Tax Return
Apr 6, 2021 07:25:26 #
Apr 6, 2021 07:32:00 #
Triple G wrote:
We used TurboTax and it worked fine. We got our return deposited today which is about one week from submission. No complaints with that.
Fed not due until 5/17.
Apr 6, 2021 08:00:59 #
I'm glad mine is simple enough that I can do it myself with no tax software. One year mine was a bit more complicated because of the sale of a farm and H&R Block and Jackson Hewitt both told me I had to pay income tax on the full amount of my IRA RMD. I knew that was bs because a portion of it is nontaxable. I went to someone else who filled out only the part that included the sale of the farm and he left form 8606 for me to do. For last year I cashed in a college prepaid tuition plan that was not going to be used and naturally the interest received was income plus I had to pay a 10% penalty on the interest earned causing a tax liability of an extra $1,818. But in the future I will have no income from out of the ordinary sources so filing taxes should remain quite simple.
Apr 6, 2021 08:04:23 #
Apr 6, 2021 08:08:38 #
gwong1 wrote:
Same here. Have been using it when it was Tax Cut. I still have the Tax Cut programs (apps?) on 3½ inch floppies. I have an external floppy drive. Wonder if the program (app?) would still work in Win10. Probably not.Jerry, I have used HR Block for years, even before it was HR Block. I did not have any issues with this years version,
Apr 6, 2021 08:11:34 #
In a former life I was a Tax Accountant.
For personal and family taxes I have happily used the PC version of Turbo Tax for 15 years.
This year I had to use the on-line version (still using Win 7) and it was a complete kludge.
I won't detail all the issues, but I won't use it again.
For personal and family taxes I have happily used the PC version of Turbo Tax for 15 years.
This year I had to use the on-line version (still using Win 7) and it was a complete kludge.
I won't detail all the issues, but I won't use it again.
Apr 6, 2021 08:16:28 #
Linda From Maine wrote:
I've been using H&R Block since I worked there as a tax preparer for 10 years when living in California and again for 3 years here in Nevada. I've been using FreeTaxUSA for at least six years. Love it! But I have nothing complex to deal with, and no state income tax.
btw, I've been in the first groups to receive the three covid-related stimulus payments each time. It is direct-deposited to the same credit union where I have the tax refund assigned.
btw, I've been in the first groups to receive the three covid-related stimulus payments each time. It is direct-deposited to the same credit union where I have the tax refund assigned.
Same here - nothing complex and no state income tax.
BTW, I received the latest stimulus payment with my tax refund that was direct deposited.
Apr 6, 2021 08:18:11 #
cdayton wrote:
Fed not due until 5/17.
True, but why wait if the government has a refund for you? I try to manage that our tax return is close to $0, but I had some inherited distributions that were over taxed. Why let the government hold it any longer than necessary?
Apr 6, 2021 08:24:11 #
tcthome
Loc: NJ
Triple G wrote:
We used TurboTax and it worked fine. We got our return deposited today which is about one week from submission. No complaints with that.
Always worked fine for me 2.Apr 6, 2021 08:29:21 #
tcthome
Loc: NJ
I use to go to H&R. IMHO, they got to expensive. As I near the end of my mortgage, not enough to deduct so I do the standard EZ. H&R wants $150 for 10 minutes of work. I use Turbo Tax. Even when doing the long form with lots of deductions. Not in circles but it takes a little while. Works great & much cheaper.
Apr 6, 2021 08:35:24 #
jerryc41 wrote:
I wouldn't know where to begin with paper forms again. I guess the PO has them, but NY requires electronic filing.
I'm with ya on this. I used to do my own when I had a single salary, no investments, didn't own a home, etc. Now in retirement, I have half a dozen accounts, a stock portfolio, a home, multiple incomes, etc. and I would be brain dead by the time I read (and tried to understand) all the hard copy IRS guidance documents and forms. My wife was a book keeper but even she gave it up and we now have an accountant. We pay her a couple hundred dollars but she never fails to get us several thousand dollars in refund. And yes, electronic filing that almost immediately (by government standards) gets our refund deposited as it did with the stimulus checks.
Apr 6, 2021 08:45:19 #
nicelifter
Loc: erie,pa
i used h&r block for the last few yrs while i was working but now that im retired its getting to be too expensive ..when i went in this last time i figured it cost me 25 bucks a min to have them done .i only have two incomes and about 60 bucks in interest to claim .i made less then 30 grand so it didnt take them more then 10 mins to file most of the time was them just chatting with me ..i had nothing to claim
Apr 6, 2021 08:51:05 #
I worked with H&R Block for 41 years. I use TurboTax. I simply liked the ability to establish my own workflow in TT, rather than be led through the H&R process. "To each his own"--said the old lady as she kissed the cow.
Apr 6, 2021 09:33:55 #
jerryc41 wrote:
I just got my tax returns done and sent in. Yeste... (show quote)
Jerry ---
I've never used TurboTax, so cannot comment about it. Some years ago, when I had an income - and needed to file tax returns - I used Tax Act. I found it easy to use, and it produced good results for my simple requirements. I haven't filed for years, so don't know about the current version.
Loren - in Beautiful Baguio city
Apr 6, 2021 11:03:41 #
I used TurboTax for years until they stopped making a version for my Mac OS (High Sierra). This year I got H&R and was greatly dismayed by its lousy performance. It was especially poor with the State income tax return and nothing for property tax refund returm.
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