Turbotax 2012 Deluxe - Benefits of 2012 version of Turbotax Deluxe
Turbotax Deluxe 2012 - Electronic filing of a tax return is one of the best modes of filing a tax return today. This is done mainly through a tax return software such as Hrblock, Turbotax or any other similar software.
Turbo tax Deluxe 2012 is one among many other softwares available in the market which allow you not only to prepare the tax return by yourself with easy step by step guidelines, but also allows you to efile the tax return for easier & faster refunds.
This software offers a diversified package that is built for meeting most of the revenue recognition sources, so from suitability point of view, according to my review, turbotax deluxe 2012 is fit for you if:
-If the tax payer owns a home or,
- Incurs Medicare & childcare expenses,
- Has made donations,
- Got married,
- Got divorced,
- Moved the home for new project in the job
- If you have spent on childcare expense,
- And gives proper treatment to incomes & expenses so as to maximize the deductions & eventually bigger & yet safer refund.
Here’s something very very interesting that Turbotax Deluxe 2012 provides as per my review.
It’s the inbuilt Audit support center - If you are using Deluxe, Premier, and Home & Business editions, you will get Audit support center. Also, this tax software helps you to face the IRS questions if your return is audited by IRS. It tells you the steps you need to follow after you receive a notice from IRS which includes guidelines like- find out why IRS contacted you, helps you determine what it means & prepares your next steps accordingly.
It tells you what different types of IRS letters mean. But remember that turbotax 2012 offers a 100% guarantee about your safe money. Even if audit support center is there & still you are hit by a penalty, you shall be reimbursed 100% in terms of your penalty & or interest. This is true for all the versions including 2012 deluxe version
Another important review point is that this software offers many-many deductions - Quickly searches for 350 deduction & offers you complete coverage of credits.
Fits you if you gave donations to charity - Gives you accurate values for your donations
If the tax payer incurred high education expenses- One of the biggest example in this category can be education credits.Like the Hope Credit was available only for a few years. But there are several other education credits that have replaced it.
Turbo Tax Deluxe 2012 alerts you to audit risks and gives you suggestions on how to reduce your risk of being audited.
Transfer your tax information from the previous year, saving you time. Import your W-2 or 1099 to report your income. Receive free technical phone support.
File free Alliance- File free Alliance is a partnership between Internal Revenue Service(IRS)& tax software companies like Turbo Tax by which taxpayers satisfying certain set of the requirements, can file their Federal Tax return at no cost in 2012. Basically this program is for those who fall in a certain low income group & have a littile non complex tax returns. With tax softwares, you can even file your tax returns electronically which would expedite the processing of your return & you shall receive the refund expressly in almost like in a period of 2-3 weeks. On the basis of free federal filing, some of the states have also accepted Free State tax return filing. Here are the twenty one of the US sates which accept Free State tax return filing. Alabama, Arkansas, Arizona, Georgia, Idaho, Iowa, Kentucky, Massachusetts, Michigan, Minnesota, Missouri, Mississippi, Montana, New York, North Dakota, North Carolina, Oklahoma, Oregon, Rhode Island, Vermont, & West Virginia. For this reason, TurboTax deluxe 2012 can be called as an "Express Tax refund Machine"
Also Consider using TurboTax Deluxe for Mac, as it is easier than going to a tax store or other professional. The version for Mac lets you file online (otherwise known as e-file) for a minimal fee.
Now, apart from what suits you about TurboTax Deluxe 2012, here's a brief summary:
1 on 1 tax advice
Has the option of downloading the software right away
You have just to answer the easy questions that follow. This finds ALL deductions for you to get you the biggest refund
Its like gps
Gives you perfectly safe deductions for donations, which are a very delicate matter from the audit perspective
Takes care of any additions to your family
Believes in a very safe play
Takes full responsibility to defend you from the IRS in case you come across any audit letter from the IRS
Has the ability to automatically fill w2 & 1099 info
One of extremely amazing feature is that it imports data from your financial software like Quicken, QuickBooks 2007,
and Microsoft Money etc
You don't have to sit to prepare the tax return in one sitting, your data shall be saved
Free technical support via phone, live chat, email, and TurboTax's knowledge base.
Smart check feature offers double checking
E-file feature allows you to get quick refund in as fast as 7 days.
With everything TurboTax Deluxe 2012 has to offer, I'm sure all the users are going to have the best refund using this tax return preparation software. So, go ahead & grab the TurboTax Deluxe 2012