I have used TurboTax home and business for many years and I have been using federal web sites for years.
TurboTax works great. Not one federal web service works well, if at all
That’s good. Their newest ad features a homosexual couple filing taxes. Or something like that.
Based on the history of government computer systems, the first year or two will be a horror show.
In other news today the IRS announced another pilot program called tax matching.
Qualified minority taxpayers can file their taxes free and the IRS will match their tax payments resulting in an offset and zero tax.
The only sound financial path for the US and elsewhere is to terminate fiat toilet paper that happens to have lots of green ink on it, and institute Constitutional money backed by PMs.
” known as Direct File, that will offer a free way to submit taxes for U.S. workers”
1/2 the country has no federal tax bill.
the other half have the wherewithal and inclination to keep private and pay as little as legally possible.
This seems like a solution in search of a problem.
That’s Great Big Goobermint in one small package.
The IRS used to help taxpayers file their taxes, up until roughly 1955.
Then they stopped the assistance, first in Kansas City.
Henry Bloch and his brothers started helping the stranded taxpayers, and in the Spring the H&R Block tax prep services started.
I am sure that the IRS wants to copy European countries that send out a completed “1040” for signature.
I am also sure that American trust in the IRS can go even lower, starting with this mistake.
We can’t call the IRS and expect an answer, and incorrect answers from IRS agents are not actionable.
I’ll gladly pay TurboTax to be the go-between between the
IRS and myself.
Yeah, let the IRS run my taxes for me? What could go
wrong?
Once the IRS drives others out of business, watch how it
turn things into a horror show.
Not interested in the slightest.
if the national sales tax ever gets passed with the simultaneous permanent elimination of the income tax, turbo tax would go belly up.
Intuit has been working had for over 20 years to deliver software to end users. Part of that effort has resulted in less work for bookkeepers, payroll processors, CPAs, and so on.
Intuit has numerous connections and data access to IRS and state income tax agencies. With everything Intuit does and owns it seems anything the IRS does will be insignificant to the bottom line.
Does anyone else remember when Trump first ran for president that he promised to make the filing form much easier and smaller? “The form will be the size of a postcard.”
Filing has only gotten more complicated. You have to fill out additional forms to determine amount to put on “capital gains” line on form 1040.
I tried the free electronic filing. They still require filer to do all the calculations and then enter the results on the E-form. I gained nothing by e-filing.
I haven’t used TuboTax in years. I use FreeTaxUSA every year and it works great.
That doesn’t sound like competition for TT. It’s basically just the 1040EZ crowd, and it’s just federal not state. TT already has a free option for exactly that crowd.