Ask all your Finance, Insurance, Banking, Investment, Loans, Mortgage related questions and get answers from expert for FREE !
0 votes
asked in Tax Planning by
is turbotax deluxe worth it

 

1 Answer

0 votes
answered by (19.8k points)

YES.

It ideal for those taxpayers who have a slightly more complicated tax return, but who don’t have financial investments, rental properties or operate a small business.  If you’re in a more complicated tax situation, TurboTax Deluxe may be the tier for you. Most notably, this plan adds itemized deductions and added income support.

TurboTax Deluxe includes everything in the previous plans, plus:

  • Itemized deductions, made easy and intuitive in the software. (If you’re a homeowner still paying significant interest on your mortgage, you’ll probably want this feature.)
  • All previous tax returns are accessible.
  • Miscellaneous income support: For any income indicated on Form 1099-MISC, Deluxe allows you to file an infinite amount of 1099s. However, this doesn’t cover a self-employment tax for freelancers or contractors, who will have to file Schedule C.
  • Customer support phone hotline.

TurboTax Deluxe Cost:

  • Federal: $34.99
  • State: $36.99
Welcome to pfGuru Q&A, is a question and answer site for people who want to be financially literate. It's 100% free. You can ask all your Finance , Insurance, Banking, Investment, Loans, Mortgage related questions and get answers from expert.

Related questions

0 votes
1 answer
asked Jul 9, 2017 in Tax Planning by anonymous
0 votes
1 answer
asked Jul 9, 2017 in Tax Planning by anonymous
0 votes
1 answer
asked Jul 9, 2017 in Tax Planning by anonymous
0 votes
1 answer
asked Jul 9, 2017 in Tax Planning by anonymous
0 votes
0 answers
asked Jul 10, 2017 in Tax Planning by anonymous
© 2017 pfGuru
 
· Disclaimer 
· Privacy Policy
 · Contact Us
...