TurboTax Premier Federal + E-file + State 2011 Review

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TurboTax Premier Federal + E-file + State 2011 ReviewI have never had any issues with TurboTax. I've used the product for at least a dozen years, even to do the taxes for a home based business. There is no issue with using the tool or the effectiveness. (Still puzzles me how Tim Geithner couldn't figure it out.) I have a few serious issues that do not affect the use of the product, just personal gripes. The first, is selecting the "right" version for you to use. Effectively, the most basic one will work for everything you need. The pricier versions provide you more "hand holding" through the process rather than just quoting the IRS language. It is a bit annoying as you enter different areas in the software, how they try to get you to "upgrade" online, with veiled threats of what might happen if you don't take advantage of their support and the IRS finds an error. Another, is the need to buy a "full version" every year. Seems to me, once you buy TurboTax, you could pay a lower fee each year to upgrade to the next year's version. Finally, there are situations such as mine where I live in a state with no income tax, yet to get the version I need, there are only versions with the State Income Tax software included. If I bought a lesser capable version, it can be bought for several dollars less without a State form as an option. These are just annoying things I am reminded of every year when I buy what I need to do my taxes.TurboTax Premier Federal + E-file + State 2011 Overview
Everything you need to do your taxes with ease.
Helps You Get the Most from Your Investments *Exclusive* Imports Your Investment InfoSaves time by automatically importing your investment info directly from your financial institution.Helps You Accurately Report Investment SalesWalks you through reporting sales of stocks, bonds and mutual funds. Automatically calculates capital gains/losses and keeps track of those that carry over to future tax returns.Determines Your Cost BasisFinds your accurate purchase price for stock sales, in three easy steps.Helps with Employee Stock PlansGuides you through reporting sales and automatically determines your correct basis for selling shares purchased at different times or different prices.401(k) MaximizerShows you how to increase your 401(k) contribution without decreasing your take-home pay.*Exclusive* Helps You Find Every Rental DeductionFinds over 20 deductions for landlords, from travel to advertising to repairs to insurance.*Exclusive* Shows Your Best Rental Depreciation MethodSimplifies reporting rental property depreciation and shows which depreciation method will get you the biggest tax deduction.Maximizes Refinancing DeductionsGuides you through deducting points, appraisal fees, recording costs, and more so you don't miss a single chance to save.Helps with New Rental PropertiesShows you step by step how to set up new rental properties.


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