There is a lot to do when it comes to filing your taxes at this time of year. Wouldn’t it be nice to have a relief of that burden and still get tax filled? If Yes, then, we’ve shared below how to help you achieve just that.
So, If you are planning to file before Feb. 21, you can get an additional $20 off comprehensive tax preparation services, including the above ‘relief’.
According to PCmag, TurboTax has been continually improved by Intuit in order to make tax filing as fast, friendly, and meticulously as possible.
COVID-19’s latest version of TurboTax even offered assistance for issues like unemployment and stimulus payments resulting from COVID-19.
TurboTax imports personal tax data from previous years and other tax preparation websites before providing users suggestions for the best method on how to go about their taxes including aspects such as filing.
A series of questions about you and those on your return must be answered as ‘first-time filers.’ You can easily find and access the tools you need with a simplified user interface that conveys a conversational and friendly feel.
In addition to encrypting all stored data and providing multi-factor authentication and Touch ID on its smartphone app, the site collaborates with the IRS and state revenue departments to prevent fraud.
Read More: Is it Better to File Taxes Jointly or Separately with Your Spouse?
Meanwhile, The TurboTax Premier package covers investment income and rental property in addition to everything included in the Deluxe package.
TurboTax Self-Employed is perfect for taxpayers who are self-employed. In addition to having everything in Premier, it also provides guidance and features for self-employed individuals, letting them report their income and expenses on Schedule C.
According to PCMag’s TurboTax 2022 review, TurboTax, and some other tax websites offer low prices to begin the filing season.
TurboTax Free Edition, Live Basic, and Live Full Service Basic are also free for super early birds who complete their returns by Feb. 15.
To be eligible, taxpayers must claim the standard deduction and have no more than $1,000 of W-2 income, a limited amount of interest or dividend income, Earned Income Tax Credit, child tax credits, and student loan interest deduction.
Take advantage of TurboTax before its deal runs out. $20 in savings and a stress-free filing can go a long way.