4 ms·

What is an example of something that TurboTax does better?

• andrewmcwatters 3y ago
  State taxes as well. The IRS didn't partner with individual states for this initiative. They also don't have limits on interest income or household income, which make this worthless for people who file high income returns.
  • metadat 3y ago
    Your comments set off my spidey senses; they don't pass the sniff-test for a trustworthy, well-informed, pro-Intuit stance, especially on message board catering to tech. Intuit practices the classic rent-seeking behaviors endemic to late stage capitalism. Who is this helping? They also actively lobby against tax reform because it's an existential threat to their cash cow.
    • deleted 3y ago
      [deleted]
    • tiltowait 3y ago
      Luckily, it’s easily confirmed[1]. The IRS service is only available in a few states, to people with very simple returns. I don’t see anything about an income limit (which may be a misunderstanding/conflation with the “free file partner” program). Even though my own tax situation is pretty simple, I’m specced out of the pilot system because mine is slightly more complex than dead simple. (For the record, I don’t use TurboTax. I think Intuit is a bad actor, and I am very pleased that the IRS will now finally offer this basic, no-brainer service. However, the new system just isn’t there yet, so people aren’t crazy for continuing to use TurboTax even if they live in one of the pilot states.) [1]: https://www.irs.gov/filing/free-file-do-your-federal-taxes-for-free https://www.irs.gov/filing/free-file-do-your-federal-taxes-f...
      • andrewmcwatters 3y ago
        There are a few different income limits that make you ineligible. https://directfile.irs.gov/income https://directfile.irs.gov/income