topic Re: Very Large Tax Bill in Get your taxes done using TurboTax

Very Large Tax Bill

eddie02 — Wed, 31 Mar 2021 22:53:14 GMT

Unfortunately I have all my information entered into TurboTax and it looks like I am going to owe a fairly large amount of money on the Federal and Va State Tax return. Is there a service with TurboTax where I can have a professional look over my return to see if there is any way I could lower my Tax Bill for 2020?

Re: Very Large Tax Bill

RayW7 — Wed, 31 Mar 2021 23:04:32 GMT

Yes, Simply select the “Live Help” button to connect with an expert for on-demand advice and answers, right on your screen. You can talk to a tax expert as often as you need.

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TurboTax® Live | Talk to Real Tax Experts & CPAs Online

Re: Very Large Tax Bill

eddie02 — Wed, 31 Mar 2021 23:17:35 GMT

This Live Help button is available in TurboTax Deluxe? If so where?

Re: Very Large Tax Bill

AmyC — Wed, 31 Mar 2021 23:34:23 GMT

LIVE is a service for an additional fee. It offers phone help, online reviews and we can even take over your return and finish it for you. See:

Re: Very Large Tax Bill

fanfare — Thu, 01 Apr 2021 01:24:15 GMT

Are you Self-employed?

Right there you are going to have a large tax bill. You can deduct business expenses.

Did you have a large capital gain?

There's nothing you can do to reduce the tax after Dec 31 of last year.

There I just saved you the Live fee and a lot of hassle.

If there is anything else unusual about your tax circumstances, post back.