- Tax preparation software guides you through your return step-by-step for a fast and accurate refund
- Electronically retrieves W-2 wage, 1098 mortgage interest, and 1099 investment data for hundreds of participating employers, mortgage companies, and financial institutions
- Enters data on the correct forms, eliminating manual data entry errors
- Features summary pages at the end of each section for easy editing of data you've already entered; prior year data import option transfers and lets you edit information from your last year's TurboTax return so you don't have to enter it again
- Refund monitor constantly displays and updates your refund or tax due as you complete your return; one click gives you late-breaking IRS and state forms without interruption
10 Years with TurboTax By Richard M. Shelburne
This will be the 10th year that I have used TurboTax to prepare my Federal tax return. Ten years ago the user interface was a little difficult but workable. Last year the product was great and I expect it to continue to improve. Over the years, I have learned that the product is not infallable and some (but very few) mistakes were made, especially in the area of education credits and whether a "Hope" or "Lifetime" learning credit applies. I was able to successfully navigate through this problem but had to force it into the appropriate category. It remains important for the user to be aware of the tax laws so as not to be surprised by these problems.
I have always used the "Basic" version and have found that it meets all my needs. I have never used the "State" product since state tax returns can be filed in New Mexico over the internet at no cost. You should check with your state to see if it has similar programs.
The only real problem with TurboTax is that the program is released early and before any federal forms are finalized. The update process is easy enough, but if you have a dial-up connection it will take a good bit of time. With a "real" high-speed connection such as cable, it's no sweat. This year it took me about a minute.
I highly recommend TurboTax and wouldn't use any other.Turbotax Online Free Edition By Derek Diamond
I like TurboTax and have used it for years. But as every year passes it becomes more and more bloated. And unlike Taxcut, Intuit has decided to drop support for Windows 98 (which millions of people still use).
The good news is, if you only do simple returns that doesn't involve small businesses, investment property or farm income you can get TurboTax for FREE directly from Intuit online. Better yet, it also includes free federal e-filing. Just do a Google search for "TurboTax Online Free Edition".Staying with TurboTax... bye TaxCut By Michael A. Brown
Last year, TaxCut left Mac users out in the cold when they stopped making a version for that platform. TaxCut customer service is pathetic as well. At the same time, Turbo Tax had solved a few problems that they'd been having for a couple of years. When I switched back, the only problem I ran into was not being able import the previous year's TaxCut info into TurboTax.
The interface for the program is good. It's fairly easy to jump back-and-forth within your return. The major drawback is that if you're ready to file, the program won't let you until it gets all of it's updates. Beyond that, TurboTax earned my business back with a program that is easy to use and pays for itself.
I'd recommend getting the Deluxe version if you need both federal and state versions of the program. The Best-Selling 2006 TurboTax Basic Federal Win/Mac [OLDER VERSION] then to sell out very fast, if this is a must have product, be sure to order now to avoid disappointment.
