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Turbo tax question
Posted on 3/14/16 at 12:45 pm
Posted on 3/14/16 at 12:45 pm
Rather then paying an accountant I'm doing my own taxes this year. If I use turbo tax should I use the free software or pay the extra $35 for the "maximize my deductions".
I worked half the year out of state so I have a lot travel expenses ( gas, airfare, lodging, rental car ect.) and food expenses to report.
I worked half the year out of state so I have a lot travel expenses ( gas, airfare, lodging, rental car ect.) and food expenses to report.
11
Posted on 3/14/16 at 12:46 pm to ellishughtiger
quote:
pay the extra $35 for the "maximize my deductions".
Posted on 3/14/16 at 12:47 pm to ellishughtiger
IF you itemize, you can't use the free version.
Posted on 3/14/16 at 12:47 pm to ellishughtiger
quote:
should I use the free software or pay the extra $35 for the "maximize my deductions"
You will pay it to file at the end regardless. I pay around $60 to do and file my State and Fed. It is worth it. Good program.
Posted on 3/14/16 at 12:48 pm to ellishughtiger
I would do the $35 if you have a bunch of extra things to add, I do it and it typically runs quick and smooth for me.
However some kent on here will tell you to do the free one just because it's free.
Edit: What Artie said ^
However some kent on here will tell you to do the free one just because it's free.
Edit: What Artie said ^
This post was edited on 3/14/16 at 12:49 pm
Posted on 3/14/16 at 1:12 pm to ellishughtiger
you get a w2 or 1099?
Posted on 3/14/16 at 1:12 pm to ellishughtiger
Do you stand to make more than $35 by doing a full return? if so, pay it and rake in the money
Posted on 3/14/16 at 1:15 pm to Artie Rome
I've never paid them a penny and use them evevy year. Only 1 W-2 and no crazy deductions though.
This post was edited on 3/14/16 at 1:16 pm
Posted on 3/14/16 at 1:22 pm to NashBamaFan
First couple of years I loved using it
Last year when they changed format, I don't find it as user friendly but well worth the money you spend on it and to file.
Last year when they changed format, I don't find it as user friendly but well worth the money you spend on it and to file.
Posted on 3/14/16 at 1:24 pm to ellishughtiger
taxAct FTW
Posted on 3/14/16 at 1:27 pm to CarterWilson717
freetax usa. same as turbo tax, a little less user friendly...but its not hard.
cost me $12 to file my taxes, I itemize.
cost me $12 to file my taxes, I itemize.
Posted on 3/14/16 at 1:27 pm to jordan21210
quote:
you get a w2 or 1099?
I have both w2 and 1099's
Posted on 3/14/16 at 1:28 pm to ellishughtiger
I use the free Federal TurboTax, but you have to pay for one state return. I have pretty complicated finances, 1099s, royalties, etc and it works fine for me. If you have two state returns to file, you may need to opt for the more expensive version.
Posted on 3/14/16 at 1:29 pm to Artie Rome
Mine was free to file and I used the free version.
Posted on 3/14/16 at 1:30 pm to ellishughtiger
quote:
ellishughtiger
Posted on 3/14/16 at 1:30 pm to blueridgeTiger
quote:
I use the free Federal TurboTax, but you have to pay for one state return. I have pretty complicated finances, 1099s, royalties, etc and it works fine for me. If you have two state returns to file, you may need to opt for the more expensive version.
I'll have to report state taxes in Louisiana, North Carolina and South Carolina. I'm a permanent resident of Louisiana though.
Posted on 3/14/16 at 1:31 pm to Jcorye1
quote:
Mine was free to file and I used the free version.
Sweet. I found the paid version worked well for me and I'm not worried about the small fee.
Posted on 3/14/16 at 1:52 pm to ellishughtiger
I'll do your taxes for you for a lump sum.
Guaranteed maximum returns.
Guaranteed maximum returns.
This post was edited on 3/14/16 at 1:53 pm
Posted on 3/14/16 at 1:53 pm to ellishughtiger
No question, freetaxusa.com.
Posted on 3/14/16 at 1:57 pm to ellishughtiger
Yeah you'll possibly owe in multiple states then. If you've got a bunch of investments too, I'd let a CPA handle it...but that's just IMO.
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