For example, TurboTax may ask a question like “Do you have any dependents?” The answer will affect the results of the return filed, ensuring that users get the refund they qualify for. Customers can follow a simple format to determine which deductions and credits they qualify for. One area where all of TurboTax’s versions shine is ease of use.

TurboTax also offers a mobile app that lets you complete your returns using any device, including your phone. If you run into any problems, you can get assistance with the product of your choice or turn your return over to a pro to complete. While the free edition will walk you through the basics, the paid versions offer features for crypto investors, freelancers and small business owners to make sure you are getting the most money back. You can even upload a photo of your W-2 and TurboTax will populate your return with the information. You can jumpstart work on your TurboTax return by importing information from either your last year’s TurboTax return or a PDF of last year’s return you completed using other tax software. Filers who are self-employed, collect income from investments or rental properties, or who want to itemize deductions will pay between $39 to $89 for self-filing software. Taxpayers who only need to file a 1040 return and who are taking the standard deduction qualify for a free federal return through TurboTax. However, not everyone will be able to file through the free return system. TurboTax’s free version is truly free, offering very basic return services for $0. There are multiple paid versions of TurboTax designed to streamline filing for different income sources, deductions and credits taxpayers may qualify for. The features that you have access to when filing your taxes through TurboTax vary depending on which version you’re using.

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