Updating turbo tax 2016
Expense Finder and Its Deductible are designed in part for you to use after the April deadline, to become yearlong habits that will make next year’s taxes easier — and, of course, to keep you using Turbo Tax.
Start here to maximize your rewards or minimize your interest rates.Turbo Tax has a lot of things going for it, but price isn’t one of them.The list price of its software routinely lands on the high end of the spectrum, especially when you factor in the added cost of a state return.But on balance, buying Turbo Tax means spending more.Turbo Tax’s free federal version is available only to people who qualify to use the 1040EZ or 1040A.The price difference is considerable — it can be as much as $100 — and many filers might be just fine with the less-expensive option.
The company also launched an Alexa skill this year, which means users can ask Amazon’s voice-activated device to check in on their return status, check their refund amount or track their refund.
Like many other providers, Turbo Tax’s cloud software lets you access and work on your return across devices: on your computer via the website or on your phone or tablet via an app.
So you could import your W-2 information from your employer, but you also could snap a photo of the form with your mobile device and see all the data transferred to your return.
The latter is especially helpful if you have multiple W-2s.
Getting help throughout the preparation process is Turbo Tax’s biggest strength — especially this year.
New this year is Turbo Tax Live — a high-end software package that offers a one-on-one review with a certified public accountant or enrolled agent before you file, as well as unlimited live tax advice from an on-screen CPA or EA. local time in general, though that may widen during tax season.