Basic Income Tax Software
Using TurboTax Basic can save
you a lot of time, trouble and money when you calculate your taxes.
Contrary to many other tax
aids, TurboTax Basic is not a tax book filled with rules, or a general
manual for calculating taxes. Instead, you will be guided through
the process step-by-step and no time will be wasted on tax issues
that aren’t relevant for you and your current financial situation.
With this tax software
edition, you do not have to transfer any numbers into complicated
tax forms. That's an additional bonus
that saves you all the time you would have wasted thanks to not having to hunt down tax
form A333b, just to find that it was actually tax form A333f that you
were supposed to use.
Easy to follow formatting
The step-by-step preparation process in TurboTax Basic is carried out in
plain English, not legal mumble jumble. You will never have to consult professional tax books
or dictionaries to understand the questions that are laid out in
simple to understand laymen's terms.
If you wish to obtain
more information about a specific question, you simply click the
appropriate button and TurboTax Basic will fill you in on everything
you need to know to answer the question correctly. This way you
will receive a lot of help and information when you need it, and can
skip rapidly through areas that you are more familiar with.
Custom Interview Process
One of TurboTax Basic's unique features is that every new interview
will be customized based on your answers. As soon as the program has
received information about you it will customize the following
questions based on that data.
This interview process
insures you will not have to click through a
long row of questions that are clearly irrelevant to your specific situation.
This helps avoid wasting time on questions about filing jointly with a spouse when you have
stated that you are single.
Support and Advice
You will also have access to a large
database of information regarding tax returns and money saving tips,
along with the clear every-day examples in TurboTax Basic that make even
complicated tax issues easy to understand and address.
TurboTax Basic will automatically use your answers to fill
in the correct IRS approved forms. You will also be able to see the
effect of your answers throughout the entire process and keep track
of your calculated tax refund or amount due. Needless to say,
TurboTax Basic will perform the necessary calculations and do all
the math for you. From now on, your trusty old calculator can rest
in the drawer when you do your taxes.
A new feature is the
comprehensive summary that you will see after completing each set of
questions. This gives you even better control over the process
since you can quickly edit any incorrect information or “typo” after
each section, instead of having to work through an entire tax form
searching for that single error that made the end result completely
implausible. When you make one change in TurboTax Basic, the program
will automatically check if any other questions are effected by that
data and make the necessary adjustments in all the affected forms.
Naturally, you will be able to go back and edit all the answers at anytime regardless of in which section you are
currently working in. You can easily navigate to any point in the
calculations and then return back with one click.
The Basic Edition is available for Mac's or PC users
running Windows. When you use it for the second time,
you will be happy to notice that all relevant data from last year
can be automatically transferred into the new tax calculation. This makes fast
tax refunds possible, and if you use e-file you can get your money in
less time with direct deposit.