TurboTax or Tax Cut

aps45819

aps45819

24/7 Single Dad
About the same.
Only advantage is you save some time by using that same one multiple years.
They both read in previous years info.
 
glhs837

glhs837

Power with Control
We've used Turbo Tax for years now, and like APS said, the ability to import previous years info is a big help.
 
Teacher_Lady

Teacher_Lady

New Member
Can you use Turbotax if you are filing jointly? My husband and I got married in June and this is the first time filing jointly.
 
somdfunguy

somdfunguy

not impressed
Use them both and then just file and pay whichever one is cheaper or has the higher return. Remember you don't pay until you file.
 
glhs837

glhs837

Power with Control
CRE? That link shows $19.99 as the lowest, as far as I can see. Am I missing something? And thats just federal, state e-file is another $20. Now, the filing is free, and thats nice, but the software still costs, it appears.
 
KingFish

KingFish

Nothing to see here
I have used Tax Cut for several years and have had no problems with it. :yay:
I think both programs are basically the same thing and easy to use.
 
AiryT

AiryT

New Member
I use turbotax every year. I tried taxcut one year and didn't like it as well. I guess it's all in what you get use to. I find BJ's has the best price I've seen on it so far.
 
Jannifer

Jannifer

New Member
We have used Turbo Tax online for several years. You do not have to buy software at a store. I like being able to try different things to see how it effects the return. I decided to buy an IRA as it resulted it us getting $500 more back last year. This year I just cannot afford one.
 
hotcoffee

hotcoffee

New Member
KingFish said:
I have used Tax Cut for several years and have had no problems with it. :yay:
I think both programs are basically the same thing and easy to use.
Click to expand...

I've used TaxAct for the past couple of years. We had to pay to file. and I had to pay to download the Maryland tax for efile..
 
tagryn

tagryn

Member
I used TurboTax last year, but will probably use TaxAct this year. Both were able to find deductions I had missed prior to using them - its not quite as good as having a dedicated tax specialist, but its much less expensive.

One thing to keep an eye on, with how bad the MD state budget is: in California, the state gov't is considering issuing IOUs instead of rebates for overpaid taxes:
Note to Californians: File tax returns ASAP - Smart Spending Blog - MSN Money
...which would be an incentive to file as soon as you have all your documents, in case O'Malley and the legislature decide to follow CA's lead. As the article says at the end, it also suggests reviewing one's withholding levels so as to minimize overpaying of taxes would be a good idea, too.
 
glitch

glitch

Devil's Advocate
tagryn said:
I used TurboTax last year, but will probably use TaxAct this year. Both were able to find deductions I had missed prior to using them - its not quite as good as having a dedicated tax specialist, but its much less expensive.

One thing to keep an eye on, with how bad the MD state budget is: in California, the state gov't is considering issuing IOUs instead of rebates for overpaid taxes:
Note to Californians: File tax returns ASAP - Smart Spending Blog - MSN Money
...which would be an incentive to file as soon as you have all your documents, in case O'Malley and the legislature decide to follow CA's lead. As the article says at the end, it also suggests reviewing one's withholding levels so as to minimize overpaying of taxes would be a good idea, too.
Click to expand...

You have GOT to be kidding me. I would absolutely freakin' lose it if I got an IOU back instead of my money. :cds:
 
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