TurboTax 2001 Deluxe

Monday, September 5, 2011

TurboTax 2001 Deluxe

Taxpayers who have progressed beyond the 1040EZ know that money can't buy happiness until after April 15. TurboTax 2001 Deluxe can't deliver happiness, but it can make federal tax preparation a lot easier for just about everyone.

Installation of TurboTax Deluxe is quick, and a linked series of wizards helps users compile all the information they need. Back-and-forth navigation is simple; the software keeps track of which steps have been skipped and returns as necessary. Users who must pay state taxes need only type in their information once if they use a TurboTax state package (free after rebate with TurboTax Deluxe, Premier, or Home & Business).

First-time users would be well-advised to ask a knowledgeable friend to help out. Although much of the hard work is done automatically, some decisions are far from intuitive and may require some detective work. The copious online help functions are both smart (they often answer questions before they're asked) and thorough; this goes a long way toward easing users' troubled minds. Data entry is relatively painless, especially for returning users, who can port in last year's information and edit as needed. When it's all over, every form is printed out complete with everything but signatures, or users can opt for easy electronic filing.

New features such as the Tax Law Advisor will not only help with your 2001 return but help you plan for the future as well. And everyone knows that planning ahead is always a good investment. --Rob Lightner ...Read more

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Quicken TurboTax Deluxe is packed with money-saving advice and helps you take advantage of the new tax laws. It guides you through your tax return step by step, does all the calculations, and checks your return for errors and overlooked deductions. It lets you print IRS-approved forms on plain paper or file your return electronically to get your refund faster.

The Tax Library is a complete collection of resources packed with information and tips about the tax law changes. It includes Money magazine's Income Tax Handbook, official IRS publications, a tax Q&A, and expert video advice. The new Tax Law Advisor points out ways that the new tax laws affect your taxes this year and in future years. Comprehensive tax planners such as the IRA Planner help you choose the best IRA for your situation with just a few mouse clicks. ...Read more

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