Quote:
Originally Posted by retiredguy123
Actually TurboTax does more than that. It asks you simple questions, and then selects the needed forms from over 800 IRS forms, fills them out, and prepares a complete tax return. And, I believe that the TurboTax database has more complete and accurate tax knowledge than most tax advisors and CPAs.
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I have found several errors / buttons to click not working, its not perfect.
I had a Turbo tax guy on the phone for 90 minutes trying to get it to work properly.
Finally we agreed to do it a certain way, although that way didn't seem to follow the stated steps and numbers.
Also, it doesn't handle several to many K1s very well from public market investment type trusts.
but unless you have a business, TT should do everything needed for most tax returns.
The interface is a bit clunky in my opinion, way to many repeat questions to answer to make a change when you enter something wrong.