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About Turbotax

The Turbotax Deluxe maximizes tax deduction for mortgage interest, education, donations and more. It helps you to qualify for more tax savings by uncovering more than 350 deductions. The Turbotax Deluxe is a better choice if you own a home or sold your home, made charitable contributions, had a lot of medical expenses, have education expenses, don't sell investments such as stocks, bonds, or mutual funds and if you don't own rental property, you don't have your own business.

Turbotax

Deduction Maximizer Center:

Deluxe Deduction Maximizer includes Turbotax includes every thing in basic, inaddition extra help with itemized deductions such as donations, mortgage interest, medical expenses and education. The several benefits by this are as follows

  1. It shows you how to qualify for just about any deduction, so there are no lost opportunities.
  2. Looks for deduction opportunities as you go such as it shows you which deductions you've taken, which you haven't, and which you're not yet eligible to take.
  3. Helping you and finding overlooked deductions are done by Tax's Deduction Maximizer center like it reviews your return to identify missing income information and missed deductions.
  4. Helps you accurately value items commonly donated to charity so you don't have to guess at donation values.
  5. Tracks how much you've saved in deductions and shows the impact on your refund/bottom line.

Turbotax imports and transfers data from:

  • Turbotax
  • TaxAct
  • Quicken Rental Property Manager
  • It's Deductible
  • TaxCut
  • Microsoft Money
  • Quicken and QuickBooks (2005 or higher versions)
  • Turbotax Estimated Taxes
  • W-2, 1098 and 1099 data from most financial institutions

Technical and Tax Support:

Both the Turbotax and TaxCut offers free technical support for TaxCut software help via email, chat and phone. Both have tips and directions on their searchable support websites. It will be very easy to find information on the Turbotax Support site and the search function will work well. Users can post questions and assist one another by using the active online forum. While you could easily find tips and information on the TaxCut support site. The Turbotax offers Live Tax Advice for one-on-one help from a highly-qualified tax professional, but only for national tax questions.

 
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