Official 2011 Tax Software Summary

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You can get TaxAct Premier (with 5 free fed and 1 free state filing) for $5 at Staples. Combine TaxAct, Quicken Starter Edition and McAfee Antivirus with a $25/$75 coupon. Quicken (with tax software) and McAfee are FAR.


nycoroner said:   FWIW, I did not see this mentioned yet so I wanted to throw it out.
If you click through Bank of America's website, you can get 35% off TurboTax. You don't even have to be a BOA customer, I'm not and used it last year too.
Bank of America 35% discount for TurboTax

Nice, used that and eventually found a discounted version of TurboTax Basic for $12.95. The splash screen after the BofA discount jumps from Free to Deluxe but clicking the tab for personal taxes will show you the basic edition (fine for me, single, renter, sold two stocks this year so I can power through cap gains calculations without guidance, I just want to auto-import all my old turbo-tax info to speed up the process).


Amazon (2ndary seller) has TurboTax Deluxe Federal + E-file 2011 CD version available for $26.95 + 4$ shipping. This seemed decent for a hard copy"
http://www.amazon.com/gp/product/B005TK648S?


ChefJoe said:   Nice, used that and eventually found a discounted version of TurboTax Basic for $12.95. The splash screen after the BofA discount jumps from Free to Deluxe but clicking the tab for personal taxes will show you the basic edition (fine for me, single, renter, sold two stocks this year so I can power through cap gains calculations without guidance, I just want to auto-import all my old turbo-tax info to speed up the process).
I did a quick run through TurboTax Online Basic, Deluxe, and Premier.

Basic and Deluxe seemed the same, for my situation at least; they both have the same interface for entering stock transactions. (Deluxe might ask more questions about deductions that might apply to you, or give guidance for big events like you just bought a house or had a baby; none of those situations apply to me. Deluxe is also supposed to tell you if your audit risk is high.)

Premier seemed pretty similar to Deluxe; one difference is that for stock transactions, in addition to the wizard interface from Deluxe/Basic (which can be annoying if you have a lot of trades), there's an option to enter transactions in a spreadsheet interface (kinda funny that you have to pay more to get less "guidance"); though if importing that data from a brokerage maybe this interface doesn't matter much. Their website says Premier also "Uncovers deductions for rental property".

Also, for the desktop versions, there doesn't seem to be a Basic bundle of Federal + State; I only see that for Deluxe & above. So if doing a state return with TurboTax desktop, it's probably cheaper to get Deluxe Federal + State.


Newegg has the Intuit TurboTax Home and Business Federal + State + eFile 2011 for 34.95 after coupon EMCNJJC66.
http://www.newegg.com/Product/Product.aspx?Item=N82E16832109399


Amazon lowered the price of TT Deluxe + E-File + State to $39.79 today (both physical media and DL.) They also have a rebate-less $25.00 coupon when purchased/downloaded with Quicken.

http://www.amazon.com/gp/product/B005TK64AQ/ref=ox_ya_os_product


HotSalami said:   Amazon lowered the price of TT Deluxe + E-File + State to $39.79 today (both physical media and DL.) They also have a rebate-less $25.00 coupon when purchased/downloaded with Quicken.

http://www.amazon.com/gp/product/B005TK64AQ/ref=ox_ya_os_product

Thanks. I think I'll grab my copy for $39 + FS.. no tax.

Was waiting for the $10 price drop. I'd wait longer for another drop.. but whatever.


bmeeuwen said:   Newegg has the Intuit TurboTax Home and Business Federal + State + eFile 2011 for 34.95 after coupon EMCNJJC66.
http://www.newegg.com/Product/Product.aspx?Item=N82E16832109399
It says "out of stock" already.


Good post. All the tax software related information and great discussion in one place.
I have used TurboTax, TaxAct and H&R Block person assisted and I found TurboTax the best.


Good post. All the tax software related information and great discussion in one place.
I have used TurboTax, TaxAct and H&R Block person assisted and I found TurboTax the best.


Amazon has H&R Block Deluxe + State for $29.25 and Premium for $47.80. Not sure how long it will last.
http://www.amazon.com/s/ref=bl_sr_software?_encoding=UTF8&node=229534&field-brandtextbin=H%26R%20Block


hbrobinson said:   Amazon has H&R Block Deluxe + State for $29.25 and Premium for $47.80. Not sure how long it will last.
http://www.amazon.com/s/ref=bl_sr_software?_encoding=UTF8&node=229534&field-brandtextbin=H%26R%20Block
$31.95 now


also no GC at my Target yesterday.


H&R Block At Home Basic now at Dollar Tree.
They had several displays right in the front of the store.


bmeeuwen said:   Newegg has the Intuit TurboTax Home and Business Federal + State + eFile 2011 for 34.95 after coupon EMCNJJC66.
http://www.newegg.com/Product/Product.aspx?Item=N82E16832109399

Back in stock but the CODE is no longer valid at check out


Everyone please note that there is still a free download for TT Basic that ends today.


can someone tell me whether I can use this one to do my tax with stock investment?


**************** FREE FILE online tax preparation *********************

Find the company that offers the best deal for you.


Link


Free File companies have their own eligibility criteria, but none offer Free File to taxpayers with an Adjusted Gross Income of more than $57,000.
Other eligibility criteria may include your: age, state, eligibility for the Earned Income Tax Credit, and military status.
Check the company's website for details because the companies' offers may differ. For example, some companies charge a fee for state tax returns and some may not support a particular form you need to file.
Remember to begin your Free File return at IRS.gov or you may be charged a fee or asked to buy additional products and services.
If, after browsing the list of companies, you need help go to Help Me Find a Free File Company.

ezTaxReturn.com:

Adjusted Gross Income: $57,000 or less, and
Live in any state, except: AK, CT, DC, DE, FL, HI, ID, IA, KS, KY, ME, MN, MO, MT, NE, NV, NH, NM, ND, OK, OR, RI, SC, SD, TN, TX, UT, VT, WA, WV and WY

eSmartTax By Liberty Tax Service:

Adjusted Gross Income: $57,000 or less, and
Age: 52 or younger, and
Live in any state

FreeTaxUSA® IRS Free File Edition:

Adjusted Gross Income: $57,000 or less, and
Age: between 23 and 64, and
Live in any state

Free1040TaxReturn:

Adjusted Gross Income: $42,000 or less, and
Live in any state, except: DC, DE, FL, HI, ME, MT, ND, NH, NM, NV, RI, SD, TN, TX, VT, WA and WY, or
Eligible for the Earned Income Tax Credit

FileYourTaxes.com:

Adjusted Gross Income: between $11,500 and $57,000, and
Live in any state, except: MN and NH, or
U.S. Citizens and resident aliens with foreign addresses

Online Taxes at OLT.com:

Adjusted Gross Income: between $12,050 and $57,000, and
Live in any state or U.S. Citizens and resident aliens with foreign addresses

Free TaxAct:

Adjusted Gross Income: $57,000 or less, and
Age: between 19 and 55, and
Live in any state or U.S. Citizens and resident aliens with foreign addresses

H&R Block's Free File:

Adjusted Gross Income: $57,000 or less, and
Age: 52 or younger, and
Live in any state or U.S. Citizens and resident aliens with foreign addresses

Tax Simple:

Adjusted Gross Income: $57,000 or less, and
Age: 70 or younger, and
Live in any state, except: AK, FL, NV, SD, TN, TX, WA and WY

yesicanefile.org:

Adjusted Gross Income: $29,000 or less, or
Eligible for the Earned Income Tax Credit, and
Live in any state

TaxSlayer:

Adjusted Gross Income: $57,000 or less, and
Age: 25 or younger, or
Active military, or
Eligible for the Earned Income Tax Credit, and
Live in any state or U.S. Citizens and resident aliens with foreign addresses

1040NOW.NET:

Adjusted Gross Income: $57,000 or less, and
Age 72 or younger, and
Live in any state, except: AK, FL, NH, NV, SD, TN, TX, WA and WY

TurboTax® Freedom Edition:

Adjusted Gross Income: $31,000 or less, or
Active military with an Adjusted Gross Income of $57,000 or less, or
Eligible for the Earned Income Tax Credit, and
Live in any state

1040.com Free File Edition:

Adjusted Gross Income: $57,000 or less, and
Age: 52 or younger, and
Live in any state or U.S. Citizens and resident aliens with foreign addresses

OnlineTaxPros.com:

Adjusted Gross Income: between $4,000 and $57,000, and
Live in any state, except: AK, DC, FL, NH, NV, SD, TN, TX, WA and WY


Found a good deal for residents of CT, CO, DE, HI, IL, IA, KS, LA, MD, MA, MT, NE, NJ, NM, PA, UT, WI. This beats the price for Tax Act and Tax Slayer, which look to be the lowest on the block (if you are active duty military, Tax Slayer will do them for free).

Link
Coupon Code: $MA$HPRICE (valid through 2/5/12)
Federal = $4 (w/ coupon)
Free State Returns for CT, CO, DE, HI, IL, IA, KS, LA, MD, MA, MT, NE, NJ, NM, PA, UT, WI.

What they do is offer the links to the free state portals at the end of your federal. Would also be a good deal for all the non-income tax states, too.

enjoy!


Thanks, it works and save me money,much cheaper then eBay !


FWIW, I did not see this mentioned yet so I wanted to throw it out.
If you click through Bank of America's website, you can get 35% off TurboTax. You don't even have to be a BOA customer, I'm not and used it last year too.
Bank of America 35% discount for TurboTax

 

Thanks, it works and save me money,much cheaper then eBay !


nycorner said :
FWIW, I did not see this mentioned yet so I wanted to throw it out.
If you click through Bank of America's website, you can get 35% off TurboTax. You don't even have to be a BOA customer, I'm not and used it last year too.
Bank of America 35% discount for TurboTax

 

Thanks, it works and save me money,much cheaper then eBay !


You can file a free tax return with the state of California, if you meet the qualifications.

https://www.ftb.ca.gov/online/calfile/index.asp

General Information

You can CalFile

An original 2011 return.
You were a California resident for the entire year.
Claiming 10 or fewer dependents.
You owe Use Tax.

 

You cannot CalFile

An amended return.
A return for someone who died.
Requesting a military- or disaster-related extension.
You have Health Savings Account (HSA) deductions or distributions.
Your spouse/RDP was active duty military and was domiciled in a community property state other than California.
Claiming a disaster loss.
Claiming Mortgage Debt Relief.
You filed federal form 1099-C (Cancellation of Debt).
Capital gains or losses; business or farming income or loss (federal Schedule C, D, F).
Income or loss from rental real estate, royalties, partnerships, S corporations, estates, trusts, REMICs, etc. (federal Schedule E).

Amount of Income

You can CalFile

Your federal Adjusted Gross Income (AGI) can be up to:

$166,565 if single or married/RDP filing separately
$249,852 if head of household
$333,134 if married/RDP filing jointly or qualifying widow(er).


jnheinz said:   I think I'll grab my copy for $39 + FS.. no tax.
Uhhhh, something about the bolded part doesn't seem totally correct.


I just filed using TurboTax Freedom Edition online. It's totally free Federal as well as many states (AL, AR, AZ, GA, IA, ID, IN, KY, MI, MN, MO, MS, NY, NC, ND, OK, OR, RI, SC, VA, VT, WV), if you qualify, including e-filing of both.

The screens are 100% identical to those in TurboTax Deluxe. The resulting forms and worksheets produced are 100% identical to those produced by TurboTax Deluxe.


For the last 3 years, I used Glenn Reeves' FREE income tax spreadsheet available at http://home.mchsi.com/~taxcalculator/ or at http://www.excel1040.com. (End of list) The spreadsheet gives me the comfort level since it looks like real IRS forms. I know where things should placed on forms. The spreadsheet does a nice job at calculating AMT, which I have to do every year. I do not like the tax software that asks questions like "Have you had a life changing event?"

The spread sheet does
Schedule A – Itemized Deductions
Schedule B – Ordinary Interest and Ordinary Dividends
Schedule C – Profit or Loss from Business
Schedule D – Capital Gains and Losses, along with its worksheet
Schedule SE – Self-Employment Tax
Form 2441 – Childcare and Dependent Care Expenses
Form 6251 – Alternative Minimum Tax – Individuals
Worksheets:
Line 10 – State and Local Tax Refund Worksheet
Lines 16a and 16b – Simplified Method Worksheet taxable annuities and pension benefits
Lines 20a and 20b – Social Security Benefits Worksheet
Line 32 – IRA Deduction Worksheet
Line 42 – Deductions for Exemptions Worksheet
Line 44 – Qualified Dividends and Capital Gain Tax Worksheet
Line 52 – Child Tax Credit Worksheet
Lines 64a and 64b – Earned Income Credit (EIC)
W-2 input forms that support up to 4 employers for each spouse
1099-R Retirement input forms for up to 4 payers for each spouse
SSA-1099 input form to record Social Security Benefits
It also allows for overrides for certain inputs.


RonR said:   I just filed using TurboTax Freedom Edition online. It's totally free Federal as well as many states (AL, AR, AZ, GA, IA, ID, IN, KY, MI, MN, MO, MS, NY, NC, ND, OK, OR, RI, SC, VA, VT, WV), if you qualify, including e-filing of both.

The screens are 100% identical to those in TurboTax Deluxe. The resulting forms and worksheets produced are 100% identical to those produced by TurboTax Deluxe.
You qualify for FREE FEDERAL filing if any or all of the following apply:

You earned ... $31,000 or less {Your Adjusted Gross Income (AGI)}
OR
You were ... Active Duty Military in 2011 with an AGI of $57,000 or less
OR
You qualify for the ... Earned Income Credit (EIC)


H&R Block At Home Deluxe Federal + State + Federal E-File 2011 at Best Buy

$34.99 - $15 Best Buy gift card - $10 MIR = $10

valid Sun. Jan 22 - Jan 28

LINK

$10 MIR


usernamemax20charact said:   H&R Block At Home Deluxe Federal + State + Federal E-File 2011 at Best Buy

$34.99 - $15 Best Buy gift card = $20

valid Sun. Jan 22 - Jan 28

LINK

The price online still comes up as $44.99 when you add it to your shopping cart. Hopefully they update the price soon.


A small warning: H&R Block have a known bug in their software for at least five years, which they refuse to fix. The bug is that when one is a full-time student and has some income (but lower than around $5000), child care expenses are only accounted for the income level, instead of the student's level. For the typical family with AGI of over $43000, this can mean over $1000 excess tax payment! To fix this, one needs to manually alter the results via the form access, which then prevents federal e-filing.

And they have known about this bug for years (it is in their troubleshoot guide), and yet they do not fix it.


usernamemax20charact said:   H&R Block At Home Deluxe Federal + State + Federal E-File 2011 at Best Buy

$34.99 - $15 Best Buy gift card = $20

valid Sun. Jan 22 - Jan 28

LINK

The $10 MIR form should also work, since Best Buy is listed as a valid reseller

http://www.fatwallet.com/static/attachments/146533_10offmir.pdf


Seal said:   visum said:   If you are into TurboTax products check out this guy: looks too good to be true, but who knows...
http://www.sell.com/selling/kingseller5/


This site offer Downloadable TT softwares at Very Low prices.
Q: can this be ligit? given that TT was given away to MAC-OS for free??


it is gone now. Did he offer the higher priced products?


SUB said:   usernamemax20charact said:   H&R Block At Home Deluxe Federal + State + Federal E-File 2011 at Best Buy

$34.99 - $15 Best Buy gift card = $20

valid Sun. Jan 22 - Jan 28

LINK


The $10 MIR form should also work, since Best Buy is listed as a valid reseller

http://www.fatwallet.com/static/attachments/146533_10offmir.pdf

You're so right.

$15 Best Buy gift card is instant according to web site (when you order online so should be same in store too).

Therefore, $34.99 - $15 Best Buy gift card - $10 MIR = $10


usernamemax20charact said:   SUB said:   usernamemax20charact said:   H&R Block At Home Deluxe Federal + State + Federal E-File 2011 at Best Buy

$34.99 - $15 Best Buy gift card = $20

valid Sun. Jan 22 - Jan 28

LINK


The $10 MIR form should also work, since Best Buy is listed as a valid reseller

http://www.fatwallet.com/static/attachments/146533_10offmir.pdf


You're so right.

$15 Best Buy gift card is instant according to web site (when you order online so should be same in store too).

Therefore, $34.99 - $15 Best Buy gift card - $10 MIR = $10

I wonder if they will accept the $10.00 coupon from Target, making it essentially free?


For $34.99 - $15 BB GC - $10 MIR, I am in for one.


ratdog49640 said:   usernamemax20charact said:   SUB said:   usernamemax20charact said:   H&R Block At Home Deluxe Federal + State + Federal E-File 2011 at Best Buy

$34.99 - $15 Best Buy gift card = $20

valid Sun. Jan 22 - Jan 28

LINK


The $10 MIR form should also work, since Best Buy is listed as a valid reseller

http://www.fatwallet.com/static/attachments/146533_10offmir.pdf


You're so right.

$15 Best Buy gift card is instant according to web site (when you order online so should be same in store too).

Therefore, $34.99 - $15 Best Buy gift card - $10 MIR = $10


I wonder if they will accept the $10.00 coupon from Target, making it essentially free?

I tried it, but the cashier wouldn't accept it - of course, YMMV.

Still, for a fairly easy MIR deal, this is the best price I've seen on the Deluxe + State version.


why isn't the free HR Block offer with CA antivirus posted here?


link?

wd said:   why isn't the free HR Block offer with CA antivirus posted here?


irishguywi said:   link?

wd said:   why isn't the free HR Block offer with CA antivirus posted here?

http://www.fatwallet.com/forums/hot-deals/1163550/


H&R Deluxe + State at OD (most B&Ms: check weekly ad) is $34.99 ($19.99 after $15 MIR for OD gift card).




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