TurboTax 2023 Tax Guide

TurboTax 2023 Online takes care of your federal filing needs, and E-Filing is Free, plus you can add a state program as needed.

With the online tax preparation service you can fill in all of the information and you only have to pay when you choose to print or electronically file your return.

TurboTax 2023 Tax Support

TurboTax 2023 handles all your tax needs, including home owners, medical expenses, tuition or tuition for others and pretty much anyone else who wants to itemize deductions. TurboTax has a Free Edition for simple tax returns only "not all taxpayers qualify", as well as a Basic, Deluxe, Premier, Home & Business, and Business versions for those with more complex tax challenges.

Regardless of whether you are a last minute filer, first time filer, avid investor or are filing after a major life change, TurboTax 2023 has a software program for you.

TurboTax 2023 Features for Online Editions

Features Include:

TurboTax will help you file quickly
Obtain the most deductions possible.
You only have to pay when you print or e-file
Looks for tax deductions as you go and when you are done
Tracks audit risk
Imports financial data from Quicken and other programs
Transfer previous year’s data

Additional Tax Preparation Assistance Services

Life Events Expert: Explains how changes such as the purchase of a new home, changing jobs, or becoming a parent, can affect your return.
Guide Me: Can offer assistance line by line.
Summary of your return, including income, tax, credits and payments, also includes recommendations to help you get a larger refund the next year.

Intuit Turbo Tax 2023 is Novice-Friendly: it groups related items together and asks you to check the ones that apply to you. This saves you time from answering "unnecessary" question after question.

Every year TurboTax makes it easier for people without accounting experience to file their own taxes, thanks to the ever-improving online options. TurboTax has kept their software intuitive and explanations simple, making tax preparation a breeze.

TurboTax 2023 gives you every opportunity to claim deductions, automatically checks your return for common errors or missed deductions, and double checks again before you file your return.

TurboTax 2023 Tax Desktop Software Features

TurboTax desktop software can be installed from a download or CD which makes it easy to manage data, it can retrieve data from previous years if you filed through TurboTax and quickly loads the data from your Federal to your State from. TurboTax 2023 also has the ability to easily import information from Quicken, and It can even help you get your W-2s and 1099 information faster from over 100K participating employers and financial institutions.

Intuit TurboTax 2023 has built in tools that always look deductions and credits. Often many credits are over looked, but TurboTax asks you the right questions so it can uncover as many credits as possible for you to lower your tax rate. TurboTax seems to be the easiest tax preparation software to use based on our review. Since many people like myself have math handicaps on top of tax anxiety, it is important that tax software be as easy to use as possible.

A good tax software requires no math skills since it does that calculations for you. With TurboTax you answer a few simple and quick questions as you fill in some boxes, then the software automatically calculates and prepares both your federal and state tax returns for you.

Some tax programs have you complete your federal tax forms and then require you to enter most of the same information to file your state tax return. Now that comes out to a lot of extra work wouldn't you say? something I'm not interested.

TurboTax Tax Software lineup for 2023 has the best guided interview interface as seen by consumer ratings. TurboTax continues the fully guided interview and step by step method throughout the entire tax return preparation process for a simplistic and accurate experience.

We tested the paid edition of TurboTax Deluxe for this review, but it's important to keep in mind that most tax preparation software works pretty similarly. You can choose to let the application guide you in a step-by-step manner to prepare your tax return or to go at it on your own if you’re more familiar with the forms and filing process.

TurboTax 2023 includes five paid editions of TurboTax including Basic, Deluxe, Premier, Home and Business and the Business Edition. Unlike the Free Federal Online Edition, the paid editions come with step-by-step guides that help you through the preparation process. More forms are included in the paid editions, as well.

TurboTax clearly explains all tax laws and concepts to help you make better decisions that can help you get a bigger refund. Try it today to see how it makes tax time easy...

Intuit TurboTax 2023 Review:

TurboTax offers a full line of products for the 2023 tax season to help get you square with the IRS in a simple and fully guided tax preparation and filing process.

As the TurboTax 2023 Editions lead you into the tax filing process, it takes the time to get to know you and your tax filing needs.

Starting with the interview and personal data entry, you are presented with basic questions to get your individual tax information and determine life changes that could effect your return.

Wages are entered in a similar fashion, as well as deductions and other income. Home office expenses are calculated automatically from the gross amounts that you enter in for your home utilities and and other related expenses. These figures are determined by how many square feet you’re using for business office area as compared to the total square footage of your home.

As you complete each section, TurboTax 2023 Editions show a rolling summary of the total taxes due, or refund amount due back to you at the top of the screen. When your return is completed, a summary of the return is presented on screen, and the return is checked for completeness, missing entries, mistakes and, any entries that commonly can trigger an audit, making it easy for changes.

TurboTax Online Tax Preparation

When your federal return is completed, you can download the required state forms to prepare your state return in the same manner. You can also do this from the menu as you start a new return from the menu there.

You'll then be guided through the process where relevant figures are automatically transferred from the federal return to the state saving time and effort. If any figures need to be adjusted for state purposes, those adjustments are made automatically as needed.

Once the returns are finished and you are satisfied that they are ready to file, TurboTax gives an option to select which returns you want to file (federal, state or both), how to file each return (e-file or paper), and whether you want to print a copy for yourself. TurboTax 2023 Editions use the default printer unless it’s manually set up to use a different printer instead.

There are lots of advantages to using tax software, it will speed the process with step-by-step guidance, help you make sure that the calculations are performed correctly, check that the right figures wind up in the right places, and on the right forms. You'll get tax guidance that does work to your benefit in insuring a maximum refund. That’s a whole lot of support and guidance for a relatively small tax software investment.

TurboTax Software

In the tax preparation process TurboTax 2023 software provides a checklist at the beginning of each section to help with accumulating your tax documents that are needed for properly completing your return. This helps taxpayers organize their records and documents as they go.

When using TurboTax, the EZ-Guide works well and is easy to actually follow as it covers most of the tax preparation bases thoroughly. I like the fact that often it suggests a second look at areas where you might have overlooked income or deductions to insure all opportunities are taken to lower you bill.

TurboTax has a preparation checklist online that you can access through the links on the top of this page that can help you get your papers together before you even start using the tax software.

This is an organizer document that helps you just as a professional would when they send out the organizer to their clients so that clients can gather as much of the materials needed before meeting with the tax preparation specialist.

At the home level, this organizer checklist simply help you by letting you know in advance what might be needed in the future for each section of the tax preparation process.

With the Turbo Tax 2023 software you can watch your refund add up from every screen as you complete your return.

Save time with TurboTax 2023

Import Your Investment Info - Save time by automatically importing investment info directly from participating financial institutions.
Get Help Accurately Reporting Investment Sales - You'll be walked through reporting sales of stocks, bonds and mutual funds. TurboTax automatically calculates capital gains and losses as it keeps track of those that carry over to future tax returns.
Your Cost Basis in Three Easy Steps - Find your accurate purchase price for stock sales.
Get Help with Employee Stock Plans - TurboTax automatically determines your correct basis for selling shares purchased at different times or different prices.
Maximize Your IRA Savings - TurboTax will show you exactly how much you can save on this year's taxes by opening or contributing to an IRA.
See Your Best Rental Depreciation Method - Simplify reporting rental property depreciation. Determine which depreciation method will get you the biggest tax deduction.
Maximize Refinancing Deductions - You'll be guided through deducting points, appraisal fees, recording costs, and more so you don't miss a single opportunity to save.
Get Help with New Rental Properties - Get step by step guidance to set up rental properties