TurboTax offers up some pretty popular tax tools that help ease the tension of tax season. One of those happens to be the TurboTax TaxCaster Tax Estimator.
TurboTax 2019 -2020 Tax Tools
Tax season can be a challenging time for many tax filers with all the tasks involved to insure you're not paying more taxes than required. Fortunately, TurboTax offers many tax tools to help consumers discover tax breaks when their ready to prepare and file their tax returns.
From tax calculators and tax software, to tax deductions, these tax tools not only help with the tax preparation process, but they offer step by step support to help you reduce the anxiety tax season seems to create.
Turbo Tax 2019 - 2020 Tax Software Choices
While it may seem intimidating. Tax filing is now a fully guided experience that pretty much anyone can do with the right software to guide you through.
TurboTax online tax preparation software does a good job of loosening the tension by supplying easy to follow formatting with their tax preparation products that make the tasks at hand easy to understand and complete.
The TurboTax tax software lineup includes a free edition for simple returns, basic edition for import capabilities, deluxe edition for tax deduction support, the premier edition for small businesses, and home and business edition for preparing both your personal and business tax returns with one package.
TurboTax Life Changing Events Tool
Life changing events happen everyday, and most of these changes trigger adjustments in the way your taxes are calculated. Fact is many of these will change the tax brackets and rates that apply to your tax return.
TurboTax gives you financial guidance for life events that create the need for changes in your tax preparation process. Additional data for marriage, family, home and job changes all stack up to more confusion without the proper tools to get the job done right.
The TurboTax Life Events Advisor can help taxpayers decipher how life changes effect their taxes, and how to deal with them.
Is TurboTax Your Best Tax Software Choice?
However, other choices like H&R Block Tax Software are also worth your consideration.
Many choices could work well for your tax filing requirements, but TurboTax offers the most popular choice for online tax preparation.
TurboTax tax support products include:
- TurboTax TaxCaster Smartphone App
- For calculating taxes owed or total refund amount
- TurboTax itsDeductible Smartphone
- Track charitable giving tax breaks
- TurboTax W-4 Withholding Calculator
- Calculate and adjust exemptions you claim
- TurboTax IRA Retirement Calculator
- Know what you can contribute to your IRA retirement fund
- TurboTax Life Events Advisor
- See how life changes effect your taxes
- TurboTax Health Care Calculator
- See if you fit in to the affordable health care system
- TurboTax AnswerXchange
- TurboTax Community support center
All these tools and more are great reasons that TurboTax may be your best choice for tax preparation products and support.
This year TurboTax comes into the tax season following one of the biggest gains in market share they have ever had. Last year TurboTax online tax preparation use saw a dramatic increase that no doubt stumped a lot of the competition.
This year they are looking to make another move on that energy to gain additional clients. It's a freight liner that's on the move looking to gobble up more territory. That's a strong business taking control of more territory every day.
Consider try the TurboTax line of products yourself, I'm sure you will be pleasantly surprised.
TurboTax offers up several other tools designed to help taxpayers get their financial tax obligations in order.
TurboTax Tax Estimate Tools Include:
The TurboTax tax estimation tools are not basic tax calculators like some other limited function tax support products. Their estimator provides you with extensive detail entry options that fulfill required data input entries for accurate calculations.
With all the confusion that tax season throws at you, it's nice to have the extra peace of mind that knowing what financial obligation you face can bring. After all, winging it and getting your tax bill only to find out that your were not financially prepared for it can be quite hair raising.
TurboTax Helps Relieve Tax Season Stress
Tax season can bring out a lot of anxiety or anticipation when you don't know whether you will owe more taxes or if you will be getting a refund. Taking advantage of the TurboTax TaxCaster tax estimator can help you determine what your financial obligation is to the IRS by helping you estimate what to expect when you file your actual taxes return.
TurboTax Makes It Easy to Get Started
No personal identification information is required to use the TurboTax TaxCaster tax estimate tool. All that is needed to use it is your basic tax information such as income and deductions. There is no need to haul out all your documentation since this is a quick and painless process that will provide you with an estimate of your tax liability.
Another feature of this Turbo Tax product is the continually updating tax liability legend that keeps you informed of what your tax debt is at any given time. As you enter information this application updates the tax figure as you work, giving you result of each change for every entry you make.
TurboTax Keeps You Informed
Having a clear figure on your tax liability allows each tax payers to ensure they are better prepared to meet their financial income tax obligation.