Top 5 TurboTax Versions You Need to Know
Discover the top five TurboTax versions ideal for different tax situations. From free options for simple returns to premium packages with live expert support, this guide helps you choose the best software to efficiently handle your taxes. Each version offers tailored features such as deduction maximization, investment tracking, and freelance expense management, making tax filing hassle-free. Understand the costs and benefits of each TurboTax edition to ensure seamless and accurate submission of your tax documents. Simplify your tax season with TurboTax's versatile options.
Top 5 TurboTax Options for Streamlined Tax Filing
TurboTax has established itself as a leading software for easy and reliable tax filing, helping users navigate complex tax processes efficiently. To cater to diverse needs, TurboTax offers various editions, each tailored with unique features to simplify your tax return submission. Here's a look at five popular TurboTax options:
- TurboTax Free Edition: Ideal for straightforward tax situations, this free version provides accurate calculations, effortless e-filing, and printing. You can upload W-2 forms using your device for quick start.
- TurboTax Deluxe: Starting at zero cost for preparing your taxes, this version charges a fee of about $39.99 when you file. It scans for over 350 deductions and credits, highlighting mortgage, property, and charitable deductions with its ‘ItsDeductible’ tool.
- TurboTax Premier: Priced at approximately $59.99, this option covers all Deluxe features plus investment handling, including stocks, bonds, and rental income. It imports investment data and deducts appraisal and refinance fees seamlessly.
- TurboTax Self-Employed: Designed for freelancers, contractors, and small business owners, this version assists with expense tracking, mileage, and industry-specific deductions. Filing costs around $89.99.
- TurboTax Live: The most comprehensive package, offering live support from tax professionals, is available for about $149.99. It includes one-on-one review with an EA or CPA and personalized advice to ensure precise filing.
