TurboTax is a leading Software-as-a-Service (SaaS) suite of offerings which makes online tax filing easier and faster. With the help of experts and the best tax software in the market, TurboTax guarantees you maximum tax refund. Keep your documents close and answer some basic questions and you are done. TurboTax claims 100% accuracy and delivering maximum refund ever. TurboTax does most of your work to save you time and energy and ensures that everything is in order. Take few minutes to answer their questions about your lifestyle, profession, investments, assets, marital status and the like, TurboTax will take care of everything else. There are tax products for everyone no matter what your background and the experts will guide you through and explain the entire process. They will check and double-check your documents to make sure that everything is above board. TurboTax experts even fill up your forms if you are having any problem or difficulty. Here is a summary of its five outstanding tax products.
TurboTax Federal Free Edition: As the name suggests, TurboTax Free Edition and all the privileges associated with it are absolutely free of cost. This product deals mainly with online filing of federal taxes for people with simple needs and first timers. Submit all your W2, 1040EZ, 1040A, 1040 and other forms along with some pertinent documents and answer some questions. TurboTax checks all the information you have provided and then e-files your returns for fast action. You can get help from its experts anytime you want.
TurboTax Basic: Along with all the benefits provided by the Federal Free Edition, TurboTax Basic also offers more interaction with the experts before, during and after filing your returns. The experts are available to help anytime you want, whenever you want. If you have used Turbo Tax before, it imports all your relevant information and documents to save time and increase accuracy. Turbo Tax Basic provides a security blanket from audit risks and gets you an extra 5% on your refund.
TurboTax Deluxe: TurboTax Deluxe is especially suitable for homeowners, who have health or medical loans. Ensuring maximum tax deductions, finding ways for deduction of mortgage interests and property taxes, maximum refunds, minimizing audit risks, are some of the characteristic services of this product. TurboTax Deluxe looks up more than 350 tax deductions to find what suits you and your situation. It helps you get better education tax credits, also walks you through on how to set up donations for charitable foundations.
TurboTax Premier: This product is designed for rental property owners and who have some investments. TurboTax Premier helps in determining the accuracy of your purchase price and current value of stocks, bonds and mutual funds. Turbo Tax Premier advises contribution to the IRA and gives a precise market value on your rental properties. It helps with finding tax breaks for your properties and guides you on your investments.
TurboTax Home and Business: TurboTax Home and Business is for contractors and people who own small businesses or are about to open one. File Schedule C with the help of Turbo Tax Home and Business, and save a lot on asset depreciation and reporting. Create as many W2 and 1099 forms as you need for your employees and get insights about your expenses and industry write-offs. Visit MyVoucherDeals.com for Free Turbotax online tax fling software and deals for all other tax prep software in the market.
