Turbo Tax Reviews? Do You Like It?

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  • Crazy8
    Daycare.com Member
    • Jun 2011
    • 2769

    Turbo Tax Reviews? Do You Like It?

    I am guessing I would need the "small business" edition, correct?? Does it do everything a home daycare would need??

    I've never done my taxes myself but I do have previous years returns to kind of see if I'm doing things right and I've always figured out all my totals for expenses, etc. myself so I know how to do that part. I am afraid I'll spend $100 on the turbo tax and still end up needing someone to do them. Not to mention I have to file in 10 days.
  • Provider_Manda
    Daycare.com Member
    • Jan 2012
    • 392

    #2
    We done Turbo Tax, small business edition and really liked it. Last year was our first year of doing taxes. It was pretty easy to follow, a couple of times I had to go back and redo some stuff before we sent it off. There is a section to put in your info for your time & space %. Like I said we liked it, and will use it again this year. Good luck !!

    Comment

    • daycare
      Advanced Daycare.com *********
      • Feb 2011
      • 16259

      #3
      Not sure it has anything to do with it or not but the three times I used it I was audited.

      Comment

      • seebachers
        Mostly lurking member
        • Jan 2012
        • 118

        #4
        have used it for six years and never had a problem.........also at the end, it tells you if you are at risk for being audited depending on your individual situation. I plan on using it again this year!!!

        Comment

        • Crazy8
          Daycare.com Member
          • Jun 2011
          • 2769

          #5
          Originally posted by daycare
          Not sure it has anything to do with it or not but the three times I used it I was audited.
          really?? I have been running my daycare for 11 years and NEVER been audited. The one great thing about having a professional do my taxes is that if I ever am audited he will deal with them for the most part. Now I'm really scared to do them myself! I don't have anything to hide but I'm not the most organized person either, LOL!

          Comment

          • Michael
            Founder & Owner-Daycare.com
            • Aug 2007
            • 7950

            #6
            Many more threads on the topic: https://www.daycare.com/forum/tags.php?tag=turbo+tax

            Comment

            • Meeko
              Advanced Daycare.com Member
              • Mar 2011
              • 4350

              #7
              I prefer Tax Cut.

              Comment

              • Crazy8
                Daycare.com Member
                • Jun 2011
                • 2769

                #8
                Originally posted by Michael
                thanks. I did do a tag search but majority of them were specific questions while using the program- not really what I was looking for in the way of answers.

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                • Unregistered

                  #9
                  Whatever you do, do NOT use TT! There was an error in their software (personal edition) and it messed my taxes up for three years. Now we owe almost $1G andTT is being very slow to deal with. We had to pay it and just hope that they reimburse us because the state put a freeze on our ability to renew our car tags.

                  Comment

                  • cherylwalden
                    Member Awaiting Status Upgrade
                    • Oct 2013
                    • 1

                    #10
                    RE: TT Review

                    Originally posted by Crazy8
                    I am guessing I would need the "small business" edition, correct?? Does it do everything a home daycare would need??

                    I've never done my taxes myself but I do have previous years returns to kind of see if I'm doing things right and I've always figured out all my totals for expenses, etc. myself so I know how to do that part. I am afraid I'll spend $100 on the turbo tax and still end up needing someone to do them. Not to mention I have to file in 10 days.
                    I have been using Turbo Tax from a long time now, like 5/6 years maybe, it has always made my tax filling easy and convenient. Although I prefer buying the software rather than going for the free online one as I always have insecurities about the free one being infected with malicious data or that it has any hidden costs or if it can be a data collection stunt online, but yes to save some money I do use those online available turbotax discount while buying which does makes a difference, and yes it wouldn't cost you $100.

                    Comment

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