Re:TurboTax Tricked You into Paying to File Your Taxes (2019)
by kevin_thibedeau on Thursday February 11, 2021 @12:19PM
(#26104291)
If your tax situation doesn't change from year to year you don't need to scour the instructions. Just work through the forms using last year's return as a guide.
Re:TurboTax Tricked You into Paying to File Your Taxes (2019)
by wernercd on Thursday February 11, 2021 @12:31PM
(#26104465)
Except things change from year to year so even if YOU don't change, the underlying tax laws move over time.
Re:TurboTax Tricked You into Paying to File Your Taxes (2019)
by JadeNB on Thursday February 11, 2021 @01:18PM
(#26105133)
And there have been a lot of tax changes recently. Although my personal situation didn't change significantly, the filing experience changed more during the past administration than in the 10 years I'd been filing taxes before that, even though those previous 10 years included multiple moves and changes of jobs, and the purchase of a house.
Re:TurboTax Tricked You into Paying to File Your Taxes (2019)
by astura on Thursday February 11, 2021 @02:51PM
(#26106240)
They changed form 1040 drastically a year or two ago. Plus tax law changes from year to year.
Re:TurboTax Tricked You into Paying to File Your Taxes (2019)
by jxramos on Thursday February 11, 2021 @03:17PM
(#26106558)
They did, but the line instruction verbiage is easy enough to trace where it went in the end if you search certain keywords and phrases you can hook into the right places more or less.
Re:TurboTax Tricked You into Paying to File Your Taxes (2019)
by kevin_thibedeau on Thursday February 11, 2021 @03:35PM
(#26106758)
The new 1040 is essentially the same as 1040EZ split across two pages with the option to add more schedules as necessary. No big deal.
An example is figuring out whether I would owe taxes on the gain from the sale of a primary residence I owned for less than 2 years. Figuring that out manually took some googling, finding an IRS guide, reading multiple pages of regulations along with exceptions and determining where I stood.
Another is determining HSA contribution limits when my wife and I were in individual HDHP plans part of the year, and a family plan the remainder.