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Intuit Charges More For Previously Offered TurboTax Features, Users Livid
An anonymous reader writes: For years, the Deluxe edition of TurboTax was enough for investors and the self-employed to do their taxes. With this year's edition, Intuit removed Schedules C, D, and E, covering self-employment, investment income and asset depreciation. Those features now require an extra charge of $40. The company is getting murdered on Amazon reviews for it, with 900 users giving the software a 1-star rating.
I remember back in the days of QuickTax -- Windows users could buy QuickTax for a decent price and do their taxes. However, if you had a Mac, you needed to buy Deluxe, as that was the only version provided for the platform -- at a higher price than the Windows Deluxe version, both of which were twice the price of the regular version.
What were the extras you got? IIRC, it was the self-employment, investment income and asset depreciation packages, along with some retirement planning tools.
The other gotcha: the schedules were never updated until AFTER the early filing deadline, which meant I always had to file an update once I'd re-calculated for actual retirement values/contributions.
Well, it's been around 15 years now since I ditched Intuit for a web-based alternative that just works (I get tax refunds now within two weeks of filing), and I see absolutely no reason to go back, or recommend anyone else uses an Intuit product. This is just another nail in the Intuit coffin.
But I hear they're one of the best places to work....
Maybe I can understand the self-employment schedules as an upcharge, but Schedule D?!
That's something the average American household should (hopefully) be needing for their investment savings.
Owning a few mutual fund shares should hardly be an esoteric tax topic!
Plus, ya know, ahhh Bitcoin. (Just kidding)
If you're self-employed, have investment income, or asset depreciation, you probably already do your taxes with a real CPA. If you aren't, you probably should.
Sounds like something a CPA might say.
Intuit top management got a huge pay raise in 2014. That money's gotta come from somewhere.
According to one article you can call them to complain and get a free upgrade to the version you need or send a scan of your receipt to H&R Block and get a free version of Tax Cut that has all the forms. Personally, I prefer the former so Intuit knows they have an unhappy customer serious enough to call them on these shenanigans.
ASCII tastes bad dude.
Binary it is then.
Your fake incredulity notwithstanding, most people do not have the cash for that. They have to pay bills.
Pretty much:
http://www.fool.com/retirement...
If they had just said "Hey we're raising prices" rather than hiding the price increase by removing features and making you pay extra for them, they'd probably have come out ok- a bit of a hit from the higher prices, but not too much. The dishonesty of this is what's killing them.
I still have more fans than freaks. WTF is wrong with you people?
Only a retard does there own taxes. There is a reason you don't do them even if your technically competent to do them. If your competent to do them then you shouldn't have a problem being able to afford to have a CPA take care of them.
I'm guessing you do your own taxes? ;)
I want peace on earth and goodwill toward man.
We are the United States Government! We don't do that sort of thing.
Sorry, I live in a country where if they want to tax me they make the effort to work out what I have to pay instead of expecting me to do their work for them.
"Wait. Something's happening. It's opening up! My God, it's full of apricots!"
Link
It is much cheaper, has equivalent features, and better technical support than TurboTax. I started using this back when TurboTax added horrible DRM to their offering, and have never looked back.