Intuit TurboTax Review 2023: Intuit TurboTax is a popular tax preparation software that helps individuals and businesses file their taxes. The softwa
Intuit TurboTax Review 2023: Intuit TurboTax is a popular tax preparation software that helps individuals and businesses file their taxes. The software is designed to be user-friendly and easy to navigate, making it a popular choice for those who are not familiar with tax laws and regulations.
TurboTax is generally pricier than everything else out there. While confident filers may not need all the bells and whistles that most TurboTax online products offer, some people may find the experience and the availability of human help worth the extra cost. We’ve long praised TurboTax for its design and user experience.
One of the key features of TurboTax is its ability to automatically import information from W-2s and other tax forms. This feature saves users time and reduces the risk of errors, as the software can accurately transfer information from these forms to the appropriate sections of the tax return.
TurboTax also offers a variety of different plans to suit the needs of different taxpayers. For example, the “Free” plan is perfect for those who only need to file a simple tax return, while the “Deluxe” plan is ideal for those with more complex tax situations, such as rental property income or investment income.
TurboTax’s support options
Here’s a look at the various ways you can find answers and get guidance when filing your return with TurboTax.
Ways to get help
- General guidance: Searchable knowledge base, forums, calculators and video tutorials are helpful for research on the fly.
- Tech support: TurboTax Digital Assistant (a chatbot) and contact form available for all; paid packages get access to a TurboTax specialist. TurboTax also has an online support page that covers basic questions taxpayers may have about the product or their return, as well as a community forum.
Another advantage of TurboTax is its ability to provide step-by-step guidance throughout the tax preparation process. This feature is especially helpful for those who are not familiar with tax laws and regulations, as it can help them understand the different deductions and credits they may be eligible for.
TurboTax also offers a feature called “Maximum Refund Guarantee”. This guarantee ensures that if you get a bigger refund or owe less in taxes using a different tax preparation method, they will refund the applicable TurboTax federal and/or state purchase price paid.
Overall, Intuit TurboTax is a great option for those looking for an easy-to-use and reliable tax preparation software. Its ability to import information automatically, its variety of plans to suit different tax situations, and its step-by-step guidance make it a great choice for both novice and experienced taxpayers.
In the year 2023, with the new tax laws and regulations, TurboTax will be updating the software to ensure it is up-to-date and that you can file your taxes with confidence.
The bottom line
With its intuitive design and variety of human support options, TurboTax is in many ways the standard for the do-it-yourself tax-prep industry. Its products come at a price, however, and confident filers might find that similar offerings from competitors may provide a better value.