Welcome to News Explorer Today, your trusted resource for all things tax-related. In this article, we’ll dive into the latest tax reform changes that you need to know. Whether you’re an individual taxpayer or a business owner, staying informed about these changes is vital. So let’s get started!
Understanding TurboTax Online Guarantees
TurboTax Online is renowned for its accuracy and expertise. They offer several guarantees to give you peace of mind when filing your taxes. Let’s take a closer look at some of these guarantees:
100% Accurate Calculations Guarantee
TurboTax ensures that their calculations are 100% accurate. If you encounter an IRS or state penalty or interest due to a TurboTax calculation error, they will cover the cost. This guarantee is valid for the lifetime of your personal tax return, which Intuit defines as seven years from the filing date.
Maximum Refund Guarantee / Maximum Tax Savings Guarantee
If you find that another tax preparation method results in a larger refund or a smaller tax due, TurboTax will refund the applicable purchase price. TurboTax stands by their commitment to helping you achieve the best outcome possible for your personal tax return.
Audit Support Guarantee
In the unlikely event that you receive an audit letter from the IRS or State Department of Revenue, TurboTax provides one-on-one support with a tax professional. They will assist you with any questions you have and offer guidance on how to proceed. If they are unable to connect you with a tax professional, TurboTax will refund the purchase price.
Satisfaction Guaranteed
TurboTax allows you to use their online platform free of charge until the point where you decide to print or electronically file your tax return. You only pay or register for the product once you’re satisfied and ready to submit your return.
These guarantees demonstrate TurboTax’s commitment to accuracy, support, and customer satisfaction. You can rely on their expertise to guide you through the tax filing process.
TurboTax Online/Mobile Pricing
TurboTax offers a range of online and mobile products tailored to your specific tax situation. The pricing varies based on the features and services you require. Here’s a breakdown of their pricing options:
Start for Free/Pay When You File
With TurboTax’s online and mobile offerings, you can start using the tax preparation features without paying upfront. You only pay when you’re ready to file your taxes or purchase additional products or services. The actual prices for paid versions depend on the version you choose and the time of filing. Special discount offers may be available for certain customers.
TurboTax Free Edition
TurboTax Free Edition is available for individuals filing Form 1040 and limited credits. Approximately 37% of taxpayers qualify for this option. Please note that this offer may change or end at any time without notice.
TurboTax Live Assisted Basic Offer
TurboTax Live Assisted Basic is designed for individuals filing Form 1040 and limited credits. To be eligible for this offer, you must file between November 29, 2023, and March 31, 2024. The offer includes state and federal tax filing. Intuit reserves the right to modify or terminate this offer at their discretion. Additional services may incur adjusted service fees.
Full Service $100 Back Offer
For TurboTax Full Service customers, there is an opportunity to receive a $100 credit. This credit applies to federal filing fees and excludes TurboTax Live Full Service Business and TurboTax Canada products. Please note that additional terms apply, and you must file by April 10, 2024, to be eligible for this offer.
TurboTax Full Service – Forms-Based Pricing
TurboTax Full Service offers pricing options based on forms used or included with your return. The starting price represents the base price for one federal return, including one W-2 and one Form 1040. The final price may vary based on your specific tax situation. TurboTax estimates the price based on the information you provide initially. Please note that prices are subject to change.
These pricing options allow you to find the right TurboTax product for your needs, ensuring you have access to the features and services required to file your taxes accurately.
TurboTax Online/Mobile: Anytime, Anywhere Convenience
With TurboTax, you can access their online and mobile platforms anytime, anywhere. All you need is an internet connection, and you’re ready to go. The mobile app provides the flexibility to prepare and file your taxes on the go, making the process even more convenient.
Additionally, TurboTax aims to provide the fastest tax refund possible. With e-file and direct deposit, the majority of taxpayers receive their refunds in less than 21 days. TurboTax also offers early access to your federal tax refund, potentially allowing you to receive your funds up to 5 days early. Terms and conditions apply, so be sure to check the details.
FAQs
Q: Are TurboTax calculations really accurate?
A: Yes, TurboTax guarantees 100% accurate calculations. If there’s an error in their calculations that leads to IRS or state penalties or interest, TurboTax will cover the cost.
Q: What happens if I get audited?
A: TurboTax provides audit support for individual tax returns. If you receive an audit letter, TurboTax can offer one-on-one question-and-answer support with a tax professional. If they’re unable to connect you to a tax professional, TurboTax will refund the purchase price.
Q: Can I try TurboTax for free?
A: Yes, TurboTax offers a Free Edition for individuals filing Form 1040 and limited credits. You can use TurboTax Online without charge until you decide to print or electronically file your tax return.
Conclusion
Tax reform changes can be overwhelming, but with TurboTax as your trusted resource, you can navigate them confidently. TurboTax’s guarantees, pricing options, and convenience make them an excellent choice for individuals and businesses seeking reliable tax preparation assistance.
Stay tuned to News Explorer Today for the latest updates on tax reform and other news topics. Remember, when it comes to taxes, TurboTax and News Explorer Today have you covered!
Disclaimer: The information provided in this article is for informational purposes only and should not be construed as legal or financial advice. Please consult with a qualified tax professional for personalized guidance based on your specific circumstances.