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Income tax software

Old 01-19-2007, 08:52 AM
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Default Income tax software

Folks,

I'll be doing my own tax return filing for the first time this year.

What's the latest and greatest on various Income Tax Software programs ?




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Old 01-19-2007, 08:55 AM
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Default Re: Income tax software

Turbo Tax always worked for me.
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Old 01-19-2007, 09:04 AM
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I use TurboTax online.
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Old 01-19-2007, 09:05 AM
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Another vote for Turbo Tax
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Old 01-19-2007, 09:12 AM
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Turbo Tax - especially if you use Quicken.
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Old 01-19-2007, 09:31 AM
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Do you have compplicated tax implications that are forcing you to use a program? Individual taxes are not that complicated. I have filed my own, including a Fed Schedule "C" for my small business, since the early eighties. Keeping up with the tax codes has been fun to me, although I have a strange sense of fun.

Just a thought.

Pat

To be perfectly honest, I think computerized programs for taxes have contributed to the dumbing down of America. People are too lazy to read, add, and subtract these days. Where will it stop?
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Old 01-19-2007, 10:38 AM
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I've been using Turbo Tax for the last 15 years.
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Old 01-19-2007, 10:43 AM
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Turbo Tax for 10 years.....
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Old 01-19-2007, 11:08 AM
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Turbo Tax.....
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Old 01-19-2007, 11:21 AM
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Turbo Tax, no matter complicated, it'll handle it
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Old 01-19-2007, 03:27 PM
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Another vote for Turbo Tax, and last year I tried Tax Cut, too. Turbo Tax was waaaayy easier to use.
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Old 01-19-2007, 03:29 PM
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Turbo tax. I think you can also file online with the IRS too.
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Old 01-19-2007, 07:49 PM
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Well, I'll go against the grain. Tax Cut here. Especially if you use Microsoft Money.


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Old 01-19-2007, 11:25 PM
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Default RE: Income tax software

It's not what you know to plug into the software that matters, it's what you don't know that makes the difference.

I've seen some great self prep returns, especially by small business owners.

Of course if you are standard deduction and W-2s only, just use the free software on the web and e-file.
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Old 01-20-2007, 09:57 AM
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Default RE: Income tax software

My CPA has some excellent software.

I don't know what it is, and I don't care.

A few hundred bucks each April and she has to sort it all out. Priceless.


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Old 01-20-2007, 10:19 AM
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Default RE: Income tax software

Snapper Head - 1/20/2007 9:57 AM

My CPA has some excellent software.

I don't know what it is, and I don't care.

A few hundred bucks each April and she has to sort it all out. Priceless.


Big Al
also, I can't count
Yup, she is using Turbo Tax as well. Go with Turbo Tax unless you consider tax preparation as a chance to cheat, evade and/or commit garden variety fraud.

FWIW - in a former life I was a partner in one of the Big Five and they had a proprietary system as well.....and it sucked.....but the Tax Group did rack up some great fees acting like that software added value.

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Old 01-20-2007, 10:28 AM
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Default RE: Income tax software

Tireless - 1/20/2007 9:19 AM

Snapper Head - 1/20/2007 9:57 AM

My CPA has some excellent software.

I don't know what it is, and I don't care.

A few hundred bucks each April and she has to sort it all out. Priceless.


Big Al
also, I can't count
Yup, she is using Turbo Tax as well. Go with Turbo Tax unless you consider tax preparation as a chance to cheat, evade and/or commit garden variety fraud.

FWIW - in a former life I was a partner in one of the Big Five and they had a proprietary system as well.....and it sucked.....but the Tax Group did rack up some great fees acting like that software added value.
I hear ya Tireless. It's worth it to me to let someone else do the work. That's where the value is for me. I hand her a stack of paper and and DVD full of files and walk away. A week or so later, I show back up, review the return, and sign. Too easy to consider taking the time to do it myself.

Big Al
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Old 01-20-2007, 11:51 PM
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Default Re: Income tax software

Tax Cut's always done right by me, but I'd imagine Turbo Tax is top notch. Quicken makes too much money off it year in and year out for it to be bad.

It is great having someone else do it for you...

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Old 01-21-2007, 06:22 AM
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Default Re: Income tax software

Used Turbo Tax for 7-8 years and thought I was doing OK. When to CPA 2 years ago and because of rental property and other stuff found his service to be a good return on investment. BYW, he went back two years and found the opportunity to get me refunds. I am sticking with him!
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Old 01-21-2007, 09:28 AM
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Default Re: Income tax software

one problem I see that that turbo tax will only allow you to complete one return! If your kids earn income you will need to complete theirs the old way
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