What is TurboTax Live Assisted?
TurboTax Live Assisted is an excellent tool for individuals who want a little extra help when filing their tax returns. It is an interactive service that allows taxpayers to connect with certified public accountants (CPAs) and enrolled agents (EAs) to receive personalized assistance as they work through their tax returns.
With TurboTax Live Assisted, users can prepare their tax returns directly with the help of a CPA or an EA using live video chat, which enables them to discuss their specific tax concerns on a one-on-one basis with experts, as opposed to relying on generic answers to their tax queries. These tax professionals are suitably trained to provide consumers with relevant information about tax implications, deductions, credits, and any other tax-related questions they might have.
The service provides an opportunity for users to get their tax-related questions answered quickly for an affordable fee. In addition, TurboTax Live Assisted offers a unique feature known as "screen share" that enable users to share their computer screen with their tax professional. This enables them to show exactly what they're working on and get real-time help with navigating through their tax questions with ease.
One distinction of TurboTax Live Assisted is that the service offers "100% accuracy" guarantee; this means that TurboTax will pay for any penalties or interest to the IRS detected as a result of any mistake or error they made during the tax preparation process.
Overall, TurboTax Live Assisted is a fantastic resource for those who want to get the most out of their tax return preparation experience and expertise from certified professionals, all while working from the comfort of their own homes.
Frequently Asked Questions about turbotax live assisted
TurboTax Online offers the convenience of preparing and e-filing your tax return from virtually any computer or mobile device with Internet access. There's no software to install and nothing you'll need to save on your computer. We'll store all of your information on our secure servers.
If we detect that your tax situation requires expanded coverage, like deductions for owning a home, unemployment income, or self-employment income, we'll prompt you to upgrade to a version that supports the forms you need so we can maximize your tax deductions and ensure you file an accurate return.
With Live Full Service, you're matched to a dedicated tax expert who will do your taxes, start to finish, and review them with you before filing. With Live Assisted, a team of tax experts is available to provide you with answers and advice as you do your taxes, and can review your return before you file.
What products does TurboTax offer?
- Basic: Free option for students and filers with a simple return.
- Deluxe: Best for maximizing deductions and credits.
- Premier: Best for more complicated returns (investments and real estate income)
- Self-Employed: Best for gig workers, freelancers and business owners.
There are two ways to do this:
- Start with TurboTax Live. When you first start your return, choose a TurboTax Live product.
- Switch to TurboTax Live if you started with a different TurboTax product. Sign in to TurboTax and open or continue your return. Select Live Tax Advice. Select Upgrade.
As you prepare your taxes in TurboTax Live, you can quickly connect with one of our credentialed tax experts:
- Select the floating Live help button.
- Select Connect with live help at the top of the chat window.
- Enter your question or topic area and select Continue.
If you are a nonresident, you can use the Sprintax software to prepare your tax forms. You can't use TurboTax or other tax software designed for residents!
With its intuitive design and variety of human support options, TurboTax is in many ways the standard for the do-it-yourself tax-prep industry. Its products come at a price, however, and confident filers might find that similar offerings from competitors may provide a better value.
With Live Full Service, you're matched to a dedicated tax expert who will do your taxes, start to finish, and review them with you before filing. With Live Assisted, a team of tax experts is available to provide you with answers and advice as you do your taxes, and can review your return before you file.
TurboTax is a software package for preparation of American income tax returns, produced by Intuit. TurboTax is a market leader in its product segment, competing with H&R Block Tax Software and TaxAct.
Yes. If you are an American expatriate (expat), someone who moved from the U.S. and now lives abroad, you will need to file a U.S. tax return if you earned above the minimum income threshold.
Summary: Best Tax Software Ratings Of 2023
- TaxSlayer Premium – Best Tax Software for Customer Support.
- Cash App Taxes – Best Free Tax Software.
- Jackson Hewitt Online – Best Tax Software for Value.
- TurboTax Deluxe – Best Tax Software for Ease of Use.
- TaxSlayer Self-Employed – Best Tax Software for the Self-Employed.
A Quick Look at TurboTax
| TurboTax Filing Options | |
|---|
| TurboTax Free Edition | – Federal: Free – State: Free |
| TurboTax Deluxe | – Federal: $59 – State: $49 |
| TurboTax Premier | – Federal: $89 – State: $49 |
| TurboTax Self-Employed | – Federal: $119 – State: $49 |
100% Accurate Calculations Guarantee: If you use a TurboTax product and find out that you owe a penalty or interest on your state or federal taxes because of a calculation error that TurboTax made, the company will pay it for you.
TurboTax offers guarantees on your returns
100% Accurate Calculations Guarantee: If you use a TurboTax product and find out that you owe a penalty or interest on your state or federal taxes because of a calculation error that TurboTax made, the company will pay it for you.
Customers with more complex tax situations will file with our paid TurboTax products that provide all the additional forms and guidance they need. We also offer additional benefits that go beyond filing your taxes, but they are optional and are not required to file simple taxes for free.
