Easy To Use?
- Highly accurate in calculating refunds
- Double-check system to ensure calculations are correct
- Recommends deductions and credits to maximize return
- 100% accuracy guarantee
- Free version for basic tax returns
- No foreign tax support
- Additional fees for e-filing and state filing
For US taxpayers, the annual tax season can be a stressful time. Fortunately, Intuit TurboTax is here to help make tax filing easy and as stress-free as possible. With its comprehensive suite of products and services, Intuit TurboTax offers tax filers every tool they need to prepare their taxes with confidence. In this Turbotax Review, we’ll take an in-depth look at Intuit TurboTax and all it has to offer.
Intuit TurboTax is the premier tax preparation software solution available today. It offers a host of features, including complete filing support, simple step-by-step instructions, detailed explanations of complex tax forms, and free access to a tax professional. With its intuitive interface, the software makes filing taxes easy and straightforward for the experienced tax preparer and even for those with no prior experience.
Intuit TurboTax is packed with features that make filing taxes a breeze. Some of the most popular features include:
- Easy-to-use interface
- Step-by-step guidance
- Comprehensive tax preparation
- Free federal and state filing
- Deduction/credit maximization
- Maximum refund guarantee
- Error checking
- Expert help and support
We will explore these features (and more!) in this Intuit Turbotax review to provide the very best information possible and help you to make an informed decision if this tax software is right for you this tax season.
Usability and Interface
Intuit TurboTax is designed with the user in mind, making it easy to navigate and use. The main dashboard provides quick access to all of the major features and functions, while helpful explanations are always available to provide guidance and support. The interface also offers helpful tips and tricks for maximizing deductions, credits, and refunds.
Intuit TurboTax has one of the most user-friendly interfaces available today. Its simple, intuitive design makes navigating and using the software a breeze for even the most casual users. The main dashboard provides quick access to all of the features, making it easy to get started with filing taxes. Each step is clearly outlined and explained, so users can easily understand how to file their taxes correctly.
At each stage, TurboTax offers helpful tips and tricks for maximizing deductions, credits, and refunds. It also provides access to expert help from a tax expert who can answer questions and provide guidance throughout the entire process. Plus, its error-checking feature helps detect any mistakes before you finish filing your taxes. That way, you can rest assured that everything is correct before submitting your tax return.
For those looking for an extra helping hand, they also offer support services like AnswerXchange and Tax Coach Pro. AnswerXchange provides answers to common tax questions while Tax Coach Pro offers personalized tax advice that can make filing taxes easier than ever before.
Prices And Plans
Intuit TurboTax comes in several different versions with varying levels of features and pricing. The basic version, called the Free Edition, is free for all users. For more complex filing needs, there are TurboTax Basic, TurboTax Deluxe, TurboTax Premier, and Self-Employed Editions available which offer additional features at a fee.
The cost depends on the plan you choose:
- Free Edition is free for all users and provides basic features for filing taxes, however, some features and most tax forms are only available via paid plans
- Basic Plan $40 is an entry-level plan, offering a wide range of features to help users file their taxes easily and accurately. The Basic Plan includes all the essential tax forms, an easy-to-use interface, step-by-step instructions, deduction/credit maximization tools, and free audit support.
- Deluxe edition $70 offers additional features such as itemized deductions and access to the deduction/credit maximization feature.
- Premier plan $105 has all the features found in TurboTax Deluxe along with additional features such as investment income tracking and charitable donation management
- Home & Business plan $120 for Self Employed allows freelancers and entrepreneurs to file their taxes with specialized tools designed specifically for them.
Each paid version also comes with a refund guarantee as well as access to expert help from a tax expert.
TurboTax makes filing your tax return easy!
With its intuitive interface, helpful tips and tricks, and access to experts, this tax software is perfect for anyone looking for an easy way to file their taxes. Whether you’re a first-time filer or a seasoned pro, they have all the features you need to get your taxes done correctly.
Plus, its refund guarantee means it can be tested with little risk.
W-2 or 1099 Tax filing
Filing your taxes with this tax preparation software is easy, no matter what kind of income you receive.
For those filing W-2s, the software walks you through each step and provides helpful tips to maximize deductions and credits. It will also help you identify any errors before they become an issue.
And for those receiving 1099 income, the software makes sure that all of your income is reported correctly and on time. Plus, it offers specialized tools for freelancers and entrepreneurs to help them get the biggest refund possible.
Checking Your Work For Errors
This Intuit TurboTax review would not be complete without mentioning the error-checking feature. The software will review your tax return for any potential errors before you submit it to make sure everything is correct and up to date. That way, you can rest assured that all of your tax information is accurate and your tax return won’t be submitted with errors.
Every Tax Return Is Verified Before Filing
Before you can submit your return, you will be veried against the IRS database. This makes sure that all of the information on your tax return is accurate and up to date. That way, you can be sure that everything is correct before you submit it and avoid any potential problems later on down the line.
Intuit also offers a DIY feature, which allows users to create their own taxes with ease. This feature is perfect for those who want to take the time to do their taxes themselves but need help along the way.
The DIY version comes with step-by-step guidance and even includes an auto-complete feature that will fill in information for you as you go. Plus, it has built-in error-checking to help prevent mistakes and make sure everything is correct but being submitted.
Interview Q&A wizard
If you’re still unsure of how to file your taxes, there’s a helpful Interview Q&A wizard. This feature will ask you questions about your situation and provide advice on the best way to file your taxes.
The Interview Q&A wizard can also provide helpful tips and tricks on maximizing deductions and credits. Plus, it can automatically fill in a tax form and double-check your work for errors.
Exploring Your Tax Situation
Earned Income Tax Credit
Intuit TurboTax also helps you maximize your earned income tax credits. This feature will analyze your data and provide estimates on what kind of credits you may be eligible for.
Plus, the software can walk you through the process and help fill out all of the necessary tax forms. That way, you don’t have to worry
Child Tax Credit
The tax preparation software also helps you maximize your child tax credits. This feature will analyze your data and provide estimates on what kind of credits, including child tax credit that you may be eligible for.
Plus, the software can walk you through the process and help fill out all of the necessary forms. That way, you don’t have to worry about missing any potential deductions or credits.
Student Loan Interest Deduction
Are you repaying student loans? The software package can help you make sure that all of your loan interest is deducted correctly.
It will walk you through the process step-by-step and double-check your work for accuracy. That way, you can be sure that your student loan interest will be deducted correctly before you submit your tax return.
Intuit TurboTax can help taxpayers easily disclose all of their interest income. The software will automatically fill in the necessary 1099- INT form, ensuring that all of your interest income is reported accurately and on time.
Were you unemployed in the past year? You can use your online account to ensure that all of your unemployment income is reported correctly and on time.
Plus, the software can help you maximize deductions, such as for health insurance premiums, to ensure that you get the biggest refund possible.
Self Employment Income
If you were self-employed in the past year, Intuit TurboTax can help make sure that all of your self-employment income is reported correctly and on time. The software will automatically fill out all of the necessary forms, making it easy to report any income received from freelance or contract work.
The software will provide helpful guidance on how to determine deductions for business expenses, as well as taxes due at the end of each quarter. That way, you can be sure that you are paying the correct amount without overpaying or underpaying.
The software will walk you through the steps of filing a 1099 and double-check your work for accuracy. Plus, it can help you maximize tax deductions, such as for business expenses, to ensure that you get the biggest refund possible.
It’s an ideal tool for those who are self-employed.
Rental Property Owners
If you own rental property, Intuit TurboTax can help you maximize tax deductions and make sure all of your rental income is reported correctly. The software will walk you through the steps of filing 1099 for any rental income and double-check your work for accuracy.
Plus, it can help you maximize tax deductions, such as for repairs, maintenance costs, mortgage and property taxes to ensure that you get the biggest tax refund possible. It can also help you calculate any tax owed from rental properties and make sure it’s paid on time.
Did you make any charitable contributions in the past year? Intuit TurboTax can help you make sure that all of your donations are reported correctly, so you get the maximum benefit.
The software will guide you through the process of entering all of your donations and double-check your work for accuracy. That way, you can be sure that you ae claiming the standard deduction on all of your charitable contributions before you submit your return.
State And Federal Taxes
Intuit TurboTax can help you with both your state and federal taxes. The software will analyze your data and provide accurate estimates of what kind of taxes you may owe.
Plus, it can also help you fill in all of the necessary forms for both your state and federal taxes. That way, you can be sure that all of your taxes are filed correctly before you submit your tax return.
Refund and payment options
TurboTax also has a variety of refund and payment options. This includes direct deposit, credit card payments, check payments, and even prepaid cards.
For those who are due a tax refund, Intuit TurboTax will help you get it quickly through the direct deposit option to your bank account. And for those who owe money to the IRS, the software can help you set up payment plans and ensure that the payments are made on time.
Tax Filing Options
Intuit TurboTax Online offers a variety of filing options. The TurboTax Free Edition allows users to file basic forms at no cost, as well as several paid versions for those who need more advanced features.
Regardless of whether you chose the TurboTax free edition or a paid version, you can be sure that your taxes will be filed correctly and on time.
Who can benefit from TurboTax?
If you’re filing a US tax return, TurboTax Online is the perfect choice for you! Whether you’re an individual, freelancer, or small business owner, it has the tools and resources necessary to help you get your taxes done correctly and on time.
Plus, the refund guarantee means you can use TurboTax with little risk. So if you’re looking for a tool to help you prepare and file your taxes, Intuit TurboTax is an excellent choice.
How does it compare?
Intuit TurboTax is an excellent choice for filing US tax returns. It offers a variety of features and tools to help users get their taxes done quickly and efficiently. What’s more, you will be able to take advantage of a satisfaction-guaranteed refund and get access to knowledgeable assistance from an experienced tax professional.
When it comes to filing US taxes, Turbo Tax is certainly the way to go. It features a user-friendly interface, helpful tools, and resources, as well as a refund guarantee so you can feel confident in your decision. Filing taxes has never been simpler or more secure!
Can I really file for free?
The answer is yes! Intuit TurboTax offers a free version of the software that allows users to file simple tax forms and receive their maximum refund. This version is ideal for newcomers who are just beginning to get their taxes in order, as well as those submitting basic tax documents.
If you’re filing a more intricate return, Intuit TurboTax has several paid versions available to choose from. These offer extra features and tools to make the task easier for you! Whatever your tax situation demands, there’s an option that fits perfectly with Intuit TurboTax.
Taxes on the Go – The Convenient Mobile App!
One of the best things about Intuit Turbo Tax is its mobile app. This handy app allows users to access and file their taxes on the go, which is perfect for those with busy schedules or who are constantly on the move.
The app has all the same features as the online version, plus it provides a convenient way to view your tax status and make payments. So no matter where you are, you can easily manage your taxes with the Intuit TurboTax mobile app.
The Turbo Tax app is available to download for free on both Android and iOS on the play store and Apple app store respectively.
Help From Intuit
Intuit TurboTax provides comprehensive customer support that includes TurboTax Digital Assistant (a chatbot) as well as email or phone assistance when needed. Taxpayers can also access community forums where they can get answers to their questions from other experienced users.
Where to buy?
You can purchase it online from a variety of retailers, or you can easily download it directly from Intuit. Plus, there are several discounts and deals that make this effective software even more affordable – so start saving on your taxes today with TurboTax!
TurboTax Live Full Service
TurboTax Live Full Service is an advanced service that provides users with on-demand access to Certified Public Accountants (CPAs) and Enrolled Agents (EAs). Full Service allows users to get personalized advice from a seasoned tax professional, as well as the ability to file their taxes with the help of a live expert. Plus, it offers Preferred Access to the IRS and provides a final tax review with a CPA or EA.
Overall, TurboTax Live Full Service is an excellent option for those who need additional help when filing their taxes. It provides users with personalized guidance and support from experienced tax professionals, giving them peace of mind that their taxes are being done right.
So if you want to ensure that your taxes are accurate and filed on time, Intuit TurboTax Live Full Service is the perfect solution! Please note that extra charges (around double the cost of filing yourself) will be incurred for using this Full Service feature though.
Extensive Online Help and Tools
Intuit TurboTax provides comprehensive customer support, including live chat options, email and phone assistance, and community forums that offer answers from experienced users.
In addition, the software also has a wide range of online tools and resources that can help simplify tax season. Taxpayers can access tutorials, calculators, and more to make sure their taxes are done correctly.
Is It Safe and Secure?
Yes, Intuit TurboTax is a safe and secure way to file your tax return online. The software uses the latest encryption technology to protect your data and personal information from unauthorized access.
What’s the Catch?
One downside of Intuit TurboTax is that it does come with a fee, although the cost varies depending on which version you choose. Prices range from free for the basic edition to $120 for the self employed version.
In addition, there may be additional costs and fees if you purchase add-ons or opt for the TurboTax Live service.
Tax Audit Services
Intuit TurboTax also offers audit defense services, which provide users with the help of an experienced tax professional should they be audited. This service can give users peace of mind that their taxes are being done right and that they have the necessary help to navigate an audit successfully.
If you’re looking to save money on your purchase of Intuit TurboTax, be sure to search for a coupon code. You may get a good discount or other great free benefits!
If you’re looking for other filing services this tax season, there are plenty of great options to choose from. Some alternatives include H&R Block, TaxAct, and Credit Karma. Each one offers its own unique features and pricing structure so be sure to compare them before making a decision.
Ultimately, Intuit TurboTax is an excellent choice for anyone looking to file their US taxes though. It provides a comprehensive filing experience with lots of helpful resources, a maximum refund guarantee, and everything you could need when filing your taxes.
TurboTax Vs TaxAct
When it comes to tax preparation services, Intuit TurboTax and TaxAct are two of the most popular options. Both offer users a comprehensive experience with plenty of helpful resources and tools.
Overall, both are great choices for filing taxes but there are some key differences between them. TurboTax is more expensive than TaxAct but it does come with additional features like TurboTax Live, which provides taxpayers with on-demand help from CPAs and EAs.
TaxAct, on the other hand, is much more affordable and still has lots of great features like its W-4 Estimator Tool and Audit Support Center. Ultimately, the choice between Intuit TurboTax and TaxAct comes down to personal preference as well as budget.
TurboTax Vs Credit Karma
Intuit TurboTax and Credit Karma Tax are both popular filing services that provide users with an easy and convenient way to file their taxes. Both services offer a comprehensive filing experience, as well as helpful resources, tools, and customer support.
When it comes to features, TurboTax offers more comprehensive options for filing taxes. It is the most user-friendly of the two and it has a maximum refund guarantee, which can help those who are expecting to get a large refund.
It also has a feature called TurboTax Live, which provides users with personalized advice from experienced tax experts. This service comes at an extra cost, however.
Credit Karma Tax is a great choice for those who are looking for a more budget-friendly option. It doesn’t offer the same level of features as TurboTax, but it provides users with a simpler filing experience that is cost-effective.
In the end, it really depends on your individual needs and preferences when deciding between Intuit TurboTax or Credit Karma.
TurboTax Vs H&R Block
Intuit TurboTax and H&R Block are two of the most popular filing services available, each offering users with a comprehensive experience and plenty of helpful resources.
Both services offer similar features, with TurboTax being slightly more user-friendly. It also has a maximum refund guarantee, as well as a feature called TurboTax Live which gives taxpayers access to on-demand help from CPAs and EAs.
H&R Block is slightly cheaper and it provides users with an easy-to-navigate interface and lots of helpful tools like its W-4 Estimator Tool. However, it doesn’t have the same level of features or customer support that Intuit Turbotax does.
Ultimately, the choice between Intuit TurboTax and H&R Block comes down to personal preference as well as budget though.
Intuit TurboTax can also be used to file taxes on cryptocurrency transactions. This is a great option for anyone who has invested in or traded with cryptocurrencies as it makes the filing process much easier and more efficient for declaring investment income.
TurboTax includes dedicated tax forms and helpful resources that are specifically tailored to investment income earnt from crypto transactions. It will automatically calculate capital gains and losses so users don’t have to worry about doing it themselves.
However, it is more limited to crypto taxes than other more dedicated software providers such as Koinly and Tokentax. Check out our post on the best crypto tax software for more information as well as our review of Koinly and our Tokentax review.
Turbotax Reviews On Reddit
On Reddit, TurboTax has a 3/5 star rating with over 4,000 reviews. Many users praised the service for its user-friendly interface and helpful resources. They also mentioned that it was a great option for anyone who isn’t familiar with filing taxes.
Reviews On Yelp
On Yelp, Intuit TurboTax has a 3.5/5 star rating with over 1,000 reviews. Most users praised the service for its comprehensive features and helpful customer support. They also mentioned that it was a great option for anyone who wants to file their taxes quickly and conveniently.
Turbotax reviews Canada
TurboTax is one of the most popular tax filing services in Canada, and with good reason. Their user-friendly interface and comprehensive features make it easy for anyone to file their taxes quickly and accurately. But how do you know if TurboTax is right for you?
One great way to get an unbiased opinion of TurboTax is to read reviews from actual users. Reviews on sites such as Trustpilot, Reddit, and Yelp all offer great insight into what it’s like to use in Canada.
Turbotax Issues & Complaints
Despite its reputation for being dependable and user-friendly, Intuit TurboTax has garnered some complaints from customers. Some of these include the fact that it can be expensive for those with a more complex tax situation and that customer support isn’t always as helpful as it should be.
Although there are a few grievances, they tend to be infrequent. In general, customers appear pleased with TurboTax’s services which explains why it is still an admired option for filing taxes.
Turbotax UK equivalent?
In the UK, taxpayers can easily file their Tax Return form (SA100) electronically with HMRC’s online service. But, if you are looking to simplify the process further and make filing your taxes even easier than ever before, then consider utilizing a third-party software provider such as QuickFile, TaxCalc or GoSimpleTax!
Each of these offers features including built-in tax calculators, pre-filled forms, and step-by-step guidance which will help take some stress out of the equation so that filing your taxes is easy breezy!
If you require assistance with your taxes but prefer to avoid a costly professional service, consider utilizing an online tax filing program. Intuit TurboTax is one of the most popular software programs in the US and offers users an intuitive user interface that is less expensive than hiring an accountant; however, it’s not available for UK taxpayers.
Luckily, there are other third-party providers who offer similar features making submitting taxes abroad easier and more efficient!
Intuit TurboTax is the #1 choice for tax preparation software, making it effortless and straightforward to complete your taxes. In this 2023 review, we’ve taken a deep dive into the many features that set Intuit TurboTax apart from other contenders in the market and shown you how filing taxes can be simple with this excellent tool.
The website provides straightforward instructions, guiding you through each step with ease and clarity so that even the most novice tax preparer can confidently tackle their taxes. With the use of its intuitive search tool, you can quickly and effortlessly identify deductions or credits that apply specifically to your situation, saving you money!
Furthermore, an online chat feature connects you directly with a representative in case assistance or clarification is needed.
It’s also the ideal tax filing software for those seeking accuracy and precision. It utilizes a double-check system to verify all information before submitting your taxes, ensuring that no mistakes are made in calculating your return amount. Moreover, it provides an immediate estimate of how much you owe or if can expect a refund – so there won’t be any unexpected surprises at the end of this process!
Finally, one of the best features of turbotax.intuit.com/ is that all your data is securely stored and accessible anytime you want, enabling access to any previous year’s returns without any hassle.
If you’re looking for an efficient way to complete your taxes this year, consider giving TurboTax a try!
Enjoyed our TurboTax Review? Discover more of our Reviews today!
Frequently Asked Questions
Is it Suitable For Self Employed?
Yes, TurboTax is suitable for self-employed and small business owners as there are features specifically designed to help with filing self-employed income and business income taxes in those cases.
Can I Submit My Tax Return From My Phone?
Yes, you can complete and submit your tax return from the app. It’s easy to use and excellent service to those who like to use their phone or don’t have easy access to the online version.
Is it safe to use?
Yes, the tax filing platform is safe to use and stores all data securely. It also double-checks for errors before submitting your returns so you can rest assured that the information is correct.
Is it expensive?
It’s surprisingly affordable and there are plans for all budget levels. It also has a free version that lets you file your taxes for free if you meet certain criteria. However, other competitors can offer a lower price albeit with fewer features available.
Is TurboTax recommended?
Yes, TurboTax is one of the most popular and user-friendly filing services with a wide variety of features that make it an excellent choice. It’s highly recommended by their users (excellent online scores) for those who already have experience with filing their taxes as well as beginners.
What is Turbo Trainer?
Turbo Trainer is a feature that helps you learn how to do your taxes step-by-step. It is an interactive virtual assistant, which walks you through the filing process and provides helpful tax tips along the way.
How to review tax returns on Turbotax?
Once you’ve completed your tax return, the software will prompt you to review it. You can review each line item and check for errors and accuracy. You have the option to make changes or accept the return as-is, then submit it when you’re satisfied that all the numbers are correct
Is TurboTax a good service to use?
Intuit TurboTax is an excellent tax filing service that makes the process of filing taxes easy and hassle-free. It has numerous features designed to save time and simplify the filing process. Additionally, it provides accurate calculations and helps to maximize your returns with deductions and credits.
Can TurboTax be trusted?
It uses the latest encryption technology to protect your data and guarantee its safety. Additionally, it double-checks your return for accuracy before you submit it, so you can be sure that everything is correct and accurate.
Is there a downside to TurboTax?
The only downside to TurboTax is that it can be a bit expensive for those with more complex returns. Other competitors may offer lower prices but with fewer features available. Additionally, some users may find the interface a bit too simplistic and not as user-friendly as they would like.
Is TurboTax really accurate?
The software is incredibly accurate and it double-checks for errors before submitting your returns. The service also includes a feature called “TurboTax Accuracy Guarantee” which promises to reimburse customers up to $10,000 if they are ever audited. So you can rest assured that the information you provide is accurate.
Should I pay someone to do my taxes or use Intuit TurboTax?
It really depends on your individual financial situation and the complexity of your taxes. If you have a straightforward tax return with minimal deductions, doing your own taxes with tax filing software may be the more cost-effective option as it is much cheaper than paying someone to do your taxes. However, if you have a more complicated tax situation or need help with itemizing deductions, then it may be worth paying a tax professional to do your taxes.
Is TurboTax good for beginners?
Intuit TT is perfect for beginners as it walks you through the entire filing process. It also provides helpful tips and advice along the way. Additionally, the Turbo Trainer feature is an interactive virtual assistant which helps beginners understand how to do their taxes and ensures that they get it done right the first time.
Has TurboTax ever been hacked?
The platform has never been hacked or breached. It uses the latest encryption technology to protect customers’ data and guarantee its safety.
How much does TurboTax cost 2023?
The cost of TurboTax 2023 depends on your filing needs and the version you choose. The price ranges from free for basic tax documents to $120 for more complicated returns.
Does TurboTax have hidden fees?
No, TurboTax does not have any hidden fees. All prices are clearly listed on its website and you can also find discounts available for certain versions of the software. Additionally, all versions come with a 100% accuracy guarantee so you know your taxes will be done correctly.
How accurate is TurboTax refund?
The software is highly accurate in calculating refunds. Its double-check system ensures that the calculations are correct and all calculations are backed by a 100% accuracy guarantee.
Is TurboTax better than H&R Block?
It really depends on the user’s preference. Some might find TurboTax with its virtual assistant, Turbo Trainer more intuitive and straightforward to use while others may be drawn to H&R Block’s simplicity. If you’re a newbie when it comes to filing your taxes, then consider using the helpful guidance of Turbo Tax’s trainer who can guide you through the entire process without any mistakes!
Does TurboTax take money from your refund?
No, they don’t take any money from your refund. The only cost associated with using the service is the fee for filing your return, which is clearly listed on the website. After that, you will receive your refund in full without any deductions.
Is Turbotax free?
Yes, they offer a complimentary version of their tax filing software specifically tailored for individuals with simpler returns and limited deductions.
Is it free for the military?
They offer a free version for active-duty military members and their families. This version is ideal for filing federal and state returns. Additionally, they are eligible for discounts on paid plans.
Is it free for seniors?
They provide a free version for seniors, this is ideal for filing federal and state returns. Additionally, they are eligible for discounts on paid plans.
Is TurboTax available in Canada?
They offer a version of the software specifically designed for Canadian tax returns and it includes all the features and tools of the US version. Additionally, there is a Canadian customer service team available to answer any questions you may have about filing your return if you reside in Canada.
Can I get a tax expert to prepare my tax forms?
Live Full Service customers can get help from an expert CPA or EA to prepare their taxes. This is the perfect solution for those who want extra peace of mind that their return is accurate.
What is Audit Support Guarantee?
Audit Support Guarantee provides customers with the help and support of an experienced tax pro in the event of a federal or state audit. The service will provide you with advice, representation, and documentation related to your returns if necessary.