For the past 20 years or so, I’ve used TURBOTAX to prepare my Federal and State taxes. The early versions were sometimes overly complicated and frustrating to use. But, as time went on, Intuit (the company that makes TURBOTAX) improved the product so today’s version is simple and easy to use. I was worried that because I prepared my taxes on my DELL (Windows) computer last year, the TURBOTAX file wouldn’t be read by my new Apple iMac computer. But, no problems. I just inserted my USB drive with my tax files and TURBOTAX transferred all the information. Easy peasy!
Sadly, we have pay the Feds about $500 and New York State about $1,500. I’ll have to adjust our Withholdings for next year. Of course, next year we’ll take the new higher Standard Deduction and forget about itemizing (you probably will, too). In the long run, we’ll all be paying more in taxes. Have you done your taxes yet?