Why spend more than you should to have someone else do your taxes for you? TurboTax puts the power in your hands to keep more of your hard-earned money, with the peace of mind of knowing you have experts in your corner every step of the way.
Get your fastest refund possible with e-file and direct deposit (refund time frames may vary). Free federal e-file is included at no extra charge. If you’re a returning user, TurboTax will automatically transfer your e-file information from your previous year’s return to save you even more time.
TurboTax Basic was designed to make doing your simple taxes easy, by guiding you step by step through your federal tax return. State preparation and printing is not included in this version.
Choose TurboTax Basic if any of the following apply to you:
Not sure Basic Edition will cover your unique situation? Get started with it, and it will prompt you if another TurboTax program may be better for you. When you upgrade, the info you’ve already entered will conveniently transfer automatically.
If you have a mortgage, childcare expenses, or made charitable donations, TurboTax Deluxe will help you maximize your deductions for the biggest tax refund.
If you own investments or rental property, choose TurboTax Premier. It has everything in Deluxe, plus will provide extra guidance so you get the most from your investments.
If you are a sole proprietor, consultant, 1099 contractor, or single-owner LLC, TurboTax Home & Business has everything in Premier and will help you make the most of your business and personal tax deductions.
|Basic||Deluxe||Premier||Home & Business|
|EasyStep Interview walks you through your return, finds you every credit you deserve, and double checks for errors as you go||X||X||X||X|
|Easily imports prior year tax data from TurboTax and other tax software brands||X||X||X||X|
|Save time by importing financial data including W-2s, investment, and mortgage information, plus import from Quicken and QuickBooks||X||X||X||X|
|Get personalized answers from an expert by phone, chat, or online||X||X||X||X|
|Five Federal e-files - receive IRS confirmation; get your fastest refund possible||X||X||X||X|
|Maximize Your Deductions|
|Deduction Maximizer searches over 350 deductions and credits as you go to help make sure you get your maximum refund||X||X||X|
|Audit Risk Meter - helps you reduce your chance of an audit||X||X||X|
|ItsDeductible helps you accurately value charitable donated items||X||X||X|
|Expert advice provides insight into this year's outcome and recommendations to help you get an even bigger refund next year||X||X||X|
|Investments and Rental Property|
|Extra guidance for investment sales such as stocks, bonds, mutual funds, and employee stock plans||X||X|
|Cost Basis Lookup quickly tracks and calculates historical cost basis||X||X|
|Shows you how much opening an IRA now could save you on this year's taxes||X||X|
|Additional help for rental property income, expenses, and refinancing||X||X|
|Schedule C Businesses|
|Expanded Schedule C guidance to maximize home office, vehicle, and other business deductions||X|
|Simplified income and expense entry so you don't miss a thing||X|
|Create W-2 and 1099 forms for your employees and contractors||X|
|Walks you through what start-up costs new businesses can deduct||X|
Cost includes tax preparation and printing of unlimited federal tax returns and free federal efile, of up to five federal tax returns. State Product not included in Basic but available for download. Additional fees apply for efiling state returns ($19.99). State Efile fees do not apply to New York state returns. Prices subject to change without notice. Internet access required. Not for use by paid preparers.
1. Live tax advice service is free and available year-round by phone and online for questions on 2012 U.S. Federal and State tax returns (restrictions apply). Service, experience levels, hours of operation, and availability vary and are subject to restrictions and change without notice. (Tax Attorneys are not providing legal advice and are authorized under IRS Circ 230 to provide tax assistance and advice.)
2. If you pay an IRS or state penalty or interest because of a TurboTax calculation error, TurboTax will pay you the penalty and interest.
Note: State preparation and printing is NOT included in this version.