Is TurboTax 2017 The Best Tax Software?
Top choices for preparing and filing your income taxes online.
Best Online Tax Software
TurboTax Online |
Choosing the top selling tax software program "TurboTax" is no doubt a
great first step to insuring yourself a good tax preparation
experience, and avoiding mistakes that will have you
tax return instead of spending your tax refund
Which Edition Should You Use?
TurboTax Online Free Edition
- If you have a simple return to prepare and don't need very
much guidance, your single, have no kids, have basic 1040ez
return filing needs. Then the TurboTax Free Edition will work
TurboTax Online Basic Edition
- Use the Basic Edition if you file a 1040EZ or other simple
tax return but want to use import capabilities, your renting
your home or apartment, you own your home free and clear or
donít have a mortgage or the need to write off home mortgage
TurboTax Online Deluxe Edition
- The Deluxe Edition is the right choice if you have a
significant amount of education or medical expenses to write
off, you own your home and need to deduct interest, you made
donations to charity, have childcare
expenses or other items that you want to take deductions
TurboTax Online Premier Edition
- Use the Premier Edition if you own rental and investment
properties, sold stocks, bonds, mutual funds or options for an
employee stock plan during the tax year, you are the beneficiary
of an estate or trust and received a K-1 form.
TurboTax Online Home and Business Edition
- You are filing your personal and business taxes together,
you received income from a side job or self-employment, your a
sole-proprietor, consultant, 1099 contractor, or single-member
LLC, you prepare 1099-MISC and W-2 forms for employees or
Home & Business is designed to guide you easily step by step
through your personal and business returns to maximize your
TurboTax helps you prepare simple tax returns quickly and easily
as it provides added features for those purchasing a premium edition
of the software product lineup.
TurboTax provides extra guidance for common tax filing topics
The TurboTax step-by-step interview questions are generally clear
plain english, appropriate, and not too overwhelming for a new
TurboTax does ask a fair amount of questions before you get to
data entry screen and see where your heading, which can make
navigating through the interview modules fairly straight forward if
your trying to revise specific input from anywhere on your return.
For more major tax issues, like picking the right filing status
or figuring out if you can claim a dependent, TurboTax offers
EasyGuides to go through all the details to determine what is best
You will like TurboTax's ability to import data, which can help
cut down on data entry. Plus, TurboTax can import W-2s and 1099s
from participating employers and financial institutions.
TurboTax Online will also let you import data from Mint and
ItsDeductible (both are owned by Intuit).
All the online TurboTax software versions include one free
electronic filing of your federal return. Compatible with the
following Web browsers: Firefox, Internet Explorer, Safari (Mac
only). Adobe's Flash 9+ and Acrobat Reader 7+ also required.
program that looks like it will suit
you best and TurboTax will prompt you if another edition will work