Tap Posted February 4, 2011 Share Posted February 4, 2011 What is your general opinion of programs like TurboTax and people doing it themselves? Are there any circumstances that you thing people should consider hiring a preparer vs accountant? Common Mistakes? Quote Link to comment Share on other sites More sharing options...
KidsHappen Posted February 4, 2011 Share Posted February 4, 2011 I don't know why but everytime we have used Turbo Tax it has computed our taxes incorrectly leading to a letter from the IRS saying that they refigured them and we either owed more or had a larger refund coming. Quote Link to comment Share on other sites More sharing options...
alpidarkomama Posted February 4, 2011 Share Posted February 4, 2011 We've used it for 15ish years and never had a problem. Quote Link to comment Share on other sites More sharing options...
dirty ethel rackham Posted February 4, 2011 Share Posted February 4, 2011 We've used it for 15ish years and never had a problem. Same here. I am considering a tax preparer this year due to some complications from my mother's estate. Otherwise, I'd be doing them myself again. Funny, my FIL was a CPA. When he was working for a tax accountant preparing individual returns, he used TurboTax :). They came out better and more accurate than when people did them by hand. Quote Link to comment Share on other sites More sharing options...
Mynyel Posted February 4, 2011 Share Posted February 4, 2011 :iagree: With the PP's. I have used the online free version of Turbo Tax (taxfreedom.com) since 2003. Never had a problem! Quote Link to comment Share on other sites More sharing options...
danybug Posted February 5, 2011 Share Posted February 5, 2011 I have always used Turbotax online and even the free edition. Each time the upgrade option pops up I wonder if I should, but the free one works perfectly for us. I think it is simple to use and extremely self explanatory and helpful. I do itemized deductions and it walks you through everything. Quote Link to comment Share on other sites More sharing options...
esavvymom Posted February 5, 2011 Share Posted February 5, 2011 We've used TT for almost 14 years. Early on, we'd use TT to do them at home, gather materials (receipts), etc, and then would take them to a well known tax preparer. After doing that a couple of years, and EACH and EVERY year, we'd have to tell the preparer about things they forgot to ask about (charity, interest deductions, etc). It got to the point where WE were telling THEM what to enter. We got fed up and have done it ourselves ever since (12+ yrs now). We've never had a problem. TT has always stepped us through the process and flagged any potential "triggers" for the IRS. So far so good. Quote Link to comment Share on other sites More sharing options...
missesd Posted February 5, 2011 Share Posted February 5, 2011 TaxAct for us here!! LOVE IT! Quote Link to comment Share on other sites More sharing options...
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