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Old 11-24-2010, 10:38 PM   #21
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Last year they had free e-file with this version of TurboTax...

It is a chance for them to up-sell and steal market share from Taxcut.

edit: (just installed.. this year's version has free e-file as well)

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Old 11-24-2010, 11:51 PM   #22
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Originally Posted by Retire Soon View Post
Looks like a good deal. Has anyone out there used TurboTax Basic who owns rental property?
Never used it for rentals but typically the more advanced versions of Turbo Tax will walk you through the topic, ask questions, and 'hold your hand' as you fill in the necessary forms. The basic version will likely only do that for the most standard topics so you may have to do it manually. TurboTax does recommend using their Premier version for rental property.

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Old 11-25-2010, 08:44 AM   #23
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You can also get TurboTax Basic from Vanguard for free if you have enough assets wtih them. I've done it several years lately, including free efile.
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Old 11-25-2010, 10:20 AM   #24
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Originally Posted by Midpack View Post
You can also get TurboTax Basic from Vanguard for free if you have enough assets wtih them. I've done it several years lately, including free efile.
I'll qualify for this freebie next tax year.
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Old 11-25-2010, 10:48 AM   #25
Recycles dryer sheets
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Originally Posted by REWahoo View Post
I find having the program in December is handy for determining a number of end-of year tax issues.
Same here otherwise need to play with spreadsheet, I need to convert to roth and need accurate estimate to avoid recharacterization. Need to take advantage of 0-10% tax bracket.

I guess one can also get taxact for free, looks like now for 2010.

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