With TurboTax, there are four different types of online filing plans from the most basic to the most complex. You can start the process for free and pay only when you file. Extensive knowledge section, including online video tutorialsĪs with many other tax programs, you start by selecting items that reflect your tax situation, including dependents, businesses, investments, and more. CompleteCheck, which reviews your return before you file.100% accuracy guarantee - or TurboTax will pay IRS penalties/interest.Easy import of W-2 information and the previous year’s tax return.Sidebar navigation keeps you updated on the process and lets you know what you’re missing.Complete integration with QuickBooks, since both are owned by Intuit.Some of the things you can expect with TurboTax include: Online knowledge base TurboTax plans and pricingĪs with many tax prep programs, TurboTax bases its pricing and products on the complexity of your tax situation and the circumstances you’re in. Even with the high cost, TurboTax is still less expensive, in many cases, than hiring a CPA to do your taxes for you. However, TurboTax can also be good for a confident tax filer who is pretty sure they can handle a complex tax situation without paying for an accountant - as long as they have some help. If you’re a filer looking for a better value, and you don’t need as many frills, consider cheaper software, such as TaxAct. It’s the most feature-rich among options, and it’s one of the easiest to use. TurboTax is for those who want a little more handholding from their DIY tax prep software. H&R Block 2023 comparison Who is TurboTax good for? TurboTax's online filing platform is one of the most comprehensive out there, with a guided flow that makes you feel as though you’re sitting down and talking with a tax professional the whole way through. This TurboTax review will focus on the online version and briefly cover the software downloads as well. With a single sign-in, you can access TurboTax across online desktop and mobile platforms, no matter what point you’re at in the process. Today, you can still buy the software in that physical form (or digitally), but online options make it much easier to manage. TurboTax is owned by Intuit, the same company that owns QuickBooks, Credit Karma, and personal finance software Mint. It’s been around since the 1990s when you could have bought a CD-ROM disk and used it to fill out your forms. TurboTax was one of the first DIY tax prep software offerings.
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