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TurboTax 2010

 

TurboTax offers improvements every year that enrich and simplify tax filing. Getting the most out of your tax software insures you the biggest refund year after year. This year is no exception with the enhance TurboTax 2010 Features for easier online tax preparation and filing than ever before.

 

TurboTax 2010 Improved Features Include:

  • Turbo Tax 2010 eliminates more manual data entry

  • Automatically transfers more essential tax data into your return for greater ease and accuracy

    • Wages, salary, investment and mortgage information from more than 250,000 employers and 300 financial institutions, banks and credit unions

    • Tax and personal information from last yearís tax return, even from different software

    • Interest income from financial institutions, banks and credit unions through Mint.com accounts

  • Turbo Tax tailors the interview based on transferred tax information and data you provide

    • Guides you through like a GPS, with special guidance for first-time users

    • Recommends credits and deductions based on your tax situation

    • Stays up-to-date with all the recent tax law changes

    • Shows you exactly how much money you are saving with each step along the way

Stay in tune with a summary screen that shows you the immediate impact on your financial bottom line every step of the way through your entire preparation process. Real-time error check immediately catches errors and missed information so you can fix them right away giving you more accurate figures.

  • Bookmarking allows you to flag areas of your return so you can quickly and easily come back later

  • New streamlined and integrated help makes answers quick and easy to get

    • TurboTax 2010 quickly searches and brings together all the relevant answers from thousands of FAQs, articles. Get instant answers from other users and tax experts online thru the TurboTax Live Community

Also Included is free customer support. Live tax advice from a tax expert (CPA or enrolled agent) is available for an additional fee should you need it. Customers on Twitter can tweet questions to @TeamTurboTax for free tax, tech and product support.


Free Audit Support

  • Audit Risk Meter identifies common audit triggers like a home office and rental property, then provides actionable guidance to help reduce your audit risk before you file.

  • Free Downloadable Audit Support Center provides step-by-step guidance on everything you need to know in the unlikely event that you are contacted by the IRS

Fast Refunds


IRS electronic filing by efile is the fastest, easiest way to receive your federal refund in as little as eight days with direct deposit. TurboTax customers can also choose to put all or part of their refund on the TurboTax Refund Card for easy access, a pre-paid debit card. This is a particularly useful option for the over 20 million Americans who do not have bank accounts for direct deposit.

 

With TurboTax 2010, you can deposit your refund in up to 3 different accounts. You can also use all or part of your federal tax refund to purchase US Savings bonds, either for yourself or as a gift for family members, a child or grandchild.

 

 

TurboTax 2010 Is Ready for Late-Breaking Tax Law Changes


As Congress debates the future of expiring tax cuts, Turbo Tax ģ is prepared to accurately and easily guide taxpayers through these pending changes. This software will help taxpayers navigate through late-breaking changes, no matter what Congress decides. TurboTax 2010 is prepared for several possible tax change scenarios and can flip the switch when Congress acts.

Recent online polls show that while awareness of the expiring tax cuts is high, understanding the true impact of these changes is low. About 65 percent of those surveyed say they donít know how these changes could impact their 2010 taxes. The majority of respondents (70 percent) say they are not making any changes to their year-end tax planning as a result of these pending changes. More than half (58 percent) said they are most concerned about the expiring tax cuts, with 14 percent expressing concern about the AMT, Alternative Minimum Tax.

 

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