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No the tax rates , exemptions etc change every year.

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16y ago

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Can you upgrade your turbotax 2007 to 2008?

From Intuit's website: Every year, tax laws and forms change, and in turn, we completely revise TurboTax to comply with the current federal and state requirements. Because TurboTax is designed for a specific tax year, you need TurboTax 2008 to do your 2008 tax return. You cannot convert or upgrade TurboTax 2007 to TurboTax 2008. Answer: Upgrade to TurboTax DeluxeHow to upgrade from TurboTax Basic to Deluxe: At the top of the TurboTax screen select the Federal Taxes tab and then select Deductions and Credits.Select Guide Me Through and answer Yes on the Any Home Mortgage Payments? screen.Follow the on-screen instructions for either purchasing online or by phone.


What version of TurboTax should I use to accurately report capital gains?

For accurate reporting of capital gains, you should use TurboTax Premier or TurboTax Self-Employed versions.


Can I use TurboTax Deluxe if I sold stock?

Yes, you can use TurboTax Deluxe if you sold stock. TurboTax Deluxe is designed to handle various types of income, including income from selling stocks.


Can you use turbotax on Mozilla Firefox?

no


Can I use TurboTax Deluxe to report capital gains on my taxes?

Yes, you can use TurboTax Deluxe to report capital gains on your taxes.


Where can I complete my taxes online?

You can use TurboTax free edition 2011, which is a popular, and useful tool for doing your taxes. You can also use any other TurboTax edition. You can also use Taxact.


Can you re-use last years TurboTax program this year?

NO


Which is the top tax software to use, TurboTax or H&R Block Tax Cut?

TurboTax is the overall better software. It is easier and more in depth that the H&R Block one. You should like the TurboTax more.


Should you use turbotax or taxcut?

You can choose the one that you find the easiest for you to use for your circumstances.


What bank does TurboTax use for refunds?

TurboTax uses Bank of America for the deposit of tax refunds. Your tax refund is deposited in a Bank of America account and then transferred to your personal account.


Does TurboTax have cheap tax software?

TurboTax does offer great tax software at a great price. You can also use their online software and e-file directly for a small fee.


Is Forbes tax software a good software to buy?

No, you should not use Forbes. I recommend TurboTax and H&R Block. I also recommend using ProSeries and TaxSlayer before using Forbes. TurboTax is what I use when filing my taxes.