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More…TurboTax Premier is tops for detailed data entry, but that thoroughness requires patience: I had to download 15 updates plus the state program, and repeatedly during this time-consuming process TurboTax presented the message, "Checking for updates is taking longer than expected. Do you still wish to continue?"
Intuit TurboTax Premier Investments 2006 (Full Product)
Pros
Detailed interview, great tax help.
Import abilities reduce data entry chores.
Cons
Pricey.
Update downloads can be slow.
TurboTax Premier Investments 2006
TurboTax Premier Investments 2006 (Full Product) Review, by Vanessa Richardson, PC World March 2, 2007
TurboTax did provide a quick workaround by offering to let me start the tax-preparation process without downloading the most current tax forms and instructions, but I felt uneasy about doing that in a year when the IRS is making so many last-minute changes and additions.
If you used TurboTax last year, and your job and living situations haven't changed, you can save a lot of time by importing your 2005 tax file. This eliminates the need to retype a load of personal information such as addresses, Social Security numbers, names of financial institutions, and employer ID numbers.
With TurboTax, I could follow the interview step-by-step or tailor the process to fit my personal situation. The program also showed me which topics I had visited so I wouldn't inadvertently overlook one. The desktop software mirrors the online version with one exception: The desktop TurboTax shows the IRS forms, and TurboTax Online doesn't. You can go directly to a form and enter data, which gives you a quick sense of where you are in the process and whether you've made any data-entry errors.
Also, each data item on a form has a "magnifying glass" link that takes you to the relevant tax worksheet with details behind the dollar amount on the IRS form. So, for example, when I wanted to see the details behind the interest income figure on my tax return, I could quickly look at the worksheet details to make sure I had entered all 1099-INT numbers. Online, I would have had to retrace my steps in the interview process.
On the whole, TurboTax is the most comprehensive tax software package and provides the best guidance for entering information. Its multiple links on every page led to information about specific topics when I needed to learn more. The $80 price is no bargain, but I felt buyers will be getting what they paid for and then some.
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User Reviews
Average User Reviews for Intuit TurboTax Premier Investments 2006 (Full Product)
1 Review Add your own »
- Latest User Reviews 1 review
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Reviewed by: wkyongae
Duration of ownership: 3 Years
Strengths: Easy to use step by step procedure. More then fair tier pricing.
Weaknesses: Would like the online and the store bought to match.
Overall: I would and do advise people to use Turbotax at least as a way to compare your current tax prep. service. No cost for the online version until you want to print.
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User Reviews From Around the Web
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Reviewed by: markbrogers
Strengths: Works with Quicken or Quickbooks
Weaknesses: Missing some forms
Overall: I have been using turbo tax since it came out in Dos in 1990. In those days it was pretty crude but it now works great with Quicken or Quick Books. You can "force" Quicken to do things that it isn't suppose to do, such as calculate net income per investment property. The biggest advantage to Turbo Tax is that it ports everything over from Quicken and Quickbooks. I rate it the best in its price category.
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Reviewed by: karynleigh
Strengths: Thorough, accessible, intuitive
Weaknesses: Listed two currency "exchanges" as an investments in automatic download from my financial institution. Did not recognize all codes from my W2 forms.
Overall: Overall, I had a positive experience with Turbo Tax Premier and would use it again in the future. It is thorough, relatively easy to use and my Federal return was accepted by the IRS first time through by electronic filing.
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