I love the changes made this year. I have been using Turbo Tax for a really long time - since the late 1980's. Really can't see a reason to stop using it to complete my annual tax return.
What's great about it: It seems to get easier every year
What's not so great: No matter how easy to complete, is still time consuming
Does not appear to properly calculate for 529 QTP when recipient of distribution uses funds to pay for the beneficiary of the QTP. It keeps counting it as income when that is not correct.
What's not so great: Education Expenses dont' calculate correctly
Using Turbo Tax in concert with Quickbooks has made tax time faster and easier for many years. Electronic import of investment data alone can justify the ever increasing cost of the software. Some frustrations remain, though. Using the software only once per year means that navigating through the steps and forms has to be re-learned each tax season. I would like to be able to page through the current year and simultaneously last years returns for comparison while in step by step. Unfortunately, going back and forth through the steps requires re-answering questions that have already been answered, even when looking at last years return that has been filed. Overriding a field, alpha or num. rules out electronic filing! Correcting a description or number without overriding involves deep navigation and / or an expert work-around. Finding out about the override thing only happens at the very end after paying to E-file! Seems like the review should point out the inability to E-file because of an overridden field
What's great about it: Electronic import of Quickbooks data, and complex investment data saves hours of manual data input.
What's not so great: The cost keeps going up. Paging both ways through the steps could be easier.
I like using turbo tax but would appreciate it T Tax would not charge an extra $25 to e-file the state return at the end of the process. Its clever because I just want to get it done but it leaves me with a bad taste for the whole process.
What's great about it: gets easier every year
What's not so great: gets more expensive every year
This is a great program for decisive people who never have to check their work, do crossword puzzles in ink and never ask for directions; but God help you if you want to find a previous entry.
It is impossible to search on a single entry the user has put in the program. And you can't go back to where you were before you tried to find the past entry. It's like losing your place listening to an audiobook.
The treatment of 1099-MISC is also confusing if you have a sole proprietorship. I deleted all my 1099s when I though it was double counting the informationl.
What's great about it: Step-by-step coverage of tax return
What's not so great: Can't search on single entry; confusing treatment of 1099-MISC