TurboTax.ca/download 2025

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To download TurboTax 2025, visit turbotax.ca/download 2025 and select the product that suits your needs. You'll have options like Basic, Deluxe, Premier, and Home & Business, each catering to different tax situations. Once you've chosen your product, follow the prompts to download and install the software. Make sure to keep your license code handy, as you'll need it to activate TurboTax.

How to Install TurboTax License Code - turbotax.ca/download 2025

Visit turbotax.ca/download 2025 in your browser.
Sign in with your TurboTax account or create one if needed.
Enter Input your 16-digit license code (found in your email or product packaging).
Select your operating system (Windows or Mac) and click "Submit".
Click the download link and save the installer file to your computer.
Run the downloaded file, follow the on-screen instructions, and complete the installation.
Open TurboTax, enter your license code, and activate the software.
Allow the software to update to ensure you have the latest forms and features.

What deductions and credits can I claim with TurboTax 2025?

Deductions:

Standard Deduction: A fixed amount that reduces the income you're taxed on.
Itemized Deductions: Includes medical expenses, state and local taxes, mortgage interest, and charitable contributions.
Home Office Deduction: For those who work from home, you can deduct expenses related to your home office.
Educational Expenses: Deductions for tuition and fees, or student loan interest.
Retirement Contributions: Contributions to traditional IRAs and certain retirement plans.

Credits:

Earned Income Tax Credit (EITC): For low to moderate-income taxpayers.
Child Tax Credit: For parents or guardians with qualifying children.
Savers Credit: For low- and moderate-income taxpayers saving for retirement.
American Opportunity Credit: For tuition and related expenses for the first four years of higher education.
Lifetime Learning Credit: For tuition and related expenses for eligible students enrolled in an eligible educational institution.

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