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Is Turbo Tax a good way to file for an owner operator?

We are using "Gauges", however with Turbo Tax the categories are different, I think. Am I making a good choice trying to file this way? ... BTW can't thank you guys enough for your service and help when we need it.

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I would suggest to use TT/. and get your taxes done professionally and compare the 2.

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I have used Turbo tax for years and I think it's a great program. I have done my own taxes since I was 16 except 1 year when I lived in 2 different states and wasn't sure how to do that.

It always seamed that each time my situation changed I would just hire a professional. I then thought about it and decided to just learn the harder stuff myself. The line at the end of the tax return is always what got me. You sign that all entries are true and correct. If I am going to be responsible then I am going to do them my self.

You have to be familiar with the tax laws and what you can deduct. If your in doubt then just search the IRS website. Their search feature is pretty good as long as you kinda know what your looking for.

Kevin is another great resource if your unsure of something. Of all the trucker tax professionals I have listened to or read of he seams to have the most accurate knowledge.

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Turbo Tax is an excellant program. However, it does not know (or care) what your profession is. You have to have the knowledge of taxes before using turbo tax program. All the program is designed to do is put your answers in the correct locations on the tax forms. Researching the IRS rules will get you some of the answers for your questions. The reason for using a professional tax preparer that has extensive knowledge in trucking is so they know how to place certain items into a tax deduction. I have done taxes for 20+ years, for myself, family, and other drivers. As Kevin knows, the problem is not an audit itself, or filling out the forms, the problem is knowing how to answer the auditor to get the deduction to stand and be accepted. Kevin, Jackie, John Turner, and myself can tell you what the IRS rules are, but knowing how to get around the rules and pass an audit is the key. You want to keep using gauges to track your numbers, but until you have extensive knowledge in taxes and tax law, let someone else help you for few years and you can then gradually work yourself into self prepared taxes.

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I used Turbo Tax the last several years. This year being my first full year as O/O and it worked great!! It helps if you have kept good records all year, and have a little tax knowledge, and aware of what deductions you're looking for.

Only you know what your comfort level is regarding taxes.

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Robbie will be eternally grateful.
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