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yet another Microsoft blogger

# Tuesday, January 03, 2006

TaxCut

Since 1999 I’ve done my taxes using TurboTax. I tried TaxCut one year (back in 2000 or so) and compared the results from both programs. TaxCut never asked me what I owed on my previous year’s state tax return, and as such never deducted it from my federal income. When I inquired about this via TaxCut tech support they informed that their software did not in fact support this “feature”. Holey smokes, I returned it for a refund in a jiffee.

Well 6 versions of TurboTax later I wonder if I am missing something. Well today in the mail I got a free shrinkwrapped copy of TaxCut. I guess I will try again this year and see if the software is any better. Clever folks, this is a good way to get me to try it.

Last year, I really appreciated the ability of TurboTax to automatically download my W2 from Microsoft. Saved my time and the possibility of making mistakes. I hope TaxCut can do this as well.

Posted Wednesday, January 04, 2006    Permalink    Comments [2]  View blog reactions

 

Wednesday, January 04, 2006 9:45:13 PM (Pacific Standard Time, UTC-08:00)
Another good way to try them out is to go to their Web sites -- they let you do your taxes for free online, and only pay when you actually go to submit it.
Saturday, January 07, 2006 4:25:28 AM (Pacific Standard Time, UTC-08:00)
I tried using Taxcut/turbotax one year (a few years ago) ... I looked at the results. I then did what I had been doing every year ... paying $200 to a GOOD accountant (not the H&R block quacks). The result? Over $700 in additional returns than taxcut/turbotax was able to find me.

So ... I always pay the accountant now. They are much better at identifying potential deducations.

Last year it was the difference between paying $400 and getting a $100 return.
Ellis
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