![]() ![]() TurboTax has become a well-established brand over the three decades it's helped people do taxes and is now the best-selling tax software provider in America. According to the company, which was founded all the way back in 1983, its mission is "powering prosperity around the world." TurboTax is owned by Intuit, which also offers other well-known financial software, including Mint and Quickbooks. How much does TurboTax cost: Products and prices.While TurboTax offers a free option for those with basic W-2 income, anyone with more complex situations will need to invest in TurboTax's more advanced paid options. A potential downside to TurboTax is the cost.While H&R's paid versions are a bit more affordable than TurboTax's choices, they do not include complimentary professional assistance. Yes, TurboTax and H&R Block both offer a series of paid filing options as well as a free option for basic returns.TurboTax's free version is truly free and offers very basic return services.For 2022 taxes, most taxpayers are expected to get their refund within 21 days of filing, according to the results of previous years. Once you e-file your return through TurboTax, it typically takes the IRS 24-48 hours to accept it, after which the IRS processes your payment.Taxpayers can begin filing their taxes for 2022 on TurboTax as soon as they have their income information from employers.When can I file my taxes for 2022 on TurboTax?.It costs between $0 and $89 to file via TurboTax's do-it-yourself software, depending on the source of income on the return.How much does it cost to file via TurboTax?.If you select the wrong product initially, you can upgrade without losing the information you've already entered. The TurboTax website lists the products and what tax situations they're appropriate for.How do I know which version is best for me?.Yes, TurboTax is legitimate and guaranteed to be 100% accurate.Here are answers to commonly asked questions about TurboTax. It even offers a 100% accurate calculations guarantee, which covers your fees if a mistake on your TurboTax return gets you in trouble with the IRS. TurboTax guarantees that customers will not be required to pay for their filing until they’re satisfied with their credit and deduction access. For example, TurboTax may ask a question like “Do you have any dependents?” The answer will affect the results of the return filed, ensuring that users get the refund they qualify for. ![]() Customers can follow a simple format to determine which deductions and credits they qualify for. One area where all of TurboTax’s versions shine is ease of use. TurboTax also offers a mobile app that lets you complete your returns using any device, including your phone. If you run into any problems, you can get assistance with the product of your choice or turn your return over to a pro to complete. While the free edition will walk you through the basics, the paid versions offer features for crypto investors, freelancers and small business owners to make sure you are getting the most money back. You can even upload a photo of your W-2 and TurboTax will populate your return with the information. You can jumpstart work on your TurboTax return by importing information from either your last year’s TurboTax return or a PDF of last year’s return you completed using other tax software. Filers who are self-employed, collect income from investments or rental properties, or who want to itemize deductions will pay between $39 to $89 for self-filing software. Taxpayers who only need to file a 1040 return and who are taking the standard deduction qualify for a free federal return through TurboTax. However, not everyone will be able to file through the free return system. ![]() TurboTax’s free version is truly free, offering very basic return services for $0. There are multiple paid versions of TurboTax designed to streamline filing for different income sources, deductions and credits taxpayers may qualify for. The features that you have access to when filing your taxes through TurboTax vary depending on which version you’re using. ![]()
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