TurboTax Live

TurboTax Live is an online tax preparation software that helps you do your income taxes from the comfort of your own home. Although the TurboTax brand has been around for over 30 years, they recently added the “Live” feature, allowing you to receive live help online from tax experts. TurboTax Live is available in four packages with varying features and price points:

• Free Edition: Ideal for simple tax returns, it allows you to file both federal and state taxes at no cost.

• Deluxe: Great for maximizing deductions and credits, perfect for those with itemized deductions.

• Premier: Designed for investors and rental property owners, handling investment income and rental property deductions.

• Self-Employed: Tailored for freelancers and small business owners, it helps track expenses, report income, and maximize business deductions.

How Does TurboTax Live Work?

• Visit the TurboTax website and select the TurboTax Live option that suits your needs (Basic, Deluxe, Premier, or Self-Employed).

• Set up a TurboTax account if you don’t have one or log in to your existing account.

• Follow the guided steps to input your personal and financial details.

• Click the “Live Help” button to connect with a tax expert via video call or chat whenever you need assistance.

• Before you file, a TurboTax Live expert will review your tax return, ensure everything is accurate, and even sign off on it.

• With the peace of mind that comes from professional review, you can file your return electronically.

What is TurboTax Live Full Service?

In TurboTax Live Full Service, a dedicated tax expert will prepare, sign, file, and guarantee your tax return for you.

Once the tax expert receives all tax documents and info from you, they will prepare the return with you on the phone. Complex returns may take longer to complete. Your tax expert will give you next steps based on your situation.

How to get TurboTax Live?

To get TurboTax Live in a few simple steps:

• Start a Return: Begin by selecting a TurboTax Live product when starting your tax return.

• Upgrade: If using a different TurboTax product, you can upgrade to TurboTax Live by selecting "Live Tax Advice" and clicking "Upgrade."

• Desktop Users: TurboTax Desktop users can add TurboTax Live through TurboTax Advantage for a fee.