-

Jump to content



Sign up for a free account!

Signing up for an account is fast and free. As a member you can join in the conversation, enter contests and you won't get the popup ads that guests get. Click here to create your free account.

Photo
- - - - -

Tax Software (TT vs. TC)


This topic has been archived. This means that you cannot reply to this topic.
36 replies to this topic

#1 of 37 Dan M~

Dan M~

    Second Unit

  • 353 posts
  • Join Date: Nov 30 2000

Posted January 06 2004 - 11:07 PM

I've been using Turbo Tax for about 6 years. Last year Turbo Tax loaded alot of junk, spyware on my machine, so this year I may consider Tax Cut.

My ?'s,

Has Turbo Tax cleaned up their act this year??

Does Tax Cut import previous years data from Turbo Tax?

What do you recommend?

Thanks for the guidance.
-Dan M~

 

 


#2 of 37 Jim Tressler

Jim Tressler

    Stunt Coordinator

  • 210 posts
  • Join Date: Dec 12 2001

Posted January 06 2004 - 11:40 PM

Dan,

I am in the same boat as you.. From what I have seen - TT got rid of the crap (including that damn activation), but they still try to get you yo buy all kinds of their products while going through your return. I went to TC website and they state that they can import TT data - A friend of mine that does taxes on the side says last years version of TC imported TT data with no problems - so I would imagine this years is ok as well. Also for what it is worth he recomends TC over TT. Hope that helps.

jim

#3 of 37 Mike Voigt

Mike Voigt

    Supporting Actor

  • 806 posts
  • Join Date: Sep 30 1997

Posted January 06 2004 - 11:46 PM

For those reasons - spyware, etc. - I ended up using TaxCut last year, despite being a long-time (10+ years) user of TurboTax.

If TurboTax/Intuit indeed cleaned up their act, then I may reconsider going back to them. But I have to say tha TaxCut was very straightforward to use, just about as easy as TurboTax.

#4 of 37 Brett_H

Brett_H

    Second Unit

  • 345 posts
  • Join Date: Oct 03 2001

Posted January 07 2004 - 04:00 AM

Dan,

Thanks for asking this question, it's one I've been meaning to post for some time. If you don't mind, I'd like to pigyback on this thread with a few ?'s of my own:

I used TurboTax online two years ago and liked it, but my life was much simpler then (single, renting an apartment, etc). Now I'm married and we bought a house in April of this year, which will complicate things a bit. We went to an accountant last year who did an average job I guess, but we got RAPED since we'd just gotten married in 10/02, and it didn't feel any better to shell out $$ to some guy only to have him tell you to bend over... but I digress.

A few other random questions: can any of these packages play around too see if filing jointly/separately would be best, and if you should file separately can they do that or do you need to pay for the software twice to file separate returns?

Thanks!
-Brett.

#5 of 37 Patrick Sun

Patrick Sun

    Studio Mogul

  • 37,665 posts
  • Join Date: Jun 30 1999

Posted January 07 2004 - 05:31 AM

Just to add to the original question: I also moved away from Turbo Tax due to the spyware/etc/crap, and used Taxcut last year, and had no problem importing my previous returns from Turbo Tax, so I may just stick with Taxcut unless they didn't learn from Turbo Tax's mistakes last year and also get into the spyware/burner-disabling game.
"Jee-sus, it's like Iwo Jima out there" - Roger Sterling on "Mad Men"
Patcave | 2006 Films | 2007 Films | Flickr | Comic-Con 2012 | Dragon*Con 2012

#6 of 37 Mike LS

Mike LS

    Supporting Actor

  • 840 posts
  • Join Date: Jun 29 2000

Posted January 08 2004 - 01:14 AM

Brett,

TT is very easy to figure your return different ways. As for you now being married and having a mortgage....that really doesn't make things any more difficult. If you've used TT before and are comfortable doing your own return, it doesn't make much sense to pay an accountant to do it for you.

I even figure my wife's small business on our return and it's really not that complex at all. My return has gone from about 4 pages to about 20 in the last couple of years, but all the data entry is very straightforward.

#7 of 37 Brett_H

Brett_H

    Second Unit

  • 345 posts
  • Join Date: Oct 03 2001

Posted January 08 2004 - 05:40 AM

Mike,

Thanks for the reply. I wonder if TC lets you play around with filings in the same manner? The only reason is that TC often comes with a rebate for MS money, which I use instead of Quicken.

Thanks,
-Brett.

#8 of 37 Chris Hovanic

Chris Hovanic

    Supporting Actor

  • 545 posts
  • Join Date: Jan 03 2003

Posted January 08 2004 - 10:08 AM

I too switched to TC last year. Imported my TT info and was very easy to use and quite a bit less expensive than TT.

I dont recall if it is able to show you the diff. by filing different ways. I would think it does.
Chris Hovanic
"Go away or I'll replace you with a very small shell script!" :wink:

My DVD Collection
My Home Theater Pictures

#9 of 37 Brett_H

Brett_H

    Second Unit

  • 345 posts
  • Join Date: Oct 03 2001

Posted January 08 2004 - 01:25 PM

One thing I found... according to this page TurboTax is doing away with all the "activation" software they had last year:
Quote:
You told us that you want the flexibility to install and use TurboTax on multiple computers, and we heard you, loud and clear. We responded back in May by committing to remove the technology from TurboTax for 2003 and now, we've expanded our license agreement so you can use TurboTax fully on multiple computers to do returns for yourself and members of your household.


So, score one for TT this year.

-Brett.

#10 of 37 Dan M~

Dan M~

    Second Unit

  • 353 posts
  • Join Date: Nov 30 2000

Posted January 08 2004 - 11:18 PM

Thank you all for your help!Posted Image

I may give TT another chance.

To answer other questions, yes you can easily make changes to in TT (and I assume TC) to try various scenerios (Married filing jointly, married filing separate, etc.) Also I have used TT through many life changes (Job changes, marriage, new dependents, buying and selling of homes, etc) and it just gets easier as my life gets more complicated! TT will look at what you did in previous years and ask you appropriate questions... (i.e. losses on stock sales that can be written off in following years).

I highly recommend a tax software even if you have a pro do your taxes... I know of people that checked their paid tax accountant using TT and have found some errors (different ways of accounting?)in the pros work.

Thanks again everyone.
-Dan M~

 

 


#11 of 37 Rob Landolfi

Rob Landolfi

    Stunt Coordinator

  • 182 posts
  • Join Date: Feb 26 2002

Posted January 09 2004 - 01:45 AM

I even figure my wife's small business on our return and it's really not that complex at all. My return has gone from about 4 pages to about 20 in the last couple of years, but all the data entry is very straightforward.


Mike,

I think I could be in the position of having to do this for next year (Tax Year '04). For your situtation, did the interview catch this for you, or did you have to actively search for how to do this in the help menus? My wife is getting into a small, home-based business of her own, and I haven't had the time to go into my old program and look through their help section yet.

I've been a satisfied user of TaxCut since '97, and it will let you try different scenarios (married filing jointly/single) to see what works best for your situation. From memory, I think it does the married single/joint calculations without prompting and tells you how much you saved by doing one vs the other, including a summary screen shot of where the numbers came from.

My only difficulty has been with state taxes due to my being in the military, and this is not the program's fault. If you have a working spouse and you're not a resident of the state where you're stationed, you (may) have to override many of the federal income entries in the state return. If you're not claiming the same income for both federal and state returns you may have to do some manual calculations, and will have to mail in the return. No problem, and it's nice having all the forms and info handy as the State program can be usually had for free after buying the "Deluxe" version.
Rob

#12 of 37 Patrick Sun

Patrick Sun

    Studio Mogul

  • 37,665 posts
  • Join Date: Jun 30 1999

Posted January 11 2004 - 02:56 AM

Just chiming in with details on deals for Taxcut for this week:

If you like Taxcut tax prep software, I think this is a pretty good deal:

Staples has a package of software in this week's ad:

Taxcut Deluxe
MS Money 2004
H&R Deduction Pro
Taxcut State
eFiling

All for $19.99 after tax and MIR. The eFiling is worth $15, so I thought it was a good deal.

----------

Circuit City is offering Taxcut Deluxe and MS Money 2004 for Free after MIR (but you'll still need to buy Taxcut State and pay for eFiling).
"Jee-sus, it's like Iwo Jima out there" - Roger Sterling on "Mad Men"
Patcave | 2006 Films | 2007 Films | Flickr | Comic-Con 2012 | Dragon*Con 2012

#13 of 37 Ted Todorov

Ted Todorov

    Screenwriter

  • 2,865 posts
  • Join Date: Aug 17 2000

Posted January 15 2004 - 02:57 AM

I moved to TaxCut from TurboTax (formerly MacinTax) two years ago because they didn't support Mac OS X and TaxCut did. I am happy with TaxCut -- its user interface is on the ugly side, but I have never had any problems with it, and I had numerous problems with MacInTax messing up my NY State return. I will be sticking with TaxCut from now on.

Ted
Hold on tightly, let go lightly.
My Twitter page

#14 of 37 Brett_H

Brett_H

    Second Unit

  • 345 posts
  • Join Date: Oct 03 2001

Posted January 16 2004 - 01:56 AM

Patrick,

Quote:
Circuit City is offering Taxcut Deluxe and MS Money 2004 for Free after MIR (but you'll still need to buy Taxcut State and pay for eFiling).


I just picked this up yesterday, and it seemed like the best deal going. There's actually rebates in the TaxCut deluxe box for free state and e-filing as well, so after MIRs you should be able to get
TaxCut Deluxe (federal)
TaxCut State
e-filing
H&R Block DeductionPro
Money 2004 *Deluxe* (most other places only have standard)

Go
here for further details and links.

I skipped the "DeductionPro" because it didn't apply to me. My out the door cost for everything else (TC Fed & State, Money 2004) was around $85 with tax. All the needed rebate forms are in the TaxCut box, so hopefully it will all work when I send it in!

-Brett.

#15 of 37 Patrick Sun

Patrick Sun

    Studio Mogul

  • 37,665 posts
  • Join Date: Jun 30 1999

Posted January 16 2004 - 02:48 AM

After I posted my initial post, I also found out the details from the Circuit City deal and bought all of the Taxcut(fed/state)/Money2004 software that was free after rebate. I also skipped Deduction Pro.
"Jee-sus, it's like Iwo Jima out there" - Roger Sterling on "Mad Men"
Patcave | 2006 Films | 2007 Films | Flickr | Comic-Con 2012 | Dragon*Con 2012

#16 of 37 Paul_Fisher

Paul_Fisher

    Screenwriter

  • 1,220 posts
  • Join Date: Dec 27 2001

Posted January 16 2004 - 07:03 AM

Thanks for the deals guys, I'll be running to CC later today.Posted Image

#17 of 37 Brett_H

Brett_H

    Second Unit

  • 345 posts
  • Join Date: Oct 03 2001

Posted January 16 2004 - 08:51 AM

Paul,

You'd be well advised to call or check their web site first (you can sort of confirm stock if a store is listed as being able to have in-store pickup) because mine only had a few MS Moneys left yesterday afternoon, which they just got in the night before.

-Brett.

#18 of 37 Dave E H

Dave E H

    Supporting Actor

  • 829 posts
  • Join Date: Apr 23 2002

Posted January 19 2004 - 10:21 AM

I was a long-time Turbo Tax user until last year's C-dilla fiasco. I boycotted them and went to Taxcut. It worked out well for me - very easy to use and the import was so straight forward.

Even though the boycott worked of turbo tax (they took all the stuff out in this year's edition) I'd go with Taxcut this year. As it stands, I'm going to go the accountant route as my taxes are rather complx this year.

#19 of 37 BrettB

BrettB

    Producer

  • 3,024 posts
  • Join Date: Feb 01 2001

Posted March 11 2005 - 01:27 PM

I've never used tax prep. software but I'm ready to try. Is everyone still recommending TaxCut? This years TurboTax was getting hammered over at Amazon.

#20 of 37 Nathan_F

Nathan_F

    Second Unit

  • 257 posts
  • Join Date: Feb 06 2001
  • Real Name:Nathan
  • LocationFishers, IN

Posted March 12 2005 - 01:08 AM

I switched from TT to TC in the big activation scandal a couple of years back. I've been happy with TC ever since.





Forum Nav Content I Follow