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I've run into dead ends with other apps, but TurboTax has always been able to handle anything I've needed. I have an investment portfolio that includes international exposure, so I need to enter foreign tax details. When I moved from Oregon to California in 2016, I needed a program that could cover both of those examples. Some tax programs struggle with things like years split living in two states, managing how foreign taxes paid on investments impact your US taxes, and other less-common needs. As one of the top two tax preparation services in the US, the team behind TurboTax has run into just about every possible tax scenario a US filer could experience. Millions of people use TurboTax to prepare and file their taxes every year. TurboTax handles just about any form or situation I started doing my own taxes in 2014, and have never seriously considered going back to a paid tax preparer since. I can type my income and deductions into a form just as easily, and more accurately, without paying someone else to do it for me. While you don't usually see it, most accountants use a program very similar to TurboTax to handle all of their clients' needs. While accountants know a lot about the tax code, they are human and far from infallible. I know my bank accounts, investments, businesses, and spending inside out. That was the moment I realized I know my money better than anyone, including an accountant. The last year I used the accountant, I found a handful of retirement account transactions treated as taxable, which would have cost me hundreds of dollars on my taxes if it hadn't been fixed. Two years in a row, I found some mistakes when reviewing my tax return before sending everything into the IRS. I stuck with this accountant for about a decade before deciding to take things over myself. My parents have used an accountant to file their taxes as long as I've been alive, so I dutifully signed up with the family accountant when I was 16 and got my first job that required I complete my own tax return every year. I've tried TurboTax, Credit Karma Tax, H&R Block Online, and TaxAct for my taxes, and all did a fairly good job of handling my somewhat complex financial situation.īut for my taxes, where I have multiple businesses in addition to my investments, mortgage, and family to account for, TurboTax is my top choice. To avoid the stress of filing on the very last day, it's a good idea to get an early start on gathering your tax forms and pulling together anything else you may need for Tax Day 2020. That means you have a limited window to complete your tax forms and ship them off to the IRS. Let's just skip the joke about death and taxes and get right to it: The deadline to file taxes for 2019 is about three months away. By clicking ‘Sign up’, you agree to receive marketing emails from InsiderĪs well as other partner offers and accept our