So, what does all of this mean in terms of whether or not TurboTax is worth the price? Simply put, it depends on your individual needs and circumstances. So, if you have any sort of tax questions that may be complex, even the highest level package may not work for your specific tax situation. ![]() It includes everything in the Deluxe version, plus extra help for those with investment income.Īll three versions include free phone support from a TurboTax expert, but only the Premier version includes live chat support. Keep in-mind that even with the Premier version, you do not get to speak with a real tax attorney. The Premier version is best for filers with investment income or rental property income. It includes features like deductions for home office expenses and an audit risk meter that lets you know if your return is more likely to be audited by the IRS. The Deluxe version is the most popular choice for filers with more complex returns. However, if you have a more complex return, you might want to consider one of the other two options. If you have a simple tax return, the Basic version might be all you need. The Basic version is the cheapest option, but it doesn’t include all of the bells and whistles that the Deluxe and Premier versions do. The price you pay will depend on which version you choose. TurboTax offers three different versions of its software: Basic, Deluxe, Premier, and Self-Employed. To understand whether or not TurboTax is worth the price, it’s essential to know how the pricing structure works. You can use several different editions, but the most common one is the TurboTax Free Edition. TurboTax is an American household favorite when it comes to filing your annual tax return. We will cover all you need to know about TurboTax Audit Defense and other alternatives that may better suit your situation. To learn more about this service and if it is even worth purchasing, check out our guide below. So, what makes TurboTax stand out? And is it really worth the price? After all, there are so many other tax preparation software options out there. However, some people are hesitant to use TurboTax because they’re not sure if it’s really worth it. Household tax preparation software services, such as TurboTax, come with audit protection services, which is why every year, millions of taxpayers file their taxes using TurboTax.įor many, it’s the simplest and most convenient way to file. ![]() If you don’t, there is a high chance the IRS will audit your return. To ensure that you receive the return you deserve or to ensure that you don’t end up paying more than you owe, you will want to make sure you file your return as accurately as you can. Each year, over 200 million Americans file their tax returns in hopes they won’t have to pay a large tax bill or in hopes that they will receive a significant return.
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