Taxes!

[PJ-Hunter]

It's that time, so........

taxact.com or

turbotax.com?

I used taxact last year and it was easy to use and pretty broad. But I was told that turbotax is more detailed and finds more deductions.

Just gonna do them online and submit. Just wanted to get a few other takes on the online sites.

FYI, Taxact offers Fed and state for $18. Turbo tax wants $37 for Fed and state. TurboTax guarantees the biggest possible refund as does Taxact. So..........

Is there really a difference and Turbotax is just more expensive because they have been around a while.

Sure would love to hear from more folks with experience from both.

 

[RMK7SledHead]

I've only ever used Turbotax, but it works well for me. My taxes are simple: married, filing jointly, two incomes from one source each, standard deduction, and student loan interest write-off.

We owe $888 this year...damn near perfect in my opinion. Perfect being zero refund and zero owed.

 

[PJ-Hunter]

It's a little different for me. Mortgages, kids, daycare, donations, all kinds of write offs and tax credits.

 

[milehighassassin]

I paid an accountant $100 last year to file and do my taxes. That includes the 1099's I had.

 

[slednutz]

I'm an accountant so i'm going to be biased and say see an accountant but if you have a simple return I would go turbotax.

 

[PJ-Hunter]

I'm an accountant so i'm going to be biased and say see an accountant but if you have a simple return I would go turbotax.

Accts are too spendy, no offense. No business or rental income so pretty simple, just a lot of deductions.

 

[PJ-Hunter]

I paid an accountant $100 last year to file and do my taxes. That includes the 1099's I had.

That's alot more than $18

 

[slednutz]

No offense taken, for a simple return I would recommend turbo tax just because it was the software I used in school and it was pretty straight forward and basic. Turbo Tax will walk you through your deductions so that you can itemize properly

 

[locknload]

Last year I figured my taxes using tax act, something didnt seem right so I had my wife take them into an accountant, we received almost 40% more of a refund. Probably with in the last 7-10 years I have been doing all of our taxes trying H&R Block, Tax Act, Turbo Tax, Turbo Tax being the easiest. If your not itemizing and using standard deduction i feel that any one of these will work fine, but going long form its to easy to overlook something. That being said we will be using an accountant again this year just for the piece of mind.

 

[MARV1]

Turbotax for me past decade, works and statisfied. . . Should be ready to start mine soon.

 

[milehighassassin]

To file a 1099 it costs more than $18 because you are considered self employed. $100 is nothing. I did very little but send receipts and forms. He filed for me and it didn't cost anything to file. I paid him and that's it.

Software alone to do the 1099 was like $80 plus filing fees. Plus I know the deductions were correct.


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