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Anyone here use TurboTax?

Posted on 3/6/15 at 8:22 pm
Posted by King of New Orleans
In front of The Hungry Tiger
Member since Jul 2011
9946 posts
Posted on 3/6/15 at 8:22 pm
Been using HR Block but thinking of using TurboTax this year.

How easy is it? I've never done it on my own.

How much does it cost?

What are your thoughts on it?
Posted by TheHiddenFlask
The Welsh red light district
Member since Jul 2008
18384 posts
Posted on 3/6/15 at 8:41 pm to
I do and it's really easy. It links up with mint.com to import everything so my taxes take about 2 hours to do.

Cost depends on how complex yours is. It used to be about $60 for me to do state and federal, but since I itemized this year it is was 90 something.
Posted by Boh
Baton Rouge
Member since Oct 2009
12357 posts
Posted on 3/6/15 at 8:53 pm to
It's pretty straightforward and easy to use. I've been using it for 5 years now and I recommend it to everyone. I pay about $30 for the federal return with itemized deductions and I file the state return for free at the Dept of Revenue site.
Posted by kywildcatfanone
Wildcat Country!
Member since Oct 2012
119183 posts
Posted on 3/6/15 at 8:59 pm to
I actually went the other way, had used TT for years, but tried H&R Block this year. Just as easy IMO and cheaper.
Posted by MikeD
Baton Rouge
Member since Jan 2004
7242 posts
Posted on 3/6/15 at 9:16 pm to
I've had it for years. Makes it pretty easy as it stores previous years info. Add W-2 and import investing information. Done in about 2 hours.
Posted by Fat Bastard
coach, investor, gambler
Member since Mar 2009
72674 posts
Posted on 3/6/15 at 9:34 pm to
yep
Posted by foshizzle
Washington DC metro
Member since Mar 2008
40599 posts
Posted on 3/7/15 at 7:11 am to
Once you do everything the first time it'll carry everything over to future returns to make them easier. Don't know if they will read competing file formats but they might.

quote:

How much does it cost?


Depends on the version. I'm sure their website will provide full details.
Posted by Civildawg
Member since May 2012
8564 posts
Posted on 3/7/15 at 7:13 am to
I used hr block software this year and it is way more confusing than turbo tax. Turbo tax is much easier
Posted by LSU1018
Baton Rouge
Member since Feb 2007
7222 posts
Posted on 3/7/15 at 7:18 am to
I used turbo tax in years past but switched to H&R Block due to the shady move turbo tax pulled with the deluxe version. Turbo tax is definitely better but not sure it's worth the difference in price.
Posted by LSUtigerME
Walker, LA
Member since Oct 2012
3796 posts
Posted on 3/7/15 at 7:50 am to
quote:

I've had it for years. Makes it pretty easy as it stores previous years info. Add W-2 and import investing information. Done in about 2 hours.


This. Started last year vs paying a CPA. I love it, and actually helped me to understand what I was doing and how my taxes/itemization works.

ETA: Filed 2 weeks ago, got my return last week.
This post was edited on 3/7/15 at 7:52 am
Posted by TigerDeBaiter
Member since Dec 2010
10266 posts
Posted on 3/7/15 at 8:07 am to
I recommend tax act. It's 21.99 for state and federal and does everything I need it to, including house, investments, HSA, other deductions etc.

There's really no "better" software if you know what your doing IMO. Forms are forms.
Posted by TejasPete
Member since Dec 2013
1425 posts
Posted on 3/7/15 at 8:17 am to
Turbo Tax is easy and good to use as long as your filing is relatively uncomplicated. It's also free if you have USAA.
Posted by NoSaint
Member since Jun 2011
11283 posts
Posted on 3/7/15 at 10:20 am to
I've used it and was happy (would echo all the positive comments)- fyi southwest is giving 1000 miles if you use the link through the rapid rewards site
Posted by Nawlens Gator
louisiana
Member since Sep 2005
5834 posts
Posted on 3/7/15 at 10:36 am to

I've used it for years. I like the auto data import from the previous year, the auto data download for w2's, the e-file of the return, etc. It does cost more than others but that's not a big deal to me.

Posted by weagle99
Member since Nov 2011
35893 posts
Posted on 3/7/15 at 10:41 am to
Will use something other than TT due to recent shadiness.
Posted by tankyank13
NOLA
Member since Nov 2012
7722 posts
Posted on 3/7/15 at 11:59 am to
Had my identity stolen using turbo tax, and a false return made in my name. Now using a CPA.
Posted by Nawlens Gator
louisiana
Member since Sep 2005
5834 posts
Posted on 3/7/15 at 12:43 pm to

quote:

Had my identity stolen using turbo tax, and a false return made in my name


Tank - I would appreciate hearing the details of your experience. Did you e-file or mail your return?



Posted by Epic Cajun
Lafayette, LA
Member since Feb 2013
32482 posts
Posted on 3/7/15 at 1:08 pm to
I use TT, I think it was ~$70 for fed and state. Super easy, this was my second year doing it and it took less than an hour (because my info was saved from last year).
Posted by tankyank13
NOLA
Member since Nov 2012
7722 posts
Posted on 3/7/15 at 6:10 pm to
quote:

Tank - I would appreciate hearing the details of your experience. Did you e-file or mail your return?


sorry for late response, I filed a return with my CPA, well the IRS contacted me saying I already filed a return and received a 3800 dollar refund. So I had to file a police report with local and federal law enforcement, and go through hell to prove I had nothing to do with the filing. Finally I was contacted by an IRS agent 6 months later stating all was clear and that they had a lot of peoples identity stolen from TT. yes I believe it was e file as well
Posted by Brightside View
Best Spot Topside God's Green Earth
Member since Mar 2007
118 posts
Posted on 3/8/15 at 12:03 am to
My CPAs fee keeps going up. $400 last year. Considering using TT this year but not sure how complicated my situation would be with TT. W2s for me from my full time and part time. Wife works on contract and we pay estimated quarterly taxes for her. We also claim our home office (% of energy and internet) and some work mileage. 3 ESAs for kids, two IRAs, and 3 regular stock trading accounts. Would I be ok trying TT?
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