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

- Turbo Tax Warranty - Not
If ths following is your idea of good product support, then by all means, purchase Turbo Tax. While using the software, I had no idea that this limitation to Turbo Tax existed. As for me, my next purchase will be Tax Cut.

The only provision for claiming excess railroad retirement tax on Form 1040 is for tier 1 withholding. The excess can be derived from a combination of railroad employers or in connection with a railroad and non-railroad employer. The program does properly record the excess of the tier 1 tax on line 67 Form 1040 as a credit against income taxes. It does nothing with the tier 2 excess tax. This must claimed separately, as you noted in your email, on form 843 which is not supported by the Turbo Tax software.

The software's help does contain information regarding tier 1 and 2 railroad retirement withholding. The help clearly indicates that only tier 1 may be claimed as a credit against current year income taxes. It goes on to state, "You cannot claim a refund for excess tier 2 RRTA tax on Form 1040. Instead use Form 843."

Rating:

- TurboTax is still the best, hands down!
First off, I need to disclose that I worked with Mike Chipman (who designed and created TurboTax for his company called ChipSoft) to help him build his company - starting in the mid-1980s. I did the first comparative review of tax software for PC Magazine; and I picked TurboTax #1 way back then. And, what I have seen (I no longer work for the company producing TurboTax) is that each year TurboTax just keeps getting better and better.

From the very beginning, when TurboTax was one of the few tax prep packages that didn't have any problem printing to pin-fed pre-printed tax forms. Now a days, printing is a snap. Well, actually everything with TurboTax is close to effortless. The only "hard part" is digging out everything you need to "find the numbers" and info to "plug in."

The on-going question about tax software is "Yea, but can I really do taxes with my computer?" Oh, yea, you most certainly can ... and you should be.

Not long after TurboTax first hit the streets, we started hearing from people about how TurboTax kept them from making dumb mistakes and also how TurboTax helped them find additional deductions. One year we based the advertising campaign on "love letters" we got from people who used TurboTax to "double check" the work done by their accountants and CPAs. The bottom line (no pun intended) was that TurboTax found hundreds and thousands of dollars worth of additional or overlooked deductions that the tax preparers had completely missed. The key point here is that TurboTax won't let you miss anything. There is a "down side" to that in that the "interview" process of TurboTax does take some time. But, after you go through in and "plug in" the data, your taxes are pretty much done.

The final check for mistakes or missing information is flawless, too. TurboTax really does DO IT ALL.

I can't say enough good things about TurboTax. Over the years, my wife and I have tried other tax prep programs ... we always come back to TurboTax. This year I was lucky enough to participate in the beta testing process for this year's version of TurboTax ... I was even more impressed with the company, because they listened to ALL of the input we beta testers provided ... and that made the program even better. And, let me tell you, it is no picnic testing TurboTax ... they push you to try just about every feature (and rightly so), so you learn even more about just how great TurboTax is.

You can't go wrong with TurboTax ... after all this time, there still isn't a better tax prep package. Oh, yea, one other thing, next year when you do your taxes with TurboTax, it imports in all of the data from this year, so you don't have to worry about social security numbers and a whole bunch of other stuff. Also, TurboTax has tax planning built into it, so after you file your taxes, you can keep track of things (and changes in your financial situation with respect to tax consequences) right in TurboTax, too ... you can't beat this product. For anyone who thinks he or she has to pay someone to do you taxes, FORGET ABOUT IT. TurboTax is the only way to go!

If you still aren't convinced, go ahead and let someone else do your taxes. Then, buy a "close out" version of TurboTax in April or May. Then "run the numbers" to see if your tax preparer missed anything. Odds are, you'll want to file an amended tax return (which, you guess it, TurboTax can, indeed, help you with that, too!).

Bil. Alvernaz (bil@alvernaz.com)

Rating:

- Long time user
I have been using Turbotax since 1989. Back then the company was called ChipSoft and the program came on floppies!
Obviously I like the program.
Pros: Easy to use from year to year with importing features.
Can import data from your broker 1098/1099. (way cool!)
Can import w2 data (sometimes-I cannot as my employer does not support that)
Well organized.
Cons:
It can be hard to find specific special things to work on.
I have some odd rental stuff and the help for this is very poor.
The search to find special items is not good.
The only "help" seems to be excerpts from the IRS tax booklets.

Overall though I like it and have used it for years.
Considering that one of the big tax companies messed up my taxes the last time I used them and got me audited and was a mess. With TTAX I also got audited once but passed with a PERFECT score.

Rating:

- This Year's Turbo Tax Premier
As a longtime Turbo Tax user (as long as I can remember), I was not so sure when the De Luxe version was no longer good enough and I had to upgrade. I have been entering deductions and credits thus far, as well as income items or estimates of income, to try this version out and to get ahead of the rush next year. This year's version is better than ever, easier to use, and well designed for novice or experienced Intuit product users. Turbo Tax is still the best tax preparation software on the market, and it gets better and easier to use every year. For novices, the interview is comprehensive, guides you through the process, and is not too painful even if it asks the occasional "stupid question" as it looks for nuances of income or deduction. For the experienced "old-timer", it is easy to get to where you want to be, and you are still prompted to think of all of those income and expense items that matter. This is software that is worth what it charges (and don't forget it is tax deductible!) both in terms of ease of use and savings it will help you find. And the free link to "Its Deductible" is a nice additional feature.

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