![]() If you lived or worked in more than one state, you may have to pay for multiple state returns. If you live in one of the majority of states that require you to do state income taxes as well, you'll have to pay an additional $59 per state. It covers self-employment and investments including stocks, bonds, ESPPs, crypto, and rental property income. You can also claim student deductions and credits with this package. It includes everything in the free edition plus the option to itemize your taxes and enter mortgage interest. Intuit advertises this as the most popular version of its software. If you want to claim student deductions or credits, this package isn't for you. The Free Edition covers W-2 income, unemployment income, retirement distributions, limited 1099 interest and dividends, the earned income tax credit (EITC), and the child tax credit (CTC), but doesn't allow itemizing your deductions. Free Edition (for simple tax returns only, not all taxpayers qualify): $0.You only pay at the end when filing your federal and state tax returns. ![]() With all versions except desktop computer software, you can start and enter your information for free. TurboTax online offers four different ways to file your taxes, depending on your unique tax needs. Packages beyond the free version can run at least $100 total for a federal and state return. TurboTax costs more than other tax-preparation services. You can check the company's website to see current offers. The prices listed in this article do not include any discounts. Tax prep companies frequently offer discounts on products early in the season. However, some people with simple taxes may be satisfied with cheaper options, and some people might just feel more comfortable paying an accountant to do their taxes for them. That's good customer service, intuitive forms and interfaces, and confidence that you got an accurate tax refund with the maximum cash in your pocket. TurboTax can be expensive, but you get what you pay for. I'm a self-employed freelance writer with a mortgage, bank interest, investment accounts, and other complexities, but I feel confident doing my taxes myself with TurboTax. The Credit Karma Money Spend account is fee-free and has no minimum deposit.įor most tax situations, TurboTax does a great job of covering your needs.
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