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BEST BUY TURBOTAX 2015 HOME AND BUSINESS FOR FREE
BEST BUY TURBOTAX 2015 HOME AND BUSINESS UPGRADE
BEST BUY TURBOTAX 2015 HOME AND BUSINESS SOFTWARE
BEST BUY TURBOTAX 2015 HOME AND BUSINESS FREE

This did feel rather convenient, and it helped make sure I didn’t forget any 1099s from old bank accounts. For example, all my Employer Tax IDs and addresses were pre-filled.

They also had all my old W- providers to reduce my data entry needs a little bit more. Filing status, dependents, address, DOB, SSN, etc. If you used TurboTax the previous year, it will pull up all of your old tax information. For example, after entering in my property taxes, it said something like “Good news! The $X,XXX you paid is deductible and just reduced your tax bill!”

The software’s “personality” was more friendly and positive.

It should have asked me first if I actually wanted to figure these things out. For example, just entering a simple $700 1099-MISC from some random bonus deal led me down a 5-minute rabbit hole where TurboTax was trying to decided if this was really a W-2 job or independent contractor pay, if it was a business or hobby, and if I could deduct my cell phone usage and mileage for it.

There was an increase in probing questions.

I did feel like there were two slight changes from previous years though: I still remember filling out paper 1040 forms, and this is definitely easier to understand and less intimidating. I’m sprinkling several screenshots throughout this review, which you can click to enlarge.Īs in previous years, TurboTax uses a question-and-answer interview format. It feels like I could fill it out on an iPad, with its clear text, lots of pictures, and big buttons. The 2014 user interface is probably the cleanest one I’ve seen from Intuit. I’m pretty sure if you don’t enter any business expenses and/or deductions then you won’t have to make the upgrade.

BEST BUY TURBOTAX 2015 HOME AND BUSINESS UPGRADE

Note: I was able to enter the data from 1099-MISC forms without having to upgrade to Home & Business, even though this could be technically called “self-employment income”. I remember those days… my entire tax return fit on a single sheet of paper. You must file Form 1040A or 1040EZ – that means taxable income of $100,000 or less, no itemized deductions, no investment income, no stock sales.

BEST BUY TURBOTAX 2015 HOME AND BUSINESS FREE

This year, TurboTax also has a Free Edition where you can get $0 Fed + $0 State for simple tax returns only.

There are additional discounts out there available through various financial firms like Vanguard or Fidelity. TurboTax State Online an optional add-on at $36.99 including e-file. Although their website shows a “retail” price of $79.99, anyone who visits the site will automatically see a discounted price of $54.99 for Federal including e-File. Due to my stock sales, I am going with TurboTax Premier Online. TurboTax comes in Free, Deluxe, Premier, and Home & Business tiers.

Itemized deductions (Schedule A), including property taxes and charitable giving.

Capital gains and losses from brokerage accounts (Schedule D).

Contribute to retirement accounts (401ks and IRAs).

Interest income and dividend income from bank accounts, stocks, and bonds (Schedule B).

Both with W-2 income, as well as some simple 1099-MISC forms.

Married filing jointly, subject to state income tax.

Here’s a quick summary of our personal tax situation. First up is Intuit TurboTax, the more popular online version. I like shopping around as with all of these services, you only pay when you file. I plan on comparing the three major tax preparation websites again this year: TurboTax, H&R Block, and TaxACT.

BEST BUY TURBOTAX 2015 HOME AND BUSINESS SOFTWARE

You can override the TurboTax software and fill in the tax forms yourself without the guided tour TurboTax Deluxe, Premier and Home & Business all will allow you to do that, but you’ll then have to print and mail your return, which defeats the purpose of guided tax software and gives you none of the benefits of electronic filing.Although I’m still waiting on some 1099 forms (*cough* TD Ameritrade), I’ve already got most of my paperwork in order for my tax returns.

BEST BUY TURBOTAX 2015 HOME AND BUSINESS FOR FREE

As with all online tax-prep products, you can try it out for free you’ll only pay for the state version of TaxACT when you’re ready to file.įill out the TurboTax forms without guidance (not recommended). You’ll have to pay to file your state tax form, but TaxACT’s state pricing is quite competitive: $9.99 for the version that accompanies its free edition. The federal portion of TaxACT is always free, and supports Schedules C, D and E. Use a free online provider such as TaxACT. Block is offering free tax prep and filing using comparable H&R Block software to disgruntled TurboTax clients. And we always stand behind our 100% satisfaction guarantee if a customer requests a refund.” When I asked a spokeswoman whether customers could get a refund, she said: “We’re working with customers who contact us on a one-on-one basis to resolve their unique situation to their satisfaction. Contact TurboTax at and ask for a refund.