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Tax software version to keep?

 

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Subject Author Date
Tax software version to keep? Brian Gordon 08-10-2008
Posted by Brian Gordon on August 10, 2008, 8:48 pm
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I'm an eary adopter -- I usually download new versions of software as soon as
I learn they exist. Since I use TurboTax and tend to file pretty close to the
due date, there are sometimes updates released after I have filed.

Normally, I ignore them and keep the version I used to file with.

Does that seem like the way to go, or should I download patches so I end up
with the latest and greatest?

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Posted by Mark Bole on August 10, 2008, 9:03 pm
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Brian Gordon wrote:
> I'm an eary adopter -- I usually download new versions of software as soon as
> I learn they exist. Since I use TurboTax and tend to file pretty close to the
> due date, there are sometimes updates released after I have filed.
>
> Normally, I ignore them and keep the version I used to file with.
>
> Does that seem like the way to go, or should I download patches so I end up
> with the latest and greatest?
>

Are you filing an amended return, or preparing new returns for others?
Are you using last year's tax software to plan this year's taxes? If so,
then get the latest version. Ideally, you would be able to "roll back"
(re-install base version and roll forward) to each specific version that
was used to create and file a production return, if necessary.

-Mark Bole

--
<< ------------------------------------------------------- >>
<< The foregoing was not intended or written to be used, >>
<< nor can it used, for the purpose of avoiding penalties >>
<< that may be imposed upon the taxpayer. >>
<< >>
<< The Charter and the Guidelines for submitting posts >>
<< to this newsgroup as well as our anti-spamming policy >>
<< are at www.asktax.org. >>
<< Copyright (2007) - All rights reserved. >>
<< ------------------------------------------------------- >>

Posted by Haskel LaPort on August 11, 2008, 12:24 pm
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> Brian Gordon wrote:
>> I'm an eary adopter -- I usually download new versions of software as
>> soon as
>> I learn they exist. Since I use TurboTax and tend to file pretty close
>> to the
>> due date, there are sometimes updates released after I have filed.
>>
>> Normally, I ignore them and keep the version I used to file with.
>>
>> Does that seem like the way to go, or should I download patches so I end
>> up
>> with the latest and greatest?
>>
>
> Are you filing an amended return, or preparing new returns for others? Are
> you using last year's tax software to plan this year's taxes? If so, then
> get the latest version. Ideally, you would be able to "roll back"
> (re-install base version and roll forward) to each specific version that
> was used to create and file a production return, if necessary.

That is not practicle with Turbotax. Automatic patches are sometimes
released weekly.



>
> -Mark Bole

--
<< ------------------------------------------------------- >>
<< The foregoing was not intended or written to be used, >>
<< nor can it used, for the purpose of avoiding penalties >>
<< that may be imposed upon the taxpayer. >>
<< >>
<< The Charter and the Guidelines for submitting posts >>
<< to this newsgroup as well as our anti-spamming policy >>
<< are at www.asktax.org. >>
<< Copyright (2007) - All rights reserved. >>
<< ------------------------------------------------------- >>

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