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TurboTax Review: Online Tax Preparation and Filing |
| Sign up for TurboTax | |
Rating: |
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| Easiest to use service with best online deduction finder tools | |
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[Editor's note: TurboTax is offering up to 40% off their tax plans for NextAdvisor users. Just click on the Sign Up for TurboTax links to take advantage of this deal.]
Turbo Tax offers the most robust online tool for those who just want to file their taxes without the hassle of dealing with in-person guidance. Pricing TurboTax Federal Free Edition offers free preparation and e-file of some federal returns, but only for those consumers who will be filing simple 1040EZ returns. Those consumers with significant deductions will likely require an upgrade to TurboTax's Deluxe package which costs $29.95 for Federal returns and $36.95 for state returns. Interface TurboTax is powered by Intuit, the software company that produces other popular personal financial management tools such as Quicken. Their online tax preparation and filing system is extremely easy to use and has the most robust automated deduction tools of any of the providers we reviewed. They walk you through every step of the process, asking easy questions written clearly. Support They also offer excellent support tools on their website and the ability to contact customer support representatives by phone, web based chat or email (although these customer support representatives are not tax professionals). If you have questions, it's also quick and easy to find answers inline. Conclusion We highly recommend TurboTax even though their pricing is slightly higher than H&R Block. TurboTax is perfect for consumers who don't need in-person guidance and are comfortable using a robust online tool to prepare and file their taxes. Sign up for TurboTax | Compare to Other Online Tax Preparation |
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| Online Federal Tax Products: | Free Federal: Free Basic: Free Deluxe: $29.95 Premier: $49.95 Home & Business: $74.95 |
| Federal Only Fees: | Free if filing simple returns, otherwise $29.95 - $74.95 |
| State Only Fees: | $36.95 |
| Support Options: | Phone, online chat or email plus access to live community Q&A |
| Audit Protection: | Yes |
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