Although anyone can use this product, for those with some business experience or accounting training this is an invaluable tool.
I have always liked Turbo Tax, for the past 18 years. The longer one uses the product, the more familiar one becomes with it, and the easier the process becomes. I don't look for comparable products because I still get the results I want. Each year, my return is accepted within a day or so, and the Federal refunds arrive very fast. The state refunds, less fast.
We always end up with a "Low Audit Risk" rating. In spite of this, we always buy the excellent "Audit Protection Product". My wife is not trained in taxation, so this gives her piece of mind.
For whatever reason, even though I had 2012 on this same computer, TT did not pick up the 2012 data for the two year comparison and for the Federal tax history report, though it picked up '11, '10, and '09. Perhaps they were already in the 2012 TT files on the machine, and 2013 used them, but it did not pick up all the '12 info for the history and comparison.
This year, for various reasons, (health, projects, etc) we did not file 3013 until January 2015. No worries, as we are owed a State and Federal refunds, as always. We plan our with-holding and estimated payments so that we always get a refund. A basic risk management strategy to avoid late-filing penalties. This will be the first paper return we have filed in I-don't-know-how-long, as e-filing season is over.
I see no reason to change products. I've never had an audit using TT, and my returns are always accepted as fast as the IRS can process them.
Of course as the program ages, there are more updates, of TT itself during the Tax season. The Federal updates are convenient to load, and the IRS seems to have more of them for '13 than I remember in prior years. This seeming increase in updates makes TT''s update feature even more valuable.
Now that I finally finished '13, I am going to download '14 and complete the '14 return by February, '15. Right after I complete some maintenance on my 2012 computer. Turbo Tax is one of the consistently great software products out there, and I am glad to have it every year.
What's great about it: Tax return error checking feature, Audit Defense product, comparison to peer group line item deductions and taxes.
What's not so great: 2013 did not transfer all my 2012 info on same computer
Pros: My job status changed this year (switched jobs, lost a job, got a raise or promotion)
I do my children, one that has a small business return but lives in a different state and then moved to another state. I pick Turbo Tax Small Business to cover her, but my other children live in my State of California and do not have a business.
What's great about it: Transfers last year information
What's not so great: Hard to correct capital gains
Turbo Tax is the best option to a tax accountant service. Over the years the services have continued to be enhanced to cover most all tax return filing needs.
Easier to use than 2012 version. It akes less time to complete. Form 1099-B do not mirror Fidelity brokerage reports for Proceeds from Broker and Barter Exchange transactions. Brokerage reports include Form 1099-B with Box A, B, D and E checked whereas TurboTax only include A, B, and C thereby lending to incomplete reporting.
What's great about it: easy guide
What's not so great: cannot delete any return started, cannot differentiate between several returns on imprort last year view.
I have used TurboTax every year for the last 8 and I am happy with it. The easy to use guided steps remind me to look for things I may overlook, as well as introducing me to online options like inputting items throughout the year in ItsDeductible Online. ID really makes the donation process simple for items and overall the ease of use of TT each year has been great!!
What's great about it: Easy to use, guided steps
What's not so great: a few items I couldn't find in ItsDeductible