I’ve used Turbotax for about 8 years now and have had to enter K-1s every year. It is very simple. My tax situation has started to get a little more complicated in the last few years, so last year, I finally paid someone to do my taxes. The person I hired was from a local, highly regarded firm (expensive and NOT a fly-by-the-night person out of their basement). I wanted to see how it compared to doing it on Turbotax. As WCI mentioned, by doing it yourself, you get a better idea of how to save on taxes. Well, when the tax person finished with my taxes, my tax bill was about $2,000 higher than what I got with Turbotax. I asked him about the differences and mentioned how I had entered in a couple of the K-1s differently than he did and his response was “well, yes, I guess we could do it that way (passive vs active income on K-1).” For what I was paying him, I would have expected that he would have looked at the most tax efficient way to enter things, but it goes to show that no one cares more about your money than yourself. Also, when I first met with him, I mentioned that I had previously used Turbotax, but wanted to use him so he could advise me on how I could do things differently to help minimize my tax bill. I never received any advice from him on what changes I could make and in fact, I had to ask him to do things differently to save me money. Needless to say, I am back to Turbotax this year.