I had to purchase this because the online product FAILED! Should have purchased this in the first place like I used to do year after year before the online app was available. This is always reliable.
Works really efficiently, and as expected. Have been using it for years now, ever since Turbo Tax became user unfriendly. Never looked back, never regretted it.
Tried this at a significant other's urging after using a local CPA for years and will never make that mistake again. Can't ask questions throughout with someone that knows you and your history...it's a tedious process that's much slower than asking questions in person. There are many points where the software asks about obscure items but does so in a matter-of-fact way (like, input your income from milking ferrets), instead of a simple, guided process using questions to determine if you need to figure out income from milking ferrets. Spent a lot of time dealing with stuff not relevant to me with dated user interface and without any way to know exactly what info was needed up front.
Like the convenience and ease of data entry. Software can import from another software. Also like that my grandsons can also do their IRS returns with my purchase.
Generally, the product makes it relatively easy to do your own taxes at a cost that is much lower than hiring an accountant. If more people did their own taxes, and understood how the tax laws worked, they would be more politically enlightened, and would make different decisions at the ballot box. I will repeat an area for improvement for the product that I have expressed before, and that is dollar rounding. Various entities report your tax information to the IRS down to the penny, and it is a bit distressing that the dollar rounding of the program can cause the final amount that is entered on form 1040 to be significantly different from what is reported to the IRS by those entities. This is particularly true for me with the number of stock and options transactions that I do in a year. If you have a large number of transactions, and each transaction is rounded up or down, the final gain/loss calculated by the program can be significantly different from what your broker reports to the IRS. Part of the problem is the excessive over regulation by the IRS that requires each individual transaction to be documented, as opposed to just reporting the bottom line gain/loss, but that’s another conversation. Let’s face it, it’s a computer program. The computer certainly has the ability to deal with the numbers to the second decimal point. I’m guessing the guidance from the IRS about rounding is a holdover from the past when all tax returns were done on paper, and the math was done by hand, or by calculators. At a minimum, the program should keep all preliminary calculations to the penny, and only round the amounts entered on the major forms (1040, schedule A, B, etc) to the dollar. But again, since the math is done by your computer, why round at all?