TurboTax is a popular tax-preparation software developed by Intuit (first released in 1984) for filing U.S. (and separately, Canadian) income tax returns
. It’s available online, via desktop, and through mobile apps—offering a guided, interview-style experience that’s great for both beginners and those with more complex taxes.
Key Features
- Step-by-step Q&A interface: You answer simple questions, TurboTax preselects relevant forms and guides you through filing
- Auto-import of tax docs: Snap or upload W‑2s, 1099s, investment, crypto data, and even QuickBooks entries for self-employed filers—saving time and reducing errors
- Deduction & refund maximizer: Tools and calculators help uncover credits (e.g. student loans, mortgage, crypto) and track real-time refund estimates
- Accuracy guarantees & audit help: TurboTax checks your return, covers penalties/interest if it errs, and offers audit guidance or full representation (for extra fee)
- Expert support options:
- Live Assisted: Get real-time help and a final expert review.
- Full Service: A licensed tax pro prepares and files your return for you
- Mobile/online accessibility: Cloud storage means you can start on desktop and continue on mobile, snap docs via mobile app .
- AI-powered chatbot (Intuit Assist): It handles basic queries and offers bilingual support, including Spanish
- Crypto support: Connect directly to platforms like Coinbase or upload transaction data for accurate reporting
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