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It's not junk depending on what you need. For us Turbotax deluxe* is very easy to use with our particular Schedule C business and easily imports our brokerage account information. I tried H&R block one year and I could not get it to properly calculate our business tax credits even after opening a support ticket.
Also - an FYI for those that used TaxAct, H&R Block or TaxSlayer online services in previous years: There is a good chance they secretly sent data about you to Meta\Facebook: https://arstechnica.com/tech-poli...with-meta/
*In previous years there were some abilities you'd get with the physical disk that weren't included in the download copy. I haven't looked this year to see if that is still the case or not
Cause Intuit, maker of TurboTax, and other tax prep software companies have paid off Congress to make sure they don't allow this to happen. It's been contemplated for years and years.
Don't forget promo code citi2022 if paying with a citi card. You will have to select the physical version. The code is good for $15 off for many items.
Wow! Surprisingly this code worked for me using my Citi MC. Thanks for posting this code!
It should. You can only deduct $3,000 in capital loses. So if you have more than that, suggestion is to sell any investments with capital gains to offset if you need to. Otherwise you can carry the loss forward for 2 or 3 years. It's not unlimited like corporations can. Remember short term capital gains and loses are netted together and LONG TERM capital gains and loses are netted together separately.
And disclaimer due to my license: always consult a tax accountant or lawyer for advice.
Why only 2-3 years? My understanding is, that you can carry over losses infinitely offsetting capital gains until nothing is left.
Apologies in advance if a dumb question but does the digital copy allow for in (phone) app filing or is there a way to get the same deal through the app. Been doing it that way for a while & find it very easy.
Cause Intuit, maker of TurboTax, and other tax prep software companies have paid off Congress to make sure they don't allow this to happen. It's been contemplated for years and years.
Yes. Intuit lobbied to get the bill that SBF's dad introduced to make tax filing easier for everyone struck down.
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Also - an FYI for those that used TaxAct, H&R Block or TaxSlayer online services in previous years: There is a good chance they secretly sent data about you to Meta\Facebook:
https://arstechnica.com/tech-poli...with-meta/
*In previous years there were some abilities you'd get with the physical disk that weren't included in the download copy. I haven't looked this year to see if that is still the case or not
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And disclaimer due to my license: always consult a tax accountant or lawyer for advice.
Sign up for a Slickdeals account to remove this ad.