When reading posts, there are yellow stars against the names of the most respected Shrewds. The number of points in the star, starting at 3, represents the Shrewd'm-Star rating. This number is the average recommendation that the author received over the last 12 months.
- Manlobbi
Stocks A to Z / Stocks B / Berkshire Hathaway (BRK.A) ❤
No. of Recommendations: 1
I've been using TurboTax for years but am getting tired of paying so much for it.
Our tax situation is not very complicated, DW and I are both in our 80's. All of our income is from social security, retirement accounts and return on investments.
Am thinking I could probably go to using just paper forms but I'd prefer to do it on a computer (I have all of our financial data in Quicken).
Anyone have any recommendations for a low cost or free program that would be a good one to use?
Any thoughts appreciated.
No. of Recommendations: 1
Anyone have any recommendations for a low cost or free program that would be a good one to use?The IRS has a pilot program that they've rolled out to a bunch of states so far. It's a free filing program.
https://www.irs.gov/filing/irs-direct-file
No. of Recommendations: 0
Yes, I was aware of that program. I might give it a try.
No. of Recommendations: 6
I've used FreeTaxUSA for many years and very happy.
https://www.freetaxusa.com/ It will take even the most complicated similar to Turbotax. The first year you have to put in all your basic info, but it remembers it for future years.
Cost is 0.0 for Federal and 14.99 State....
HardwaterRuss
No. of Recommendations: 3
also looking to leave tutbotax, but consider this.
turbotax pulls data forward into the next years taxes, some of which is complex.
if you have any need to refile, or glitches faulted to IRS, you can pull and run older (offline) versions to audit and test solutions.
have experienced all of these scenarios, unfortunately.
No. of Recommendations: 3
FreeTaxUsa also pulls some data forward for subsequent years,
and you don't have to submit your return. I don't remember it
bringing any actual data numeric values but definitely pulls
other identifying entries and forms.
You can easily do a print preview as well as telling it you want
to snailmail your return and simply print preview the final as a check
against turbotax.
Remember it's "free" so you could easily put in your 2023 data now
and compare to your previous 2023 submitted return.
hardwaterruss
No. of Recommendations: 2
i dont need the auto-pull for simple data, but for more complex things like foreign carryovers and state-level exemptions.
one of my relatives recently received a corrected 1099 from vanguard for 2022 (yes, more than a a year late), and so this is exactly the situation where i would want to go back and run turbotax 2022 version with all the patches for refiling.
No. of Recommendations: 1
I've used FreeTaxUSA for many years and very happy
It's good. There's also VITA for simpler returns, though you sit around, watch data entry and answer questions. Anything complex is out of scope though. I do taxes free for them and I've wondered if it's going to be cut by the current admin. It's odd, because non-gov entities use the same software (the Feds co-developed it with them) and it can do all of the complex things, they just don't want us doing it. I had to estimate a Sch C last time. which I did while getting what seemed to be conflicting answers, but sensed the woman just wasn't sure, and gave her the benefit.
No. of Recommendations: 1
Our daughter uses CashApp. She told me about it, and I've used it last year, and now this year. It seems to be pretty good. With mom's death, I had some 1099Rs for the first time this year. Handled them no problem. Interface is similar to T-Tax, so pretty user-friendly. You have to set up a free account (obviously, since you're going to log in and enter personal/financial data).
We owe this year, so I haven't filed yet. I'll wait until the week before they're due.
No. of Recommendations: 3
Have you tried FreeTaxUSA? The federal form is free and states are around $15.
I've had a CPA do my taxes for a long time due to some complications (multiple states and out of state rental) but now that my life is simpler, I'm trying to replicate what he did this year with FreeTaxUSA. I'm getting close. Hopefully next year I'll do it myself.
No. of Recommendations: 0
Haven't tried it. Have heard of it, of course.
I already used CashApp this year. Ready to file. But I can look next year.
