Intuit TurboTax Online
Written by to do my taxes. When I had a typical full-time career with a few mutual funds and a home it was cheap and easy. However, when I got married things got complicated. My wife is in the military and gets a few tax breaks. She also owned her own place, which she rented out when she moved in with me. Around the same time, I started earning side income with Lazy Man and Money. Suddenly, we had a few tax circumstances that weren't very typical. I still wanted to use TurboTax because it served me well over the years, but my wife thought it was best we get a professional. It turns out that any kind of lingering tax mishaps will stand out a black mark in your military career that can prevent promotions. In that light, I viewed moving to a professional as career insurance and something that was well worth paying extra for.
All that said, I thought I'd sign back into TurboTax Online and see what it looks like today.Yes, sometimes I'm curiously weird like that. Fortunately my login from 5 years ago still works. I don't know why I thought it wouldn't (well I do - Sprint disables mine every couple of years). Here were some things that I noted as I toured the software:
TurboTax has always had a step by step procedure for doing your taxes. This isn't anything new or unique, but it's something to expect. You have the ability to skip a step and come back to it later. This is a feature that I used every year as different investment documents came in at different times.
As I mentioned, my taxes are pretty complicated. It looks like TurboTax can hack them all. I had everything on the right side of the graphic this year.I was able to avoid a lot of the left side (except for the charitable donations).
One of the big questions that I had about TurboTax handling our unique military situation was answered by the screen above. I have to give them props for explaining it in detail. I imagine that this question would likely confuse many, many people though.
After you've completed entering your information it's time to go through your Federal tax documents. Get out those W-2s.
This is a pretty neat time saver for those who have Mint accounts. I celebrated technology for a minute... until I got to:
The words "Epic Fail" are tossed around much too liberally nowadays. I'm going to call TurboTax's lack of integration with a Quicken import an official epic fail. Mint hasn't been owned by Intuit that long that, but they were able to make that work. Why wouldn't Quicken, Intuit's flagship financial software, work with TurboTax, Intuit's flagship tax software?
Who is the manager that said, "Let's not support Quicken anymore with our online version of our software. We'll make people get in a car and go buy Quicken at Staples. Oh and we'll specifically point out that Macintosh users are out of luck - at least we'll save them the car ride."
Give that manager an award for being able to decrease sales and upset customers in two quick sentences.
TurboTax Deluxe Federal + E-File 2012
Software (Intuit, Inc.)
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FREE online tax prep from Intuit
Every little bit helps!
Intuit will let you do your taxes on the web for free if your ADJUSTED 2001 is less than $ 25,000.
The paste below is from their site. I did it today and so long as you don't select add on's it's really no charge. Easier than the one I paid for last year:
If you are one of the approximately 60 million American taxpayers with an adjusted gross income of $25,000 or less, you qualify for free online tax preparation and filing through Quicken Tax Freedom. This project of the Intuit Financial Freedom Foundation allows you to easily and quickly prepare and electronically file your federal and state tax returns via a secure Internet connection through Intuit's Quicken® TurboTax® for the WebSM service
Is it possible to download turbotax
And it says nothing about downloading Turbotax. ONLY about downloading the STATE (?!!!)
OK, looking at it again, the site says that Turbotax BASIC is available for download. So I guess I have to order the Deluxe online, which allows me to download the State, then I wait for the mail to arrive. (Yeah right, not gonna do that).
The alternative is to go to the store and buy it, then mail in the coupon for the State and wait for the mail let alone the processing time.
Wow. Intuit should get with the times. Time to allow downloading products. It began in the 90's.
DO YOUR TAXES ONLINE
if your taxes are simple it's free
it takes a little time just because they ask one question per screen a lot and you click and wait for the next screen over the net a lot, but it's worth it because you don't have to spend time looking things up and they ask questions you'd never even think of, and you can't misinterpret things as easily as if you're doing it on paper
and if your taxes are complicated, they often have automatic-import from online financial institutions so you don't have to enter things like stock sales and W-2s.
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TurboTax Deluxe Federal + E-File + State 2012 for PC [Download]
Digital Software (Intuit)