I have used TurboTax since the early 90s, as it was the only Mac-based solution
available at the time. Through some judicious research and searching I have
been able to get it for free or very little from various sources. For example,
State Farm was giving away free licenses to their customers last year - and not
for the basic, but the "deluxe" version.
A couple of things I like about it:
1.) Importing last year's data. It's a big timesaver when you can just click
and import all the minutia that goes with filing, such as account numbers, etc.
2.) TT has a nice add-on that is part of the "deluxe" version that takes care
of your charitable deductions. I like it because they use the IRS acceptable
amounts for items, such as clothing. When I first used this I was amazed at
how badly I had screwed myself in the past on donations of used household and
clothing items - the allowable amounts from the IRS are quite generous, IMHO.
This year should be even more interesting, as I am now driving for work, and
they only reimburse me at $0.37/mile, whereas the IRS allows $0.50/mile. While
it may seem trivial, I am certainly going to claim that $0.13/mile difference.
I keep my records in a standard .csv format so I can import it into my work
forms as well as Excel, so it will be interesting to see how TT brings it in.
Dan
--- On Sat, 1/1/11, Allan Streib <str...@cs.indiana.edu> wrote:
> From: Allan Streib <str...@cs.indiana.edu>
> Subject: Re: [MBZ] O.T. Free Budgeting Software
> To: "Mercedes Discussion List" <mercedes@okiebenz.com>
> Date: Saturday, January 1, 2011, 2:48 PM
> How many are using software for tax
> preparation?
>
> I have for the past 5 years at least, except last year I
> didn't get around to buying any and did everything on
> paper. I was surprised to find it took about the same
> time, maybe less, as using the software, and the whole
> process felt a lot less "magical."
>
> Allan
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