who has done turbotax?

[sosoe]

Mine was denied due to wrong PIN

[The King]

I dont know how people get huge legit returns. I got $1400 last year so this year I decided to pay in alot more in hopes of a big return. I ended up getting $1700 instead. The difference is my wife only worked 3 months in 2010 and all of 2011 so I guess we got bumped into a different tax bracket.

You could offset that by contributing more to a 401K if you have one or an IRA. That might keep you in a lower bracket or at least reduce the amount being taxed at a higher rate.

I try to set our withholding so that we receive either a very small refund or owe a small amount, rather than withhold more to receive a bigger refund (with no interest paid).

[Lason]

I dont know how people get huge legit returns. I got $1400 last year so this year I decided to pay in alot more in hopes of a big return. I ended up getting $1700 instead. The difference is my wife only worked 3 months in 2010 and all of 2011 so I guess we got bumped into a different tax bracket.

[Silverback]

With turbo tax I take it?

yup

[Treybiz]

filed mine last week, refund was direct deposited today.

With turbo tax I take it?

[Silverback]

I've used TT for several years - generally I'll have my return direct deposited within a week. The closer to April 15th, the longer it takes though to get any return.


I've known people who were getting returns of 18-20k. they were doing shit like claiming clothes and resturants as business expenses.

It was all a red flag to me - you can't make 50k and then get a 20k return without doing something illegal or extremely stupid.

The most i ever got back was about 6k because of a burglary where I didn't have renters insurance. (not even close to what I lost though - Learned a big lesson there)

I get a pretty decent return because of paying for school, but nothing like that

[Silverback]

filed mine last week, refund was direct deposited today.

[01vnms4v]

LOL @ turbo tax. I only use a CPA and he drives a Lambo so he must be doing something right.

Didn't that CPA guy here drives a LAMBO? Yellow?

Or was that back in Canada


Speaking of LAMBO's... Where is that guy that had two of them?

[GhostTX]

I've used TT for several years - generally I'll have my return direct deposited within a week. The closer to April 15th, the longer it takes though to get any return.


I've known people who were getting returns of 18-20k. they were doing shit like claiming clothes and resturants as business expenses.

It was all a red flag to me - you can't make 50k and then get a 20k return without doing something illegal or extremely stupid.

The most i ever got back was about 6k because of a burglary where I didn't have renters insurance. (not even close to what I lost though - Learned a big lesson there)

We were blessed a lot this year and we've donated a lot more to charity, well above our "normal" donations so I'm nervous on what my return results will be. I don't want any flags to go up.

[Binky]

I've used TT for several years - generally I'll have my return direct deposited within a week. The closer to April 15th, the longer it takes though to get any return.


I've known people who were getting returns of 18-20k. they were doing shit like claiming clothes and resturants as business expenses.

It was all a red flag to me - you can't make 50k and then get a 20k return without doing something illegal or extremely stupid.

The most i ever got back was about 6k because of a burglary where I didn't have renters insurance. (not even close to what I lost though - Learned a big lesson there)

[Treasure Chest]

I keep wondering when the Fed will start handing out I.O.U.s like California with the debt...

I've wondered about that.

[GhostTX]

Good luck. I e-filed mine last month, got the acceptance email on the 30th and it finally showed up in the 'where's my refund' system with a target date of Feb. 21 for deposit.

I keep wondering when the Fed will start handing out I.O.U.s like California with the debt...

[Treasure Chest]

Typically, 10-14 days through E-file direct deposit.

Good luck. I e-filed mine last month, got the acceptance email on the 30th and it finally showed up in the 'where's my refund' system with a target date of Feb. 21 for deposit.

[bjtheman1]

Typically, 10-14 days through E-file direct deposit.

[Doug Hatton]

Yeah, that one suprised me, although I think I got it last year too. I've used Turbotax for the last 5 years or so. Super easy to use. My return mostly consists of filling in my income, listing my interest on my home loan, taxes, and having them e-file it for me. It does help remind you about little things that you might not have thought of. Mine said 7-14 days when direct deposited I believe... maybe 7-10...

State/local sales tax deduction FTW, expect that to go away for the 2012 tax filing though. That would be the tipping point for us to go back to using the standard deduction.

Used FreeFile this year with the fillable forms. No hassle, no cost.