The entire process will take between half an hour and two hours, depending on whether you have just a few tax slips to enter or self-employment, rental, or investment income to declare. Once you’ve completed your return to your satisfaction, it takes just a few clicks to file your taxes, and then you’ll wait to receive your refund. If you aren’t sure you’ve completed your return correctly, you can choose to have an expert review your taxes or contact support for advice. When you’ve entered all of your tax information, you’ll be able to review your income tax return to make sure you haven’t forgotten anything or made any mistakes. TurboTax will automatically search for and suggest the correct deductions for you, as well as suggest ways to optimize your taxes so that you’ll receive the largest refund.
#Turbotax review things to know software
Once you’ve selected your tax software version, you’ll start entering your tax slips and forms into TurboTax, which will dynamically calculate your refund. Once you’ve chosen your tax year, TurboTax will ask you a series of questions about your tax situation and suggest the correct version of the software for you.
When you open an account with TurboTax, you’ll have the option to file your 2022 taxes or taxes from previous years. Even if you’ve never used an online tax preparation software before, you’ll find TurboTax to be straightforward and transparent.
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