E90Post
 


Extreme Power House
 
BMW 3-Series (E90 E92) Forum > BIMMERPOST Universal Forums > Off-Topic Discussions Board > Turbo Tax



Reply
 
Thread Tools Search this Thread
      01-29-2013, 03:07 PM   #1
FwdFtl
Volcano Knuckles
 
Drives: E60
Join Date: Aug 2011
Location: Cali

Posts: 253
iTrader: (0)

Turbo Tax

Has anyone used this?

I usually go to my preparer but I tried Turbo Tax without actually submitting anything and it seemed legit.

They show you your audit risk at the end and state that they use over 350 calculators to determine the deductions, contributions, etc...
FwdFtl is offline   United_States
0
Reply With Quote
      01-29-2013, 03:19 PM   #2
Draven
Top Droppin'
 
Draven's Avatar
 
Drives: '10 e93
Join Date: Apr 2009
Location: Merrimack, NH

Posts: 125
iTrader: (0)

Been using it for 4 years. They import my data from last year, they import my trading account data (worth it for this feature only so I don't have any issues figuring out dividend types, etc), and I just plug in my other stuff. Super easy, I get it done in an hour or two.
Draven is offline  
0
Reply With Quote
      01-29-2013, 03:29 PM   #3
Templar
Lieutenant Colonel
 
Templar's Avatar
 
Drives: 2011 E92 M3
Join Date: Feb 2009
Location: One of the coasts...

Posts: 1,817
iTrader: (1)

Garage List
2011 BMW M3  [5.00]
I always use the H&R Block at home online filing thing. They let you do it for free if you're active duty military so that's why I choose them. I've been doing it for almost 5 years now and no issues at all, no audits or anything.
__________________
'11 BMW E92 ///M3 - ZCP and DCT
'13 Toyota Tundra - 4x4 Platinum CrewMax, 5.7l iForce V8
Templar is offline   United_States
0
Reply With Quote
      01-29-2013, 03:47 PM   #4
upstatedoc
Drone Expert
 
upstatedoc's Avatar
 
Drives: '09 BMW 328ix
Join Date: Dec 2009
Location: NY

Posts: 1,503
iTrader: (1)

we've been using TT for years with no problems until last year when we owed a substantial amount to the IRS.

I think it was because my wife claimed the same deductions as I had (I didn't know till it was too late) but I can't be sure cause I'm not an accountant dude.

So this year I am going to have a friend accountant do our taxes and have him review last years return. If he comes up with the same figures we will probably go back to TT.
__________________
2014 Dodge Durango R/T //Diablosports Tuning
2009 E90 N51 /Active Autowerke Stage 2 tune/BMW Performance Exhaust/
1993 Honda Nighthawk 750
Countermeasure enthusiast.
upstatedoc is offline  
0
Reply With Quote
      01-29-2013, 03:51 PM   #5
FwdFtl
Volcano Knuckles
 
Drives: E60
Join Date: Aug 2011
Location: Cali

Posts: 253
iTrader: (0)

Quote:
Originally Posted by Draven View Post
Been using it for 4 years. They import my data from last year, they import my trading account data (worth it for this feature only so I don't have any issues figuring out dividend types, etc), and I just plug in my other stuff. Super easy, I get it done in an hour or two.
Yea I noticed the option to import data. That's a very nice feature!

Quote:
Originally Posted by upstatedoc View Post
we've been using TT for years with no problems until last year when we owed a substantial amount to the IRS.

I think it was because my wife claimed the same deductions as I had (I didn't know till it was too late) but I can't be sure cause I'm not an accountant dude.

So this year I am going to have a friend accountant do our taxes and have him review last years return. If he comes up with the same figures we will probably go back to TT.
I actually plan on doing the same thing as you, well similar. If the figures from my CPA are pretty close to TT, I'll try out TT instead for future ease of use.
FwdFtl is offline   United_States
0
Reply With Quote
      01-29-2013, 05:05 PM   #6
SilverII
Colonel
 
Drives: '11 335IS
Join Date: Jun 2010
Location: DFW

Posts: 2,336
iTrader: (0)

Garage List
2011 BMW 335IS  [4.83]
TT user of 5 years... like it. it works
SilverII is offline   United_States
0
Reply With Quote
      01-29-2013, 05:08 PM   #7
Maestro
Captain
 
Drives: 2007 335i Sedan
Join Date: Nov 2006
Location: Philadelphia

Posts: 873
iTrader: (0)

I have been using Turbo Tax for 10 yrs and I have some pretty complicated returns some years and TT has never screwed me. I know people who use tax break and H&R software and had issue especially with stocks. It seem like many companies today are offering online tax return for free, you have to ask, how can they do it for free and how are they making money, probably selling your information. Plus you just put your SS and other important tax information online where those smart hackers could probably get access to it.

I tell people do not post your personal information especially tax information online. Why, when real thieve break into your home and steal your stuff one thing they try and find is old tax returns, then sell that information to identity thieves, since everything they need is contain in your tax return.

Be smart and protect your information
Maestro is offline  
0
Reply With Quote
      01-29-2013, 05:57 PM   #8
Bimmer84
Guardian of the Night
 
Bimmer84's Avatar
 
Drives: 2010 335i M Sport Coupe
Join Date: Oct 2010
Location: San Antonio

Posts: 1,826
iTrader: (5)

Garage List
2010 335i E92  [3.75]
I use TaxSlayer.com.... Same concept I am sure, but free military filing.
__________________
2010 335i M Sport Coupe -- Black Sapphire Metallic|Coral Red|Loaded|JB4 Stage 3|BMS DCI|VRSF DPs|Camaross 6k AE|Performance Gloss Black Grilles|CF Performance Spoiler|CF Quad Diffuser|Double Layer Black Chrome Quad Tips|CF Roundels|Smoked Reflectors|Red Cyba Scoops|193s Painted Lamborghini Metallic Dark Gray
Bimmer84 is offline   United_States
0
Reply With Quote
      01-29-2013, 06:20 PM   #9
Busa1
Private First Class
 
Busa1's Avatar
 
Drives: 2014 435i xDrive M-Sport
Join Date: Feb 2011
Location: Long Island, NY

Posts: 178
iTrader: (2)

I have used H&R Block the last couple of years. It's very simple to do.
Busa1 is offline  
0
Reply With Quote
      01-29-2013, 07:22 PM   #10
treytreyfeva
Puro Pinche Party!
 
treytreyfeva's Avatar
 
Drives: 2007 E90 335i TiAG
Join Date: Mar 2007
Location: SFV818

Posts: 133
iTrader: (1)

I work for Intuit, the maker of TT. For those that have not filed yet, you can get a 20% discount on TT for friends and family. Enjoy

http://turbotax.intuit.com/affiliate/intuitrefer
treytreyfeva is offline   United_States
0
Reply With Quote
      01-29-2013, 07:30 PM   #11
treytreyfeva
Puro Pinche Party!
 
treytreyfeva's Avatar
 
Drives: 2007 E90 335i TiAG
Join Date: Mar 2007
Location: SFV818

Posts: 133
iTrader: (1)

For any accountants out there who file multiple returns, Intuit Tax Online is letting folks e-file 9 returns for just $99 ($170.55 savings). Visit our website by Feb 1 to get the full details

http://bit.ly/VLf1TC.
treytreyfeva is offline   United_States
0
Reply With Quote
      01-29-2013, 10:03 PM   #12
ZDDP1273
Private First Class
 
Drives: 11 E90 335i M Sport LeMansBlue
Join Date: Feb 2011
Location: Cali

Posts: 199
iTrader: (0)

I've been using it for the last couple of years. No complaints here! I'd recommend it.
ZDDP1273 is offline   United_States
0
Reply With Quote
      01-30-2013, 12:00 AM   #13
Nkc
Captain
 
Nkc's Avatar
 
Drives: E89-Z4 35i, E36-MZ3, E82 1M
Join Date: Oct 2011
Location: Vancouver/Hong Kong

Posts: 648
iTrader: (0)

shit I thought they were gonna start taxing turbo cars.
__________________
E89 Z4-35i DCT --- E36-Z3 M-Roadster --- E82-1M
Current BMW's
Nkc is online now  
0
Reply With Quote
      01-30-2013, 01:17 AM   #14
DSB335d
Lieutenant
 
Drives: '11 335d DSB/oyster&black/navi
Join Date: Dec 2011
Location: West palm beach

Posts: 545
iTrader: (0)

Been using turbo tax for 5yrs. I like it.
DSB335d is offline  
0
Reply With Quote
      01-30-2013, 11:41 AM   #15
FwdFtl
Volcano Knuckles
 
Drives: E60
Join Date: Aug 2011
Location: Cali

Posts: 253
iTrader: (0)

Quote:
Originally Posted by treytreyfeva View Post
I work for Intuit, the maker of TT. For those that have not filed yet, you can get a 20% discount on TT for friends and family. Enjoy

http://turbotax.intuit.com/affiliate/intuitrefer
but why would you do this for us? We have done nothing for you
FwdFtl is offline   United_States
0
Reply With Quote
      01-30-2013, 01:44 PM   #16
Inspired
Colonel
 
Inspired's Avatar
 
Drives: 335i
Join Date: Dec 2007
Location: California

Posts: 2,253
iTrader: (2)

how much does turbo tax cost?
Inspired is offline  
0
Reply With Quote
      01-30-2013, 01:54 PM   #17
MidwestGolfBum
Knower of all Things Useless
 
MidwestGolfBum's Avatar
 
Drives: Space Grey E92s
Join Date: Jan 2011
Location: No Coast

Posts: 256
iTrader: (0)

I have used it in the past, and it was always close enough to what my accountant would get that there was no point to pay for the accountant to prepare them for me. Once I started my business, and taxes flow through to me, it has become easier to just let my accountant deal with everything again. TT worked great when I was using it though, and should my situation ever change, I would happily go back.
MidwestGolfBum is offline   United_States
0
Reply With Quote
      01-30-2013, 02:53 PM   #18
upstatedoc
Drone Expert
 
upstatedoc's Avatar
 
Drives: '09 BMW 328ix
Join Date: Dec 2009
Location: NY

Posts: 1,503
iTrader: (1)

Quote:
Originally Posted by Inspired View Post
how much does turbo tax cost?
there are different versions, basic, deluxe, business. $50-70 if i remember. we always used my father in laws version so i never bought it myself.
__________________
2014 Dodge Durango R/T //Diablosports Tuning
2009 E90 N51 /Active Autowerke Stage 2 tune/BMW Performance Exhaust/
1993 Honda Nighthawk 750
Countermeasure enthusiast.
upstatedoc is offline  
0
Reply With Quote
      01-30-2013, 02:55 PM   #19
cipher5
 
cipher5's Avatar
 
Drives: 2011 535xi Sedan
Join Date: Jul 2007
Location: Chicago, IL

Posts: 2,791
iTrader: (10)

Been using TT for years and TTOnline for the last few years. No problems, love it.
cipher5 is offline   United_States
0
Reply With Quote
      01-30-2013, 05:52 PM   #20
DSB335d
Lieutenant
 
Drives: '11 335d DSB/oyster&black/navi
Join Date: Dec 2011
Location: West palm beach

Posts: 545
iTrader: (0)

Quote:
Originally Posted by Inspired
how much does turbo tax cost?
$0-$150 there is free online federal e-file to business software you can install. Many options in between.
DSB335d is offline  
0
Reply With Quote
      01-30-2013, 06:12 PM   #21
Litos
Banned
 
Drives: 2012 Challenger RT Junk
Join Date: Dec 2010
Location: Houston/Pearland

Posts: 2,900
iTrader: (1)

i hate doing my taxes.....

fuck Turbo Tax, fuck H&R Block and fuck the IRS....
Litos is offline   United_States
0
Reply With Quote
      01-30-2013, 06:39 PM   #22
FwdFtl
Volcano Knuckles
 
Drives: E60
Join Date: Aug 2011
Location: Cali

Posts: 253
iTrader: (0)

Quote:
Originally Posted by Litos View Post
i hate doing my taxes.....

fuck Turbo Tax, fuck H&R Block and fuck the IRS....
*drops the mic and kicks a chair into the audience*
FwdFtl is offline   United_States
0
Reply With Quote
Reply

Bookmarks

Thread Tools Search this Thread
Search this Thread:

Advanced Search

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

BB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Forum Jump


All times are GMT -5. The time now is 06:53 AM.




e90post
Powered by vBulletin® Version 3.7.0
Copyright ©2000 - 2014, Jelsoft Enterprises Ltd.
1Addicts.com, BIMMERPOST.com, E90Post.com, F30Post.com, M3Post.com, ZPost.com, 5Post.com, 6Post.com, 7Post.com, XBimmers.com logo and trademark are properties of BIMMERPOST