How to choose the best Turbotax version for filing your taxes

Some people stay with the traditional methods of filing taxes every year and spent a large amount of money while others choose online medium to file taxes. Nowadays there are a wide variety of tax preparation and filing software programs available that offer you convenience and freedom from waiting in queues. One of the best tax preparation software that offers best features is Turbotax. It has been widely used by taxpayers across US and Canada. At this time of year when taxpayers are scouring the internet for the interactive and user-friendly tool, Turbotax serves as the perfectly suited and cost effective way to file taxes. Other than this while you are working on Turbotax and need TurboTax Support from experts then you can contact various service providers who are willing to guide you and solve all your issues related to the use of this software.

Though Turbotax has many characteristics but only the right version can save your time and money. Turbotax is available in many different versions and based upon your proposed use, you can download the one. The very first version of this software is Turbotax Basic. With this version, you can fill W-2 and 1099 forms for your income. For a straightforward tax situation, this version is best. For those you have a bit complex taxes, Turbotax Deluxe is the right version. It has all the features you can find in Turbotax Basic and in addition, it offers you deduction maximize. Through deduction maximize, you can search over 350 different types of deductions and credits so that you can receive the maximum possible refund. This version of Turbotax also adds ItsDeductible so that you can accurately value your charities.

In case you have invested in bonds and stocks then switching to Turbotax Premier will save you a lot. This version of Turbotax will offer you extra guidance that is needed for calculating profit and loss statements of stocks, bonds, commodities, mutual funds and other financial plans. This software directly gathers information from your brokers and uploads the necessary information with preciseness and accuracy. You can also use this version in case you own a rental property. If you are a business owner who works independently or with partners then Turbotax Home and Business will serve your purpose.

Meanwhile, if you face any problem while working on Turbotax then you can dial toll-free TurboTax Phone Number 1-844-802-1403 and can access valuable support services from http://www.turbotaxsupportt.us. They will assist you well regarding each issue and challenge faced by you.

Source:- http://articles.org/simplify-your-tedious-task-of-tax-filing-with-turbotax/

This article lays emphasis on Turbotax software and its benefits to the taxpayers.