For all of you wondering what the bottom line difference between the two major contender’s in tax preparation software. From personal experience: $1. That’s right, the total return I’ll receive amounted to a $1 difference. I tried going through the free TurboTax software but upgraded twice to accomplish basic tasks like mortgage insurance and Section C for self-employment. I still need to file. I believe Tax Cut will run $35 w/ the filing fee. Turbo Tax would end-up costing $75. TurboTax was a little more user-friendly, but emphases on little. I certainly don’t think it’s worth the extra $40. So, if you have a really simple return to file, you might try the free TurboTax route, but otherwise, I’d recommend going with Tax Cut. Let me know if you find any difference.
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You can compare Tax cut and turbotax or compare among their versions at http://www.coolcheapest.com/Business_Productivity/2126–Intuit_TurboTax_Basic_2008.aspx. You can also compare price among dealers.