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Posted By: Birdwatcher Turbo Tax? Anyone use it? - 03/05/21
Just would just need it for Federal. No State income tax in Texas.

I’m just a salaried employee plus a couple of minor self-employed gigs where I was paid one flat fee per job. I pay the county property tax too but I forget if that figures on a Federal tax return.

No exemptions exceeding the standard deduction.

Would TurboTax work for me?
Posted By: rem141r Re: Turbo Tax? Anyone use it? - 03/05/21
yeth
Posted By: Willto Re: Turbo Tax? Anyone use it? - 03/05/21
I have been using it for about 7 years now and it's pretty simple and easy. But then my wife and I are just RN's that work at a hospital for an hourly wage so our taxes are pretty straight forward. It walks you through every step very thoroughly and at any point you can click on a tab for more information about the current step you are on. It also has the option of allowing you to speak with tax experts at any point as well but I have never needed to while doing our taxes. It will ask you every possible pertinate question concerning income and possible deductions. It keeps a running tab and then tells you whether you are better off itemizing or using the standard deduction.

I have never found it to be hard to use. The other good thing is that there is no charge until you reach the point where you actually file your return so if you get half way into it and decide you don't like it then you can just stop and not be out a penny.
I use it.

Its been a little fugged up this year with all the virus BS.
Posted By: Blu_Cs Re: Turbo Tax? Anyone use it? - 03/05/21
We use it and our returns are quite complicated, also help our kids with their returns which are super basic. They serve up questions to help steer you through the morass. We like it.
Posted By: BluMtn Re: Turbo Tax? Anyone use it? - 03/05/21
Takes about 30 min and your are done.
No, too damn ignorant and dont want to go to jail, that's why accounting firms went into business, box my crap up, drop it off with a check.
Posted By: WVGuy Re: Turbo Tax? Anyone use it? - 03/05/21
I switched to Tax Act a number of years ago. It seemed to me Turbo Tax got rather expensive as you add additional forms. I explored several products several years ago and came to the same tax. They all walk you through the process. It is not a difficult process. Good luck.
Posted By: nash22 Re: Turbo Tax? Anyone use it? - 03/05/21
Yes, have used it for many years. Works great.

simple income, standard deduction, if no investment/rent income, I'd say basic online, which is free.
I use freefilefillableforms.com. I can’t wrap my head around paying for a service to help me pay taxes.
Originally Posted by Birdwatcher
Just would just need it for Federal. No State income tax in Texas.

I’m just a salaried employee plus a couple of minor self-employed gigs where I was paid one flat fee per job. I pay the county property tax too but I forget if that figures on a Federal tax return.

No exemptions exceeding the standard deduction.

Would TurboTax work for me?

Yes.

I'm in a similar situation - salaried employee, a few straight forward investments, only difference is Idaho has a state income tax but that's included with the price for the basic Federal return. I've been using Turbo Tax since 2006 and have been very satisfied with it. Very easy to use and help screens are available for any field that isn't intuitively obvious and even those that are.

Keep the receipt for whatever you pay for it since you can deduct that as a legitimate expense on next year's income taxes.
Posted By: wabigoon Re: Turbo Tax? Anyone use it? - 03/05/21
Our tax lawyer uses it.
Works for me but similar to some I don't have any income aside from my paycheck so filing for me is easy
Originally Posted by Birdwatcher
Just would just need it for Federal. No State income tax in Texas.

I’m just a salaried employee plus a couple of minor self-employed gigs where I was paid one flat fee per job. I pay the county property tax too but I forget if that figures on a Federal tax return.

No exemptions exceeding the standard deduction.

Would TurboTax work for me?
With a standard deduction, you can likely use the free online version, depending on your income. It's very easy to use. They'll try to sell you an upgraded version but I just ignore it.
Posted By: Huntz Re: Turbo Tax? Anyone use it? - 03/05/21
I do my own taxes.Did them when I owned several LLC`s.Really is not a big deal if you have good reading comprehension and can do simple math.
Posted By: Tarquin Re: Turbo Tax? Anyone use it? - 03/05/21
Originally Posted by Birdwatcher
Just would just need it for Federal. No State income tax in Texas.

I’m just a salaried employee plus a couple of minor self-employed gigs where I was paid one flat fee per job. I pay the county property tax too but I forget if that figures on a Federal tax return.

No exemptions exceeding the standard deduction.

Would TurboTax work for me?



Yes. Its great.
Posted By: wabigoon Re: Turbo Tax? Anyone use it? - 03/05/21
Us farmers had to file March 1'st, All done! (smile)
There's something wrong with a tax code that forces people to buy software or hire accountants just to figure out what they owe. That's making it way too complicated. I remember Reagan's overhaul of the tax code. It didn't simplify a thing.
Posted By: 1minute Re: Turbo Tax? Anyone use it? - 03/05/21
Works just fine. A little easier that the federal forms in that it's simple English and using more layman like terms as opposed to accounting lingo. Helps a little to have a calculator handy to the side.
Takes longer to find where you put your W2s than it does to fill out the 1040EZ form, maybe a long 3 minutes.
Posted By: TheSOB Re: Turbo Tax? Anyone use it? - 03/05/21
I use it for my own taxes, plus I do the kids taxes to. It works great. I used H&R block for a few years, but they screwed up, and wouldn't back me up when audited, even though I paid extra for that service. Stay away from them.
Posted By: slumlord Re: Turbo Tax? Anyone use it? - 03/05/21
You don’t need Turbo Tax for that.

Get a fuggin golf pencil and a sheet of paper.
Originally Posted by slumlord
You don’t need Turbo Tax for that.

Get a fuggin golf pencil and a sheet of paper.
If you're using the EZ form, Turbo is free and will e-file for free. Why not? It removes the chance of you making a mistake.
I've used it for more than 10 years. I've prepared our returns, my mom's returns, my kids returns, including multiple state returns for one son and his wife. (They are now charging extra for a second state return.)

If you have your data organized, you can prepare and file your taxes in a couple of hours.
Posted By: chris_c Re: Turbo Tax? Anyone use it? - 03/05/21
Have used it for many years, works great
Get it. They will hold your hand the entire way. I've been using it for a dozen years. It get's better and more simple every year.
Posted By: hanco Re: Turbo Tax? Anyone use it? - 03/05/21
We use it!
Posted By: ChuckKY Re: Turbo Tax? Anyone use it? - 03/05/21
Not sure what it cost to use Turbo Tax, but I have been paying the same lady $80 to do mine for the last 25 years.
Posted By: AB2506 Re: Turbo Tax? Anyone use it? - 03/06/21
Yes. Easy to use.
Our accountant got hacked a couple years ago, files accessed we were
among those who may have been compromised.

We were contacted by the IRS, that we needed to go to their office with
Layers of ID and prove who we were and our address.

The agents spoke very highly of the accountant and how they had
handled the situation.


All of this to say,
They tactfully asked if we had ever tried an online service.
They refused to say a name, but when we mentioned Tubo Tax,
They said "Yes, it's one of several. If you go to the IRS website,
there are links to several approved by the IRS. Pick one."

Then, they suggested we go to one, and run our tax info through it.
Compare it to the results from the accountant.

"JUST DO NOT HIT SUBMIT" because we had already filed.


Last year we went to the accountant (Bullheaded) and took
our daughters info from her part time job.

He pushed the papers back across the desk and told us to use
Turbo Tax. It wouldn't be fair for him to charge her to do it.



So, other than a teenager's EZform, no experience.


But, it was recommended to us by the IRS and the accountant we pay.
Posted By: Stophel Re: Turbo Tax? Anyone use it? - 03/06/21
It's Tim Geithner approved!
Thank you all for this very useful info.
This was my 7th year using it. It saves your info from previous years. You just look it over and input the new numbers. Pretty easy. I had about 10 various forms and I was finished in well under 2 hours
Tax-act cheaper and much easier on the pocket book!
Posted By: slumlord Re: Turbo Tax? Anyone use it? - 03/06/21
I went ONCE to one of those H&R Block places about 20 years ago.

Guess theyre only used to Uniquwa and Tyrell coming in there with W-2. Or Pvt Beatle Bailey.


I had a bundle of 10-99s, wife and I both had 8-4 worky jobs, I had 2 small businesses I did nights and weekends, she was a Realtor on the side, we had rental property, college plans, dividend statements from our investment funds, Roths, mortgage interest, land we had sold that year.

JFC

Never again, and I told them over the phone what I had they said come on down. I had my doubts and I was right.


Always did it ourselves from then on.
Posted By: batch Re: Turbo Tax? Anyone use it? - 03/06/21
I've used TT for years. Each year it provides fewer tax situations unless you upgrade.for a much higher price. This is my last time to use it, they priced themselves out of my intrest. For the first time, this year it dumped my entire tax entries when it updated its' self and the update was mandatory so everything I had input was just gone. I am a slow learner but never again.
Not Turbo Tax. I have used HR Block Tax Cut for close to 15 years. The Deluxe version includes schedules for business and farm expenses.

I work out of state and so have to pay tax to my state of employment as well as my state of residence. I used to do all of my own taxes on paper with a desk calculator. Usually the states would correct my return and send me a bigger check than I had expected. LOL..Beats the hell out of being charged with tax evasion I guess.

Anyway, doing my taxes with Tax Cut cost me a bit over $100 this year including electronic filing fees for Federal and Oregon. The tax calculations were not real difficult this year with 1W2 and 5 1099s. But still $100 is cheap to me for the computer to do all the math, and take care of the filing.
Posted By: stevelyn Re: Turbo Tax? Anyone use it? - 03/06/21
Originally Posted by Birdwatcher
Just would just need it for Federal. No State income tax in Texas.

I’m just a salaried employee plus a couple of minor self-employed gigs where I was paid one flat fee per job. I pay the county property tax too but I forget if that figures on a Federal tax return.

No exemptions exceeding the standard deduction.

Would TurboTax work for me?



Yup. It perfect for exactly that. I've been using it for over ten years now and have been happy with it. The only hiccup for me is our slow-assed innanet out here in this fahqin' blowhole. Even then, TT puts me right back to where I was when the connection dropped.
I don't do our taxes but my wife does. She uses Turbo Tax and loves it. All I got to say.
BTW, I sit around and drink beer while she does it. smirk
Posted By: Fiddy Re: Turbo Tax? Anyone use it? - 03/06/21
I used it a while until it got pushy about fees. Then I went to TaxAct which I liked fine and should work well in your situation. That said, it has been a while since I used it and it's "free" status may have changed.
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