| Description |
[size=4][color=blue]TurboTax Premier 2007 [h33t] [dinguskull][/color][/size]
[img]http://i160.photobucket.com/albums/t161/filefactory12/turbo.jpg[/img]
Whether you are a last minute filer, an avid stock trader or planning for retirement, TurboTax Deluxe is the ultimate tax preparation product. This is the easiest product to use with one-button upgrades and thorough explanations of tax law changes and receives our "TopTenREVIEWS Gold Award."
TurboTax Deluxe takes care of your federal filing needs; state filing is an additional $25.95. The service also includes valuable extra features like investment and IRA advice as well as Sole Proprietorship and Rental Property guidance.
This exceptional tax preparation service can even help those with complex portfolios who need assistance with FIFO reporting, multiple investment entries, average cost reporting and more. This product is also an excellent tool to calculate possible 2006 scenarios and advise on future tax strategies
Intuitive Navigation:
Of all the tax service options we reviewed, TurboTax had one of the best navigations (see product details page). You can quickly jump from section to section. The navigation is intuitive and easy to find, even for novice computer users. One of the features we especially liked is that it groups related items together and asks you to check the ones that apply to you. It saves you time from answering "no" to question after question.
Novice-Friendly:
Every year it becomes easier for people without accounting experience to file their own taxes thanks to the ever-improving online options available. TurboTax has kept their software intuitive and explanations simple. It follows a linear process so all you need to do is answer the questions in front of you and if you don't know what answer to give, check the extensive Help section. TurboTax is very good at giving you every opportunity to claim deductions and then compares standard deductions to itemized deductions. It also automatically checks your return for common errors or missed deductions and checks again before you file your return. If you are still unsure of yourself, you can even get professional tax advice for an additional fee.
Ease of Installation/Setup:
It was easy to set up an account through TurboTax.
Feature Set:
TurboTax Deluxe offers every feature we looked for and includes some excellent compatibility options. It will upload data from previous years when you filed through TurboTax. Submitting your return is easy and the federal program can upload your data into the state program in seconds.
Beyond basic tax preparation assistance, TurboTax also offers:
* Audit Defense
* Year-to-year Deduction Comparisons
* Direct Deposit of Refunds
* Quick Entry for Investments
* Cost/Basis Expert Assistance
* 401(k) Maximizer
* Deductions/ Credits Guided Interviews
* Error Checks
* Tax Library
* Medial Expense Expert
* Electronic Filing with Confirmation of Receipt
* Guidance for Report Sales of NQSOs, ISOs and ESPPs.
This product reconfigures and recalculates entries instantly comparing different tax scenarios to help you maximize your return and plan for next year. TurboTax can evaluate your 401K contributions and estimate how much you can contribute before it affects your take home pay and so on. This is a useful tool that can take the stress out of the tax season—within seconds, you can evaluate all of your tax choices.
Help/Documentation/Search:
TurboTax Deluxe has one of the most extensive help sections available on the market for tax preparation. There are audio and video explanations that help you understand certain concepts relating to filing your taxes and recent tax law changes. A tutorial is also included to help you import tax and financial data. Deluxe offers help for more complicated topics like sales of stocks and bonds, retirement planning, rental property depreciation, etc.
Summary:
The service is easy to use and can quickly advise you on your future investments and tax strategies. For those that are eyeing the next tax year, TurboTax can put you on the path to optimizing your 2007 return and retirement options.
TurboTax improves every year and once again is the best do-it-yourself tax preparation product on the market.
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