TurboTax® Deluxe Online 2023-2024 Maximize Tax Deductions

features of turbotax deluxe program

All features, services, support, prices, offers, terms and conditions are subject to change without notice. Throughout the process of answering questions to complete your features of turbotax deluxe program return, TurboTax uses clear language to walk you through adding your data. If you don’t want to see what looks like a representation of a tax form, you don’t have to.

features of turbotax deluxe program

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TurboTax Advantage Terms

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However, it offers limited support for investment income, such as capital gains and losses, and does not support Schedule C, used to report self-employment income. Whether you have investment income, self-employment income, or cryptocurrency gains and losses, TurboTax Premier can help you maximize your deductions and minimize your tax liability. TurboTax Deluxe is a popular version of the tax preparation software offered by Intuit.

TurboTax Deluxe

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  • SmartAsset Advisors, LLC (“SmartAsset”), a wholly owned subsidiary of Financial Insight Technology, is registered with the U.S.
  • Premier shares the same design strengths as both TurboTax Free Edition and TurboTax Deluxe.
  • Investment reporting and rental income (Schedules D and E, and K-1s), plus business income, expenses on a Schedule C, home office deductions and features for freelancers.
  • Premier covers stocks, bonds, employee stock purchase plans (ESPPs), and other investments as well as rental property income and deductions.
  • TurboTax offers a free version that lets you file a Form 1040 and claim limited tax credits.

The company’s software has a conversational throughline that approaches taxes by asking you for information, then explaining the significance of that information as you provide it. And it is important to remember that the Deluxe version is also full of useful features and is a great choice for maximizing your returns. Other than that, we also shed some light on their other versions of TurboTax but the Premier and Deluxe versions are better than other options.

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