Turbotax Federal Basic
TurboTax help?
does anyone know if state and federal turbo tax is good for basic taxes? i work on the books, and i wanted to know if i can do my taxes on my own. i already bought the software.. can i use it more than once? for different people?
I’ve used it for my personal taxes for years, and it is always quick and easy. I have had very complex tax years, and very simple ones, and TurboTax handles everything well.
There is a limit on the number of returns you can prepare with the program for one year – four or five, I think. So, you can’t run a tax return business with the basic retail copy.
Every year you need to get a new copy of the program, due to all of the new tax laws every year.
You can deduct the cost of the program – the IRS lets you deduct the cost of preparing your taxes, and the program itself is in that category, just like an accountant would be.
