How Do I File My Taxes with Turbotax?

How Do I File My Taxes with TurboTax?

Have you been wondering how you will file your taxes and which tax package is best for your tax needs? If you have, TurboTax can help you out. This tax filing option is perfect for people with straightforward tax needs but experience problems identifying the tax packages they should choose. It offers several tax packages that work for different people.

One of the tax packages that it offers is a basic tax option. It is perfect for people with basic tax needs. The other packages are good for people with special tax needs. You should choose a package depending on your source of income.

TurboTax is an easy option for filing taxes because its website design is simple and interactive. You can also see your tax refunds when using it. Here is the procedure if you are wondering how to go about filing your tax returns with TurboTax.

How To File Taxes With TurboTax

Filing taxes with TurboTax is simple. If you have never used TurboTax, you should not worry as the TurboTax website will guide you through the procedure. However, you need to create a TurboTax online account if you do not have one. Follow these steps when filing taxes with TurboTax.

1. Open the TurboTax website and sign in to your TurboTax online account. Contact TurboTax if you experience problems signing in to your TurboTax online account.
2. Choose the tax package that is perfect for your tax needs.
3. A page will appear displaying your personal information. Confirm if the information is correct and click on the "continue" option.
4. The website will take you to the income section. Click on the "walk me through everything" option if you want to be guided through this section. If you want to work on this section on your own, click on the "I will choose what to work on" option.
5. Your previous year's income summary will appear on the next page. Update the income options that need to be updated. For instance, you can update your form W-2 or add another one or update your retirement income.
6. You will be taken to the "deductions and credits" section. Update the information that needs to be updated in this section and click on the "continue" option.
7. You will be asked if you are interested in entering information on your sales taxes. If you are interested in entering this information, click "yes" if you are not interested, click "no."
8. On the next page, TurboTax will ask you to enter expenses related to your work. Click "yes" if you want to enter this information and "no" if you do not have any expenses related to your work.
9. Your right standard amount of deduction will appear on the screen. Click on the "change my deductions" option if you want to change this amount.
10. TurboTax will then inquire about your health insurance coverage. Answer the questions correctly and continue with the process.
11. You will be taken to the "other tax situations" option. Click on the options that may apply to you.
12. The entered information will appear on the next screen. Look at it keenly and click on "continue" if it is correct. TurboTax will also review all the entered information to ensure that it is correct.
13. If the information is correct, click on the "ready to file my returns" option to finish the process.