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TurboTax Review: Online Tax Preparation |
Compare to Other Tax Prep Services |
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| Easiest to use service with best online deduction finder tools | |
Full Review: |
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 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). 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. We highly recommend TurboTax even though their pricing is slightly higher than H&R Block. TurboTax is perfect for consumers who don't need a lot of guidance and are comfortable using a robust online tool to prepare and file their taxes. |
Search our blog archives and frequently asked questions for more information about Online Tax Preparation Reviews
| Suggested Package: | Deluxe: federal and state returns with e-file for $66.90 (federal and state may be purchased separately) |
| Federal Only Fees: | Free if filing 1040EZ otherwise $29.95 |
| State Only Fees: | $36.95 |
| Support Options: | Phone, online chat or email plus access to live community Q&A |
| Audit Protection Available?: | Yes |
NextAdvisor Tax Preparation Blog Headlines
Unemployed Tax Filing Guidelines
Being unemployed is more common than not in the current economic climate. And it comes with it's own set of questions about how this might affect your 2009 tax filing requirements. If you spent some (or all) of 2009 unemployed and want to know if you need to file, we break down the basics below.
Federal [...]
How to file a student loan deduction on your taxes.
The following post in our Reader Question series is an actual user submitted question:
Q: I am a single student. What forms do I file to get my student loan deduction?
A: A student loan deduction is a federal tax deduction for qualified student loans. The specifics of what does and doesn't meet the definition [...]
Tax season begins Friday, January 15th
This Friday, January 15, is the first day to electronically file your 2009 tax return. Of course, the deadline isn't until April 15, but it's a good idea to get started early, for several reasons. Having plenty of time to complete your return means you'll be less likely to make costly mistakes, and the sooner [...]
Who can I count as a dependent?
The following post in our Reader Question series is an actual user submitted question. To maintain the integrity of the original question, we do not edit or change reader questions in any way.
Q: The answer [in the FAQ] confuses me as it seems to say that the dependent cannot be over 24 years of age [...]
Identity theft phishing tops IRS ?Dirty Dozen?
In 2008, the Internal Revenue Service designated "phishing" as one of its annual "Dirty Dozen" tax scams. Phishing is a form of identity theft that consists of sending fraudulent e-mails claiming to represent legitimate businesses and government entities, including the IRS, in order to steal information such as Social Security numbers, online user names and [...]
Is TaxAct simple to use?
The following post in our Reader Question series is an actual user submitted question. To maintain the integrity of the original question, we do not edit or change reader questions in any way.
Q: I have never prepared my taxes online before. Is [TaxAct] pretty simple to use? I have a basic return, the only thing [...]
Can you stop, save, and return later with TaxAct?
The following post in our Reader Question series is an actual user submitted question. To maintain the integrity of the original question, we do not edit or change reader questions in any way.
Q: Can you save information on the tax returns you are submitting [with TaxAct] and go back and finish later if necessary, such [...]
I don't know if my tax return was complete.
The following post in our Reader Question series is an actual user submitted question. To maintain the integrity of the original question, we do not edit or change reader questions in any way.
Q: I don't know if my tax return was complete. [E-File Tax Returns] never asked me for payment. I gave it my [...]
Doing my own taxes for the first time, with TaxAct
Last month, I blogged about choosing a tax preparation service. I ended up deciding to use TaxAct to help me file my own taxes for the first time in my life. And, for the most part, it turned out to be surprisingly easy!
First, I gather all the W-2s and other tax documents that I have [...]
Is there a charge for each W-2?
The following post in our Reader Question series is an actual user submitted question. To maintain the integrity of the original question, we do not edit or change reader questions in any way.
Q: I have several W-2's. Is there a charge for each one or not [with TaxAct]?
A: TaxAct and other online tax preparation services [...]
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