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Additionally, TurboTax Deluxe includes a feature called ItsDeductible, which helps users track the value of their donated items throughout the year, making it easier to claim the full value of their donations at tax time. Tax day 2024 is not until Mon, Apr 15, 2024, and also right around the corner. The luxury of time doesn’t mean you should wait until the last minute to figure out how you’re going to file your 2023 taxes—especially when you can save some money if you plan ahead. TurboTax Deluxe includes one-on-one support from live TurboTax product specialists. The Ascent is a Motley Fool service that rates and reviews essential products for your everyday money matters. Using TurboTax Deluxe to file your taxes is easy and straightforward.
Then, you select DIY, Live Basic (assisted), and Live Full Service depending on your preference. Assisted plans provide a consultation with a tax professional, while with the Full Service plan, a tax professional prepares your entire return. All of these versions can also be purchased features of turbotax deluxe program as desktop software with prices from $50 to $130 for federal returns. This version of the tax software looks through your transactions for industry-specific deductions, including real estate, ride shares, delivery driving, online retail and personal or professional services.
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If you already received your product for the current tax year, canceling your membership does not initiate a refund. The price of TurboTax Premier varies depending on the specific version you choose, whether you purchase it as a digital download or a boxed product, and whether you need to file a state tax return. The software provides step-by-step guidance, deduction finders, and W-2 and prior-year import features, making it easy for users to get started quickly and reduce the risk of errors. It is designed for individuals with straightforward tax situations who want to maximize their deductions and credits.
- On the other hand, TurboTax Premier is designed for individuals with more complex tax situations, including those with investments or rental properties.
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- 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.
- One of TurboTax’s most notable features is its contextual help in the form of videos, expandable sidebar information, and embedded links throughout that offer tips, explainers, videos and other resources.
You’ll be matched with a tax preparer, meet on a video or phone call before they begin working, and then you’ll meet again when your return is ready for review. The preparer files the return for you, and if you choose to use Full Service next year, you can even request to work with the same tax pro if they’re available. Prices range from $219 to $409 for federal returns depending on complexity, plus $54 to $64 per state return. TurboTax Deluxe is a popular tax preparation software offered by Intuit that provides users with tools to help them prepare their federal and state tax returns.
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Once your return is ready for review and filing, you’ll meet with your tax specialist again to ensure that the information is accurate. TurboTax Live services are available with each of the subscription plans, from Basic to Self-Employed. The Self-Employed edition is required if you have business income and expenses.
If you are expecting a refund, you can track the status of your refund at Intuit’s Credit Karma. This edition is recommended if you are a self-employed individual, a freelancer, an independent contractor, a sole proprietor, a small business owner, or have a home-based business. This edition walks you through Schedule C and helps you maximize deductions for your business costs such as your home office or vehicle. It has a simple user interface and an easy way to enter your income and expenses.
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Filing taxes can be a messy and complicated task, and can get costly if you are eligible for one of the free filing options. But there are programs out there to help you make it easier. TurboTax has earned PCMag’s Editors’ Choice award for many years for making the process more user-friendly than most competitors.