![]() Importing W- Forms Directly From Providers Please share in the comments if you used this feature. I did not use the option to try and import a previous year’s return from another provider like TaxACT or H&R Block. I think most other competitors do this as well, however. This did feel rather convenient, and it helped make sure I didn’t forget any 1099s from old bank accounts. For example, all my Employer Tax IDs and addresses were pre-filled. They also had all my old W- providers to reduce my data entry needs a little bit more. Filing status, dependents, address, DOB, SSN, etc. If you used TurboTax the previous year, it will pull up all of your old tax information. For example, after entering in my property taxes, it said something like “Good news! The $X,XXX you paid is deductible and just reduced your tax bill!” The software’s “personality” was more friendly and positive.It should have asked me first if I actually wanted to figure these things out. ![]() For example, just entering a simple $700 1099-MISC from some random bonus deal led me down a 5-minute rabbit hole where TurboTax was trying to decided if this was really a W-2 job or independent contractor pay, if it was a business or hobby, and if I could deduct my cell phone usage and mileage for it.
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |