I want to know more about Turbo Tax

[gswain]

pros and cons

[Vanessa A]

Pros:

• TurboTax is simple to use, especially if you have a simple return.  It is like sitting down at a desk with a person asking you questions, however, you read the questions instead of having them read to you.
• If you would like, you can choose to have an Expert prepare your taxes for you.  The preparers are all CPA's or Enrolled Agents.
• There is an accuracy guarantee
• If you get stuck and you are preparing the taxes yourself, you can ask a question here in the community for free or you can get live help for a fee.
• There is a desktop version and an online version.  

Cons

• It's technology and you are using your phone or computer when you are doing it yourself.  Like anything else you do on a computer, computers can freeze and don't always cooperate.

Should I Use TurboTax?

[xmasbaby0]

Desktop software

Every version has all forms and schedules

Forms mode to see all forms as you work and “what if” feature 

Can e-file up to five federal returns and their associated state returns

If you have more than five federal returns the additional ones can be mailed

Tax file is stored on your own hard drive

Always available even after tax season ends

State e-file fee is an extra fee.   State can be mailed to avoid e-file fee

Desktop is more cost effective for multiple returns for family members, etc.

Desktop software is available from Intuit or from various retailers—prices vary

Only works on full PC or Mac—not on any mobile devices

Online Software

Forms and schedules supported vary by which version you use

No Forms mode, but you can “preview” Form 1040 and Schedules 1, 2, or 3 before filing

One return per fee

Separate fees for federal and state returns

Each return needs its own account and user ID

Tax file is stored in online account for seven years

Online software only available on Intuit site

Can be used on any device with internet access