TurboTax?

[MattH]

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@Junejer wrote:
That 15.3% SE tax is probably the biggest surprise that one can have when you first become self-employed. Schedule C=ouch.

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Yep, my wife was a freelance writer and editor for a number of years so we're very familiar with self-employment taxes.  Federal Express has a major battle going on right now with the IRS because they classify their drivers as contractors.

I've used TaxCut for some years, mostly because by now I am very familiar with it. My parents have always used a tax preparation service.

As for a certain prominent financial bigshot and his using the software as an excuse, I quote Nero Wolfe: pfui!  Program or no program, I know all our income has to appear somewhere in the total.

[Junejer]

I remember when I had my first "side" business and actually made some money at it. I happily went to file my taxes and the SE tax hit me right between the eyeballs. I couldn't believe what I was seeing. I wanted to scream.

That was in 1994 and I was using TaxCut, as I am to this day.

[Math_Rocks]

I entered all our personal info into TurboTax last night and its showing about $1600 back from federal and state. I'm on pins and needles waiting for the 1099 for DH so that I can figure out how the 2nd job will work out. His route is over 100 miles a night so he'll be able to write off lots of mileage. Don't crush my hope yet! We bought furniture last Spring on a 12 mos. no interest, no payments and we need this refund to pay it off before it retroacts.

(Thankfully we don't live in CA anymore - we might be getting an IOU if that were the case!)

[marty56]

I forgot to add that I am a Federal employee who knows how to use it.  Rare these days from recent news.

[preci0uz]

Chase cardholders get a discount for Turbo Tax and also NFCU members.

https://www.officialpayments.com/promotions/turbotax/chase/chase.asp?page=turbotaxchase.jsp

[Math_Rocks]

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@Math_Rocks wrote:
Not that I really believe that TurboTax is in any way involved in Geithner's not correctly paying his taxes, I would like to hear what you think of the software. Because of our situation, we've used a taxpreparer the last several years. Before then, I used to do them for us. Our bank (Regions), is offering 20% off TurboTax products and I'm considering using it. Opinions and experiences are welcome!

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Add Regions to the list.

[haulingthescoreup]

USAA gives 25% off TurboTax Online.

I suppose I'll use the online version again, if they can find my return from last year... Otherwise, it's back to the CD. But definitely TurboTax.

[demi]

Costco also has it on sale.