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For example, after entering in my property taxes, it said something like “Good news! The $X,XXX you paid is deductible and just reduced your tax bill!”
I did feel like there were two slight changes from previous years though: I still remember filling out paper 1040 forms, and this is definitely easier to understand and less intimidating. I’m sprinkling several screenshots throughout this review, which you can click to enlarge.Īs in previous years, TurboTax uses a question-and-answer interview format. It feels like I could fill it out on an iPad, with its clear text, lots of pictures, and big buttons. The 2014 user interface is probably the cleanest one I’ve seen from Intuit. I’m pretty sure if you don’t enter any business expenses and/or deductions then you won’t have to make the upgrade.
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#Turbotax home and business 2017 reviews upgrade
Note: I was able to enter the data from 1099-MISC forms without having to upgrade to Home & Business, even though this could be technically called “self-employment income”. I remember those days… my entire tax return fit on a single sheet of paper. You must file Form 1040A or 1040EZ – that means taxable income of $100,000 or less, no itemized deductions, no investment income, no stock sales.
#Turbotax home and business 2017 reviews free
This year, TurboTax also has a Free Edition where you can get $0 Fed + $0 State for simple tax returns only. There are additional discounts out there available through various financial firms like Vanguard or Fidelity. TurboTax State Online an optional add-on at $36.99 including e-file. Although their website shows a “retail” price of $79.99, anyone who visits the site will automatically see a discounted price of $54.99 for Federal including e-File. Due to my stock sales, I am going with TurboTax Premier Online. TurboTax comes in Free, Deluxe, Premier, and Home & Business tiers.