POSTS
Review by JJCEO
I do our taxes every year and it is a tedious job. If it wasn’t for TurboTax I probably would have it done. This year’s version is pretty much the same as past years and I am glad because I have used the software for as long as I can remember and I like following the same walk through routine that TurboTax makes you follow. Using TurboTax is fast and easy and I like several features that I use every year:nn* The ability to import last year’s data automatically into this year’s preparation.n* The ability to E-file your taxes with the federal government which speeds up your refund, if you are getting one.n* The itemized deductions for gifts to charity is very helpful as we donate quite a bit every year and it makes it easier to compile a list, keep it for your records and come up with a reasonable value to claim on your taxes.n* I actually pre-calculate my next year’s taxes and print out the forms to mail in quarterly payments for the next year’s taxes to avoid a penalty.n* The ability to keep a PDF copy of your tax return forms for your records as well as print out the forms it you need them.n* I always save my tax computer files and I buy the disk version of TurboTax in case I have to reinstall the software and make an update or file an amended tax return later on.
The nice thing is that you can update the program and make sure that you have all of the latest updates to the tax laws and forms. Having TurboTax walks me through the forms and helps me fill them out faster and easier than reading all of those tax pages written for lawyers.
I just use the combined federal and state version of TurboTax and file electronically. This version includes the ability to file up to 5 Federal tax reports electronically. You can download the state version of TurboTax for one state for free. If you want to file your state return electronically then you have to pay for the privilege. I like the fact that I can quickly do my state taxes after finishing the federal forms. I also always estimate my next year’s taxes and print out the prepayment forms that I customize to fit what additional income I am expecting.
These are just a few of the main features that I like with TurboTax and I recommend the software to you as an easy tool to use. I do wait to find a good price on it as the price keeps going up and up every year.