TurboTax is a popular software program that helps individuals and businesses file their taxes accurately and efficiently. It provides a step-by-step interface that guides you through the tax filing process, making it easier to complete your return. With TurboTax, you can file both your federal and state tax returns.
One of the key features of TurboTax is its thorough search for deductions. The software searches over 350 deductions to ensure that you receive all the deductions that apply to your specific situation. This can include deductions for donations, mortgage expenses, education expenses, and medical expenses, among others.
TurboTax also offers the convenience of e-filing your tax return, which allows you to submit your return electronically to the IRS. This saves time and eliminates the need for paper filing. Additionally, the software includes a CD-ROM, which allows you to install TurboTax on your computer.
Another helpful feature of TurboTax is the automatic transfer function, which allows you to import data from your previous year's tax return. This can save you time and effort by pre-filling certain information based on your previous return.
Overall, TurboTax aims to simplify the tax filing process and help you maximize your deductions. It provides a user-friendly interface, comprehensive deduction search, and options for e-filing and data transfer.
