Ask Experts Questions for FREE Help !
Ask
    catonsville's Avatar
    catonsville Posts: 894, Reputation: 91
    Senior Member
     
    #1

    Jan 1, 2012, 05:14 PM
    How Good is TurboTax?
    Thinking about TurboTax. To get started, do you need to post your last year's return? Having been through a Bad Broker and now a Bad Tax Perparer, I can do as good as these 2.
    At least I have my interest as Number Uno and I will only have myself to blame for errors.
    ScottGem's Avatar
    ScottGem Posts: 64,966, Reputation: 6056
    Computer Expert and Renaissance Man
     
    #2

    Jan 1, 2012, 05:17 PM
    I've used TT for over 10 years now. You can start from scratch, but you will need to enter all your data.

    A lot depends on how complex your return is and how much you know about the tax code. TT is pretty good at asking questions that can lead to deductions and making sure everything is covered.
    Fr_Chuck's Avatar
    Fr_Chuck Posts: 81,301, Reputation: 7692
    Expert
     
    #3

    Jan 1, 2012, 05:28 PM
    It is good for average returns, You don't "post" anything, you do enter when it asks all of the information from the year you are filing, all income and deductions.

    All of them are only as good as the info you provide and how honest you want to be with it.
    AtlantaTaxExpert's Avatar
    AtlantaTaxExpert Posts: 21,836, Reputation: 846
    Senior Tax Expert
     
    #4

    Jan 2, 2012, 10:51 AM
    Agree that TurboTax is a good product for the average return.

    However, a GOOD, HONEST tax professional will at least save you in taxes what you pay him in fees, and you submit the return knowing it has been vetted by a professional. You just need to be more careful about who you pick to be your preparer.

Not your question? Ask your question View similar questions

 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

Turbotax.com login? [ 2 Answers ]

How can I get form 4868

Turbotax [ 1 Answers ]

Hi, I was on L1 visa and stayed in California until March 2009 then moved back to my home country. I would like to file my taxes online. Can you let me know if I can use Turbotax to file my taxes. I read in one of the blogs that I am not allowed to file my taxes through turbotax if I have not...

File W7 with turbotax [ 1 Answers ]

Hi, I will need to file W-7 for my parents this year. I understand I will have to use paper file. Can I still use turbotax online to fill the form but leave my parents' SSN blank, print out the form and send it out with attached W-7 and their passport? When I receive their tax Id, can I e-file...

TaxAct vs Turbotax [ 6 Answers ]

Hello, I was wondering why I would get 2 different amounts in Turbotax and Taxact, Taxact is showing $120 (refund) more than Turbotax. I checked 3 times to make sure all amounts are the same and correct.

Using TurboTax for H1B and H4 [ 9 Answers ]

I started working at a company in the US with H1B since Oct, 2005. My wife has H4 and my son is a us citizen. In 2006, we all phisically stayed in the US for about 11 months. Q1. I think my wife and I can be considered as resident aliens so we can use 'married and file jointly' category and put...


View more questions Search