Active military users can file federal and state taxes for free, using a link via the website’s menu. TurboTax’s software dynamically adjusts, as opposed to be there being a separate “product” as TaxAct markets their tax service for military. The upshot, however, is that TurboTax is our Editors’ Choice winner again this year because the elements that make it superior to its competitors keep improving.
What does 152 mean on tax refund?
One of the more common questions refers to Topic 152, and this simply means that you are going to get a refund. The IRS has said in their guidelines that 90% of tax filers should get their refund within 21 days of filing this year, and it's worth bearing in mind that these are normal days, not 'business days'.
Also, in the old PC version I could flip over to the actual IRS & CA forms so I could see the actual implications of choices made in the answering questions. You can automatically import W-2 information from your employer if it’s partnered with TurboTax, but you can also take a picture of your W-2 and upload it to transfer the data to your return. You can import certain 1099s, and the Self-Employed version also lets you upload 1099-NECs from clients via photo, as well as import income Intuit Turbotax 2021 and expenses from Square, Uber and Lyft. TurboTax is one of the more expensive online filing products, but its ease of use and human help options are noteworthy. Sign Up NowGet this delivered to your inbox, and more info about our products and services. Users without a simple return must upgrade to a paid version of the tax service, the FTC alleged. TurboTax has made a number of refinements to its overall experience, from navigating the website to the presentation of information.
All TurboTax products include
“While it is disappointing that the FTC chose to file this lawsuit, we look forward to presenting the facts in court and are confident in the merits of our position,” McLean added. The company says the arguments “simply aren’t credible.” TurboTax was part of the IRS Free File program until last year. For other tiers, or when that deal expires, you can add TurboTax Live at any time by clicking on the Live Expert Help badge at the top right of the screen. Free assistance is available for the first 90 days on new purchases, excluding internal hardware installations or networking support. Your invoice reference number will be required for free assistance. Using the software may require the use of a computer or other device that must meet minimum system requirements. It is recommended that you familiarize yourself with the system requirements before making your purchase.
Finally, the service prompts you to agree to share tax info with Intuit to get personalized strategies. That ends the onboarding process and you can finally begin working on the return itself. The service next showed a summary of what I could expect to deal with in my taxes, and it also gave more reading info, in a new card-like style, about hot topics like Child Tax Credit and stimulus payments. If you realize you forgot something at this stage, you can’t go back. But you will be able to manually recoup later within each related section. The service does include resources related to tax year 2021-related events, like the Child Tax Credit. This information is presented as you encounter specific options in the service.
Primary File Type
Premier version plus business income, expenses on a Schedule C, home office deductions and features for freelancers. At some point, the new pop-up chat head reminded us of live product specialist chat help, but it’s not persistent and I couldn’t find this feature otherwise. In the top navigation bar opened the digital assistant that points to existing info in TurboTax’s vast resource library. But I asked the digital assistant to speak with a product specialist, and that invoked a phone call.
- Get the guidance you need to easily enter your business expenses, no matter how you track them.
- Instead of shifting your attention between the Form 1040, related forms and schedules, IRS instructions, and third-party reference books, you go through the tax preparation screens one at a time in a logical order.
- And TurboTax covers more scenarios – and it does so more clearly – than some of the competing services.
- You have to click a link to see a real-time dollar amount representing a refund or payment obligation in the app.
- PCMag.com is a leading authority on technology, delivering lab-based, independent reviews of the latest products and services.
- Our calculations are 100% accurate so your taxes will be done right, guaranteed, or we’ll pay you any IRS penalties.
And TurboTax has a phenomenal free limited-time deal for those who qualify for Basic Full Service. Also, you can see up front what Full Service costs before you start; H&R Block’s interface obscures the pricing for its virtual tax prep option online. The FTC has requested an immediate halt of TurboTax advertising ahead of the April 18 deadline for taxpayers to file their 2021 income taxes. The FTC has sued TurboTax maker Intuit, alleging its software deceives customers by claiming the product is free but then directs most users to paid products and services. TurboTax Live is a slightly different animal, one that Intuit introduced three years ago. This person can see your screen if you allow it, and they do a line-by-line review of your tax return.
Find More Money with These TurboTax Tools
TurboTax’s personality is on display from the start, even before you start filling in dollar amounts. You may like this friendliness, especially if you’re nervous about your taxes or this is your first time using a tax prep site. In any case, the extra chumminess isn’t overdone, nor will it slow most users down. FreeTax USA and Cash App Taxes are still totally free for federal filing (FreeTaxUSA charges $12.95 for state), though they lack the usability and support that makes TurboTax so exceptional. H&R Block, which has traditionally been TurboTax’s closest competitor, charges $49.99 for federal filing with its Deluxe Online version (plus $36.99 per state filing).
Follow the steps to file a return, and paste your Turbotax code in the box provided at the ‘payment’ page. Simple tax returns are 100% free with TurboTax Free Edition. Since I have worked in customer service for most of my working years, I have a very high expectation from CS agents, especially those working in an escalations dept. If you, as a customer want an easy experience, I strongly urge you to find something other than Intuit products since this experience was everything BUT easy. From this information, TurboTax determines what tax bracket you fall in and what forms you need to complete. By filing your returns electronically, TurboTax gets you the fastest refund possible.
TurboTax review: Not the cheapest online tax software, but good for complex situations
It displays several life situations that might affect taxes and recommends the best solution for you. Once you’ve entered the site, it asks how you did your taxes last year and helps you import that data from TurboTax or another personal tax preparation website. Next, it asks you a second https://turbo-tax.org/ time to indicate which life situations apply to you. Finally, you get a list of the topics you identified as well as the tax documents you’ll need for each, which is very helpful. You’ll pay absolutely nothing to file your federal and state taxes if you have a simple tax return only.
The content is largely well-written, original, and useful. It even mines questions from other users, which might help you figure out your own situation without asking an expert. If you purchased TurboTax from 2016 to 2018, but because of your income, were eligible to use its free offering, you may be entitled to a refund, due to a settlement between Intuit and the states’ Attorneys General offices. Read the rest of our TurboTax Deluxe 2021 review to find out what else we liked about the software. When you purchase through links on our site, we may earn an affiliate commission. Spoofing is a scam in which criminals try to obtain personal information by pretending to be a legitimate business or another known, trusted source.