See how TurboTax, H&R Block, and TaxACT software handle the complex calculations for self-employed health insurance deduction and the premium tax credit under the Affordable Care Act.
New IRS regulation makes it crucial to adjust the cost basis from 1099-B when you sell ESPP shares. Otherwise you will be double-taxed. Here’s how to do it in TaxACT.
How should you prepare your taxes, use an accountant, buy software, or do it online? You will be surprised the best method is used by the least number of people.
If you buy an expensive product at a discount, is it still a discount? What if you can buy the same product at pretty much the same price everywhere else without a coupon or a special link? Is it still a discount? I’m talking about the “discounted” TurboTax offered through financial institutions like Vanguard or […]
Am I the only holdout who refuses to use online tax software or e-file through a third party? I refuse to give my tax data to anyone except the IRS. Putting my tax data online with a third party is out of the question. I use tax software but only software I install on my […]