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NRR: Dumb questions about Turbo Tax

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  • Mifflin Dunder

    Anonymous Poster

    15 years ago 02/10/2011 12:45pm EST

    I've never filed my federal taxes online before but I am thinking about doing it this year.

    I have a mortgage, dependents, charitable contributions, and this year I cashed out a small 401k I had. It looks like I should use TurboTax Premier because of the 401k payout.

    Here are the dumb questions I couldn't easily get an answer from the TurboTax website:

    1) Does TurboTax save my returns-in-progress on my computer or on the internet? My computer is kind of old and I wouldn't be surprised if it crashed. Can I access my returns from another computer with the same sign-on?

    2) Do I have to manually type in my W-2 information or is there somewhere on the web that TurboTax finds it with my taxpayer ID number?

    3) Do I need to mail the W-2 forms anywhere?

    4) Do they really only charge $49.95 for the Premier Edition or are there some add-ons I can expect to pay.

    Thanks in advance!

  • X-Runner

    Anonymous Poster

    15 years ago 02/10/2011 12:54pm EST
    re: Mifflin Dunder

    I will suggest using OLT.com

    Nothing to buy. Nothing to download.

    Everything saved online. Can access from another computer.

    Use it next year and your basic info will be retained.

    Manually type in W-2 info.

    Do not have to mail W2 or anything.

    Handles 401K distributions.

    $8 for them to file.

  • Mifflin Dunder

    Anonymous Poster

    15 years ago 02/10/2011 12:59pm EST
    re: X-Runner

    X-Runner wrote:

    I will suggest using OLT.com

    Nothing to buy. Nothing to download.

    Everything saved online. Can access from another computer.

    Use it next year and your basic info will be retained.

    Manually type in W-2 info.

    Do not have to mail W2 or anything.

    Handles 401K distributions.

    $8 for them to file.

    Thanks for the lead! I have never heard of them.

  • registered

    brogan1

    Member since 04/01/2005.

    2,203 posts. Last post 10 months ago.
    15 years ago 02/10/2011 1:02pm EST
    re: Mifflin Dunder

    1. Saves on their servers. You can access your records from any computer.

    2. Maybe. It depends on your employer. I have two W2 forms this year from separate companies. I have to type one and the other Turbo Tax can just fill in on their own.

    3. I'm really not sure. I always filed online but then printed out the finished form and mailed it along with my W2. If you are sending it online then that may be different.

    4. I don't know, I always did the Free edition.

  • I was you, 25 years ago

    Anonymous Poster

    15 years ago 02/10/2011 1:08pm EST
    re: Mifflin Dunder

    I have used Turbotax for 4 years. I think it is a great way to file. I would use the free version and pay the 19.95 to file.

  • registered

    shifty

    Member since 05/24/2009.

    44 posts. Last post 14 years ago.
    15 years ago 02/10/2011 1:25pm EST
    re: Mifflin Dunder

    3. You do not need to mail w-2s if you e-file, you do mail them if you print and regular file

    4. There is an extra charge to file a state return through Turo-tax, overall it works pretty well

  • chriscross

    Anonymous Poster

    15 years ago 02/10/2011 1:48pm EST
    re: Mifflin Dunder

    2) Do I have to manually type in my W-2 information or is there somewhere on the web that TurboTax finds it with my taxpayer ID number?

    - I think you may be able to pay for this service, but otherwise, yes.

    4) Do they really only charge $49.95 for the Premier Edition or are there some add-ons I can expect to pay.

    I don't think you "have" to spend anymore than that.

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