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Tax Act

December 07, 2012 06:57PM
Has anyone used Tax Act to file their business/personal taxes?

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December 10, 2012 02:52AM
I have heard complaints about TaxACT, TurboTax, and other tax prep software. I live on the state line, where many live in one State and work in the other. Tax software is not clear on resident/non-resident status. Another issue I have heard, is when there's an issue with the software-filed return, a year, two or three after filing. Support is said to be non-existent, regardless of claims of guaranteed accuracy. Of course, this could also be the case of a preparer-paid return. Software is less expensive than a paid professional. With a professional, there is an office with a door that you can bang on, if needed. The IRS now requires preparers to be certified, yearly. However, the fee should not be the sole determinant. It's up to us to "shop" whichever preparation method we elect.

Just be cautious, and realize potential vulnerabilities.
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December 10, 2012 03:26AM
H&R has a tax prep product called something like "Best Of Both". You still prepare your taxes yourself online, but then a tax expert looks it over. I would be interested to know if anyone else has tried this.

_____________________________________________________________________________
"Between stimulus and response, there is a space.
In that space is our power to choose our response.
In our response lies our growth and our freedom."
~Viktor Frankl
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January 11, 2013 10:33PM
For those that use Turbo Tax -

There are at least two versions of Turbo Tax (Deluxe and Premier?) that incorporate Schedule C info. Is the more basic acceptable for someone whose only self-employment income is from MS' ing? What sets it apart from the more expensive / complex version?

Thanks!

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