TurboTax Federal & State Returns Premier Software.
Review:
This is excellent software and much improved from the Windows version. I was
able to complete a fairly complex return including stock sales and it
walked me through everthing quickly. It spotted my failure to add the
Illinois real estate index number which would have cost me a few hundred
dollars, and the e-file worked flawlessly for Federal, Illinois, and
Connecticut returns. It carries over all your informaion from the prior
years including a lot of tedious information on charitable donations
saving time.
I like that it gives you the option to purchase audit
defense in case I get audited. All in, it is a little pricey, but well
worth it, and about what I would pay a tax preparer, and I have found
tax preparers a little lost when doing my returns. Definitely worth
every penny to make the annual tax headache easy!
Description:
Why spend more than you should to have someone else do your taxes for
you? TurboTax puts the power in your hands to keep more of your
hard-earned money, with the peace of mind of knowing you have experts in
your corner every step of the way.
- Guides you step by step, asking plain-English questions that are easy to understand and answer.
- Customized to your situation: provides extra guidance for your stock sales, rental property income, and investments, to get you every penny you deserve.
- TurboTax is right there with expert help when you need it, so you won’t get stuck if you have a question.
- Double-checks your return every step of the way to help you get all of the deductions and credits you deserve.
- Scours your return to flag problem areas that might trigger an audit. If anything does come up, TurboTax tells you how to fix it. Plus, TurboTax's audit support tools give you access to step-by-step guidance on what to do if the IRS contacts you.
Helps You Get the Most from Your Investments
- Saves time by automatically importing your investment info directly from your financial institution.
- Helps you find every rental deduction with over 20 deductions for landlords, from travel to advertising to repairs to insurance.
- Simplifies reporting rental property depreciation and shows which depreciation method will get you the biggest tax deduction.
- Helps you accurately report investment sales, walking you through reporting sales of stocks, bonds, and mutual funds and calculating capital gains/losses.
- Determines your cost basis - Finds your accurate purchase price for stock sales.
- Guides you through reporting sales from Employee Stock Plans and automatically determines your correct basis for selling shares purchased at different times or different prices.
- Guides you through home refinancing, deducting points, appraisal fees, recording costs, and more so you don’t miss a single chance to save.
- TurboTax Premier + Federal + E-file + State includes all of the great features of TurboTax Deluxe plus a download of one TurboTax State Product.
TurboTax Is in Your Corner
Tax experts when you need them
TurboTax's CPAs, EAs, and Tax Attorneys are here for you year-round so you can get expert answers to your questions and help when you need it, free (by phone or live chat1). Free online audit support tools
provide you extra assistance, and Audit Defense services are available
for purchase. The Audit Risk Meter checks your tax return for common
audit triggers and shows whether your risk is high or low. It also
provides tips to help you reduce your chance of an audit.
And, with free technical support, get answers to your software questions from a TurboTax expert via phone or live chat.
Guides you step-by-step
The
TurboTax Q&A asks you questions that are easy to understand and
answer, and puts your answers on the right tax forms for you. It automatically fills in W-2 and 1099 info from over 100,000 participating employers and financial institutions and automatically puts it in the right tax forms.
Plus, TurboTax transfers last year’s tax info,
so no retyping is necessary. It fills in information from your previous
year’s return to save time and increase accuracy. You can also import from other tax stores and software including TaxACT and H&R Block’s TaxCut (Windows via .tax & .pdf; MAC via .pdf).
Get back all the money you deserve
TurboTax is personalized to you based on your job, family, or life changes, and searches for over 350 deductions and credits to get you your biggest tax refund. TurboTax looks for deduction opportunities as you go and shows which deductions you have and haven't taken. It also tells you how to qualify for just about any deduction, so you don’t miss any opportunities to save.
ItsDeductible (included) helps you accurately value items you donate to charity.
Plus, it tracks other donations such as cash, mileage, and stocks, to
help you get every charitable deduction you’re entitled to.
Your taxes, done right
The TurboTax team of CPAs continuously updates the product with the latest tax laws
to ensure it’s more up-to-date than any individual could be. TurboTax
is so confident your return will be done right they guarantee it2. Plus, Smart Check will scan for mistakes and double-check your return for errors, so you can be confident your taxes are done right.
Fast refund
- TurboTax shows your tax refund in real time. Watch your refund add up as you complete your return. The Dual Refund Monitor constantly displays and updates both your federal and state refunds (or taxes due) as you complete your federal return.
- Plus, get your fastest refund possible (with efile and direct deposit).
- Free federal efile is included at no extra charge. If you’re a returning user, TurboTax will automatically transfer your efile information from your previous year’s return to save you even more time.
TurboTax Premier was designed to
help you make the most of your investments and rental property
deductions, so you get your biggest tax refund possible.
Choose TurboTax Premier if any of the following apply to you:
- You sold stocks, bonds, mutual funds, or options for an employee stock plan
- You own rental property
- You are the beneficiary of an estate or trust (received a K-1 form)
If
you are a sole proprietor, consultant, 1099 contractor, or single-owner
LLC, choose TurboTax Home & Business. It has everything in Premier,
plus expanded guidance to help you maximize home office, vehicle, and
other business deductions.
If you own an S Corp, partnership, C Corp, or multiple-owner LLC, choose TurboTax Business.
