Simple Guide to Effortlessly Filing Your Taxes Using Turbo Tax – MaybeMoney

Simple Guide to Effortlessly Filing Your Taxes Using Turbo Tax

Simple Guide to Effortlessly Filing Your Taxes Using Turbo Tax

The year 2018 has concluded along with the holiday season. Our decorations were removed only a fortnight ago when the inevitable reality of tax season struck me.

Many people have a love-hate relationship with tax time. It tends to be an intimidating period for those of us who need to arrange our documents, file before the due date, and face the uncertain outcome of our tax bill. However, it’s worth noting that tax filing isn’t necessarily an exhausting endeavor. Getting your finances in order can be somewhat refreshing and, dare I say, the filing process easy. You might even surprise yourself with a refund.

Moreover, doing your taxes doesn’t have to break the bank, especially with self-filing tools like Turbo Tax.

WHAT IS TURBO TAX?

You may have heard of Turbo Tax, the top-selling software that helps simplify tax time. I formerly depended on tax franchises and paid a tax preparer to file on my behalf. It proved to be not only costly but time-consuming as well. Filing your own taxes could help retain a larger portion of your money.

You’re likely thinking: But I lack the necessary knowledge and I’m not a tax professional. Fortunately, you don’t need to be a tax whiz to use Turbo Tax. Their intelligent, user-friendly software guides you through the entire process. Furthermore, filing simple tax returns is completely without charge.

In this review tutorial, I’ll explain the features, prices, and the method of using Turbo Tax to file your taxes.

PRICING

Turbo Tax offers various affordable pricing levels.

SIMPLE TAX RETURN – $0

Indeed, filing a simple tax return on the platform is absolutely cost-free. This means you owe nothing to file your federal and state taxes if you have an uncomplicated tax return.

DELUXE – $39.99

This is the most popular pricing bracket and it covers tax filing services for individuals seeking to maximize their deductions. Turbo Tax scours more than 350 tax deductions and credits to find every tax break you qualify for, ensuring you get your highest possible refund.

PREMIER – $59.99

This encompasses tax filing for additional assets such as investments or real estate.

SELF-EMPLOYED – $89.99

If you run a business, whether part-time or full-time, and are worried about managing and correctly filing taxes, this Turbo Tax package will alleviate your concerns. The software helps classify all your income and expenses and helps find all the tax deductions you qualify for.

SECURITY FEATURES

Turbo Tax’s security is on par with other tax filing software used by a CPA. They employ modern features such as multi-factor authentication, Touch ID, and data encryption to safeguard your personal information.

Users also get access to features like login history and are notified by email whenever any alteration is made. Turbo Tax is just as secure as any other tax filing software used by a CPA.

HOW TO GET STARTED

Keen on using Turbo Tax to file your taxes or want to explore their features before committing?

Visit their site and click the ‘Sign In’ button at the top to create an account and start for free.

ADDED FEATURES

TAX DEDUCTION LOCATOR

Turbo Tax ensures they identify all your qualifying tax deductions as you file, ensuring you get the best possible result on your filing.

AUDIT SUPPORT AND GUIDANCE

Turbo Tax provides an Audit Support Guarantee so that users have access to a well-trained tax professional for one-on-one assistance if they get audited.

GET YOUR RETURN FAST

Turbo Tax’s e-file option allows you to file your taxes electronically and keep track of your tax return status through the Turbo Tax mobile app.

In conclusion, Turbo Tax excels at simplifying and clarifying the tax filing process. Have you ever considered filing your taxes online with a software platform like Turbo Tax? What are your views on Turbo Tax?