Are you looking for a tax filing solution that can provide easy-to-use tools to help you boost your savings while getting the job done accurately and affordably? TurboTax, is an online tax software product from financial services giant Intuit.
With its automated data entry options, accuracy guarantees, and step-by-step guidance on tricky matters like deductions and credits it promises to make your filing experience easier while saving you time and money.
To get a better feel for how this powerful tool works in practice, though, let’s take a closer look so we can give our full review of Intuit TurboTax online tax software.
Who should use TurboTax?
TurboTax is ideal for anyone who wants to file their taxes quickly and accurately, from basic to complex filings. The online tax software simplifies the filing process with step-by-step guidance throughout the entire process.
This makes it easier for beginners and experienced filers to complete their taxes properly and on time. TurboTax also provides access to a network of experts and accountants who can provide helpful advice and support.
What does the TurboTax online tax software offer?
The TurboTax, online tax software, offers a variety of features designed to make filing taxes simple and efficient. Features include:
- Access to a comprehensive knowledge base to help users understand tax concepts.
- Automated tax preparation that allows users to prepare taxes with ease.
- Step-by-step guidance throughout the filing process.
- Audit support and access to tax professionals who can provide advice and help answer any questions.
- Importing information from previous years’ returns makes it easier to file multiple years simultaneously.
- Dedicated customer service team to provide users with personalized support.
Overall, the TurboTax online tax software is a comprehensive and easy-to-use tool for filing taxes. It provides users with the necessary resources and support to accurately and easily complete their taxes while also helping them save time and money. TurboTax is an excellent choice for those looking for a reliable tax filing option.
What products does TurboTax offer?
Intuit TurboTax is a comprehensive online tax preparation software. It offers various products such as the Free Edition, Deluxe, Premier, and Self-Employed for individuals to find the right fit for their filing needs. The product also provides specialized services like Live Tax Advice, SmartLook Consultations, and Audit Representation through its partners.
Free Edition: Free option for students and filers with a simple return
The Free Edition is designed for taxpayers with simple tax returns eligible to file a 1040A or 1040EZ form. This product offers free federal and state filings, and users can upgrade to the Deluxe version if they have more complex filing needs at any time.
Deluxe: Includes comprehensive coverage to maximize deductions
The Deluxe edition of TurboTax provides comprehensive coverage to maximize deductions and avoid costly mistakes.
It includes extra help for investments, rental property income, and expenses, as well as tax credits and deductions for those with various life changes, such as marriage or home ownership.
Premier: Ideal solution for Complex Tax Situations
The Premier edition of TurboTax is designed for taxpayers with complex returns requiring in-depth tax law knowledge.
The product includes step-by-step guidance through investments, rental property income, and expenses, as specialized help with stocks, bonds, mutual funds, employee stock plans, and other forms of investments and capital gains.
Self-Employed: With Specialized Help for Self-employed Individuals
The Self-Employed version of TurboTax is designed for self-employed individuals and small business owners who must file a Schedule C form. The product provides specialized help with expenses, deductions, mileage tracking, and Self-Employment Tax topics.
Ease of Use
TurboTax is a user-friendly software that makes filing taxes simple. It offers interactive features like SmartLook, which provides live tax advice from a CPA or EA through video. The product also features deductions advisors and an audit support center to help you understand the process and ensure everything is correct.
Pricing
The prices for TurboTax vary depending on the version you choose. The Free Edition is free, while Deluxe and Premier are priced at $59.99 and $79.99, respectively. The Self-Employed package is the most expensive at $119.99
Is TurboTax Live worth the cost?
Intuit TurboTax Live is a premium online tax software product from Intuit, the maker of popular tax preparation products like QuickBooks and Mint. It offers advanced features and services to provide the best possible experience for those who need help filing their taxes.
With its step-by-step guidance, you can easily file taxes without any hassles or headaches. The software also includes a team of experienced tax professionals who can provide advice and support whenever needed.
Intuit TurboTax Live stands out with its features and services compared to online tax filing services. It includes an intuitive user interface, in-depth tax forms, and a comprehensive list of deductions. As real tax professionals power it, you can be assured of getting accurate advice and guidance.
Other notable features
- You can save your tax return and pick up where you left off anytime.
- Refunds are available in as few as eight business days.
- You get expert help and answers from tax professionals and other TurboTax users with the AnswerXchange system.
- Year-round audit support is available to give you peace of mind.
- The software helps you properly report your investments so that you can keep more of what you’ve earned.
- You can easily import important W2 and 1099 information.
- It uses a step-by-step interview process to help you get the biggest refund possible.
- You can also conveniently access TurboTax online from your phone, tablet, or computer.
Why we recommend it
Intuit TurboTax is our top-recommended online tax preparation software for 2021. The easy-to-use interface and comprehensive features make it the ideal choice for filing taxes quickly and accurately.
It offers a variety of features to help you get through your taxes with ease, including convenient tools that allow you to import information from previous years and generate detailed reports.
Additionally, if you’re unsure how to handle a particular aspect of your taxes, TurboTax offers a help center and live tax experts for expert advice.
FAQs
Is TurboTax Deluxe worth it?
Yes, TurboTax Deluxe is worth the cost. It offers an easy-to-follow step-by-step guide to help you maximize your deductions and get the biggest refund possible. The software also includes expert guidance for rental property owners and self-employed individuals to pay all applicable taxes accurately.
Plus, TurboTax Deluxe comes with a one-year subscription to the Audit Defense service, so you can have peace of mind that someone is looking out for your financial interests.
Is TurboTax a good system?
Yes, TurboTax is a great system for preparing and filing taxes. The software walks you through the entire process from start to finish and offers helpful tips along the way. Plus, it allows you to easily import your tax information from previous years to quickly get your return filed accurately and securely.
TurboTax also provides free advice from certified tax professionals to ensure your taxes are done right.
What is the difference between TurboTax and Intuit?
TurboTax is a tax preparation software that is made by the company Intuit. It is designed to help people quickly and easily file their taxes with the highest accuracy possible. On the other hand, Intuit is the larger parent company of TurboTax.
Conclusion
In Conclusion, Intuit TurboTax Online Tax Software is a capable and powerful tool for filing tax returns. It provides an easy-to-use interface that makes it simple to complete your taxes quickly.
The software also includes helpful features such as W-2 import, free audit support, and access to expert advice from CPAs. It is well-suited for individuals who are comfortable filing their taxes and small business owners who need help with more complex tax forms.
With its user-friendly interface and comprehensive features, Intuit TurboTax Online Tax Software is an excellent choice for anyone looking to complete their taxes quickly and efficiently.
