TurboTax

Mar. 10th, 2008 08:16 am
tagryn: Owl icon (Default)
[personal profile] tagryn
I want to take a minute to say how impressed I've been with TurboTax. I prepare our taxes, and I've gradually made the move from 1040EZ to 1040A to 1040 over the years. This is our first year of itemizing, mainly done because of our house purchase this past year with all the extra tax breaks that come along with that. I did a dry run of our taxes after all our documentation came through, planning to do it all by hand again, but Donna suggested I should try TurboTax instead, as her friends all testified that it was a great product. I was skeptical: I'd looked at the product lines a couple of years ago, and didn't like that they all charged for e-filing, and was concerned about the product getting obsolete too quickly. So, what I did was look around on ebay, and after a couple of weeks of trying I finally snagged a current copy for $20.

Having used it on our taxes, I have to say Donna was right. There were a whole set of deductions that the program picked up on just from having our W-2s entered that I didn't know existed, and the program has an array of error checks and audit detectors that serves as a double-check. I liked the step-by-step process the program uses, explaining in English what each term means. I was also able to do our state taxes using it, as well. It really is like having a personal tax advisor, for a fraction of the price. And, supposedly the program will update itself when the next tax year comes along and import the information from last year, so we shouldn't have to buy a new version every year. I mailed in our forms after printing them out & avoided the efile charges that way.

In total, we're scheduled to get hundreds of dollars more back on our refund this year than what I'd calculated. Good thing, too, since a portion of our backyard fence buckled during the windstorm over the weekend. Repair bills!

Date: 2008-03-11 01:38 am (UTC)
From: [identity profile] donnafair.livejournal.com
Hooray to copssister and Magpie for the TurboTax suggestion! Now if only they could repair a fence...

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tagryn

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