For many people, taxes are a very taxing time. However, one of the biggest benefits of the digital age is that there is almost always a software available that helps to ease your workload. And when it comes to your taxes, TurboTax is one such software that is designed to do exactly that. TurboTax, which is developed by Intuit, uses an interview-style questionnaire to determine the tax needs of the user. There are different versions of TurboTax available including, Basic, Deluxe, Premier and Home & Business. This blog will give you an insight into how to distinguish between TurboTax Basic and TurboTax Deluxe so that you can select the version best suited for your tax requirement. If you want more details about either software, you can call the turbotax helpline number and consult a trained software technician to get additional support.
Type of User
Intuit developed different versions of TurboTax, and each version has different features. You should be sure to evaluate your tax need when it comes to choosing your TurboTax software. TurboTax Basic is specifically designed for taxpayers who have few deductions and fewer expenses. On the other hand, TurboTax Deluxe is ideal for a user who has many deductions and makes large donations to a charity. You should go through the features of both TurboTax Basic and TurboTax Deluxe carefully so that you can check your tax requirement and then decide which version you need.
Features of TurboTax Basic and TurboTax Deluxe
The fundamental working behind TurboTax Basic and TurboTax Deluxe is the same. Both software versions take the users through a series of easy questions aimed at understanding your tax requirement. Basic and TurboTax Deluxe both have easy prep, print, and e-file options to file your tax returns. All the features available in TurboTax Basic are also available in TurboTax Deluxe. Here is a quick look at the main difference between TurboTax Basic and TurboTax Deluxe:
- TurboTax Deluxe includes more than 350 tax deductions and credits.
- Deluxe includes mortgage interest, property taxes, and other improvements.
- The Audit Risk Meter checks your tax returns and indicates the audit risk.
- Its Deductible helps you track items you donate to charities.
- TurboTax Deluxe allows you to file tax returns for one additional state.
- The initial cost of TurboTax Basic is $49.99* (Federal) while TurboTax Deluxe is $79.99* (Federal and State)
If you have any questions about the features mentioned above, you call the turbotax customer care phone number and ask for additional assistance. Professional software experts are available 24 hours a day and will be able to answer any query you may have about TurboTax Basic and TurboTax Deluxe. You will receive top-quality customer support along with easy to understand answers for any software error you may encounter on TurboTax.
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