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The current software is also just bad. I used to use TurboTax, but now I'm using TaxCut. TaxCut has the following issues, which are really just stupid at this
by cpwright 13y ago
The current software is also just bad. I used to use TurboTax, but now I'm using TaxCut. TaxCut has the following issues, which are really just stupid at this point:
- Even though it could import last years return, it needs me to tell it how much of my 2012 tax refund from the state should be counted as 2013 income. I have to recalculate my last year's tax liability based on a lower deduction (because AMT may or may not erase the deduction anyway).
- It tells you that you have a slightly increased audit risk for one of about 5 different reasons, that are mutually exclusive and only one of them applies to my return.
This is the stuff that a computer can do very well, but is tedious and error-prone for me.
Moreover, the last time I used TurboTax and I'm sure this is true with TaxCut still, it wants me to decide if I want to file jointly or separately. Why in the world should I have to make that decision or do the returns twice. The software should be intelligent enough to do the calculations both ways, and present the better answer, with the option to overrule it.
If the government was making this software you could see it being this bad, but these companies are supposedly competing to do it; but it is still awful. Arguably, this is because the tax system is awful, but most of this is just coasting.
I also would expect that the state software wouldn't be very good (at least for unpopulous states), but most of my issues are with the federal return.