Free file for high earners (US)

[salt cured]

Just an fyi, for those with incomes too high to use the usual free file program, there is an alternative offered by the United Way through https://www.myfreetaxes.com (I'm not affiliated in any way).

You need to select "By Myself" and sign up to receive marketing emails from the UW, but you'll get a link to Taxslayer. I found it nearly painless even though it is supposed to be "unguided". I had W2 income, itemized deductions, long/short-term capital gains, backdoor roth, dividends, so ymmv. The only issue I had was getting Form 8606 to populate properly, which took a few tries.

[phildonnia]

I checked it out.  My quick review:

The following seem to be missing/not supported/impossible to find:
Schedule K-1 (1065) Box 11C
Schedule K-1 (1065) Box 13W
1099-DIV Box 8

Here are some actual functional problems I noticed in a quick survey:

1099-R Codes J,P from a Return of Contribution for the prior year incorrectly enters the amount as taxable in the present year.
1099-R Code 2 from the rollover of an after-tax IRA (backdoor Roth) enters the distribution amount as entirely taxable.
In fairness, FreeTaxUSA and TaxAct both have major problems with 1099-R.

[seattlecyclone]

Thanks for the tip! I've already entered most of my info into Free File Fillable Forms (they didn't have the form for computing the QBI deduction available yet when I started last week), otherwise I'd give this a try. I've used TaxSlayer as a VITA volunteer so I'm pretty familiar with it already. Will keep this in mind for next year though.

[phildonnia]

[...]I've already entered most of my info into Free File Fillable Forms (they didn't have the form for computing the QBI deduction available yet when I started last week), otherwise I'd give this a try. [...]

Form 8995 is now available on FFFF.  They plan to have all forms available by Feb 25.

[seattlecyclone]

[...]I've already entered most of my info into Free File Fillable Forms (they didn't have the form for computing the QBI deduction available yet when I started last week), otherwise I'd give this a try. [...]

Form 8995 is now available on FFFF.  They plan to have all forms available by Feb 25.

Yay! Will likely submit today. I earned too much in 2019 to get the stimulus checks right away, and I'm expecting a pretty hefty refund. Should be enough to pay my property tax for the year.

[salt cured]

For what it's worth, l've received my (correct) refunds from both the IRS and my state, so I have no complaints about this software. I will not be surprised if I get letters a few months from now alleging I made mistakes/owe repayments, but that's only because it's happened the last few years without fail (when I used an accountant).