[quote=rent4now]I didn’t realize you could try it out for free. Thats a great idea.
If I get back more from turbo vs our cpa im gonna demand a refund! :)[/quote]
Yep. They make it SUPER easy now where you don’t even need to download any software. Best of all, you can just use a gmail account to figure out your taxes and don’t have to pay anything until you file. You can use a few different email addresses if you want to make some different scenarios and you don’t even need to buy the program if you don’t want.
I’ve been using Intuit products for years and they are great! I don’t think it gets much better than Turbo Tax. Great program.
As others mentioned, the toughest part of taxes I think is getting together all your stuff. But even that is not too difficult if you just start doing it yourself. What I’ve found helpful is making a spreadsheet with everything you would need. The various bank accounts, investment accounts, etc. Just entering the data from the 1099’s, etc.
Then once you do it one year, you will have all the data entry points you will need for the following year. Sure, things might change with the law but as UCGal mentioned, Turbo Tax’s interview process will typically alert you to any changes.
Also, I really believe that doing your own taxes helps empower you to understand your tax situation more. Once you take a good look how everything ties together I just believe it makes you more aware about your finances.
And these days it’s easier than ever because before you had to wait until all your banks, investment companies mailed you out the forms. But now it’s all online and Turbo Tax will automatically pull the data from almost all banks and investment firms. Couldn’t be easier and not much to enter at all compared to many years ago.
