TurboTax Review: Online Tax Preparation and Filing
|Sign up for TurboTax|
|Easiest to use service with best online deduction finder tools|
TurboTax offers the most robust online tool for those who just want to file their taxes without the hassle of dealing with in-person guidance.
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 $49.95 for Federal returns and $36.95 for state returns.
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.
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.
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.
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TurboTax Forum Posts
- TurboTax Review
Here is NextAdvisor's review of TurboTax: http://www.nextadvisor.com/online_tax_preparation_services/turbotax2_review.php