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Have you used TurboTax for this type of tax return? How complex was your return when you used it?
by maguay 16y ago
Have you used TurboTax for this type of tax return? How complex was your return when you used it?
- fliph 16y agoI've used TurboTax for my return for the last five (?) years; I have a full-time job (W-2), but I also do a fair amount of freelancing (1099). I doubt that I would be able to do my return on my own without TurboTax; it walks you through all of the deductions you can take if you have contracting income - the portion of your mortgage that applies to your home office, any whole-house improvements you made to your home (heating/roofing/etc.), any improvements you made directly to your home office, depreciation of assets used solely for your job, etc. I'm sure that the ~$50 I spend on TurboTax each year is more than offset by the money it saves me.
- bdclimber14 16y agoHonestly, even if you understand the forms well, TurboTax is decent software to manage the process. OK it's crappy software... but it's better than spreadsheets.
- bdclimber14 16y agoYep, and significantly more complex returns as well for the past 5-6 years. Partnerships are very complex returns, and I was able to do a return for that.
- maguay 16y agoNice ... thanks everyone for the info!