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Politics : Formerly About Applied Materials
AMAT 252.25+0.9%Nov 28 9:30 AM EST

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To: Sam Citron who wrote (61586)3/6/2002 7:21:51 PM
From: Jacob Snyder  Read Replies (1) of 70976
 
I rely on Turbotax. I only spent 12 hours, total, doing my taxes this year, and it would have been several times as long if I'd done it the old way.

I'm going to pretend I didn't hear you say Turbotax is not perfect, tweet tweet (sound of me whistling past the graveyard). My "check everything" rule only applies to protein-based information-processing systems (you and me). I assume software like Turbotax gets it right. It would take me days to figure out whether I'm triggering the AMT (alt. min. tax) or not (I did last year, didn't quite this year).

This is another reason to keep it simple, just buy and sell the stock.

Re: intuit's revenue stream:
Haven't you heard? The next version of Windows XP will have a tax-computation application bundled in it. Along with ERP and network-storage-management software, and a few other small niches Microsoft will own tomorrow. With their "get out of jail free" card, just issued to them by their friends in Washington, "the future's so bright, gotta wear shades". You won't be able to buy a new Dell PC without this bundled software (unless you pay 300$ to uninstall it, and it also voids the warranty). In internal memos, Microsoft execs calls this software "intuitkiller".

JS@ng.com
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