Sunday, February 15, 2009

Turbo Tax - Tax Filing Software

Turbo Tax is an amazing application if you are looking for filing your personal or professional tax returns. Purchasing Turbo Tax gives to 2 options to access its features. First is a web based online product which you can log onto and fill your information. The other way is to install a local application on your PC or Mac system and either print and mail your tax return or submit them online through the applications web interface. The software version gives more flexibility to work and tools at hand than the online version.

Turbo Tax boasts some very powerful features which caters to several class of individuals who have different modes of income. For example, if you are an active investor or own a property and generate income through that property, Turbo Tax offers a Premier product designed solely for such individuals. Turbo Tax also acts like a personal tax advisor. You can type in questions regarding a tax information and Turbo Tax will answer those. A Free Edition of Turbo Tax lets you file simple tax returns like 1040EZ and 1099.

If you are a bigger firm and looking for audit support then Turbo Tax is the best option available. It has an Audit Support Center which helps you deal with any problems arising during audits. Also, it has Audit Risk Meter which enable tax filers to be aware of tax returns to be files during audits.

Turbo Tax tools include a tax rebate calculator and tax estimator which help you pinpoint the amount of tax due on you. You can even access data from previous years returns.

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