Domain Name Com's Software TurboTax Premier Federal + State 2007

Software TurboTax Premier Federal + State 2007

Domain Name Com's - Software : TurboTax Premier Federal + State 2007

- Cheaper than an accountant
I've used TurboTax for several years now and find it fairly easy to use. I chose Premier this year due to a lot of stock option and investment activity, and have not been disappointed.

Rating:

- Very easy to use
I've been using TurboTax for years (on Mac) and it's VERY easy to use. Doing my taxes just takes an hour or two with no accountant or other help. After you use it a year or two, it grabs most of the data from your previous returns. Also it goes online to get data from your brokerage, your W-2. Very quick. This year I bought Premier because it was advertised as applying to stocks and so forth - but it turned out to be unnecessary. Unless you are running a lot of rental properties, the less expensive Deluxe version would have done everything I needed including stocks, home office, etc.

Rating:

- Makes doing taxes easy
I had fairly complicated taxes this year and was I was able to do my taxes very easily by following the step by step instructions.

Rating:

- Losing Confidence In Turbotax Accuracy
After my experience doing taxes list year, I have lost a lot of confidence in Turbotax.
I initially attempted to do my taxes a couple of weeks ago. One big thing I had to enter this year was the sale of a mutual fund accumulated in many small lots. It was impossible to enter the information manually (Turbotax had limited the purchases to at most 50 entries and gave no option for entering just an average cost basis). I then tried to import the information from Quicken -> unfortunately any attempt to then try and modify the data would corrupt it. How could they mess up such basic features? I understand that tax laws change but basic capital gains entry does not!
I sent feedback on 26th January and the issue appears to have been fixed on the 30th January (i.e. Quicken import is no longer getting corrupted for stock/mutual fund sale information).
[...]
I will probably need to buy TaxCut just to "verify" the TurboTax numbers. If I find TaxCut to be better, I won't be buying TurboTax again.

Rating:

- Dissapointing
First let me say I have used TurboTax for at least 6 years and probably will again next year. I stepped up to Premier this year as I unfortunately got involved in a couple of rental projects and thought Premier would help me make decisions on my "business". While there is some guidance, there is more, "you should upgrade to TT Home & Business" for I don't know some $3X.XX dollars more. I also have a bone to pick with TT about my daughters 2007 return. She worked 6 mos. in Alaska this year and had 2 states to tie in with her Fed return. Well 1 Free state download is all that is included and it's $39.00 to download another state. I don't think so, so fair enuf, we thought we'd just get the necessary state forms and make the changes on the lines in TT for her state return. No can do. You cannot access the state forms in TT and change any of the #'s and attach your own forms. You can only change information through the interview process and they don't allow you to input information for another state or form unless you buy the other state product from TT and allow them to do it for you. Yeah right I'd have over $125.00 into TT if I did it their way. It's back to TT basic for me next year.

Update 2/20/2008.... After finishing my daughters taxes a couple of days ago, manually for the state, and checking for updates we sent it off to the IRS. OK. Started to work on my son's return tonight, checked for updates and surprise 5 NEW UPDATES!!!! Say What? I've already filed the other return. What do I have to do wait till April 15th to file? Every year it is something new with TT.

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