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March 7th, 2010 at 2:33 pm
I have Fed Tax-free interest which is so declared on Form 1040. After the interview, this line item was transferred to my Ohio IT-1040 on TWO lines, line 31, (correct placement), and line 34a, (inproper entry), also. This added income adjustment was summed as a double entry, and resulted in a tax error increase of $94. Turbotax 2005, by the way, handled this item properly.
I print out and do a line-item verification of my forms but with TT2006, you cannot go back and affect an edit after printing. Pages are accessible and you can “override” data with resulting changes to the form but when you reprint, nothing is corrected. I will submit a hand prepared Ohio tax form this year. In my opinion, the state form preparation is poor and inaccurate.
Rating: 1 / 5
March 7th, 2010 at 5:20 pm
I had been thinking about buying Turbotax for years, but quite frankly, was initimidated by it, thinking it would be complicated, I would need a lot of help, etc. However, it was really easy and quick, and best of all, you could submit your tax returns right there online. YOu could avoid the hassle of having to make copies, prepare an envelope, etc. etc. Also, once you’ve inputted our personal info in your federal taxes, it will take that information and apply it to your state taxes. I highly recommend Turbotax.
- Julia
Rating: 5 / 5
March 7th, 2010 at 8:12 pm
The State and Federal updates were not availble from intuit. They have been backordered. I am not pleased because I have a large federal refund and I am ready to file the return.
Rating: 2 / 5