TurboTax Free Edition
Online Tax Filing
Step by Step Guide
Deductions & Credits Maximizer
Investments & Rental Property Filing
Home + Business
Personal + Business
Corporations, LLC's Partnerships
TurboTax 2012 Reviews & Products >>
Why You Should Use Turbo Tax 2012
TurboTax 2012 offers a tax preparation product for every tax filer. Their software editions are designed to find every deduction possible and include:
TurboTax Online 2012 Tax Filing >>
Choosing the right edition for your tax filing needs will insure your getting all the guidance you need to get your biggest refund.
TurboTax 2012 and Tax Law Changes
One of the big tax law changes
will include a 3.8 percent Medicare tax on investment income. This new tax applies to single taxpayers who earn $200,000
or more and any married couple earning at $250,000
or more, $125,000 if filing separately. This tax also applies to
trusts and estates and trusts
that are not tax exempt charities..
This tax applies to your net income amount (after expenses).
Fortunately this tax does not
apply to the $250,000 or $500,000 exclusion amounts for single or
married capitol gains on the sale of your principal residence.
Funding a taxable account would make receiving dividends or capital gains subject to the 3.8 percent tax. These same exact investments in a retirement plan would not be subject to the 3.8 percent tax.
TurboTax 2012 Desktop Software Download/CD Installation Editions >>
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Over the years TurboTax has dominated the online tax filing industry by a very large margin. This year the Turbo Tax 2012 tax filing versions, (both Online and Download / CD) services will allow consumers to calculate their tax return refund in advance, as well as prepare and file there return online to receive their tax refund by direct deposit fast.
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