Being Self Employed, I used to do my own taxes in my early yrs. and yes used Turbo tax and everyone else on and off the Planet..
But, It also is upto the Individual to Put all the figures together accurately and not make mistakes..and having a couple of Update Books like JK Lassers and a few others handy..
Then Making even one Little Mis Interpetaton? And Bingo! You have an Audit....Ever go thru an Audit? You should.. It can take Not just a few Hours and you done, Try Returning over serveral Days! Not to mention all the stress and anquish overnite, while your 2nd Guessing yourself..
and I was just Lucky not to be audited sooner and more often...
My Audits always came out Fine, just Some Mistakes and Paid the Minor taxes.. but none the less.. It just wasn't worth it to me to Be a " Penny Wise and Dollar Foolish"...
And if your financially able to Retire Early? You should be able to afford to use a CPA Firm or a Enrolled Agent Firm and pay the man as they say.. Mine cost me about $750-$1,000 yr and they do it ALL..
Sure, I keep the Monthly records, but turn them over to them per their Forms filled out and everyone is a happy camper..
and as investments get more complex? You need a More Attuned to detail person than just yourself...that has checks and balances... they triple ck their figures... and then another person looks them over again..
For avearge Income and working class? Sure let them play with their Turbo tax programs..but if your making DECENT $ and are a Pro? Why not hire a Pro in that profession .. Don't be a "Penny wise and a dollar Foolish"
and we all are finanically able too, so why bother doing anything else?