TurboTax

On January 15, 2012, in Tax Software, by Justin

TurboTax OnlineTurboTax has become the standard for online tax software. They have earned their stellar reputation by creating the most comprehensive and easiest-to-use online tax software on the market. TurboTax has gathered together teams of tax professionals to ensure that their tax information and IRS forms reflect the most current tax laws.

Like most tax services and software, TurboTax claims to offer the fastest tax refund. Truth be told, there’s not really anything your tax software can do about getting you your refund faster. That’s completely up to the IRS. The key is in getting your info submitted to the IRS as soon as possible, which is where e-file comes in. TurboTax is set up for e-filing your tax return directly with the IRS, which means you can get your tax refund via direct deposit in as few as 7 days from when you file. That’s pretty fast! You also have the ability to monitor the status of your refund, which is helpful.

Afraid you’re going to owe money to the IRS and your state? You can rest assured that TurboTax is built from the ground up to maximize your deductions and tax credits and minimize your tax liability. If there’s a tax deduction or tax credit available, TurboTax will make sure you get everything you qualify for and supply all the proper schedules and worksheets needed by the IRS. That sort of thing can be very difficult to navigate on your own, but I found that TurboTax makes it exceedingly simple. Fun fact: the Deluxe version of TurboTax can manage over 350 tax deductions and credits. Can you do that?

This year I’ve spent a good amount of time testing the best online tax services by submitting a variety of tax scenarios, particularly some that deal with the newest tax law changes. TurboTax easily managed everything I threw at it and provided the largest refund possible.

In summary, TurboTax has been in the tax software business longer than anyone I know of and their experience shows. They have really outdone themselves and continue to go above and beyond year after year. I highly recommend you give TurboTax a try. Regardless of the complexity of your taxes, you can try all of their products for free and only pay for what you need if you choose to file your return with them. That’s a pretty sweet deal!

 

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