TurboTax is a tax preparation software that allows users to file federal and state income tax returns online. The service was created by software developer Intuit with a step-by-step guide to tax filing so that even those with no previous tax knowledge can familiarize themselves with the system. It starts by asking users to provide data such as their occupation, number of children, charitable donations made, whether or not they own a home, and other similar information. TurboTax can also automatically fill up tax forms – users simply need to take a photo of their wage and tax statements and the system will input the data by itself. Calculations made by TurboTax are said to be completely accurate and is backed by a service guarantee so that users can secure their respective tax refunds as fast as possible.
TurboTax is a tax preparation software that allows users to file federal and state income tax returns online. The service was created by software developer Intuit with a step-by-step guide to tax filing so that even those with no previous tax knowledge can familiarize themselves with the system. It starts by asking users to provide data such as their occupation, number of children, charitable donations made, whether or not they own a home, and other similar information. TurboTax can also automatically fill up tax forms – users simply need to take a photo of their wage and tax statements and the system will input the data by itself. Calculations made by TurboTax are said to be completely accurate and is backed by a service guarantee so that users can secure their respective tax refunds as fast as possible.
Specifications
Business Size
Mid-Market
Customization
Yes
Deployments
Premise, Cloud
Language Support
English
Platforms
Product Details
Features
Maximum tax refund
Electronic tax filing
Tax payment options
Quicken and QuickBooks Desktop2
Tax history
Tax tools & tips
Expense estimator
Data security & encryption
Accurate calculations
Tax reports & preparations guides
Import financial data
Updated tax & health care laws
Investment assistance
Retirement tax assistance
Taxation guides for SMBs
Donation tracker
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