Turbo tax or hr block?

Re: Turbo tax or hr block?

• crazynervous

  March 2012

  We pay for turbo tax too right?  I don't remember from last year.

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• MirandaHobbes member

  March 2012

  We've done both. We have a house, kid, student loans, deferred comp, etc, so it's not a cake walk- but then it's not overly complicated either. Turbo Tax is about $60 after all the fees and whatnot. HR Block was $220 for us. We won't use either this year. We found a local neighborhood joint that charges a flat fee of $80. A friend recommended, so I feel comfortable using her. Turbo Tax really screwed us one year- we unded up with a $4000 rebate that we later (2 years later!) found out was given improperly (TT said we qualified for a certain huge tax credit which in fact we did not). TT paid the tax penalty, but we still owed the liability. HR Block was good and very thorough- but overpriced, imho. DH usually does our taxes but every once in awhile he likes to check in with a professional to see what's new and make sure we don't miss anything. This year we additionally had a re-fi and DH took money from his 401K so we wanted to make sure we hit our bases.

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• buffalo_buckeye member

  March 2012

  I know Turbo tax can be frustrating, but I would keep trying/try to contact someone through there that can help you before going to HR Block.  I have had 2 very bad experiences with them; and they are expensive for the quality of work they do.  

  We normally use TT, but 2 years ago we had a ton of confusing stuff (relocation package, 2 states) and HRB had our stuff reviewed by 4 different people, kept giving us the runaround and still said "we 'think' this is right".  HUH?  Anyways, if you still can't figure it out using TT, I would look around for a small company to do it.  

  

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• ali2005jason

  March 2012

  DH has always used HR Block since he started paying taxes but this is his last year. We are tired of paying the almost $350 fee that goes with it...
  

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• MrsStubbs member

  March 2012

  Depending on your income, if you go to irs.gov and click on the free file link, it will take you to a bunch of IRS approved sites that you can file your federal return for free. 

   https://apps.irs.gov/app/freeFile/jsp/wizard.jsp?ck Here is a walk through. 

  Also, I go through and have it figure my state refund/owe and then go to my state tax site and they also have a free file that take a little more work, I just double check to make sure the amount matches what the free file site would be.  

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• surprise3rd

  March 2012

  We are self employed, have an LLC, and some 1099 income.  HR Block was going to charge us over $600 because of all the forms we need to file.  Turbo tax, when all said and done for the business, personal and self-employed was just over $200, and my DH could handle it without too much hassle.

  

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