From mid-January through the tax-filing deadline, you can access the tax pro feature seven days a week, from 5 a.m. For Live Assisted, the support call starts by phone, and then you can initiate one-way live video or screen sharing. TurboTax Live Assisted is available year-round to ask tax pros questions. If you upgrade to Live Full Service, you get matched with a tax pro based on the complexity of your return, and you can continue with that same pro if you’d like once your return is done.
TurboTax also offers an Accurate Calculation Guarantee, but it gets voided if you fill the forms without the TurboTax interface’s guidance. Even though the software is user-friendly, you can talk to TurboTax support if you feel overwhelmed. The online versions features of turbotax deluxe program have the same four tiers or versions, though there are some added versions as well. You can utilize the online version of TurboTax without buying a CD or download. So the price of TurboTax Deluxe varies depending on the version and method of purchase.
Recommended for: Maximizing your deductions
It also includes investment property such as rental homes and related passive income. If you would like more, such as complex deductions and investment issues, you will need to upgrade to either their Deluxe or their Premier versions. She has reviewed the best tax software for Tom’s Guide for several years, and has also tested out fax software, among other things. She spent more than a decade at PC World and TechHive, and she has freelanced for numerous publications including Computer Shopper, TechRadar and Consumers Digest. Finally, the service prompts you to agree to share tax info with Intuit to get personalized strategies.
TurboTax Premier searches for more than 450 tax deductions and credits to find qualifying tax breaks. Users get anytime assistance from TurboTax’s online community of TurboTax specialists. TurboTax Free Edition includes guidance in case of an audit, backed by TurboTax’s audit support guarantee. TurboTax Free Edition supports Form 1040 and limited tax credits only; roughly 37% of taxpayers qualify. TurboTax Free Edition supports Form 1040 and limited tax credits only.
Frequently asked questions
Be sure to check for any discounts or special offers that may be available to help you save on the cost of TurboTax Premier. Danielle Bauter is a writer for the Accounting division of Fit Small Business. She has owned Check Yourself, a bookkeeping and payroll service that specializes in small business, for over twenty years. She holds a Bachelor’s degree from UCLA and has served on the Board of the National Association of Women Business Owners.
That ends the onboarding process and you can finally begin working on the return itself. It mines questions from other users, which might help you figure out your own situation without asking an expert. To help you solve this dilemma, we have drafted this article because the last thing we need (aside from an IRS audit) is to buy a version without all the features or an expensive version that you don’t really need. However, the main focus of this article will be on the Deluxe and the Premier version as they are the most commonly used by Turbotax users. We search hundreds of tax deductions to find every tax deduction and credit you qualify for to get you the biggest tax refund, guaranteed.
Frequently Asked Questions (FAQs)
Moreover, it can also show you ways to reduce start-up costs for new businesses. A Form 1040 return with limited credits is one that’s filed using IRS Form 1040 only (with the exception of the specific covered situations described below). You can have your refund directly deposited into a free to open checking or savings account with Credit Karma Money™. Sign up when you’re ready to finish and file your taxes with TurboTax and begin using your account right away.Or, you can have your refund mailed as a check.
In the event of an IRS audit, you’ll receive free one-on-one audit guidance from a qualified TurboTax specialist who’ll help you understand your IRS notice and answer all of your audit-related questions. Your tax pro won’t represent you in the audit or provide audit advice (including legal advice), but they’ll provide you with step-by-step guidance on how to get through the process. This plan is for you if you have rental property or investments. It contains everything in Deluxe, plus it can import investment income automatically and handle cryptocurrency transactions. Premier covers stocks, bonds, employee stock purchase plans (ESPPs), and other investments as well as rental property income and deductions.