The tax season is over unless you filed an extension. If you had angst in filing your taxes you are not alone. ProPublica published this report about a month ago blaming it in part on the tax software companies: Filing Taxes Could Be Free and Simple. [...]
Import Quicken Downloads To Microsoft Money On Windows 10
I bought a new laptop. It has Windows 10. Getting Microsoft Money to run on it the way I wanted took a few tweaks. I'm documenting them here in case someone else also wants to do the same thing. Microsoft Money is a software program on Windows for [...]
Stop Wasting Money On Doing Your Taxes
The power of free is somehow escaping people when it comes to filing their tax returns. Over 50% of all taxpayers can do it for free but they still choose to pay hundreds of dollars every year to get it done. I read Are You Paying Too Much for [...]
How To Report Backdoor Roth In H&R Block Software
[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 [...]
How To Report Backdoor Roth In TaxACT
By request from a reader, I give a walkthrough for how to report backdoor Roth in TaxACT. If you use TurboTax, see How To Report Backdoor Roth In TurboTax. If you use or H&R Block software, see How To Report Backdoor Roth In H&R Block [...]
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 [...]
Tax Software Bake-Off: Self-Employed Health Insurance and ACA Premium Tax Credit
Here's an update on how different tax software handle the issue of self-employed health insurance deduction and the premium tax credit under the Affordable Care Act. First a quick recap. If you are self-employed and you buy health insurance from [...]
Adjust Cost Basis for ESPP Sale In TaxACT
The new IRS regulation for selling ESPP shares acquired in 2014 or thereafter requires adjusting the basis. Otherwise you will pay double-tax on the discount. Reader Sam asked me how to do it in TaxACT. If you use TurboTax or H&R Block software, [...]
Mint and Personal Capital vs Quicken and Microsoft Money
Reader Andrew read my series on looking for alternatives to Microsoft Money (I ended up staying with Microsoft Money after all). He asked me why I use a desktop application such as Microsoft Money or Quicken as opposed to a new generation web and [...]
