TurboTax 2019 Tax Tips
Now that the new tax season is here, it's time to gather all those documents and receipts you need for preparing your 2016 tax return so that you can be ready to file by the April 2019 tax filing deadline.
One of the most popular and widely used product lines to help you piece together your tax return will no doubt again this year be the TurboTax 2019 tax tools.
What Are The TurboTax 2019 Tax Tips That Can Be Financial Tax Return Benefits?
With an ever changing tax code, and political rhetoric messing up our countries cash flow, there is always going to be an extra bit of financial stress put on American taxpayers to cover the cost of our skyrocketing deficit.
So to help you save some cash, The option of qualifying to use a TurboTax 2019 Free Tax Filing option can be a good start to easing the pressure on your wallet.
When you click on the “Start Your Return" button you can prepare your tax return for Free. You’ll be asked several questions to help determine if your tax preparation needs fall within the free tax filing qualifications that allow you to take advantage of totally FREE tax preparation and filing with TurboTax 2019 tax software.
Tax Tips For Importing Data Into TurboTax
By letting TurboTax know how you prepared your taxes last year for the 2016 tax filing date, they can determine whether it is beneficial or not to import your tax information from the previous year, or from another source.
You can choose from several options to acknowledge whether you used a TurboTax product last year, or a different software brand like H&R Block, or went to a tax professional (CPA), to get help preparing your taxes. At any time you can click skip this step at the bottom of the page if you prefer to just move on to preparing your tax return right away.
TurboTax 2019 Free Edition Limitations
While the free edition of TurboTax 2019 is a great option, there are several limitations that may require you to upgrade to the Basic, Deluxe, or Premier edition to fit your tax filing needs better.
TurboTax Free Edition Compatibility Features include:
- Compatible with 1040EZ, 1040A, Schedule B, or Schedule EIC. Generally works on simple tax returns
- 1040EZ - Income tax return for single or joint tax filers that do not have dependents to claim
- Schedule B - Interest or dividend income tax returns
- Schedule EIC - earned income credit tax returns
TurboTax Free Edition Options
- Prepare, print and mail, or efile file your tax return
- Import your W-2 tax forms from other sites so that you don’t have to manually enter in the information
- Take a photo of your W2 and it will bring import your information from the photo to your tax form
Compare TurboTax 2019 Desktop Software
Below u can see a TurboTax 2019 Desktop Tax Software screenshot that offers comparison of different TurboTax options. Keep in mind that TurboTax Online Tax Preparation Editions don't offer all the same capabilities as the software versions that come on CD or by download. In addition to that, you can only use the free edition online through the TurboTax website. click-enlarge
Once you have decided on the version of TurboTax, online verses software, and then decided on the edition that suits you best, Free, Basic, Deluxe, Premier, Home and Business, you can start to move forward on the tax preparation process.
Creating An Online TurboTax Account
To create a TurboTax account if you don’t already have one, you will need to go through the following procedure.
- Access TurboTax Online and click create an account
- Enter your email address
- Enter you phone number* optional
- Enter a user ID
- Enter a password
- Create account
Note* You don’t have to have a phone number but it can be helpful.
If you already had an account, sign in using your email address and password to access TurboTax 2019 software selections.
Other TurboTax 2019 Tax Tips
Be sure to check out all the TurboTax Tools that help make tax filing a much more manageable task to complete.
- TurboTax tax refund finder, checks for hundreds of additional tax deductions to lower your tax bill
- TurboTax benefit assist, determines if you qualify for Medicaid, food stamps, discounted gas or electricity
- Guarantees you the maximum refund
TurboTax 2019 features offer a leading advantage for tax filing.