You choose the right pro for your tax situation, upload your documents, and the tax expert will prepare and file your taxes for you, online of course. Should you decide to punt on doing your own taxes, TurboTax gives you the option to have one of their credentialed tax experts do your taxes for you. (Note: The TurboTax for iPad app reported last year is no longer available.) TurboTax Personal Pro The information is saved with secure encryption so that it’s protected behind your personal password. You can snap a photo of your W-2 on your mobile device, and the appropriate tax forms will automatically fill in. The app allows you to seamlessly switch between your phone, tablet and computer. It likely includes new features, and seems to consolidate several mobile apps into a single app. This feature was included in our 2013 TurboTax review, so it isn’t completely new. This is a feature that figures to get even more important in the future, as the impact of this penalty becomes greater.Įxpecting a health care penalty? You could qualify to waive it. And if you do owe a penalty for not having coverage, they’ll check to see if you qualify to have the penalty waived, which could result in you saving hundreds of dollars. TurboTax can guide you through the new health care laws and make sure your info is entered onto the right tax forms. The tax is the higher of $95 or 1% of your income above certain thresholds. In 2014, the government initiated tax penalties to filers who had no health insurance for part or all of the year. To stay on the cutting edge, TurboTax has added new features in its 2014 tax-reporting software: Affordable Care Act Tax Penalty Read on for our review of TurboTax and see what’s new for those filing their 2014 tax returns.
TurboTax has made several changes in its program, both to improve its service, and also to adjust to changes in the tax code. The nation’s most popular tax-preparation software continues to evolve and improve, providing even more reasons for the do-it-yourself tax preparer to select this product.
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