Item: TurboTax
Rating: 9.8
Author: Jonathan Kerns

TurboTax Review 2020

If you are among those who absolutely dread tax season because of the numerous complications and headaches that the whole process entails, then you might want to look into taking advantage of a tax software to ease your burdens. And if you do decide to take this route, then you should definitely turn your attention towards TurboTax, one of the leading tax softwares in the industry.

Created by Intuit, this particular tax software has gained popularity among a wide variety of taxpayers – from the sole proprietor to business owners – thanks to its amazingly robust set of features. You can easily prepare, print, and file your taxes electronically using this, along with a whole host of other useful tricks up its sleeve. More than that, they also provide an easy to use interface, incredibly comprehensive learning resources, and some really customer-friendly guarantees that will surely put your mind, as well as your wallet, at ease. Are you ready to discover a whole new way of doing your taxes? If so, keep on reading now to learn more about TurboTax, now!

File With Confidence

On top of TurboTax’s immensely robust set of features, it is also one of the most secure tax softwares in the industry. Comparable, and sometimes similar, to major banking institutions’ security measures, this particular software employs bank-level encryption, multi-factor authentication, and TSL technology, which is an improved encryption technology over SSL. Beyond the technologies under its hood, the company also has a dedicated security staff whose sole purpose is to keep a close watch on a safeguarding program. And finally, the company also performs continuous risk assessments in order to identify and address potential risks, as well as work with industry experts for any external security audits.

Features

The biggest thing that will no doubt draw people into using TurboTax is the fact that this particular tax software offers one of the most complete set of features in the entire industry. Wrapped in a clean and intuitive user interface, taxpayers of all kinds can easily take advantage of this software to make doing taxes less of a hassle and more of a breeze. And it should, considering that their prices are more expensive than other tax softwares out there.

That said, you are definitely getting what you pay for here, and if you really are on a tight budget and all you need to do is some simple tax processes, they also provide a Federal Free Edition to start off with – but we aware that the state price for this plan is $29.99. With this plan you can easily prepare, print, and electronically file your taxes, as well as automatically import your W-2 tax forms.

If you are looking for more features, however, you might want to spring for their other plans. The first of which is the Deluxe, and it will cost you $54.99 for the federal price, and $39.99 for the state price. This plan gives you access to features such as the ability to transfer last year’s TurboTax returns, online access to all tax returns on file, itemized deductions, miscellaneous income support, and more.

The Premier, meanwhile, goes for $79.99, for the federal, and $39.99 for the state price. This plan has support for Schedule A, D, and E, in addition to all the perks found in the previous two plans. The Home & Business plan, on the other hand, will cost you $104.99, for the federal, and $39.99 for the state price. This will give you all of the perks of the previous plans, plus support for Schedule C, which is for those with small businesses. This plan also allows you to maximize business tax deductions and deprecation.

Finally, the Home & Business + QuickBooks Self-Employed plan goes for $11.99 per month, and is ideal as a year-round solution. It gives you access to all of the features on offer, plus the ability to maximize your self-employment tax deductions, easily track and categorize all of your expenses and income for the entire year, and even automatically calculate quarterly taxes as to avoid any year-end surprises down the line.

Customer Support

As far as customer support goes, TurboTax definitely goes the extra mile. Aside from providing phone, live chat, and online contact form options, the company behind this particular tax software also does its absolute best to educate their customers about anything and everything relating to their service as well as the entire tax filing process. From incredibly helpful traditional, as well as community-based, FAQs, to tax tips and videos, and even a variety of tax calculators, you will definitely not lack of any useful resource with TurboTax.

What's the Verdict on TurboTax?

A Must Try