[Updated on Feb. 5, 2017 with updated screenshots from the 2016 software.] I wrote How To Report Backdoor Roth In TurboTax some time back to help people navigate TurboTax to account for backdoor Roth on the tax return. This article shows you how [...]
2015 Tax Software: Smaller Price Difference
Last year, Intuit, maker of TurboTax, tried to force users to upgrade based on what tax forms and schedules they needed. They met a big outcry from customers. When the dust settled, their CEO apologized and they put all the forms and schedules back [...]
Adjust Cost Basis for ESPP Sale In H&R Block Software
The new IRS regulation for ESPP shares acquired in 2014 or thereafter requires adjusting the basis. Otherwise you will be double-taxed on the discount. Reader Roger asked me how to do it in H&R Block software. If you use TurboTax or H&R [...]
