- Tax preparation software guides you through your return step-by-step for a fast and accurate refund
- Maximizes your deductions by leading you through the calculation of mortgage interest, charitable contributions, education, medical expenses, and more
- Shows you how to qualify for over 350 deductions; looks for deduction opportunities, shows you which deductions you've already taken, which you haven't, and which you're not yet eligible to take
- Includes ItsDeductible software to help you accurately value items donated to charity, and one free state download to help you handle deductions specific to your state of residence
- Life Events Planner guides you through common life events-- like buying a new home or taking on new dependents-- and shows how future life changes will affect next year's taxes
Say NO To Audit Defense Option!! By M Anthony
The Turbo Tax software was really useful. HOWEVER they offer you "Audit Defense", a service that is supposed to represent you if you are ever Audited by the IRS. Well guess what, I was audited by the IRS. The accountant that they assigned to my case was in Pennsylvania (I live in DC, my case was being reviewed in DC). The guy NEVER called to ask what my situation was. After I initiated the call, he tried to tell me not to "fight the 2005 audit and maybe they will let the 2004 audit slide". I wasn't trying to "fight" anything, I wanted someone to Present My Case! After my date was up, I didnt hear from the guy, 3 weeks later I get a letter in the mail from the IRS saying I owe money because I didnt show XYZ information. DO NOT GET THE AUDIT DEFENSE! It is like going to court with a Public Defender, you are asking to lose...Can't Import from It's Deductible Online By Alex
I'm very happy with the software, with one exception... You can't import your Deduction information from It's Deductible Online. Last year the software suggested that we use the online version of It's Deductible giving the impression that we'd be able to import our information into the Desktop edition of TT. Unfortunately that is not the case. In a nutshell, if you have a lot of Deductions in It's Deductible Online, then you'll need to start your return using the online edition of TT (it's free till you're ready to file so you don't have to pay twice), import the deductions, then export your tax file to the desktop edition of TT. It's a real pain, and if you've already filled out your Taxes up to the point where you enter in your deductions, you'll have to start all over again.
If it weren't for this major hassle, I would have rated this a 4 or a 5, but finding out about this problem more than half way through my taxes, and having to start all over again is a big zinger.Best In Class, But... By John P Bernat
I just finished a pro-forma tax return last night and, as has been the case for many years, using TurboTax was relatively easy and "bulletproof."
My criticisms below are therefore meant to be constructive...
1. While the deduction finder feature was great, it was tedious.
2. File saves could be more frequent or automatic.
3. Calculation fields attached to most, if not all, numeric entry panels would be a big plus.
4. File transfers from Quicken were spotty. Some items were missed due to field defintion conflicts between TT and Quicken 2003.
It's the gold standard for home tax prep, though, and I would not hesitate to recommend using it. The Best-Selling 2006 TurboTax Deluxe Federal + State Deduction Maximizer Win/Mac [OLD VERSION] then to sell out very fast, if this is a must have product, be sure to order now to avoid disappointment.
