dspeakes Wrote:
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> DRJ, the schedule D is a lot more complex these
> days (it triggers medicare investment income
> taxes) than it used to be because of Obamacare
> kicking in. There are very few simple returns any
> more, and Turbotax online free version was meant
> only for very uncomplicated returns.
>
> I recommend Turbotax for do it yourselfers because
> it really does have a very good interview.
Speakes,
I realize the free version of Turbotax is for very simple returns (and only for tax payers that earn less than $30,000). Essentially, it's an online version of a 1040 EZ. I was never able to use the free edition of Turbo Tax, but the Delux version covered everything I needed to do in the past for the $20 to $30 that I paid for it each year. Now, Turbotax has turned the Delux version into essentially a 1040 EZ for people that make more than $30,000, and you have to upgrade to a $75 to $100 version.
Last year, before Turbotax moved to their bait and switch business model, I would have been singing their praises too, but I can't recommend them anymore.
My point is that Tax Act is FREE. The schedule D isn't any more complex for Turbotax to figure out than it is for Tax Act. I just want people to realize that they don't have to bow at the feet of intuit and shower them with money in order to do their taxes.
Tax Act is VERY similar to Turbo Tax and it's FREE.