There is a free edition for simple tax situations, which includes both federal and state filings, but TurboTax’s pricing and packages vary as the complexity of your tax situation increases.įederal e-filing is free, up to a certain amount, but state e-filing costs an additional $45 for each of TurboTax’s do-it-yourself options, based on the date when you e-file, as of April 2024. How much it costs to file taxes with TurboTax depends on the software package you buy. This service is available in assisted and full-service versions, typically starting at $89. “The help of a tax professional could provide more insights and potentially save you more taxes than the cost of their services,” he said.ĭennis said TurboTax also offers real-time support through TurboTax Live, with options for assisted preparation or having a tax professional complete your return. People with complicated returns, such as those who are self-employed or have multiple income streams, may be better off paying up for professional help, he suggested. It’s also good for people whose tax returns include rental property income. He said it’s best for people who have straightforward tax returns, like salaried and hourly employees, or someone with two jobs. He agreed the software is easy to use since it guides people through the process. Steven Crews, a mortgage broker, said he uses TurboTax. It also provides a range of refund options, depending on the plan chosen, she said. The tax preparation software also offers features like free Internal Revenue Service (IRS) audit support, an active online forum and a maximum refund guarantee. “This software has a friendly interface and seems to have really perfected the interview-style interface,” said Karla Dennis, an enrolled tax agent and founder of KDA, an accounting and tax services firm. A banner at the top shows you where you are in the process. The software uses an interview-style process to ask the user questions as it walks you through all the tax forms necessary to file your return. Its software uses plain language as it guides users through their tax returns and makes it easy for people who have limited understanding of taxes to file. There’s a reason why TurboTax is so popular. On TurboTax's Website An overview of TurboTax

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