Turbotax

TurboTax is a tax preparation software that allows users to file federal and state income tax returns online. The service was created by software developer Intuit with a step-by-step guide to tax filing so that even those with no previous tax knowledge can familiarize themselves with the system. Calculations made by TurboTax are said to be completely accurate and is backed by a service guarantee so that users can secure their respective tax refunds as fast as possible.

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Overall: 9.7

About Turbotax

Turbo Tax helps you get Taxes done smarter and guarantees to provide you your maximum tax refund. You can easily start your taxes free today and only pay when you are ready to file your return, if you like the results. TurboTax consistently offers a top-of-the-line tax preparation software experience, and for tax year it definitely exceeds expectations.

TurboTax is a tax preparation software that allows users to file federal and state income tax returns online. The service was created by software developer Intuit with a step-by-step guide to tax filing so that even those with no previous tax knowledge can familiarize themselves with the system. Calculations made by TurboTax are said to be completely accurate and is backed by a service guarantee so that users can secure their respective tax refunds as fast as possible.

Turbotax Offers

Free Edition

Simple tax returns

$0 Fed. $0 State. $0 File File Now
  • Free filing of your simple federal and state tax returns, guaranteed
  • Covers W-2 income, Earned Income Tax Credit (EIC) and child tax credits
  • Jumpstart your return with last year's TurboTax info or import a PDF of your return from another tax software
  • Guidance in case of an audit, backed by our Audit Support Guarantee
  • Get answers 24/7 from our online community of TurboTax specialists and customers
  • Easy prep, print, and e-file
  • Jumpstart your taxes, snap a photo of your W-2

Deluxe

Maximize tax deductions and credits

$60* (+ State additional) File Now
  • Get homeowner tax breaks (Schedule A)
  • Make the most out of charitable donations
  • Jumpstart your return with last year's TurboTax info or import a PDF of your return from another tax software
  • One-on-one help for answers, on demand* from a TurboTax specialist
  • In addition to your credit score, see where you truly stand financially with Turbo
  • Easy prep, print, and e-file
  • Jumpstart your taxes, snap a photo of your W-2
  • Searches 350+ tax deductions and credits
  • Maximizes mortgage and property tax deductions
  • Turn donations into big deductions

Premier

Investments and rental property

$90* (+ State additional) File Now
  • Import investment info, we'll calculate cost basis (Schedule D)
  • Accurately account for gains and losses from cryptocurrency transactions
  • Jumpstart your return with last year’s TurboTax info or import a PDF of your return from another tax software
  • One-on-one help for answers, on demand from a TurboTax specialist
  • In addition to your credit score, see where you truly stand financially with Turbo
  • Easy prep, print, and e-file
  • Jumpstart your taxes, snap a photo of your W-2
  • Searches 350+ tax deductions and credits
  • Maximizes mortgage and property tax deductions
  • Turn donations into big deductions
  • Covers stocks, bonds, ESPPs, and other investments
  • Auto import of investment income
  • Covers rental property income and tax deductions
  • Accurately account for gains and losses from cryptocurrency transactions

Self-Employed

Personal & business income and expenses

$120* (+ State additional) File Now
  • Searches for industry-specific deductions others might miss
  • Covers industries like rideshare, online sales, personal or professional services, and more
  • Guidance with expenses like standard vs. actual mileage, cell phone, home office and supplies
  • One-on-one help for answers, on demand* from a TurboTax specialist
  • Designed for the unique needs of the self-employed (1099-MISC, Schedule C)
  • Easy prep, print, and e-file
  • Jumpstart your taxes, snap a photo of your W-2
  • Searches 350+ tax deductions and credits
  • Maximizes mortgage and property tax deductions
  • Turn donations into big deductions
  • Covers stocks, bonds, ESPPs, and other investments
  • Auto import of investment income Covers rental property income and tax deductions
  • Accurately account for gains and losses from cryptocurrency transactions
  • Guidance for contractors, freelancers, and small business owners
  • Uncovers industry-specific deductions for more tax breaks
  • One-on-one help from self-employment specialists
  • File with confidence—personalized audit assessment to know it's right
  • Effortless expense, mileage, and job tracking with FREE QuickBooks Self-Employed

TurboTax Business

Partnerships, S Corp, C Corp, multi-member LLC, trusts and estates

$169.99 File Now
  • Import last year's TurboTax return
  • Import from QuickBooks
  • Guidance and support entering income and expenses
  • Maximize industry-specific tax deductions
  • File with confidence
  • Extra guidance for new businesses

Supported Forms

TurboTax offers many forms for tax preparations, like 1040, 1040a and 1040ez. These type of forms are standard for tax filling if individuals are employed in full or part-time jobs. Also there are many other forms for many kind of tax filling, so it is very possible that you will find what you need at TurboTax. Self-employed persons can find a Schedule C, a form used for persons to report how much money they lost or earned from renting their properties during the fiscal year.

Customer Support

When it comes to customer support, TurboTax offers so many options, like searchable knowledge base, video tutorials, live, on-screen human help, big online community etc. One of TurboTax's most outstanding support features is TurboTax Live, which is in its second year. If offers (not for free) a one-on-one review with a CPA or enrolled agent before you file, as well as unlimited live tax advice. They’ll even sign and e-file your tax return if you want.

Conclusion

With its unbelievable support and good design, TurboTax is in many ways the standard for the do-it-yourself tax-prep industry. Their products are not cheapest, but they are worth it, because they offer you 100% accuracy, maximum refund and many many more.