TurboTax Deluxe is tailored to an individual’s unique tax situation and searches more than 350 deductions and credits for the ones that are most relevant to them, ensuring they get every penny they deserve. Customers can automatically import their W-2s, investment and mortgage information from more than 1 million participating companies, increasing accuracy and saving time. TurboTax double-checks a customer’s return as they go to handle even the toughest tax situations and help is available every step of the way so customers can be confident they get their maximum refund, guaranteed.
Filing yearly tax returns is a tedious task. Especially for people who doesn’t have the luxury of time to file their taxes manually. Luckily, Intuit, an American enterprise software company that develops financial and tax preparation software, has released TurboTax Deluxe. This tax preparation software makes the filing process less stressful with its exceptional user interface, deep coverage of tax issues, excellent support systems, and huge guidance resources. Aside from basic tax return features in Basic edition, this Deluxe edition of TurboTax has additional features that are best fitted for people who already have a family and own house, does not have complex investments and businesses, and ultimately, want to maximize tax deductions and credits.
It comes with a very simple design that helps people to navigate its features impeccably. Explanatory pop-up windows are big enough to make sure that it guides are readable. The refund ticker also shows both federal and state refunds throughout the process. The search box is also on every personalized page to ensure that you can enter your query quickly. TurboTax experts, which are composed of enrolled agents and CPAs are available for live advice and general support every day of the week, from 8 a.m. to 12 p.m. EST.
If it makes financial sense to itemize your deductions, TurboTax Deluxe can also help you to file Schedule A. If you’re an independent contractor, sole proprietor, or consultant, you may be liable for self-employment tax. If so, the IRS requires you to file for schedule C or schedule C-EZ. TurboTax Deluxe provides partial support for schedule C and C-EZ filers, though you can’t claim all applicable business credits and deductions with Deluxe- you’re only able to deduct vehicle mileage, phone expenses, and/ or miscellaneous expenses up to $100, for instance. In addition to this, Deluxe users also have the access to all previous tax returns file with TurboTax, as well as all user data tied to their TurboTax accounts. It also comes with its mobile version which has all the important features and functions of the main website, which gives the user the opportunity to file their taxes whenever and wherever they want.
All in all, TurboTax Deluxe is a great software that helps people to file their tax return in the most convenient way as possible.