Ed, for SIMPLE W-2's and 1099-R's, I completely agree.
But, if you have the need for a financial advisor (stocks, bonds, mutual funds, capital gains/losses, trusts, etc.), you may need one of those products. I use TurboTax (the application), my financial advisor uses TurboTax (online). TurboTax (the application) cost less than $70, my CPA used to charge $300 to $400.
That's pretty much exactly what I said, Marc! "If your AGI is over the limit or your return is complex (if you’re self-employed, if you have income from rental property, or if you have capital gains from the sale of stock), you’ll need to pay for software or pay someone for professional help."
I work at a CPA firm, and your advice is sound. Thanks for sharing.
Thank you, Veronica. My late father, the CPA, would be pleased, I hope.
Ed, for SIMPLE W-2's and 1099-R's, I completely agree.
But, if you have the need for a financial advisor (stocks, bonds, mutual funds, capital gains/losses, trusts, etc.), you may need one of those products. I use TurboTax (the application), my financial advisor uses TurboTax (online). TurboTax (the application) cost less than $70, my CPA used to charge $300 to $400.
That's pretty much exactly what I said, Marc! "If your AGI is over the limit or your return is complex (if you’re self-employed, if you have income from rental property, or if you have capital gains from the sale of stock), you’ll need to pay for software or pay someone for professional help."
Just helped my youngest file free! Piece of cake!