All My Brain Where stuff from my brain lands

February 11, 2009

The further declining value of Turbotax and Quicken

Filed under: Miscellaneous — Tags: , , , , , — Dennis @ 11:51 am

Last year I posted a rant on the declining value of Turbotax and Quicken. I just finished filing my taxes for the 2008 tax year and thought I’d write a quick follow up after sticking to my guns for the 2008 year.


  • I dropped Quicken altogether. I switched to an Open Source Free program called GnuCash. This might not be for everyone, but for me personally, I love it. You can review yourself some of the GnuCash features if you like. I personally switched because of the way I was able to do Budgeting with GnuCash.
  • I dropped Turbotax this year too. A quick Google search before I started doing my taxes yielded a number of online tax services. The highest rated were Taxact and TurboTax. Because I had my previous years data in TurboTax, I went ahead and entered this year’s data. Then, I entered all my information into Taxact. I was pleasantly surprised that the numbers came out exactly the same. (They should, the forms are standard and it’s all just math basically.)

    So Taxact costs $16.95 for Federal + State and TurboTax costs ~$64.50. I will admit that some of the interface issues that TurboTax offers are a little nicer than Taxact, but for me, I’ll use the extra ~$50 somewhere else.

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