I tried TurboTax Premier for the first
time and found that it did the best job
of noting changes in the tax code
plainly and up front. But what what I
really liked was the site's handling of
state returns. Turbo tax offers actual
guidance and advice at the state level.
Everything you need to do your taxes with
ease.
TurboTax Premier
Software also offers more import capabilities
than the other tax programs, which can be
a huge time-saver. TurboTax can import 1099s
from nearly 100 different financial institution,
and also imports data from newer versions
of Quicken.
Import abilities aside, anyone with a lot
of Schedule D investment activity should
lean toward TurboTax: It was the most sensitive
to the intricacies of these transactions
without going overboard.
The Deductible module gave good guidance
on what I could deduct for donated items,
though according to IRS Publication 526,
there are no fixed formulas or methods for
finding the fair market value of donated
clothing or household items.
One feature I really like is the Audit Risk
Meter, which graphically monitors and illustrates
how likely I am to be audited as I complete
my return.
The thing about TurboTax that helps ease
you along is the "Live Community"
a Q&A chat board with other users, a option
for tax advice that TurboTax experts monitor
to keep out bad information.
Other help options include the On Demand
Tax Guidance feature, the "TurboTax Help"
link at the top of the screen (which links
to an online database of articles).
Turbo Tax Premier additional features include:
Helps You Accurately Report Investment Sales
Determines Your Cost Basis on stock sales,
in three easy steps.
Helps with Employee Stock Plans
401(k) Maximizer — Shows you how to increase
your 401(k) contribution without decreasing
your take-home pay.
Turbo Tax Premier Helps You Find Every Rental
Deduction
Simplifies Reporting Multiple Properties
Maximizes Refinancing Deductions
Handles Supplemental Partnership Expenses
TurboTax Premeir
also includes everything in
TurboTax Deluxe.
Overall I have to rate TurboTax Premier
in the top 2 higher end personal tax return
software programs, running along side of
H&R
Block TaxCut Premium.
