TurboTax Tax Software

When tax time rolls around each year, it's important to stay up to date with new laws and forms. With TurboTax software, you can get a leg up on the paperwork, whether you file as an individual or as part of a small company. Staples carries many editions for both PC and Mac use, in boxed and download formats.

Choose the Right Edition
When it comes to your tax return, it's essential to fill out the right forms for your life circumstances. The Basic edition gives complete step-by-step guidance, walking you through the questions for different sections. With the import feature, you can easily access your W-2, mortgage and investment documents, or transfer information from computer software.

In order to file a state return, users should purchase one of the more advanced editions. They offer more help with specific deductions or credits, as well as the ItsDeductible feature, which helps put an accurate price value on donations to get the maximum deduction. Premier and Home and Business editions also come with a thorough tax analysis feature, additional help from certified public accountants (CPAs) and more information on investment sales and purchases.

Enjoy Extra Features for Businesses
If you run a business, you want to take advantage of the deductions and credits available to you. TurboTax business software offers additional coaching whether you rent out an office or work from home as a freelancer. Get the guidance to correctly deduct startup costs and get accurate deductions for your vehicle use if you use it for any business. You can also use TurboTax to create 1099 tax forms or a W-2 form for your contractors and employees, respectively.

Is TurboTax Software Easy to Use?
Yes, with the software, you are guided through the different sections of the tax forms with questions that are easy to understand and answer. Once you install it or open the program, you can access thorough explanations for any question and get guidance for how to answer depending on your unique tax circumstances. The company offers product support for all editions and accounting help with specific questions with the Premier and Home and Business editions.

Does TurboTax Offer Software for Corporations?
If the Home and Business software is not sufficient, you can purchase TurboTax Business and enjoy the same benefits as the other editions, with a few extras. Create K-1 documents to allocate partner shares of the income, calculate asset depreciation figures or prepare income taxes for more than one company, regardless of the type of business it is.

What Is the Benefit of Doing Your Own Taxes?
With TurboTax software, you can file your taxes immediately as soon as you have all of the necessary forms. With free e-filing, you can have your refund in your hands in as little as two weeks, depending on when you file. The company also offers a maximum refund guarantee for peace of mind.

Having the right office supplies and tax software can help save time and money when it comes to doing your preparations.