POSTS
Review by Southern Girl
Installed perfectly on Windows XP. Imported last years tax data perfectly.
Manually downloaded information from all my financial institutions, using the correct import file that the firms make available for manual import. (Not the import button in Turbo Tax)nnIMPORTANT! Remember to get the correct file from your broker since the import function button in Turbo Tax does not import your cost basis for stock or options. Unless you do, you will have to fill this out yourself. Talk about time, and time is money..Get the right file!nnI find that there really is no need to buy the more expensive version, this product does schedule C for my business and home office. I used the Home and Business last year and quite frankly found very little difference in the product. Annoyingly, Turbo Tax kept asking me to upgrade.
This year I knew that e-filing would cost and I gladly paid for it since I was afraid of the IRS’s human/scan error in transcribing and I only paid $29 for Turbo Tax with State this year from Amazon.
Received my State Refund in a week, and I my Federal Refund in 2 weeks. No extra costs, deposited right into my bank account.
I still use the forms function to fill in most information, since that is quickest.
ItsDeductable software is useless, time consuming and I question the high amounts it gives to used, very good condition clothing. For my purposes, I claim 10% of the new purchase price for a deduction. If a suit cost $125, the donation is $12.50. Come on guys, I’ve worn the suit–How can it be worth $65? Maybe this is why Turbo Tax sells extra audit protection? Since I did not pay for ITsDeductable, I still give Turbo Tax Five Stars this year.
My son, the poor college student (sigh), will again file online for free with Turbo Tax, by accessing it from the IRS government website.