![]() If your tax situation is more complicated than that, you’ll need to use one of the paid editions. who has a small amount of interest and dividends,.whose only income is reported on a W-2,.The only problem is that your tax return has to be extremely simple for you to qualify to use the Free Edition. If you would otherwise qualify to have your return prepared for free, this TurboTax Live service is specifically called TurboTax Basic.īut if you qualify for a free return through TurboTax Free Edition, I’m not really sure if you need a professional to look over your return because your return is likely quite simple. TurboTax Live: If you would like a real tax expert to review your “free” return through TurboTax Live, you will have to pay a fee for both federal and state review. Unlike some tax software that gives you a free federal return but then makes you pay to file your state return, the TurboTax Free Edition is free for both your federal and state returns. The good thing about the TurboTax Free Edition is that it’s truly free. You can check out this TurboTax review to get more details on this software’s features and tools.I like to start my tax software reviews by discussing the free version of the software since I know that this piece of information is all some of my readers want to know about. Plus, complete data security is guaranteed as the software uses measures such as password guidelines and secure encryptions to protect your data. TurboTax provides a cloud-hosted mobile option to help you review your documents anytime, anywhere. In addition, you can save time with the application’s document capturing tools that automatically fill up tax forms. TurboTax’s e-filing features enable you to get your tax refunds quickly. In addition, for a nominal fee you can avail Audit Defense to benefit from full audit representation. If your return is audited, the expert will provide a free one-on-one audit walkthrough. They have the capability to even draw on your screen to provide you guidance with tax-related questions. ![]() The SmartLook feature enables you to contact a live expert to get assistance. Plus, the tool’s intuitive interface helps you save time and minimizes effort. The features are simple and straightforward and even lay users without tax knowledge can easily learn the ropes. Online reviews reveal that users find TurboTax easy to learn and use for their tax filings. If the software makes a mistake that results in a state or IRS penalty, the vendor will compensate for the damages and also add interest. These verification methods ensure your tax returns are totally error-free and 100% accurate. The platform performs thousands of error checks and also double checks completely before filing. TurboTax is up to date with the latest tax regulations including health care laws and others. The main benefits of TurboTax are its accuracy, ease of use, and great support. Walks users through tax return documents and double-checks on-the-fly.Value donated items with the ItsDeductible™ feature.Updated on the latest tax and health care laws.My Analysis & Advice helps assess users’ tax history to maximize next year’s tax refund.Imports financial data including W-2s, investment and mortgage information, plus imports from Quicken and QuickBooks Desktop2.Guides users through start-up costs so that new businesses can secure deductions.Extra guidance for rental property income, expenses, and refinancing. ![]() Extra coaching to maximize small business and self-employment tax deductions, such as home, office, vehicle, phone, and supplies.Expert assistance with mortgage interest, property taxes, and energy-efficient improvements. ![]()
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