TurboTax Premier 2024 Online
Intuit Turbo Tax Premier Online Tax Preparation
I
tried TurboTax Premier for the first time and found that it did the best
job of noting changes in the tax code plainly and up front. But what what
I really liked was the products handling of state returns. TurboTax offers
actual guidance and advice at the state level.
Import abilities aside, anyone that has a lot of Schedule D investment activity should lean toward TurboTax Premier for their tax software choice: It is the most sensitive to the intricacies of investment transactions without going overboard.
TurboTax Premier Extended Features:
- Tax-saving advice for IRAs and 401(k)s as well as a 401K Maximizer tool.
- Tax preparation guidance for stocks, bonds, mutual funds, and employee stock plans.
- Cost Basis Lookup tracks and calculates cost basis on your investments for you.
- Easy reporting for rental property income, expenses and refinancing.
- TurboTax Premier Online includes 1 e-file. State return available as add on.
TurboTax Premier Online
Intuit TurboTax Premier has all the features in TurboTax Deluxe, with
support for reporting investment gains and losses, rental property income
and employee stock purchase plans.
The TurboTax Premier Deductible module gives good guidance on what you can
deduct for donated items, though according to IRS Publication 526, there
are no fixed formulas or methods for finding the fair market value of donated
clothing or household items.
TurboTax Premier Desktop Software is available for Windows & Mac, by download
or cd installation.
TurboTax Premier Software also offers
more import capabilities than the other tax programs, which can be a huge
time-saver. TurboTax can import 1099s from nearly 100 different financial
institution, and also imports data from newer versions of Quicken.
One feature I really like that keeps me at ease is the Audit Risk Meter,
which graphically monitors and illustrates how likely I am to be audited
as I complete my return. This allows me to re-evaluate my entries and make
adjustments.
The thing about TurboTax "Live Community" is that it helps ease you along
with a Q&A chat board to communicate with other users, a option for tax
advice that TurboTax experts monitor for keeping out bad information.
Other help options include the On Demand Tax Guidance feature, the "TurboTax Help" link at the top of the screen (that links to an online database of tax related articles).
TurboTax Premier Support Features
- Helps You Accurately Report Investment Sales
- Determines Your Cost Basis on stock sales, in three easy steps.
- Helps with Employee Stock Plans
- Includes the 401(k) Maximizer — Shows you how to increase your 401(k) contribution without decreasing your take-home pay.
- Helps You Find Every Rental Deduction
- Simplifies Reporting Multiple Properties
- Maximizes Refinancing Deductions
- Handles Supplemental Partnership Expenses
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Overall I have to rate TurboTax Premier in the top 2 higher end personal tax return software programs for investors, running along side of H&R Block Premium.
TurboTax Premeir includes everything in TurboTax Deluxe.
TurboTax Premier operates pretty much the way it has in the past.
You can import figures from numerous suppliers of W-2 and 1099 information, which helps eliminate all-too-common data entry errors.
