How to Choose which Turbo Tax Software to Use

Turbo Tax software is one of the many tax software programs available. With various tax software choices, it is important to choose the right one for you. Here are the different versions available from TurboTax.

Difficulty: Easy

Instructions

Things You'll Need:

• Internet
• Computer
• Tax forms

1. Free Edition. This tax software version includes a free federal e file. An additional charge of $25.95 is required for a state return. This is ideal if you have a simple return.

2. 
   Basic tax software

   Basic. $14.95, an additional $34.95 for state. Pick this one if you feel the need for step by step guidance.

3. 
   Deluxe tax software

   Deluxe version. $29.95 for federal, $34.95 for state. Pick this version if you have many deductions such as a house, medical expenses, or donations.

4. 
   Premier tax software

   Premier. $49.95 federal, $34.95 state. This tax software deals with investments and rental property. Choose this one if you rent property (properties), or if you own stocks or bonds. This version helps you to deduct investment losses.

5. 
   Home and Business tax software

   Home and Business. $74.95 federal, $34.95 state. Are you a contractor? A consultant? A sole proprietor? Or a single owner LLC? Then this tax software is specifically for you.

6. 
   Business tax software

   Business. $109.95 federal, $34.95 state. This is for multi-member LLC, corporations, partnerships. Great for maximizing business deductions.

7. Still not sure which version is right for you? Try the free version. If you don’t like TurboTax setup, then go with a different tax software program. If some of the questions make you realize that maybe you do have several deductions, opt for the deluxe version. I think most people would benefit from this version. Especially everyone with a mortgage. If you own stocks and a house, then go for premier. Turbo Tax software can help everyone file their tax returns safely and quickly.

Resources

• Turbo Tax

[mnmommy]

on 2/25/2009 Thanks for the info and pics to back it up! Easier to understand that way.

[WolfTech]

on 1/28/2009 Thanks for the information. It can be confusing with all the different versions.

[cherold598]

on 1/23/2009 Thanks. You made it easy for me to figure out. Every year I go crazy trying to pick the right one. TurboTax should link this eHow to their website.

[TalkTime]

on 1/22/2009 Excellent info!

[jamaclassics]

on 1/22/2009 Turbo Tax has hounded me for years...I'll never use 'em again. Ever try to unsubscribe? Good luck with that.