It even reminds you about things that occurred in prior years that you might have forgotten to include. That improves the accuracy of each year's filing.
All your information is carried forward year to year. It guides you with self-employed and business-related travel expenses, as well as home office deductions. It keeps track of all your finances from one year to the next. Other Benefits of TurboTaxīesides correctly filling out your tax forms, TurboTax provides many additional benefits, such as these: You can also save it as a PDF file on your hard drive. In addition, all the software versions let you do as many taxes as you want on your own computer, five of which can be eFiled.Īll the versions create all the IRS forms for you, and they print on your computer's printer so you can save a copy for yourself. The online version only lets you do one return. However, as mentioned above, all the software versions that you can purchase via download allow you to eFile up to five returns. TurboTax has an online version on their site that you can use without installing software on your computer. That gives you the ability to do the taxes for your other family members or close friends too. 
And no worry about getting lost in the mail. Free eFile for Faster RefundsĪll software versions include free eFile so you get your refund faster.
Health Care Compliance: Ever since the 2014 tax year, all the forms for the Affordable Care Act have been included to help you properly file your Obamacare entitlements. And it carries it all forward year to year, so you never miss anything. Investing: If you invest in the stock market, it keeps track of your capital gains and losses. There’s a quick, easy way to calculate this even if you didn’t keep records. Deductions: It even gives you the proper deductions for the sales tax you spent throughout the year.
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