With the Christmas and holiday season coming to a close it is once again time to turn our attention to another of our annual festivities... income tax filing! Do any of these ring a bell: 1040, W-2, child tax credit, earned income credit, self employment tax, eFile, gift tax, the IRS? They may have slipped your mind since last year, but they are in your future. Hopefully a big income tax return is in your future, too. Hopefully a big income tax return is in my future!
I have been using
TurboTax for years and I highly recommend it. I use the TurboTax software for my preparation and filing, but there is also a simple online version, too. TurboTax is second to none and I believe I get back more money by using it versus using an income tax professional.
My wife and I used to file separately. I would do my returns with TurboTax and she would use a local tax preparation company. Several years ago for a comparison I did her return and compared it to what her professionals came up with. The results were close, but TurboTax was a little better and quite a bit cheaper than the fees the professionals charged. Since that time I always prepare both our returns using
TurboTax.
Give
TurboTax a try. You'll be glad that you did.
(Your mileage may vary. I am not a legal professional do not take this recommendation as legal advice, etc.)