One of the people I do taxes for has Pennsylvania income. PA has a website where you can fill out the forms and submit electronically. I wish every state had that. In Michigan, to electronically file, you have to use a third party (like TT) and it costs $20 to file. Only way around it is having a low income level and using one of the free tax prep options.
I have been using free online software but things have gotten more complex now and I want to try a software that is easier to work with.
I sold some of my Roth conversion and triggered an early withdrawal penalty (I am 64 y/o but missed the 5-year date). I can't figure out how to clear things up using the FreeTaxOnline software.
It would be nice if I could load the files from Fidelity/TDA directly into the tax software. Mostly 1099-R forms but a lot of time to enter everything.
Any recommendations are welcome.
Would also appreciate help on figuring out the implications of the early withdrawal. Fidelity's 1099-R Box 7 showed a Distribution Code "T". Box 1 showed Gross distribution amount. All other boxes were blank.
I have been handling my own taxes for about 30 years.
H&R Block was free for over 20 years but not sure why they aren’t now?
I use Cash App which is free.
I also use Cash App. Very user friendly handles all my retirement accounts.
Parent company is credit karma which is excellent for credit monitoring and both are totally free
I've used the H&R Block program and it's predecessors since about 1989. (The program descends from one of the first available tax programs for DOS called "Ask Dan About Your Taxes". I kid you not) I've never had a problem and I'm now on an annual subscription for Deluxe + state which costs me $24.99 per year.
Me too! I started using it in 1988 when MECA started selling for Daniel Caine as Andrew Tobias' Taxcut. (I was also using Andrew Tobias' Managing Your Money at the time) Still have my 1988 return printed on a dot matrix printer. (remember those?) Used it every year since. Name changed to Kiplinger Taxcut one year, then H&R Block Taxcut, then H&R Block At Home, and now as H&R Block Tax. It will always be Taxcut to me.
Is everyone comfortable with providing a username and password for TurboTax to TDA and Fidelity?
I don't like to provide my password to ANYONE.
I've been using TurboTax for over 20 years. I've been getting TT Premier for free from Fidelity for several years now. So not going to stop using it now.
Is everyone comfortable with providing a username and password for TurboTax to TDA and Fidelity?
I don't like to provide my password to ANYONE.
I also use Cash App. Very user friendly handles all my retirement accounts.
Parent company is credit karma which is excellent for credit monitoring and both are totally free
Is Cash App like paypal, or does it serve another purpose?
Do people still do taxes when they're in their nineties? ....asking for a friend. ��
I did not have to do this. I just rechecked it, and with a VG brokerage account all you need is the account # and document ID. With the old VG mutual fund account you would need to give them username/pw. That's a good reason for allowing VG to convert you to a brokerage account.With Vanguard, you do provide your username and password to TT. I don’t like it, but I’ve done it ever since it was possible to do it with TT, and never had an issue.
I did not have to do this. I just rechecked it, and with a VG brokerage account all you need is the account # and document ID. With the old VG mutual fund account you would need to give them username/pw. That's a good reason for allowing VG to convert you to a brokerage account.
Do people still do taxes when they're in their nineties? ....asking for a friend. ?