I'm using TurboTax to complete my retired parents taxes. I have no issue with the federal filing. When I file their state taxes, it goes over the amount they pay. Because of their tax credits, TurboTax will calculate they may be entitled to more money. However, they can't collect it. If they pay $100 in state taxes, they can only received $100 back in state taxes. TurboTax will say that they should receive $130, which creates problems.
A friend recommended that I use Turbo Tax. I was afraid since I do not know anything about filing or preparing taxes. This is the second year I use Turbo Tax. It is very user friendly and walks you through everything. Highly recommended!
What's great about it: Easy to Follow and Worth It
Overall, I really like TurboTax. I recommend it to everyone I know. I've even seen it used for a complex corporate tax return. The design of the program is excellent and easy to do. Thanks again for making my filing easy.
What's great about it: Simple, complete, well designed for Federal and California
What's not so great: Doesn't seem that intuitive for Arizona Non-resident
Pros: My job status changed this year (switched jobs, lost a job, got a raise or promotion)
This is the third year I have used TurboTax, however, I have never had problems validating my e filings as I did with the 2013 software. After three attempts of updating the software and still not being able to e file my returns due to validation errors, I read comments from a user experiencing the same problems. I tried their fix and was able to finally validate and e file my returns. I am very disappointed withTurboTax 2013 and will look at alternative tax preparation software next year!
What's great about it: Software easy to navigate
What's not so great: Download form updates riddled with errors
Wish I had some inkling before starting to input all my charitable donations (very time consuming) & business expenses that it was not going to be worth my time. I lost my mortgage deduction this year as my home is paid for so no longer worthwhile itemizing. I was very frustrated that I could not e-file my federal return as have done for years. First time in 4 years I will be getting money back & it will take weeks or longer . Turbotax does not work on city returns if not living in the city & one person works there. Always do by hand.
What's great about it: have used for years, feel confident
What's not so great: could not e-file despite multiple attempts
Pros: My job status changed this year (switched jobs, lost a job, got a raise or promotion)