TurboTax 2023 Internet Tax Filing
Do-It-Yourself U.S. Online Tax Preparation Filings Were Dramatically From The Year Before As This Upward Trend Continues To Climb.
The whole landscape for tax filing is being driven by an earth mover toward DIY online tax preparation. This trend is a steam roller on a downhill ride and it's picking up speed. Annual growth in this sector has seen leaps and bounds as every year more tax filers get comfortable with the idea of handling their tax returns themselves.
TurboTax Leads this Market with a resounding dominant percent of all tax returns filed online as TaxAct and H&R Block step In to cover the remaining market shares.
TurboTax Dominates The Do-It-Yourself Internet Tax Filing Market With A Resounding Dominant Share
This
Year The TurboTax 2023 Product Line Is Being Pushed With A Class Act Marketing
Blitz
Consumer sentiment and advertisement analysis of the online tax filing market place shows this segment for the upcoming tax season can expect more growth adding to the already large volume of tax returns that were filed online in the previous year. TurboTax is getting a jump on this with an advertising blitz that seems to be more ambitious than we've ever seen before. A campaign designed to strengthen their lead no doubt with a prod toward how nobody knows your life and taxes better than you.
Among the competition in this online do-it-yourself (DIY) internet tax preparation market, several providers including the three largest competitors (TurboTax, TaxACT and H&R Block) account for over 92 percent of DIY tax units filed online.
TurboTax 2023 The Leader In Online Tax Preparation
TurboTax executed well during the 2023 season with new investments paying off to accelerating top line growth. It was a year of increased investments in enhanced brand and marketing effectiveness. Strong tax season growth was recognized in the do-it-yourself software category throughout the tax season. TurboTax has a solution to meet each tax filers needs regardless of the ease or complexity in their taxes.
Season-to-date TurboTax Federal Unit Data
|
TurboTax Seasons Compared 2017 - 2023 Federal Units |
|||
| Year to Date | April 22, 2017 | April 21, 2022 | % |
| TurboTax Desktop | 5,295,000 | 5,030,000 | -5% |
| TurboTax Online | 28,113,000 | 29,814,000 | +6% |
| Sub-total Units | 33,408,000 | 34,844,000 | +4% |
| TurboTax “simple tax returns only” | 1,206,000 | 1,169,000 | -3% |
| Total Units Sold | 34,614,000 | 36,013,000 | +4% |
This shows that Americans continue to become more comfortable with the well known companies and with filing their taxes online themselves. So yes, this trend appear to be especially reliant for market leaders like TurboTax in the online tax preparation category. This no doubt shows that the top three DIY online tax filing providers benefit from a strong indication that customers value these trusted brands for their financial support.
For The Tax Season Through April 2023, Leading Sales For Online Internet Tax Filing included Intuit TurboTax 2023 leading the sales volume.
It looks like more and more Americans are realizing that it isn't necessary to pay a tax professional for tax preparation services when you can prepare your own tax return online with fully guided support. Both federal tax preparation and state tax preparation can be prepared and filed online in the same manner.
Another benefit is the fact that when you use a tax service like TurboTax Internet Tax Filing products you can crank up the horsepower with a speedy income tax refund. When you choose to have your tax refund deposited directly into your bank account it takes less less time to get it. Professional tax preparation is becoming a thing of the past for many Americans since you can purchase online tax preparation software that walks you step by step through the internet tax filing process.
Try TurboTax Online Internet Tax Filing Yourself This Year To See Why It's The Leader!
Starting this year, your income tax preparation can be easier, cheaper and quicker than it has ever been before. When you use an online internet tax filing program to file your tax return, you'll be convinced that online tax preparation is the wave of the future that you will be riding too. Say goodbye to your tax professional and those inflated tax preparation fees. You can take it from here!
Choosing The Right Online Internet Tax Filing product For Your Needs
There are multiple programs with each tax software service for you to choose from. Each company offers a variety of programs ranging from the simple to more complex. Reading through the programs specifications will help you to choose the program that best matches your tax situation. TurboTax offers cheap and even free options along with choices listed below.
- TurboTax - Basic version for simple returns and step-by-step guidance; the Deluxe version for those who own homes, make donations or have medical deductions; the Premier version for taxpayers who own stocks, bonds, mutual funds or rental properties; the Home + Business version if you're a sole proprieter, consultant/freelancer or single owner LLC; the Business version for those who have a partnership, corporation or multi-member LLC.
Investing a bit of time in looking through these online internet tax filing software will familiarize you with what is offered and which fits your particular tax situation best. A little reading and comparison shopping will make it easy to pick the right online tax preparation software for you. Keep in mind the two most popular software programs are TurboTax and H&R Block. And that's for good reason. They are reliable, reasonably priced, quality programs that people return to year after year. Check them out and you'll see why!
Tax Season Is Stressful Enough Without The Sometimes high Cost Of Tax Preparation. Here Are Some Cheap Ways To Get Your Taxes Done At A Bargain Price.
