Can I do tax returns (Federal, State and possibly local) for my grandchildren? Right now it is possibly 4 tax returns. Could reach 7 in future years. What is an estimate of cost? Jim
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With any desktop version of TurboTax you can e-file up to 5 federal income tax returns but you can print and mail any number of returns.
You can check current prices on Amazon.
Yes. But you should buy the Desktop CD/Download program. It can do unlimited returns and efile 5 for free. In the online web version you can only do 1 return per account and pay for each account. Unless some of them qualify to use the Free Edition. But you can use the same email address for 5 accounts. How to start another return in the Online version
The CD/Download Desktop you buy and install the program, which can do unlimited returns. The returns are only saved on your computer and can not be accessed from anywhere else. And not saved at Turbo Tax. So Be sure to save Frequently and make backups. You get 5 federal efile for free. In Deluxe and above you get 1 state PROGRAM download to prepare unlimited state returns (in that state). Each state return including the first one is $20 early or $25 to efile or you can print and mail the state for free. The Desktop programs do not have the expert help that is available to add to Online versions.
Desktop also has many other features and advantages over the Online version. You can do more than 1 return. You can see and enter into the actual forms. It has a What-If worksheet. And you can use a lower version because all the Desktop versions have ALL the same forms. You just get more help in the higher versions. In online you have to upgrade to enter certain kinds of income. Like Premium for investments.
And the Desktop program is always available even after the year ends. Which is good if you ever need to amend your return after online website is closed or get audited and need your tax records.
You can buy the Desktop CD/Download program here,
https://turbotax.intuit.com/personal-taxes/cd-download/
Which do you think would be the best for my purposes? Besides the cost of the program, what is the cost for each Federal and State tax return that I file?
You can efile up to 5 federal returns for free and mail in any others. There is a fee to efile each and every state return if you could efile the federal return... state efile fee is currently $20 but goes up in March.
If you have more than 5 returns to file then for the simple kid returns you can either mail them in or use one of the IRS FREE FILE options or if they qualify use the IRS DIRECT file option both to open up later this month.
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