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Of course, this costs extra, so be prepared to pay for the convenience. QuickBooks is also integrated with TurboTax – so you can send all of your information right into this tax software. This is crucial if you are on a tight tax deadline – and is doubly important if you’re foregone hiring a real tax expert to help you file. If you are doing your tax filing with TurboTax, you will be happy to know that there is lots of help and support available. TurboTax – Technical Support And Filing Help We recommend putting it towards next year’s account, as this is one less headache to worry about when it comes to next year’s IRS filing.
Most people choose the direct deposit into a bank account option, but you can get savings bonds, put your total towards next year’s refund, or even load it onto a TurboTax Visa card. When it comes to tax refunds, this can be issued numerous ways via TurboTax. Having a qualified tax preparer deal with the IRS is well worth it (in our opinion) – so this is an easy $50 that you’ll definitely want to spend. By default, TurboTax will provide advice on what to do to prepare for an audit.īut if you want someone from TurboTax to interface directly with the IRS for you, that requires upgrading to another paid tier. TurboTax – If You’re Being Auditedīeing audited is not fun, but TurboTax even provides help for dreaded tax situations like these. You can also easily import W-2s, as well as 1099s – and even take pictures of them and have the data automatically transferred to your return. If you pay for any of the upgrades, you also get cool features like an automatic deduction finder. Another cool option is the ‘show my refund so far’ feature. The best feature of TurboTax is simply the main feature – an easy-to-use filing interface. You can start it on your phone, and then finish it on your tablet, if you so desire. In addition to being easy to use, TurboTax lets you access your filing anywhere. You have time to do a final review before you submit your documents to the IRS, and you can even use their mobile app, as well as important all of your relevant data from last year’s return. The ItsDeductible feature even makes deductions easy – a true feat. With TurboTax, their biggest breakthrough was making the process of filing taxes palatable to absolutely anyone. The interface is so easy to use, that the only comparison is what it was like when Apple introduced the mouse – suddenly, everyone could use a computer. TurboTax is the ultimate choice, however, if you don’t know what you’re doing. We highly recommend TurboTax for beginners (as well as experts) – though we still think it is always best to have a qualified tax expert aid you in preparing your income taxes. If you can read, you can easily file your taxes with TurboTax – it’s that simple.Įven complex concepts are explained easily, and it’s pretty much impossible to get lost when filing. While TurboTax may be one of the most expensive options out there, it also has one of the easiest-to-use interfaces.
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However, we still recommend utilizing a qualified tax professional to do your taxes, as they will be able to find many more deductions and legal loopholes you can utilize.
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While you won’t get the cheapest software by buying TurboTax – you will get the best quality. This is especially true once you factor it the cost of the state return. TurboTax is not the cheapest tax software on the market – not by a long shot. However, it should be noted that if you have more complex tax needs, you will have to pay for one of the upgraded versions of the software.
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The TurboTax free edition even allows you to do all of this for free. While there is a disclaimer to warn you that TurboTax won’t be held liable if you make tax mistakes, this software allows you to file your federal taxes (as well as state taxes) – all from the comfort of your own couch. TurboTax went from a complete obscurity to a gigantic business – all in about a 10 year timespan.
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