Turbotax reddit.

Many things can lesson the taxable gain (basis adjustments, costs to sell, etc) CPA would know the partial gain exclusions. Where you can reduce the gain by a certain amount, if under 2 years, depending on different circumstances. I did exactly this many years ago (used Turbo Tax and a CPA.) For three consecutive years the CPA beat Turbo Tax by ...

Turbotax reddit. Things To Know About Turbotax reddit.

Thats it. Just some advice with Turbotax. Do not use the option to deduct your refund to pay for filing. Turbotax charges a significant fee to do this. This should have been presented …It appears that their 1099-B forms may not be complete and I'm not sure what to do. It’s simple to enter using TurboTax. Searching for section 1256 contracts in TurboTax before you get started should be helpful. You can enter your 1099-B under Federal Taxes > Wages and Income > Investment Income > Select Contracts and Straddles.A user asks for advice on whether to use Turbotax for their taxes, and gets various opinions and suggestions from other users. Some users praise Turbotax for its ease and features, …There’s more to life than what meets the eye. Nobody knows exactly what happens after you die, but there are a lot of theories. On Reddit, people shared supposed past-life memories...Last year, there were all sorts of issues with TurboTax Refund Advance, but it surely went fine for some less vocal group of people. Let's see how it all shook down! Reply with any experience that you wish to share! Closed• total votes. It was awful and I will never Refund Advance again!

Jan 9, 2023 ... FREETAXUSA! I really wish people would stop being suckered into using Turbo Tax and all Intuit products. I don't understand how millions of ...1postDaily. • 11 days ago. This year, the year 2024 filing for last year, TurboTax charged me 300 dollars for a 1100 dollars tax return refund. It is odd because I did all the work in preparing the paperwork for my taxe; yet, I am charged so much for doing my own taxes. I would understand only taking 80 dollars for using the services to do ...

From what little info I've been able to find online and through their own help, the full service was going to end up costing me nearly as much as using a local CPA ($500-$750). The CPA handles the audit, if it was to happen -- TurboTax has done away with usable audit assistance. I'm definitely skipping their full service and attempting to do it ... KJ6BWB. •. now since turbotax doesn't participate in the free file program anymore. Intuit owns TurboTax. They also own Cash App Tax (formerly credit karma). Cash App Tax is completely free in all ways. They'll probably start charging for it in the future but this year it's the best completely-free tax software that I've found.

A user asks for advice on whether to use Turbotax for their taxes, and gets various opinions and suggestions from other users. Some users praise Turbotax for its ease and features, while others criticize it for its cost and deceptive practices. I'm trying to do my own taxes thru TurboTax, there's just something I'm confused about. In my box 14 it lists 4 different categories. UI/WF/SWF. DI. FLI. NJFLI. each has a different amount. I don't see a drop down category for "FLI" and since that has a different dollar amount than NJFLI I'm a bit stumped on how to enter this.Jan 26, 2024 ... If you are eligible for the free offer, you can access it through the tile on your Portfolio Summary page of Fidelity.com. If you are ...Jun 6, 2023 · TurboTax is the market leader in tax preparation but comes with a premium price. ... The first place I saw serious recommendations of TaxSlayer was on a personal-finance forum on Reddit. Several ...

Reddit is a popular social media platform that has gained immense popularity over the years. With millions of active users, it is an excellent platform for promoting your website a...

PC World's putting tax prep software through its paces; yesterday it was desktop software and today it's web-based tax prep apps, and TurboTax comes out on top. PC World's putting ...

Jan 9, 2023 ... FREETAXUSA! I really wish people would stop being suckered into using Turbo Tax and all Intuit products. I don't understand how millions of ...Turbo Tax is probably waiting for the form 8936 instructions to get posted before it allows users to file their taxes with that form. ... Reddit's home for tax geeks and taxpayers! News, discussion, policy, and law relating to any tax - U.S. and International, Federal, State, or local. The IRS is experiencing significant and extended delays in ...PicklesMcG33. YSK that Turbotax isn't going to be free this year. Finance. Intuit, the parent company of Turbotax is no longer participating in the Free File Alliance, meaning if you use Turbotax to do your taxes, it's not going to be free this year. Here is a link to the IRS' website about free file, it opens up tomorrow. TurboTax is a scam! Stay away! E-filed 2020 via Turbo Tax. Said both state and feds rejected my returns. Already paid my taxes via debit card. TurboTax said they can't give me copies of my return. They took my efile $$ too and won't return it. When I tried to post about it on FB, FB shut down the post. mjrengaw. • 1 yr. ago. .tax files are TurboTax files. You need to use TT to open them. Whenever you use TT to complete your taxes you should save the completed return as a PDF file and store it locally. Ideally you should save 4 PDF’s, 2 for state and 2 for fed - 2 complete with all forms, schedules, and calculations and 1 that is just the ...

Turbo tax doesn’t auto generate the tax form 8606 just because you input your conversion. My taxes shot up by $5K on TT. I went to H&R Block because I couldn’t get TT to generate the form 8606 for me even following their troubleshooting steps and looking on the forums.If you are eligible to claim your TABOR refund, you must file a 2023 DR 0104 by April 15, 2024. Eligibility rules include: Being at least 18 years old when the tax year …Sort by: blue_jay26. • 13 days ago. For single member LLCs, I believe you don’t need TurboTax business. mjrengaw. • 13 days ago. Also IMO if you can, use the dl PC/MAC version not the online version. You can get it at various places (Amazon, Costco, etc) for well below what TT itself charges. IamoneofScottsTots.If you are eligible to claim your TABOR refund, you must file a 2023 DR 0104 by April 15, 2024. Eligibility rules include: Being at least 18 years old when the tax year …Federal is free and state is like $13. Freetaxusa. Switched to them after using TurboTax for years. Seamless transition last tax season. If you make less than $69,000 you can use the IRS Free File program. Credit Karma let's you file free if you have a free account with them. You may find our Taxes wiki helpful.

If you advance to the “review” portion, then keep pressing continue until you get to the screen that gives details on income and credits, you can see what’s going on. For desktop, switch to forms view in the upper right corner and flip to your 1040. You can do a basic comparison between the two. The other option is that there’s an entry ...

And you'll likely be able to import your 1099-B and 1099-MISC (with entries in boxes 8 or 10) by February 15, 2023. If your brokerage issues a consolidated tax statement with several types of 1099s, which is common, you might not be able to import any of your 1099s until February 15, 2023. However, this isn't a guarantee. Feb 1, 2023 ... Refunds aren't supposed to be issued until Friday. Anyone who's already got it likely got an early advance from their tax preparer.A personal-finance blogger reviews and compares TurboTax and TaxSlayer, two popular online tax-preparation software. He finds TurboTax to be more user-friendly … true, but if you file by paper it could take months/years for the irs to process your return. they are still working through the backlog of paper returns from the 2020 tax year. And it's only free if you make less than 50k, at least that's the way it was last year. That was the Free File program that Intuit left. Investments, rentals, etc. no problem. I tip when I'm done instead of paying for TurboTax and their stupid restrictions. I use Studio Tax. $15 per year for a license, and you can file up to 20 returns. No cloud involved as everything is stored locally. Baffled people still use TurboTax in 2023-2024. ADMIN MOD. Please don’t use Turbo Tax! Informative. For the best summary of why, watch Patriot Act volume 6, episode 8. In short, they have intentionally misled and profited off taxpayers. They have been a huge part of the gutting of the IRS, who should be going after the billions of tax dollars evaded by the 1%, but are instead going after ...

Users share their opinions and experiences on TurboTax, a popular tax preparation software. Some suggest other options that are cheaper, simpler, or more reliable, and provide links and tips for free or low-cost services.

I've always used the online version of TurboTax to do my personal taxes without issue, but this recommended answer on Intuit's help forum got me thinking, hence my question. Update #1 (2/10/18): The IRS itself has a Virtual Workshop devoted to this topic. Update #2 (2/14/18): It was easy-peasy to do using TurboTax Small Business.

TurboTax is one of the most popular tax preparation software products available today. It is designed to make filing taxes easier, faster, and more accurate. This step-by-step guid...PC World's putting tax prep software through its paces; yesterday it was desktop software and today it's web-based tax prep apps, and TurboTax comes out on top. PC World's putting ...Paying and preparing taxes in person is no longer something that people are forced to do, thanks to the abundant online tax-prep options out there. Today’s tax season may still fee...Feb 21, 2024 ... Once finished the notification went away and the account said “Verification Complete: your return is being processed and could take up to 9 ...I used to work in TurboTax support and this is incorrect. If using the free edition, efiling is free. If using a paid edition, and you pay with your return, it’s an extra $40 processing fee on top of what the cost of the deluxe, premium, etc editions cost.The price for that starts at $169 and tops out out at $359 with TurboTax, while H&R Block's full-service options have open-ended pricing, starting at $89 for a federal return. If you opt to have H ...Mar 7, 2024 · TurboTax remains the industry leader, topping our list of the best tax software for 2024. Clint Branch/CNET; TurboTax. The online tax preparation service is a great choice for most people, but ... Tax software walks you through your taxes pretty well and it is really not that hard to do. It takes me about 2 hours to enter everything in turbo tax. If you have 3 jobs, a side gig, inherited retirement accounts, capital gains from selling stocks, gambling losses, have a rental house, AND you got divorced and also adopted a kid - sure, go pay ...TurboTax is a software package that helps you file your taxes. It is one of the most popular tax programs available, and for a good reason. It is easy to use and can help you get y...TurboTax makes tax filing easy by walking you through the process with interview-style questions and lots of plain-language definitions and explanations. Cons. …cricut07. •. Filed today applied for advance and received message that I was pre approved and showed amount in parentheses it stated (this is not a final approval). around 9:30am received email from credit karma stating I had a deposit and received text from turbo at 11:45 am that my taxes were accepted.

FreeTaxUSA and TaxAct are popular (there's an American Express offer floating around for a TaxAct discount, if you have an Amex credit card) Former TurboTax user, current FreeTaxUSA.com user. Very comparable products, easy to use. $13 total gets your federal and state filed on FreeTaxUSA. Generally if you are selling stock, you need premier. Nutso1988. It's still free. On the left side click tax tools then click clear and start over. Then when prompted choose to file using the free version. And remember The IRS said Monday it would start accepting 2021 federal tax returns on Monday, January 24. FivePointsinKC.I noticed Pay1040 charges 1.87% fee for using their services to pay IRS. So this is a no brainer. I get to keep my money in my savings for another month and I make .13%. It's not much, but it's something. But when I went to pay using turbo tax, it was going to charge me 2.49% to use the credit card! Going through Turbo tax means higher credit ...Instagram:https://instagram. beacon 23 bookdisney ride haunted mansionwhere can i get a house key madedynamite comics After IRS acceptance the credit karma advance logo disappeared from the turbo tax page Hope this helps. Existing-Parsnip1545. • 1 yr. ago. E-filed with turbo tax 1/27/2023 @ 4:48EST Accepted by IRS 1/27/2023 @4:49EST Received my advance of $1,000 to Credit Karma @4:50EST. W4NDERINGWI2ARD. card games for 3 peoplehow to use wordpress Live Tax Expert - Onboarding and Questions. Hello, I just accepted a position as a turbo tax live expert. I am excited for this side hustle as an opportunity. I just had a couple of questions about the day to day work life balance of the tax expert. Is the work research or is it mostly easy going 20 hours a week minimum helping out customers? Very easy and reliable. I've used TurboTax (over a decade ago), TaxAct, and H&R Block. They're all about the same. Recently landed on H&R because the other two have been jacking up their prices. In any case shop around on Amazon, Newegg, Office Depot, etc and you can usually get any of these for a better price. princess lover anime Turbotax AT MINIMUM costs $89 for federal (which is free on freetaxusa), and $39 for state (which is $15 on freetaxusa), and if you have any investments or other extras to your taxes, you have to upgrade to some bullshit extra level in Turbotax so filing usually costs between $150 and $200. Don't do it. Turbotax is a trap. That's all.Used to work for Intuit Turbotax briefly as a tax advisor some years ago. It was hiring to replace almost the entire Tax Experts dept. ~93% turnover at that time. Can't forget a number like that. Training was OK as you worked remotely and lasted about 2 weeks or so, back then. The trainer was very nice and patient. Should rename to Turbotax FULL OF SHIT SERVICE. The so called experts did not respond to my questions , called customer service and they cannot help total waste of time - they lie and evetually just hang up on you. The experts are hiding in the basement and cannot be reached. Overall - Turbotax is the best case of a company with the worst ...