![]() See also: To itemize or not to itemize? That is the question. A nice feature is a constantly updating estimator at the top of the page showing how much you owe for both federal and state taxes. The company does a good job of walking you through the categories of expenses you will have to itemize, giving you a sense of where you are in the journey. It's a little thing, but having plain-English web pages that preview the coming steps is helpful in an already psychologically fraught process. Sometimes the program may take you back to a step you've already done when you return it doesn't always pick up exactly where you left off.Īmong the best aspects of TurboTax's online offering is how it gives you a sense of what's coming up next, such as an overview of the income reporting process. If you walk away from the web site, TurboTax will log you out after a while. And the program will ask if you want TurboTax to allow Intuit to access your filing data for the purpose of giving you feedback, such as "analysis to help you understand where you stand financially across your income, credit score, and debt-to-income ratio, and tips to help you improve and get more of what you want." (You can choose not to use the extra options.) For example, you can import your financial data from Intuit's Quicken program or QuickBooks. These appear as a sidebar to the main content in the window, so they're helpful without taking you out of the flow of what you were doing.īecause it's part of Intuit, a number of extra possibilities pop up during the course of the online exercise. See also: Here's how 2021 tax brackets actually work.Īn interesting aspect is the information pop-ups that accompany some screens, such as financial relief options to consider to get money back. The question-answering funnels you into a series of document preparation steps, with encouraging verbiage on-screen along the way, such as "You're speeding toward the finish line!" The program then asks about life-changing events, such as buying a home, and new situations in the tax year, such as having sold cryptocurrencies or changing employers. If you see inaccuracies in our content, please report the mistake via this form. ![]() If we have made an error or published misleading information, we will correct or clarify the article. Our editors thoroughly review and fact-check every article to ensure that our content meets the highest standards. Our goal is to deliver the most accurate information and the most knowledgeable advice possible in order to help you make smarter buying decisions on tech gear and a wide array of products and services. ZDNET's editorial team writes on behalf of you, our reader. Indeed, we follow strict guidelines that ensure our editorial content is never influenced by advertisers. Neither ZDNET nor the author are compensated for these independent reviews. This helps support our work, but does not affect what we cover or how, and it does not affect the price you pay. ![]() When you click through from our site to a retailer and buy a product or service, we may earn affiliate commissions. And we pore over customer reviews to find out what matters to real people who already own and use the products and services we’re assessing. We gather data from the best available sources, including vendor and retailer listings as well as other relevant and independent reviews sites. ZDNET's recommendations are based on many hours of testing, research, and comparison shopping.
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