When preparing a tax return for the first time, and using TurboTax also for the first time, if you go to the TurboTax website (enter TurboTax in a Google search bar) you will notice that TurboTax offers more than one product for preparing a tax return. Moreover, there is TurboTax online and TurboTax CD/download.
Before creating a TurboTax account, which you can do from the main page of TurboTax, perhaps the best approach to take at the beginning is to view the various products and pricing. From the TurboTax main page, put your cursor over File you own taxes, then over Products & pricing, and then click on Compare all products. On the next page you can begin to select that various boxes that contain information relating to your specific tax situation. This process will start to guide you toward the right TurboTax product.
One thing to keep in mind about TurboTax online and TurboTax CD/download. TurboTax online, as its name implies, offers the convenience of preparing and e-filing your tax return from virtually any computer or mobile device with Internet access. There is no software to install, and nothing you will need to save on your computer. Your tax return will be saved on TurboTax servers. TurboTax CD/download is different in that your tax return is stored on your own computer. Unlike TurboTax online, you will need to maintain your tax return on your own computer or storage device.
Here is a link to a TurboTax webpage where you can compare the various TurboTax online products.
Compare TurboTax Online Products
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