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I know many people who are capable of doing their own taxes but choose to pay a tax prep service instead.

Deduction Help: TurboTax Live allows you to look beyond the most common deductions and credits to ensure you take advantage of every savings opportunity.
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#Turbotax live premier software
While the traditional version of TurboTax has long been one of the best tax software programs available, it is the “Live” feature that really helps TurboTax Live stand out. As you move through the process, you can see your refund amount (or the amount you owe) automatically adjust based on your answers. From there, TurboTax Live automatically fills in your personal information so you don’t have to keep completing the same information over and over.Īs you answer questions, TurboTax Live fills out your state and federal tax forms. You’ll then answer a few questions about your personal information, spouse and dependents, income, deductions, and more. You can start by simply using a photo of your W-2 or importing last year’s returns. Similar to the regular version of TurboTax, the Live software walks you through the entire tax preparation process to ensure it is accurate.
#Turbotax live premier full
TurboTax Live Self-Employed is regularly set at $199 ($389 for full service) with state returns again regularly priced at $54. You can also import information from the Quickbooks Self-Employed app which helps you track expenses, mileage, and jobs in real-time. You have access to expert advice concerning self-employment income and expenses. Self-Employed: The Self-Employed package is for freelancers, contractors, and small business owners. State returns are also available for an additional fee. The Premier package is regularly priced at $169 ($359 for full service). Another new feature is the ability to account for gains and losses from cryptocurrency transactions. Premier: The Premier package is similar to the Deluxe package except you also get help with taxes surrounding investments and rental properties. State returns regularly cost an additional $54. TurboTax Live Deluxe regularly costs $119 (full service $249).
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State returns are included.ĭeluxe: The Deluxe Package offers all the features of the Basic package plus help with over 350 deductions and credits and a review of your mortgage and charitable tax deductions. The Basic package is regularly priced at $79 for a federal tax return ($199 for full service). TurboTax Live is available in four packages with varying features and price points:īasic: For simple tax returns only, the Basic package allows you to take a photo of your W-2 to save time filling out forms, talk to an expert for tax help, prepare and file taxes online, and receive a final review of your taxes by a tax expert before you file.

Although the TurboTax brand has been around for over 30 years, they recently added the “Live” feature, allowing you to receive live help online from tax experts.

TurboTax Live is an online tax preparation software that helps you do your income taxes from the comfort of your own home.
