TurboTax Home & Business 2018 Review Leave a comment
TurboTax is the #1 best-selling tax software.*
Pay from your federal refund. A Refund Processing Service fee applies. Prices are subject to change without notice.
Every year, TurboTax sees a big bump in sales during tax season. But has that same surge happened this year? A look at Facebook ($FB) Likes suggests not.
Easy to Use
Doing your taxes involves rifling through all the IRS forms you receive in the mail—W-2s listing your wages, 1099s showing miscellaneous income from one-off gigs, etc. All that data can be tedious to sift through and copy into your return, but TurboTax helps ease the process by automatically importing your forms. It also offers a “Maximum Refund Guarantee,” which means you won’t get less of a refund than expected.
TurboTax has been the top-selling tax software for decades thanks to its easy-to-use interface and user-friendly features. Its question-and-answer format lets you select which topics apply to you, and skip sections that don’t, saving time. It’s designed to minimize the amount of jargon needed, and info bubbles and explainers help when you’re stuck. The software also cuts out unnecessary work by allowing you to import prior-year returns from competing software, as well as from H&R Block and TaxAct.
If you do have questions, TurboTax has a number of online support options—including chat, email and phone—to answer your tax filing questions. You can even get a live, personal consultation with an expert through the TurboTax Live product. This is a paid option, however, and is only available for customers who purchase Deluxe or higher.
The software works with hundreds of official integration partners, allowing you to connect your tax information to a variety of financial accounts and brokerages. This saves time by letting you import your data from these sources automatically, and it also ensures that your data is accurate. TurboTax also provides a handy tax calculator to give you an estimate of your taxes.
A key benefit of TurboTax is its security measures, which are designed to protect your sensitive information. The company uses industry-standard encryption protocols to secure your files and passwords, and it updates its security measures regularly. Intuit also employs a team of cybersecurity professionals to monitor its systems and look out for hacks.
You can purchase TurboTax at most major retailers, including Amazon, Walmart, Target, Costco and Office Depot. It’s also available at some grocery stores and pharmacies, though this may vary by region.
Accurate Calculations
TurboTax is the #1 best-selling tax software with the most comprehensive help available. It’s easy to use and backed by the 100% accuracy guarantee, which reimburses you for any penalties and interest caused by calculation errors on your return. This is similar to the H&R Block refund guarantee, but H&R Block has a $10,000 cap on their reimbursements.
Intuit is a huge company that makes a lot of different types of software, but they’re mainly known for their tax-preparation services. They claim to have filed 31 million returns in 2016 and compete with rivals like H&R Block, TaxACT, and TaxSlayer. They also offer business tax filing services for a fee, and they have a number of perks to attract customers during tax season.
One of these perks is TurboTax Refund Advance+, which allows you to receive your refund as soon as the IRS accepts your e-filed return. This is a great way to get your money fast and put it toward holiday shopping or other expenses. The average federal refund is about $3,252, so this could be a lifesaver for many people.
Another a perk is TurboTax Live, which allows you to talk to a CPA or tax expert on the phone for free during certain hours. These calls can answer questions about specific situations, such as filing for a home purchase or starting a new job. The company also offers a free online chat for basic questions.Download Old Version TurboTax
While there are some benefits to using TurboTax, it’s not a perfect service. Some users might be better off with a more automated system that can file taxes for them, but Congress hasn’t been interested in changing the status quo because of lobbying from companies like Intuit. That’s why it might be worth your while to consider a boycott to pressure lawmakers into making changes to the system.
Fastest Refund Possible
Getting a tax refund is exciting, but it’s not always easy. Luckily, TurboTax and H&R Block help consumers file quickly and accurately. The companies’ paid software programs walk users through the filing process and provide helpful tools, including the ability to import W-2s and other tax documents. Moreover, both services provide customers with the option to hand off their tax filings to an expert if they need help.
As the #1 best-selling tax filing software, TurboTax is able to offer a fast and accurate refund estimate and help customers achieve their goals. The program offers a variety of features, including deduction maximization, which searches more than 350 deductions and credits to help maximize a refund or minimize the amount you owe. The software also helps customers take a picture of their W-2s and other tax documents with the mobile app, allowing them to import them in minutes.
Intuit provides a number of guarantees, including 100% accurate calculations and maximum refunds. Its customer service is available by phone, email or live online chat during the year. Moreover, the company has a money-back guarantee for products purchased through its website.
The company’s refund-deposit option allows taxpayers to get their tax refund in as few as 21 days. The product automatically deposits funds into a checking account with Credit Karma Money, which is accessible through a virtual card added to the user’s mobile wallet and a physical Visa debit card that arrives in 7-14 days.
In addition, the product includes an IRS-approved tax refund tracker that lets taxpayers know when their IRS refund is on its way. If the product receives a notice of rejection from the IRS, it alerts customers immediately. Its TurboTax e-file service ensures that returns are submitted electronically to the IRS and state agencies. It also checks for any errors in the return that may require a correction or additional information. Additionally, the product has a feature that allows taxpayers to import data from Quicken and QuickBooks. However, the import function is limited and not compatible with all versions of Quicken and QuickBooks.
Unlimited Access to TurboTax Live
TurboTax makes tax filing easy, with a simple Q&A format that walks users through their return step by step. The software has been around since 1984, and it’s now one of the most popular tax-prep programs on the market. While it’s more expensive than other options, TurboTax is worth the price for filers who want a program that will walk them through their return, line by line.
Turbotax updates its software frequently to ensure it’s up to date with the latest laws and regulations. TurboTax Business 2018 for MAC The program also performs thousands of error checks to ensure that all tax forms are filed correctly and 100% accurate. If a mistake results in an IRS or state penalty or interest, TurboTax will pay the penalty and interest.
If you have a question about your taxes that the software can’t answer, you can contact TurboTax Live for help. The service is free for basic questions and costs $89 if you need a full tax consultation. You can also get live assistance from enrolled agents and CPAs for a higher fee.
The software is a great option for homeowners, investors, and charitable givers, as it will search for every deduction you’re eligible for and maximize your refund. It’s also a good choice for small business owners, as it will help you file all the necessary forms to claim your business expenses and income.
The program is up to date with the latest laws and regulations, including new health care laws. The software is constantly updated and is designed to be as simple as possible. It’s also highly secure, encrypting all customer information and requiring multi-factor authentication.