TurboTax Self-Employed Live is tailored for freelancers, independent contractors, and small business owners. Along with features from TurboTax Self-Employed, users can access live assistance from a tax pro via video, ensuring comprehensive support for self-employment income and deductions. With TurboTax Live Full Service Premier, a tax expert with expertise in filing returns with investment income will do your taxes for you. Our experts can handle investments including capital gains, stocks, bonds, and dividends. For those with rental property the TurboTax Full Service Self Employed product handles income and deductions related to your rental property. We how much does turbotax cost prices offer free one-on-one audit guidance year-round from our experienced and knowledgeable tax staff.

Our reviewers — who are writers and editors on NerdWallet’s content team — do hands-on testing of every online DIY tax program featured in our analysis. By using these programs ourselves, we can provide detailed insights into the user experience. We’ve long praised TurboTax for its design and user experience. This year, we’ve rated TurboTax as the best tax software provider overall. They topped our list as the best for free filers, best for overall filing experience and best for ease of use. Be proactive in identifying tax deductions and credits that you may be eligible for.

TurboTax’s Full-Service option is tailored for individuals who prefer to delegate the entire tax-filing process to a tax expert. With this package, a tax pro will prepare, sign, and file your tax return on your behalf. The starting price includes the preparation of W-2 and Form 1040, with additional costs for state filing. Tax season can be overwhelming, but TurboTax is here to help.

TurboTax Fees & Costs

Freelancers can claim home office expenses, mileage and other expenses. The prices for the TurboTax programs normally increase on March 1 of the year. You can pay before March 1 to lock in the lower fee and file later if you are not ready to file by then. We use industry standard safeguards to protect any info you share with our experts.

After our analysis, FreeTaxUSA is the most affordable solution for the majority of tax filing situations. TurboTax and H&R Block both have free tiers, but they are very limited. If you have anything more than a W-2, or are filing a state return, own a home, or want to itemize your deductions, then the costs stack up very quickly. However for some people with very simple tax returns, those free tiers may be a good option. Regardless of how many forms and or how complicated your tax situation is, their federal product is always free, and state returns are $14.99. Even their upsells are more affordable than their competitors.

File your taxes, your way

• That means if you made less than $84,000 in 2024, you could file both your federal and state returns for free with FreeTaxUSA.
• While the cost of full-service options may be higher compared to DIY packages, the convenience and peace of mind they offer can be invaluable for individuals with complex tax needs.
• Additionally, live assistance provides peace of mind, especially for those with complex tax situations.

You can print and mail the state for free or each state (including the first one) is 19.99 to efile  (goes up to 24.99 in March). Our self-employed and business tax experts will ensure you get every tax break with 100% accuracy, guaranteed. TaxSlayer provides live assistance at a cheaper rate, but only TurboTax offers full-service and in-person filing with its Verified Pro plan.

Which of the Following Apply to Your Tax Situation?

However, its products come at a price, and confident filers might find that similar offerings from competitors provide a better value. If you plan to deduct mortgage interest, report business or freelance income, or report stock sales or income from a rental property, you’ll have to select a higher-tiered package. The list price of those paid DIY programs — the Deluxe and Premium tiers — is routinely on the higher end of the spectrum, especially when adding the cost of a state return. And if you want access to human help, you’ll need to upgrade to the Live Assisted versions, which costs even more. Just as with other providers we review, the free version is limited in what it can support, so it may not be a good fit for people with complex tax situations.

She has covered personal finance and investing for nearly 20 years, and was a senior writer and spokesperson at NerdWallet before becoming an assigning editor. Arielle has appeared on the “Today” show, NBC News and ABC’s “World News Tonight,” and has been quoted in national publications including The New York Times, MarketWatch and Bloomberg News. We believe everyone should be able to make financial decisions with confidence. Before starting your tax return, gather all relevant tax documents, including W-2s, 1099s, investment statements, and receipts for deductible expenses. Organize these documents in a systematic manner to streamline the data entry process in TurboTax.

• But make sure you don’t leave your taxes to the last minute as our slots can fill up quickly.
• In addition to reporting capital gains, rental properties, and pass-through businesses, users can receive expert assistance throughout the tax-filing process.
• From 4/16 through August, our experts are available Monday-Friday from 5 AM to 5 PM PST.
• With this package, a tax pro will prepare, sign, and file your tax return on your behalf.
• When evaluating how much TurboTax costs, the answer boils down to your tax situation.

Help & Support

However, if you find the banner distracting, you can opt to turn off the function. Not only does it tally up your estimated bill or refund, but it also provides a detailed breakdown of what factors are currently affecting it. We like that this helps you get insight into your full tax picture. Once you start working on your return, TurboTax will run you through a series of Q&A-style and fill-in-the-blank questions and import documents (e.g., W-2, 1099s) automatically where possible to eliminate time-consuming manual entry.

Raise your fees! TurboTax Business Return Prices

Certain discount offers may not be valid for mobile in-app purchases and may be available only for a limited period of time. Whether you have a W-2, are self-employed, or have investments, we have your tax situation covered. Pay $0 federal, $0 state with TurboTax Free Edition.~37% of filers qualify. Simple Form 1040 returns only (no schedules except for Earned Income Tax Credit, Child Tax Credit and student loan interest). These prices can vary slightly depending on the time of year and any ongoing promotions. During the process, a banner at the top of the screen keeps a running tally of your estimated federal and state refund or amount due.

TurboTax review

But its generative AI-powered assistant can unlock valuable tax breaks that maximize your refund. There’s also live human assistance if you get in over your head or just want a tax pro to do the heavy lifting. In addition, TurboTax integrates seamlessly with QuickBooks (both are owned by Intuit), making it a smart choice if you’re a small business owner or self-employed worker who utilizes both products. Our US-based tax experts and independent TurboTax Verified Pros have extensive experience and training. They can handle all kinds of tax situations, from simple to complex and are always up-to-date on all the latest tax laws, from crypto to side gigs and new government credits. They’ll guarantee your taxes are done 100% right, with every dollar you deserve.

Contact Form

Get a tracking number from the post office when you mail them for proof of filing. You’ll need to sign in or create an account to connect with an expert. One of TurboTax’s most notable features is its contextual help in the form of videos, expandable sidebar information, and embedded links throughout the program that offer tips, explainers and other resources.

A special lower price is available until March 31, and then increases slightly as of April 1. Our tax expert will call you at the scheduled time slot and review your tax return with you in detail. But make sure you don’t leave your taxes to the last minute as our slots can fill up quickly.