Talk to Real Tax Experts Online

Passionate about financial literacy and inclusion, she has prior experience as a freelance journalist covering policy, financial news, real estate and investing. In English Literature and Professional Writing from the University of Indianapolis, where she also worked as a graduate writing instructor. If your taxes won’t be done by this date, you’ll need to file an extension with the IRS. However, the agency has offered an automatic extension until May 15 to qualifying storm victims in Alabama, California and Georgia.

If you’ve been buying and selling on Robinhood or Coinbase — especially selling, which is a taxable event — TurboTax Premier is likely the version for you. It makes reporting these transactions easy, even there are a lot of them — the software can import thousands of transactions directly from brokers. This highest level of service comes with an understandably hefty pricetag. For a federal returns, Live Full Service users will pay between $209 and $399. If you qualify for a free simple return, your first state return will be free as well.

Cash App Taxes 2023 (Tax Year

Among its features are an import of Uber driver tax information and full support for common tax situations faced by self-employed individuals. This product costs $115 including a state return, plus an additional $45 for each additional state tax return. Like the Premium version, the Premium & Business edition also includes support for rental property owners. Upgrading to TurboTax’s Live Assisted service ensures you’ll have around-the-clock access to a tax professional both during your filing and for the rest of the year. In fact, you’ll be able to speak with your tax expert live on-screen and have all of your questions answered immediately. Beyond this extra level of service, your tax expert will personally review your return before it’s sent off to the IRS.

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Decoding TurboTax: Which TurboTax version is right for you? Plus TurboTax deals

Personal finance software varies in features, functions, and costs. Some software offers basic features with free and paid versions. Other software helps you meet more complex financial goals and charges monthly fees. If you’re a DIY investor looking for low-cost access to a financial advisor, https://turbo-tax.org/ FutureAdvisor could be a great option. The investment software provides personalized recommendations to help you diversify your portfolio, which you can follow or not follow as you see fit. You’re eligible to sign up for the software if you have at least $5,000 in investable assets.

• Some features and most tax forms are only available with paid plans.
• You can speak to an expert via phone, chat, or live on-screen through one-way video chat (they can’t see you).
• It offers four products that cover a spectrum of taxpayer situations.
• If it isn’t correct or you do not receive the form, contact your school.

If you start and pause the process on one device, it’s easy to resume the process where you left off on another. CNET editors independently choose every product and service https://turbo-tax.org/what-is-turbotax-live/ we cover. Though we can’t review every available financial company or offer, we strive to make comprehensive, rigorous comparisons in order to highlight the best of them.

How Much is TurboTax Live Full Service Business?

TurboTax Live Assisted Self-Employed costs $169 (plus $49 per state filing) as of this writing, but that, too, is likely to go up later in the tax season. Essentially, you get connected to a tax expert you can consult as often as you need. H&R Block offers a similar service, but prices are not available at this writing. The least-expensive paid tier of service is TurboTax Deluxe, for which the list price is $59 for federal returns. Deluxe adds Schedule A to the free version, allowing you to itemize or take the standard deduction. You need TurboTax Premier ($89 for federal taxes) if you have to report investment income and rental property.

If you make your way through your tax return sequentially, answering all the questions, you shouldn’t get lost, even if you have to use the Back button occasionally. You can always use the Topic List if you have to return to a section you already visited. Imani is a Recruiter on the TurboTax Live Team with over 15 years of varied recruiting experience ranging from high-volume recruiting to leading small recruiting teams. During her 11 years on the TurboTax Live Team, she’s been a major player in the recruiting of tax professionals for Intuit’s Tax Advisor, Seasonal Manager/Lead, and Specialty roles.