Review by Torrey Pines

I’ve used Turbotax for years with excellent results. This is the first year I had a problem and it was a huge one. When it first calculated my tax, it added my AMT to what would have been my regular tax rather than just using the AMT. I wound up owing $27K rather than $3K. I reran the calculations and the second time it got the actual tax I owed correct. It was close to being a nightmare and the time between thinking I unexpectedly owed $27K and the time I reran the software was wrought with anxiety. Next year I try TaxCut.