/quote]

To be fair, that problem is caused by the IRS changing requirements for how basis for RSUs need to be reported, not by TT.  I think TT makes it fairly easy to correct the basis, but of course you do need to know that basis needs to be corrected.[/quote]

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