- TURBOTAX REVIEW OF 2017 FILING FOR FREE
- TURBOTAX REVIEW OF 2017 FILING UPGRADE
- TURBOTAX REVIEW OF 2017 FILING SOFTWARE
While this add-on of live support costs a little more than if you do everything yourself without help, you'll likely still pay less than if you hired an accountant on your own. And once your forms are complete, you have the option to have everything checked over by an expert. If you need a little extra help, you can talk to a tax expert on demand. The program uses the information from your picture to autofill your tax forms. Its database of more than 350 deductions ensures you won't miss any chance to save on your taxes.Ĭompleting your forms is also incredibly simple, thanks to the fact TurboTax allows you to take a picture of your W-2. Based on your answers, the program not only fills out your tax documents for you but also helps you identify deductions and credits you're entitled to. The program guides you through completing your federal and state tax return by asking you basic questions about your life in simple, plain language. TurboTax prides itself on making taxes as simple as possible, and its user-friendly interface achieves this objective. Taxpayers with investments, cryptocurrency, rental income, business income, or business expenses $409 + $64 per state for Full-Service Premium Taxpayers with deductions, including the student loan interest deduction
$269 + $64 per state for Full-Service Deluxe Taxpayers with simple tax situations who want a tax expert to review their return $99 + 54 per state for Live Basic $219 + $54 per state for Full-Service Basic
TURBOTAX REVIEW OF 2017 FILING FOR FREE
Taxpayers with very simple returns only who want to file federal taxes and state taxes for free (not all taxpayers qualify) The table below shows the price of your options so you can see how much you'd have to pay based on the type of return you need to file and the level of support you'll require. You have the option to request tax advice and ask questions throughout the year, not just at tax time, and you'll be able to do a one-on-one consultation with your tax expert before they file your returns. You simply upload your tax forms, and an expert will prepare your returns. If you'd prefer to have a tax expert file taxes for you, TurboTax also offers this option with its full-service product. While this is a great feature for those who are nervous about getting everything done right, the cost is about double, depending on which product you've chosen. You can ask as many questions as you want as you're filing taxes, including having the expert do a line-by-line review of your return. You'll get on-demand access to an expert who you can talk to right from your computer screen. If you find taxes confusing and want a tax expert to review your return, you can opt to pay an additional premium for live support. TurboTax also charges a fee per state return (unless you're using the free edition), so the program gets even more expensive if you live or work in one or more states that impose a personal income tax.
TURBOTAX REVIEW OF 2017 FILING UPGRADE
If you hope to claim any other deductions - including a deduction for student loan interest or contributions to retirement accounts or health savings accounts - you'll need to upgrade to the Deluxe product, which is costlier.įor those whose returns are even more complicated because of business expenses, rental properties, or investment income, the price climbs very quickly.
TURBOTAX REVIEW OF 2017 FILING SOFTWARE
TurboTax offers qualifying taxpayers the chance to use its software and file for free, but only for simple tax returns and if you're claiming the standard deduction. How much does TurboTax cost: Products and prices
If another tax prep method gets you more money back, it'll refund what you paid for the software or give you $30 if you used the TurboTax free edition. It not only guarantees its calculations are 100% accurate so you can avoid some common tax mistakes, but it also promises to maximize your refund. Tax filers trust it because of its long history but also because it provides multiple guarantees. TurboTax has become a well-established brand over the three decades it's helped people do taxes and is now the best-selling tax software provider in America.
According to the company, which was founded all the way back in 1983, its mission is "powering prosperity around the world." TurboTax is owned by Intuit, which also offers other well-known financial software, including Mint and Quickbooks.
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