Turbotax 2009?
in [Quicken]
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From: Sam Spade on 12 Dec 2009 12:25 I'm confused Margaret. I thought you use Tax Act like I do but it sounds like you switched to TT? "Margaret" <twokatmew(a)gmailx.invalid> wrote in message news:hg0h0b$k8e$1(a)news.eternal-september.org... > On 12/11/2009 11:50 PM, B wrote: >> On 12/11/2009 9:25 AM, Robert Neville wrote: >>> B <b(a)invalid.invalid> wrote: >>> >>>> RC, can you elaborate on the difference in handling deductions >>>> between the two versions? Like you, I'm in Texas and don't need the >>>> state feature. >>> >>> Deluxe comes with access to the web based "It's Deductible". ID is >>> essentially a >>> database of fair market prices for typical donations to Goodwill and >>> the like. >>> It allows you to enter all your donations on a web page and download >>> the details >>> directly in TTax. >>> Useful if you have more than a few donations, but I prefered it when >>> it was a >>> standalone program. >> Thanks. When we had to pay extra for Its Deductible as a separate >> program I never used it, although a friend eventually told me he thought >> it was well worth the money. I've used it since it was integrated into >> TTAX and for us, with lots of donations to lots of organizations, as >> well as mileage for volunteering, it is useful. You've helped me figure >> out what to do. > > I used "It's Deductible" when it was a standalone program, because I don't > use TaxAct instead of TurboTax. Now Intuit has integrated it, so to get > final numbers for form 8283, you have to buy TurboTax Deluxe. I'm bummed > about that.... > > Regards, > > Margaret
From: Margaret on 12 Dec 2009 17:29 On 12/12/2009 12:25 PM, Sam Spade wrote: > I'm confused Margaret. I thought you use Tax Act like I do but it sounds > like you switched to TT? No, I didn't switch. With the exception of this past year, I've beta-tested TT, so I was able to see how It's Deductible's TT integration worked. I wasn't impressed enough to switch back to TT. TaxAct now has a limited donation tracker, and the prices it does have seem more in line with reality. I wish they'd break it out as a separate program, however. Then I could use it during the year to track my donations and simply import it to TaxAct when the new software comes out at year end. As it is now, I simply use a spreadsheet for non-cash donations. Cash donations I track in Quicken. Regards, Margaret
From: Margaret on 13 Dec 2009 10:56 On 12/13/2009 10:28 AM, NCFUBAR(a)hotmail.com wrote: > On Sat, 12 Dec 2009 17:29:54 -0500, Margaret > <twokatmew(a)gmailx.invalid> wrote: > >> On 12/12/2009 12:25 PM, Sam Spade wrote: >>> I'm confused Margaret. I thought you use Tax Act like I do but it sounds >>> like you switched to TT? >> >> No, I didn't switch. With the exception of this past year, I've >> beta-tested TT, so I was able to see how It's Deductible's TT >> integration worked. I wasn't impressed enough to switch back to TT. >> >> TaxAct now has a limited donation tracker, and the prices it does have >> seem more in line with reality. I wish they'd break it out as a >> separate program, however. Then I could use it during the year to track >> my donations and simply import it to TaxAct when the new software comes >> out at year end. >> >> As it is now, I simply use a spreadsheet for non-cash donations. Cash >> donations I track in Quicken. >> >> Regards, >> >> Margaret > > Am curious about how you get your current year Quicken data into > TaxAct since the TaxAct people say the data cannot be imported? > > Lee I have a customized tax schedule report along with a couple other reports. I use these to manually enter my Quicken data into TaxAct. Frankly I spent more time visually scanning and fixing errors in Quicken's TT imported data, that it's simply faster to manually enter it in TaxAct. Granted, if I had many taxable investment trades manually entering data could get onerous. But ... this way I know everything's correct. Regards, Margaret
From: speedlever on 13 Dec 2009 19:39 Ditto here. I used Tax Act last year because I was ticked off at Intuit for the dabacle on charging for multiple returns, etc. Actually, TaxAct turned out to be a pretty nice product and the price was excellent. However, I found that ID was a much better implemented product than what TA uses.. and this year I plan to move back to TT for ID. We also need state returns too. I really wish TA had an equivalent to ID. If so, I'd be very tempted to stay with them. B <b(a)invalid.invalid> wrote in news:hfv7j4$hdl$2(a)news.eternal-september.org: > Thanks. I agree about with your assessment. Neville mentioned that > another difference is Its Deductible. That has turned out to be very > useful for us so I think I know what we'll buy this year. >
From: jo on 13 Dec 2009 23:58
On Dec 13, 10:56 am, Margaret <twokat...(a)gmailx.invalid> wrote: > On 12/13/2009 10:28 AM, NCFU...(a)hotmail.com wrote: > > > > > > > On Sat, 12 Dec 2009 17:29:54 -0500, Margaret > > <twokat...(a)gmailx.invalid> wrote: > > >> On 12/12/2009 12:25 PM, Sam Spade wrote: > >>> I'm confused Margaret. I thought you use Tax Act like I do but it sounds > >>> like you switched to TT? > > >> No, I didn't switch. With the exception of this past year, I've > >> beta-tested TT, so I was able to see how It's Deductible's TT > >> integration worked. I wasn't impressed enough to switch back to TT. > > >> TaxAct now has a limited donation tracker, and the prices it does have > >> seem more in line with reality. I wish they'd break it out as a > >> separate program, however. Then I could use it during the year to track > >> my donations and simply import it to TaxAct when the new software comes > >> out at year end. > > >> As it is now, I simply use a spreadsheet for non-cash donations. Cash > >> donations I track in Quicken. > > >> Regards, > > >> Margaret > > > Am curious about how you get your current year Quicken data into > > TaxAct since the TaxAct people say the data cannot be imported? > > > Lee > > I have a customized tax schedule report along with a couple other > reports. I use these to manually enter my Quicken data into TaxAct. > Frankly I spent more time visually scanning and fixing errors in > Quicken's TT imported data, that it's simply faster to manually enter it > in TaxAct. > > Granted, if I had many taxable investment trades manually entering data > could get onerous. But ... this way I know everything's correct. > > Regards, > > Margaret- Hide quoted text - > > - Show quoted text - does Tax Act allow downloading 1099 info from brokerages? That was a big feature lacking in Taxcut, the one time I tried it. |