TurboTax 2006 and electronic filing

In previous years, TT would charge for the state Tax Return and Electronic filing but would eventually rebate those fees to the purchaser. This year the state return was a freebie and electronic filing is a fee with no rebate. This will be my first year since I started using TT (2000) that I will not be electronically filing. I will print the forms and use a 39 cent stamp to mail rather than pay a $9.95 or $14.95 fee. I am getting a small federal refund (

Reply to
Dennis G. Rears
Loading thread data ...

Wow.. you have TurboTax 2006 already?

Reply to
Scott Lindner

I stand or sit corected... I have TY 2005 TT...... Thank you for your very informative post.

dennis

Reply to
Dennis G. Rears

I am shooting from the hip here; but I don't think TT ever rebated your state filing fees, did it? I still have an old 2003 TT box sitting around, and it only references the Federal efile rebate. I think one always paid for State efiling fees through Intuit.

Now your comment "The IRS has goals for electronic filing and I think this change in policy is going to negatively impact electronic filings.".... Probably so, but that is a change in Intuit's policy, not the IRS. From what I understand, the IRS per se does not charge for efiling, but requires a certain process (strict software regulations, transmission file types, and the like) that is done by the 3rd party software companies like Intuit as individuals would have an terrible time dealing with the requirements. So your fees are really going to the 3rd parties, not the IRS.

I for one have never seen the true benefit for efiling if it costs me. It is NOT worth my spending $9.95 to get a $500 rebate that much quicker. (That's 2%, more than my bank pays me for my savings account!). If I thought that, I would have planned better during the year not to have given them MY money during the 12 months through deductions only to have to get it back at the end of the year without interest (!). And on the flip side, I certainly wouldn't spend that if I owed money for my return. The only benefit I see is that one does get a formal acknowledgement they received your return electronically before the due date (a certified receipt from the USPS doesn't prove that.)

I don't know if it is possible, but I wish the IRS would allow those of us who use a 3rd party efiler to give us a tax credit on our returns for using efiling. It seems unfair that some people can do this for free through a program they have (with income restrictions and the like) when in reality, using efiling cuts down on their processing and labor costs, but we don't share in the benefit.

Reply to
Andrew

I'll probably e-file again - even if not rebated, because my return is quite bulky and it is very quick and easy. I only print the copy for my files.

Reply to
Jim T.

I'll probably e-file again - even if not rebated, because my return is quite bulky and it is very quick and easy. I only print the copy for my files.

Reply to
Jim T.

I agree 100% and will be doing the same. My state has a very simple secure web interface for filing, once you have the numbers from your federal return. Return comes into your bank account 2-3 days anfter you enter in the numbers, so I never used the state e-filing. My federal return has never exceeded $2K. Sorry - just can't see financing Intuit and the IRS any more than I have to.

Reply to
Clark W. Griswold, Jr.

If you filed at the same same you did filed federal, t here was no extra charge.

Reply to
Clark W. Griswold, Jr.

Another me too. I used e-file when it was rebated for the federal return and reasonably priced for the state return. For the last two years I've printed the returns and mailed them in. Will do so this year.

-- HASM

Reply to
HASM

"Clark W. Griswold, Jr." wrote in news: snipped-for-privacy@4ax.com:

I've been efiling for several years and there was always a charge for federal and another charge for state, but Intuit refunded the federal charge.

I'm willing to pay for the efile because there is less chance for errors. Prior to efiling I had two occasions where some clerk keywhacked my return incorrectly which prompted a letter from new Jersey saying I owed more money. Both errors were cleared up with a phone call (and follow up letter) but it was a hassle.

Reply to
Porter Smith

But that costs about $5 each for "priority mail" and a delivery receipt.

Reply to
Stubby

But that costs about $5 each for "priority mail" and a delivery receipt.

Reply to
Stubby

When the federal rebate was included and the state was about $5, it made sense to e-file. I don't remember the fees exactly for last year, and a quick look at the FAQ on turbotax.com doesn't tell me the fees for this year, but I think it was up to $15 for federal, $10 for state.

If one files early, with no priority or delivery receipt, it costs less than $1 in postage fees. Standard mail with delivery receipt is between $3 and $4. It's your choice to give $25 to Intuit or $8 to the USPS.

I also need to file 1041 forms which TurboTax doesn't handle until one gets to the Business version (which costs $100) thus I need to go to the post office anyway ...

-- HASM

Reply to
HASM

A receipt only buys you piece of mind that it got there; there's no legal proof that you mailed a return. (ie: You could mail the IRS a baseball card in such an envelope and still have the receipt.)

As I said in an earlier post, only the e-file is true 'proof'. That is, indeed, one advantage of it.

Reply to
Andrew

But if we go back 10 or so years, before there was an e-file option, no one needed this "proof." It seems e-file providers have convinced people that they need this new feature, and pay them for it.

I probably could, but I would bet that my file would get flagged by the IRS, and when I would come around with my receipt not only I would be guilty of not filing my taxes on time, as well as trying to deceive them, which may carry a larger fine.

I'll e-file if the price is right.

-- HASM

Reply to
HASM

On Mon 16 Jan 2006 06:25:18p, HASM wrote in news:m3oe2bsntd.fsf@127.0.0.1:

I'm with you. Whenever the government gives me an option I don't like, I just ignore it (I feel that is sort of my patriotic duty).

Reply to
Michael

You do understand it was in good humor.

Reply to
Scott Lindner

I do now and thank you for your reply.

dennis

Reply to
Dennis G. Rears

Convenience, less error-prone to key entry.

I'd pay reasonable $ for that; but it's your $ so your choice.

Reply to
Zilla

FWIW, there are no income or age limits to using the VITA Tax-Aide national program. One alternative to paper filing is to do your return in TTax, and print it. Take your return and forms (W-2s, 1099s, etc.) along with proof of identity and SSN to your local Tax-Aide site, and they'll input into TaxWise and e-file it free, including state return, if any.

formatting link
to find a nearby site. I used TTax and mailed returns for many years for reasons similar to yours. Also used the Form 1040PC until IRS discontinued it. Now I volunteer in the Tax-Aide program at 2 area sites, and am the e-filer for one of them. .............................. Smash forehead on keyboard to continue...

**This message was scanned before sending by McAfee Antivirus.**

Reply to
Route 101©

BeanSmart website is not affiliated with any of the manufacturers or service providers discussed here. All logos and trade names are the property of their respective owners.