tax turbo can help you with your taxes. This software offers step-by-step guidance through your self-employment and personal income taxes. TurboTax Home and Business then allows you to eFile directly to the IRS to get a refund in as little as 8 days. For the past several years, TurboTax has impressed us with its clear language and simple step-by-step tax prep, and Intuit's offering for the 2011 tax year is no exception. Whether you're an experienced taxpayer or you're fairly new to the system, TurboTax can help you file. The first thing should point out is that TurboTax comes in four versions--Basic, Deluxe, Premier, and Home & Business--each of which offers both an online prep option or a software download. All of the online apps let you start a single e-file for free, while the downloads cost a bit more but come bundled with more than one e-file.
TurboTax is personalized to you based on your job, family, or life changes, and searches for over 350 deductions and credits to get you your biggest tax refund. tax turbo looks for deduction opportunities as you go and shows which deductions you have and haven't taken. It also tells you how to qualify for just about any deduction, so you don’t miss any opportunities to save.
Find and maximize your deductions with the tax turbo from Intuit. It guides you through changes in your tax situation and tells you what you can deduct to get your big refund. This software walks you through over 350 deductions, including mortgage interest, charitable contributions, education, medical expenses and more. Also, it automatically double-checks your return for errors to ensure you taxes are done right. With Audit Risk Meter you can reduce your chance of an audit. With all these features and more, TurboTax Deluxe 2011 is ideal for those who need to file a state return and/or those with deductions.
The TurboTax team of CPAs continuously updates the product with the latest tax laws to ensure it’s more up-to-date than any individual could be. tax turbo is so confident your return will be done right, they guarantee it. Plus, Smart Check will scan for mistakes and double-check your return for errors, so you can be confident your taxes are done right.
This version is built on the same foundations as Basic version but expended with features that prove most adequate for homeowners or if you experienced medical or child expenses or donated to charity. If you belong to any of the mentioned categories and the software is designed to ask all the necessary questions to appropriately account for those life events. No more guessing games, tax turbo goes over 350 deductions and credits to guarantee the maximum refund, qualifies your medical bills as deductible or nondeductible, and helps you estimate your donations.
TurboTax's CPAs, EAs, and Tax Attorneys are here for you year-round so you can get expert answers to your questions and help when you need it, free (by phone or live chat1). Free online audit support tools provide you extra assistance, and Audit Defense services are available for purchase. The Audit Risk Meter checks your tax return for common audit triggers and shows whether your risk is high or low. It also provides tips to help you reduce your chance of an audit.
If you're new to the program, the first thing you'll notice is that tax turbo doesn't let you interact with the actual tax form--which is good. Rather, it poses questions in plain user-friendly language, then, it populates the proper forms for you, behind the scenes. And if there are any redundant questions between the federal and state forms, TurboTax will automatically duplicate your answers appropriately.
One of the factors making filing taxes less onerous is the fact that much of the mundane work can be skipped. tax turbo not only imports your W-2 and 1099 forms but also your financials and previous year tax returns saving you much time filling out personal information. If this is the first time doing taxes on your own, TurboTax checks for potential errors and guarantees accuracy of its reports. It is current with the tax laws, provides ample educational resources (Live Tax Answers, tax return explanation, explains tax situations with examples), and offers assistance in case of an IRS audit. That assistance includes explanation on what to expect and do in case of an audit, probability of an audit based on your return, and option to represent you with the IRS (for a fee). Your federal return can be filed electronically for free and that gives you option to receive your refund in days if you opt for a direct deposit.