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Posted

What a fucking asswhip this program is. I’ve logged into like 14 different portals and given them all the permissions for 5+ years and every year it’s like I’m starting from scratch. 

“please verify that your 7 year old kid is your dependent”

Their AI software must be from 1977 because it cannot interpret an HSA doc. 

Posted

I got fed up and printed out the forms and filled them by hand one year.  Fuck all that, I was back to turbotax the next year.

Posted
10 hours ago, Mother mopar said:

Stop being poor and hire a CPA. 

Deloitte does my tax and for the first few years I had to self-fill volumes of information like in the OP, over and over and again. Takes basically just as long to crunch the tax all by hand by myself.

Their process (and the GlobalAdvantage portal) improved in the last few years.

Posted
9 hours ago, NotActuallyALonghorn said:

Will hiring a CPA make me not poor?

Or is it strictly a sequential order of operations?

Step 1. Hire CPA 

Step 2. Tell CPA to minimize your taxes by his fee bare minimum 

Step 3 ????

Step 4. Profit (probably not) 

Posted

They try to hide the ball on anything that is not a boiler plate W-2 standard deduction type thing.

They do this because when you become frustrated, they constantly bombard you to opt for a more expensive plan that has humans involved to help you. Which is why they intentionally make it hard to complete your return. It is their business model.

  • Hook 'Em 3
Posted

The good thing about TurboTax software is that it is so ubiquitous that any problem you have, if you simply google a “how do I < whatever issue > on TurboTax?”, you can quickly find the elusive way to enter the information that their instructions keep from you.

  • Hook 'Em 4
Posted

I'm too much of a control freak to use a CPA. And my taxes are relatively simple. I believe that I do a good job of managing the capital gains throughout the year especially in dumping losing investments to at least offset gains.

  • 2 weeks later...
Posted

i still use turbotax which my wealth manager laughs at me about. think GS and MS private, wealth management.

my finances are SO simple so why pay more money for nothing incremental.

with that said, i have to use a CPA next year has most of my assets are being moved into trust, etc for estate planning.

Posted

I use it as my income is almost all W-2 with heavy RSU vesting and then some other investments. 
 

Similar to above I will be moving to a pro as I am also having a family trust setup

Posted
On 2/17/2025 at 8:01 AM, LonghornSean said:

My taxes have been fairly simple and I’d always used Turbo Tax with no complaints.

But last year I switched to FreeTaxUSA and it was a good experience.

Same

Posted

My wife and I use turbo tax because I am cheap, not poor. Her taxes are a mess as she works for an international bank but we get it done in a couple hours time each year.

  • 1 month later...
Posted

stupid but effective Turbo Tax.  I have read the myth about a free e-file for a couple of years, tried again this year.  This is a very simple return, 3 total W-2s, for the wife and myself.  Our AGI was low enough, below $84k, to qualify for a "free efile", so I fell for the sucker bet and tried a free e-file last night.  It is my turn to get the large refund.  Sure enough the IRS would not accept my return, yada yada, PIN this whatever.  My wife who works overnight comes home and jams the numbers in Turbo Tax, and it almost works the first time, but she transposed a number so IRS would not accept the return.  I knew this would not be a free return but because I am the professional procrastinator supreme, I had little choice but to accept her inputting the numbers.  One good thing, we made the numbers hum, as they numbers came out exactly the same.  

When it came for Turbo Tax to help her fix her transposition mistake, they were available on the phone, which is more I can say for my cheapo allegedly $0 cost return place.  So, the charge is $137.51 to file a fairly easy return and I get the big refund. 

This is the last year I will have been on the dark side of income tax refunds.  Forever and ever I did the correct thing, nailing the return within about $100 or so either way, but I got tired of the IRS bugging me, so when I came over to the dark side, they miraculously stopped bothering me. 

Only about 3 to 4 years on the dark side.  

I am now retired, and will have plenty of time to tinker with W-4s throughout the year.  I plan to owe the IRS about $200 next year. I plan to pay with a paper check, to mail in the return via snail mail and for the return to take about 8 weeks to process, assuming they still take paper returns next year.  

I guess the thing that bugs me now is that I was never able to participate in a free e-file.  Oh well.  Here is to retirement!!😃

 

 

Posted

I should have known it or at least suspected it, but Intuit/Lacerte is the devil incarnate.

The gubmint has been trying to implement a free filing system that automatically populates your return with W2 and 1099 and lets you correct as needed.

Lacerte has been fighting that tooth and nail forever with their bullshit "free filing."  I think DOGE killed it for real.

  • Hook 'Em 1
Posted

That pin thing is real. turboTax filing was rejected by IRS the first effort because I did not have the magic IRS pin they apparently mailed to me some time ago.   I went to my online IRS account and looked up old correspondence and found the pin information and the second TurboTax filing was accepted.   

 

Posted (edited)
16 minutes ago, TwiceHorn said:

I should have known it or at least suspected it, but Intuit/Lacerte is the devil incarnate.

The gubmint has been trying to implement a free filing system that automatically populates your return with W2 and 1099 and lets you correct as needed.

Lacerte has been fighting that tooth and nail forever with their bullshit "free filing."  I think DOGE killed it for real.

Yes it is. And I still use it because I'm lazy.

Also, I'm really annoyed that Intuit purchased Mint and then killed the service in favor Credit Karma (which in no way replaces the functionality of Mint). 

Edited by Dahobbs
Posted

I had used Turbotax (or whatever its original CD-ROM name was) since 1999.  partly because I was mostly W2 with some investments, and party because of a massive Capital Loss I took in 2000 with the death of the .com's, and it kept track of all my gains/losses/ Capital Loss carryover until last year when I finally got back to zero on the carryover.  

And before a smartass steps in, I know I could have done that myself, and several times in the last 20 years, i tried using something other than TT, and the cost was always within a few $.  So not worth skipping.  Plus their "price it" software for donations helped keep track of my goodwill donations through the years.

In addition, for the last 8ish years, USAA members got a decent discount as long as it was submitted before Mid March. and I kept using TT during all that time. 

This year, with the loss of the carryover, combined with me not having enough deductibles to exceed the Standard Deduction (which I knew was going to happen), I finally looked around.

 

I went to sign up to use TT in Feb as a standard deduct W2 with dividend investment income, and even with the USAA discount the TT fucks wanted $79 to submit the mid-level version of the software because of the dividends.   declined to use them this year.

looked around and used HR Block because they allowed for the standard deduction and dividends for right around $50.  took 15 mins to resubmit everything for HRB and got the refund like 4 days later. 

With all the buffonery going on with the IRS, I didnt want to submit via the IRS website "for free". I dont like HRB, but this was a zero-complication submission, and it basically was more than 35% cheaper to deal with HRB.

  • Hook 'Em 1
Posted

I use TurboTax and have for the past 17 years or something, I've never had any issues at all and my tax situations have gotten more and more complex and there hasn't been an issue. The most I've ever paid including audit defense every timne is $300. I am also not an idiot and keep pretty good books using other inuit tools so it just makes everything dead simple. 

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