Category: Turbotax

What turbotax version do I need?

If you have just interest and dividends (Schedule B) you can use any version of Turbo, and tax. However, if you have capital gains /losses reported on a brokerage statement, requiring a Schedule D, you need Turbo. Tax Premier (Online) or any version of Turbo, and tax cd/download. This free version of Turbo. Tax is […]

Why is turbotax not free anymore?

, turbo Tax announced in a blog post last July that it was not renewing its role with IRS Free File due to its limitations and “conflicting demands from those outside the program” that leave it unable to continue participating while still delivering “all of the benefits that can help consumers make more money, save […]

Which turbotax to buy?

This free version of Turbo. Tax is a great option for taxpayers whose income is largely from W-2s and savings in the bank. The tax software includes a free filing of your simple federal and state tax returns. , turbo Tax CD/Download products: Price includes tax preparation and printing of federal tax returns and free […]

What does turbotax cost?

For federal filing, Turbo. Tax offers three premium plans ranging from $60 to $120. With the paid plans, state filing is always $50 per state. This begs the query “How much does TurboTax Max cost?” Well, at $44.99, Turbo. Tax MAX will provide Audit Defense for when IRS has their eye on you. If you’re […]

Which turbotax for llc?

If your LLC is a single-member, your company will be treated as a sole proprietorship, and you can use Turbo. Tax Home & Business. If you have a multi-member LLC, it is best to choose Turbo, and tax business., turbo Tax offers plenty of features for the price. If you are using Turbo. Tax to […]

Where turbotax files are stored?

If you are using the Turbo. Tax desktop CD/Download editions, any tax data files or saved PDF’s are normally stored in Documents and in the Turbo, and tax folder. The files have an extension “.tax [YEAR],” for example, .tax2020, .tax2019, etc. You can search your hard drive for Turbo. Tax files by putting an asterisk […]

Should I use turbotax or h&r block?

H&R Block is best known for in-person tax services, but also offers highly rated online-filing options., turbo Tax is also a top option, especially if you use Quick. Books as a self-employed person. Both services have high-quality user interfaces and offer access to experts. , turbo Tax also frequently runs sales on its services and […]

Does turbotax send info to irs?

Social Security will be providing your information to the IRS to issue the stimulus payment. If you selected the mail option in Turbo. Tax, your return does not get efiled with the IRS and Turbo. Tax does not transmit the information to the IRS for you. One thought is that but if you file electronically, […]

Which turbotax to use?

For the online editions of Turbo. Tax for reporting only dividends on form 1099-DIV and interest on Form 1099-INT, you can use either the Deluxe or Premier Edition. For a Schedule K-1 you would have to use the Premier or Home and Business edition. If you have any capital gains or losses that need to […]