I finished filing my taxes today with Turbo Tax online. You can file for free if you have an online account with State Farm. Log in to your account and look for “Free Tax Filing” on the left menu bar. I had downloaded the free version of Tax Cut, and I was using that to gauge how much my return would be. I was going to file with Tax Slayer like I did last year, but they charge $9.95 to e-file. Last year I used Turbo Tax (I got a free download) to gauge my return, then I filed with Tax Slayer for free. Tax Slayer got me about 410 more than Turbo Tax said, but Tax Slayer was a little more complicated than Turbo Tax.
This year, TaxCut said I was going to get about $1900 for my federal return. This didn’t seem bad, but when I ran Turbo Tax, I got over $4000 back in my federal return. Add in over $1000 for my state taxes (I lived in Kentucky part of the year and Indiana the other part), and I am looking at a very nice return. I do not know what the differences were between the two programs, but the data I inputted was exactly the same. I probably should have checked with Tax Slayer as they may have had a better return, but I am happy with what I got.
The point of this post is if you are going to do your own taxes, you may want to try as many options as you can. I got an extra $2000 or so out of switching to a new tax program. I know people out there are probably saying there must be something wrong here because of the big difference in the returns, but I signed up for Audit Protection so I would not have to deal with it. I also do not see how anything could have gone wrong as I inputted everything directly from all the documents I had. They also have all those error checkers on the program, I would hope that would not let you file a return that was so far off.
Good Luck filing everyone.download beyond the law aka fixing the shadow divx
Such a large difference shouldn’t be possible. These programs are like fancy calculators. If the inputs are truly the same, the result should be the same. Or else TurboTax will love to hear your endorsement. Audit Protection will only cover calculation errors, not data input problem. I think you should take a closer look at the tax forms the two programs produced and see where the difference comes from. Is your filing status the same? On which line do the numbers start to differ? And why?