Authorization

I tried 4 online tax programs, and TurboTax saved me thousands of dollars

I tried 4 online tax programs, and TurboTax saved me thousands of dollars
Jose Luis Pelaez Inc/Getty Images



For my 2018 taxes, I tested out multiple tax preparation tools online to find where I would save the most when filing my taxes.




After a new tax law went into effect, I became eligible for a deduction on profits from my business. All tax software did not treat this equally.




TurboTax correctly applied the Qualified Business Income Deduction, which saved me thousands on my taxes.




Learn more about using TurboTax on Tax Day 2020 »



As a small business owner, I'm always looking for ways to squeeze more value out of the dollars I bring in the door. The new tax law that went into effect in 2018 was particularly friendly to business owners like me, but not all self-prepared tax programs handled that new law correctly.
Here's a look at what happened and why I'm using TurboTax again this year for my family's taxes.

All tax software should be the same


There is only one set of tax laws. If you enter everything correctly, one would assume your results would be the same no matter which tax software you use. Reading through the experiences of personal finance enthusiasts on Reddit shows that most people find that to be the case.
See also:
Leave a comment
News
  • Latest
  • Read
  • Commented
Calendar Content
«    Февраль 2020    »
ПнВтСрЧтПтСбВс
 12
3456789
10111213141516
17181920212223
242526272829