Turbo Tax is an excellent tool for filing federal and state tax. I have used it for years and never had any problems. Less costly than using a tax agency. I have recommended it to many friends and it turned out that many already use Turbo Tax.
I'll be back next year!
What's great about it: Have used Turbo Tax for many years with great success
What's not so great: some new forms were a bit challenging
Each year, I encounter a general lack of information on reporting K-1 forms when held in IRA. This year I needed the information as my fiduciary trust Co. was required to file IRS form 990T. Turbo Tax contained incomplete and some incorrect guidance. I would appreciate more complete information on this matter. Information on your site was of no help and misleading. The fiduciary trust Co. is required to file a tax form if Block 1 on K-1 is > $1000. After calls to my IRA fiduciary trust Co. I knew what to do. Namely, send all K-1's to them and they would file the form. If I had not sought answers outside of your references, no 990T would have been filed! The result might have been to place my IRA in danger of disqualification. Far out of any desirable ending.
What's great about it: easy to use. I liked the need of password use
turbo tax made filing my taxes so easy, I was really dreading doing them. I have been putting off doing them, but pleasantly surprised. Thanks very much
What's great about it: so easy to use and covered all bases
I have used TurboTax since 1998 and religiously buy it. My major concern for the last 4-6 years has been the filling out of the forms required for a K-1. Line 20 needs some serious attention.
What's great about it: Downloading from Broker.
What's not so great: K-1's still need a lot of Revising.