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In this TurboTax review, tutorial, and walkthrough, Logan Allec, CPA gives his opinion on the TurboTax software for use in preparing 2022 tax returns due in 2023. He also goes over TurboTax vs. H&R Block. Having been a CPA for over a decade, Logan has ample experience with all kinds of tax preparation software and is excited to share his knowledge with you in this video.
My TurboTax Link: https://moneydoneright.com/turbotax/
My Personal Finance Blog: https://moneydoneright.com/
My Tax Relief Company: https://choicetaxrelief.com/
My Form 1099-K Video: https://youtu.be/gTwYvxJ6btc
Table of Contents:
0:00 TurboTax Review 2022-2023
0:41 Today’s Sponsors
1:55 TurboTax Free Edition
4:50 TurboTax Paid Editions (Deluxe, Premier, Self-Employed)
6:30 How Did You Do Your Taxes Last Year?
6:58 Signing Into TurboTax
8:09 Inputting Your Basic Personal Information
9:04 Your Marital Status
9:51 Other Basic Personal Questions
10:07 Big Picture Income and Deductions
11:13 Marketing Consent Form
12:52 More Basic Personal Information
13:53 Inputting Your Dependent(s)
17:00 Even More Basic Personal Information
17:26 Filing Status Determination
17:43 You Have to Input Your Phone Number
18:37 Plus Upsell 1
20:10 Inputting Your Income
20:35 Inputting Your W-2
25:10 Running Refund Amount
25:25 Uncommon Situations
25:38 Potential Other Income
25:47 Foreign Bank Accounts, Trusts, and Financial Assets
26:50 Form 1099-K DRAMA and CONFUSION!
33:20 Disaster Distributions
34:02 Digital Assets
34:11 Complaining About the Form 1099-K Issue
35:00 Inputting Your Deductions and Credits
37:00 Child and Dependent Care Credit
39:43 More Uncommon Situations
40:12 State Taxes
43:20 Plus Upsell 2
43:26 Revisiting the Form 1099-K Issue
50:25 TurboTax Pros and Cons
I may be compensated if you use the links above.
Have you ever used TurboTax? If not, how do you file your taxes? Let me know in the comments below!
#tax #taxes #taxsoftware
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