TurboTax 2019 - 2020 Income Tax Software Deals
Regardless of whether your a first time filer or an avid investor TurboTax can help you file quickly and calculate the most deductions possible.
TurboTax is well-ranked among the top Income Tax Software brands thanks to its many great help features and its ability to ensure your returns are accurate.
Turbo Tax is a top seller on the market, so there is an obvious fact that TurboTax is the best tax return software choice for tax preparation this year.
Intuit TurboTax 2019 - 2020 Tax Software Discounts
TurboTax online servers are in a secure atmosphere where your return is safely kept for you when ever you need to access it. You simply access the server through the internet by user name and password to work on your tax return anytime you want, and from any computer that has internet access. Plus, as a TurboTax Affiliate, we offer discounts on TurboTax tax software whenever available throughout the tax season.
Description: TurboTax 2020 Online Editions
TurboTax Free Edition
- The ideal solution for simple returns that don't need special guidance. Standard 1040 1040ez tax filing support.
This Edition doesn't import data so you will have to enter these numbers manually. This version will nudge you to buy higher version as you go through your return, especially if it finds a better product for your filing needs.
TurboTax Deluxe Edition
Finds all the deductions you can qualify for, Maximizes Your Deductions: Asks simple questions about your income, family situation and changes in your financial situation. Then it searches for more than 350 deductions to get you the biggest refund, guaranteed.
TurboTax Premier Edition
Get the most from your investments and rental properties. Saves time by automatically importing your financial and investment information directly from your financial institution. Walks you through reporting sales of stocks, bonds and mutual funds. Automatically calculates capital gains or losses, then keeps track of those that carry over to future returns.
TurboTax Home + Business Edition
Home and Business Also includes everything in the Premier edition. Get the support you need to take advantage of your small business filing.
Choosing the best product for your filing needs is the first, and the most important step to insure a stress-free filing experience.
Turbo Tax can handle anyone's tax filing needs, including home owners, and those with significant medical or education expenses. Those paying tuition for themselves or others that want to itemize deductions can take advantage of these programs.
Federal and Sate tax filing over the last several years has become a relatively simple process to perform online with easy to follow step-by-step guidance from top rated federal tax software programs.
As each new tax filing season approaches, more and more software developers jump into the multi billion dollar federal income tax software market. While most software brands on the market today will be simple enough to use for basic 1040ez tax filing, two software companies have been leading the industry with robust programs for all tax filing levels.
Once you've completed the process of estimating your taxes, you'll be moving forward in the process of selecting a tax software program to prepare and file your return online.
Not all of today's tax software choices and brands are created equal. In fact, some online tax preparation products can be down right cumbersome and difficult to use.
TurboTax America's Top Consumer Tax Service Choices
TurboTax Online Tax Preparation. This brand continues to be the market leader for sales year after year.
With annual market share on the rise, TurboTax continues to innovate by producing more user friendly tax products every year.
No other service appears to be gaining ground at this pace though many are on the rise as they grasp for their share of this multi billion dollar business.
With TurboTax in the lead, it's a competitive market trying to catch up.
Do I have to file a federal tax return?
It may come as a surprise to many individuals that not everyone needs to file a federal
tax return. But, federal criteria allows for certain taxpayers to not file a federal return.
The IRS states that many individuals who do not need to file a federal tax return still
do because they are not aware of the requirements for filing.
Your gross income must be looked at first to determine whether you need to file a federal tax return. If your tax filing status, age, and gross income is at or under the amounts listed below, you do not need to file a federal tax return. However, even if your gross income is less than the amounts indicated in the IRS income tax chart, you may still need to file a federal return under certain circumstances including:
- You are eligible to receive a federal tax refund
- You are eligible to receive the earned income tax credit (EITC)
- You are a self-employed individual that had more over $400 in earnings from self-employment during the tax year being filed
- You owe an excise tax on your retirement plan assets
- You owe social security and Medicare taxes on tips which you did not report to your employer.
TurboTax Free Federal Tax Filing Online
Free tax software programs like the TurboTax Free Edition are a Fast, Easy and Reliable online federal tax filing solution to keeping your tax preparation costs down. Free income tax filing for preparing and filing your tax return online electronically is a great choice for those who have minimal deductions and don't require special guidance or tax forms.
With the Free federal tax filing web software programs you get all the basic benefits of standard tax software editions with the exception of import capabilities and limited support.
How Federal Taxes Add Up!
Federal income taxes are assessed and collected by the Internal Revenue Service and Uncle Sam is not very kind to anyone who neglects there tax payment responsibilities.
Take my advice and don't mess with the IRS. Not meeting your tax payment obligations will result in penalty and interest charges that do add up quickly.
Your taxes are assessed for:
Income tax payments that run our country, or better described as our governments wasteful budget.
Social Security payments are assessed to support the retirement system
Medicare payments are assessed to support out health coverage system.
With our federal tax estimate tool above you can calculate each of these taxes individually to see what each of these entities charge and how they stack up as the percentage each one takes from your income. Then add them together to see how deep Uncle Sam will be digging into your pocket.
Fact is we all need to keep better track of our tax bill to insure were taking advantage of tax deductions to keep it as low as possible.