TurboTax 2008 vs Tax Cut: So, are Tax Cut users really satisfied?
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A couple years ago I tried TaxCut after the TurboTax fiasco regarding rebates. I cut off my nose to spite my face. TaxCut could not accurately record and report the Clergy Housing Allowance calculations. I had to "lie" to the program to get the results I knew to be true (been doing my own clergy tax for almost 30 years with no problems and no audits). I wrote TaxCut with a detailed description of the problem, but have never received a response. Also, I found TaxCut clumsy and harder to use compared to TurboTax. Although I am back to TT this year and last, it may be time to use downloaded forms from IRS along with a desktop calculator. Others may want to begin paying a tax preparer and avoid the hassle altogether.
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No. It's not the best software, most people on blogs recommend upgrading. I still use sure cuts alot. It crashes frequently and is not the most user friendly thing I've ever used but a few hours of youtube/blog reading can get it up and running. Windows only.
687582
They are different tools. The business package is for corporate, partnership and things like LLC's. You most likely would still need Turbotax for your personal taxes.
427893
TurboTax Deluxe will work fine for you if you have capital gains transactions (including stock and mutual funds). TurboTax Premier has more help and guidance (like lot sales, ESPP, stock options, automated cost basis) for these types of transactions than Deluxe. If you have fairly straightforward stock/mutual fund transactions, Deluxe is great. Bob Meighan VP, TurboTax
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We always use the TurboTax Deluxe Federal + e-File + State. Last year we paid $19.95 to e-file our State Taxes. Federal was included on CD.
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If you scroll down the main page (instead of clicking on the reviews) you'll find (highlighted in yellow): "Looking for Customer Reviews for a previous version? Customer Reviews submitted on Turbo Tax Deluxe Federal State + eFile 2008 prior to December 13, 2008, have been moved to the previous version of the product because the product was updated at that time." Don't know when exactly it was done, but those hundreds of bad reviews were moved to the link under 'previous version'. Kinda sneaky of Amazon.
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Yes, it is easy to import your Turbotax files from last year into this software. Depending on the complexity of last year's taxes you may need to answer a few question to an import wizard program.
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This response is for the actual software shipped to you and NOT the download which *might* work differently. ~~ In previous years, I have used the software to file my own taxes and then passed it to a friend who also used it for her own taxes, including using the efile. (I never registered the product with H&R Block and she even has a different address than me.) I have not finished my taxes for this year yet, but if the previous years are any indication, then it *should* work again the same way. I find no indication that they have limited the e-files so that only ONE user can use them, i.e., nothing on the box or in the material says that.
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I tried to get them to adjust a price on my 2008 Tax software. They lowered the price within 2 weeks of my purchase. No dice.
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I have always used Block (formerly Taxcut). It has always cost less to buy (price wise) and does the job with no hidden klinkers.
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If this 2012 Deluxe + State works with Window 8; then, why H&R; Block does state as "Win 8 Compatible" ??? I used Tax Cut, H&R; Block for many years, but I am changing to other tax program......
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With TurboTax Online you have to use a separate user ID for each federal return that you file, which means you have to pay separately for each one. If you have to file for multiple family members, the CD version will cost less. With TurboTax Online, since each federal return is a separate account, you also have to purchase the state separately for each person. If one person has to file in two states, you have to purchase both states for that person. With the CD version you purchase each state once, and you can use it for as many people as need it. For example, if you live in New York, and some family members work in New Jersey, you would purchase one copy of New York and one copy of New Jersey. You would use the one New York program for everyone, and the one New Jersey program for all those who need it. If you buy the Federal + State product, the first state is included at no extra charge, so you only have to buy another state if you need a different state. Again, if you are filing for multiple family members, the CD version is going to cost less.
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Yes. There is no advantage in using the more expensive versions unless you need to get a pricing guide for non-cash charitable contributions. I have used it for years and almost always itemized deductions.
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John, Thanks for you post. It confirms that I am not alone in my frustration about tax prep software ( TurboTax, TuxCut at al) not offering an oprion to automatically analyse joint vs. separately. They all claiming to minimize the taxes, but fall short on this step.
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Did you answer your own question above? My answer: Yes. I love it. Get it. It works fine. The competitors would rather have you spend big bucks with them instead of saving.
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I'm really not sure. I would suggest that she pose that question to the Turbo Tax Support Assistance.
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The cd version definitely works on Macs. I have been using TurboTax for years as a Mac owner so have no fear:)