turbotax icon
cancel
Showing results for 
Search instead for 
Did you mean: 
Close icon
Do you have a TurboTax Online account?

We'll help you get started or pick up where you left off.

vbventures
Returning Member

Are there hundreds of loopholes that help cut my taxes factored into your programs such as the Premier (which I have now)?

Newsmax Magizine is promoting a book that makes such claims is the reason I am asking?
1 Best answer

Accepted Solutions
DawnC0
Intuit Alumni

Are there hundreds of loopholes that help cut my taxes factored into your programs such as the Premier (which I have now)?

There are hundreds of perfectly legit tax breaks programmed into the TurboTax software.  Here is one example - the article below details many tax breaks that may be available to you if you itemize your taxes.  When you go through the itemized deductions section in TurboTax, all of these possible breaks are covered.  You have the option to skip through and enter what you want or you can allow TurboTax to guide you through all of the possible tax breaks.  And this is just 1 of many areas of your tax return with tax break potential.  

How to Maximize Your Itemized Tax Deductions  

Of course, not everyone qualifies for every break.  However, if you do qualify for a tax, TurboTax is equipped to handle it and properly report it on your taxes.   

See this link a full description on what each version covers.  TurboTax Product Guide  With each step up, TurboTax provides in-depth guidance on more topics.  

View solution in original post

1 Reply
DawnC0
Intuit Alumni

Are there hundreds of loopholes that help cut my taxes factored into your programs such as the Premier (which I have now)?

There are hundreds of perfectly legit tax breaks programmed into the TurboTax software.  Here is one example - the article below details many tax breaks that may be available to you if you itemize your taxes.  When you go through the itemized deductions section in TurboTax, all of these possible breaks are covered.  You have the option to skip through and enter what you want or you can allow TurboTax to guide you through all of the possible tax breaks.  And this is just 1 of many areas of your tax return with tax break potential.  

How to Maximize Your Itemized Tax Deductions  

Of course, not everyone qualifies for every break.  However, if you do qualify for a tax, TurboTax is equipped to handle it and properly report it on your taxes.   

See this link a full description on what each version covers.  TurboTax Product Guide  With each step up, TurboTax provides in-depth guidance on more topics.  

message box icon

Get more help

Ask questions and learn more about your taxes and finances.

Post your Question
message box icon

Ready to start your taxes?

Hand off your taxes, get expert help, or do it yourself.

See Pricing

Related Content

Manage cookies