How can I owe money to the federal government for contributing 1000 dollars to a roth IRA? That makes aboslutely no sense. That money was already taxed. Why am I paying more...
Cons: Time consuming, Hard to prepare, Hard to import documents
I like the easy questionnaire and the fact it imports my previous returns! I keeps track of last year's AGI and even things like IRA baseline or whatever the name is. Ah! I was also able to import the W2 directly which otherwise is prone to errors. Likewise with investment 1090s directly from the investment institutions, a life saver. Price is super comparable.
had issues getting 1099 Misc for rents and another for royalties to process properly. Since 1099 misc for royalties was only $3, I just omitted it to get taxes to calculate properly.
Have used this product the pasts several years. While tax law changes, this product is always "right there". I'll use it again next year, if we get past COVID.