It’s a little bit over 2 months until the tax deadline, have you started doing your taxes yet?
If you haven’t, you may want to consider giving TurboTax a try. I have used TurboTax for years, and I love how easy it always is to input all of my information. Furthermore, each year, TurboTax makes it easier to automatically gather your information.
Do you use Quicken or Mint? If you do, TurboTax can easily import all of your information automatically.
Just like last year, I’m going to give away a FREE copy of Turbo Tax Premier – which is designed for individuals who own investments and rental property. This is a $50.00 value!
The great feature about TurboTax is that there are options for you to file your taxes for free! Not only that, but you can start your taxes on any level of TurboTax for free, and you only pay when you file. That is awesome if you want to see how your tax liability is panning out prior to filing in April.
Check out the link, and learn how you can get free federal e-file!
Here is some basic information about the different levels of TurboTax.
Free Turbotax 2012 Edition
The TurboTax Federal Free Edition is designed for individuals who don’t need much tax guidance. It handles wages and income, as well as deductions such as mortgage interest, childcare, or medical expenses.
This edition is designed for individuals who file a Form 1040, Schedule A (Itemized Deductions), Form 1040A, Schedule B (Interest and Dividend Income), and 1040EZ. If you have investments or own a business, you need a different version.
If you need a little more help, or want the system to walk you through your return, this is the edition you should consider. It has everything the Federal Free Edition has, but it has additional guidance to help you find and maximize your deductions.
This version is best if you own your own home, donated to charity, have significant education or medical expenses, have childcare expenses, or lots of other deductions.
This version is designed for individuals who sold stocks, bonds, mutual funds, or options for an employee stock plan. It also is designed for individuals who own rental property or are the beneficiary of a trust or estate (and received a K-1 form).
This is the version I have used for years, and it is extremely helpful at managing investment gains and losses, and making sure that you track everything correctly.
TurboTax Home and Business
Finally, TurboTax Home and Business is designed for individuals who own their own business. It includes everything the Premier version has for investments and rental property, plus the tools you need for your business.
This version is the right choice for you if you are a sole-proprietor, consultant, 1099 contractor, or single-member LLC. It is also a good version if you must prepare W-2 or 1099-MISC forms for your employees or contractors.
This year, I’m giving away a free copy of TurboTax Premier Edition. This usually retails for $49.95!
The contest runs from today until Saturday, February 25, 2012 at 11:59PM PST.
How do you enter? I’m using Rafflecopter to keep this contest organized, so follow the details below. You MUST comment to be included!
a Rafflecopter giveaway