Mastering the Art of Tax Filing: A Comprehensive Review of TurboTax Deluxe 2023
TurboTax Deluxe 2023 is a popular tax software developed by Intuit, the same company behind Mint and Quickbooks. It is designed to assist taxpayers in filing their taxes, whether they prefer a full-service expert handling their taxes or want to use the guided software to input information on their own. The software offers a free option, allowing you to file state and federal taxes without any charge if you’re filing a simple tax return, meaning one using only the IRS Form 1040 Source 0.
Features and Capabilities
TurboTax Deluxe 2023 is equipped with a variety of features that aid in tax filing. One of its notable features is ItsDeductible, which is integrated into both the Deluxe and Premium packages. This feature is helpful for quickly finding the deduction value of donated clothes, household items, and other objects. The software also supports platform mobility, allowing users to access and work on their return across devices, such as a computer via the website or a phone or tablet. Additionally, TurboTax Deluxe 2023 offers Spanish language support, enabling users to complete their taxes in Spanish if preferred Source 1.
The software is designed to guide users through the tax filing process with a series of Q&A-style and fill-in-the-blank questions. It can also import documents such as W-2 and 1099s automatically where possible, eliminating time-consuming manual entry. The questions are phrased simply, and tax jargon is kept at a minimum, making the process of filing taxes generally seamless Source 1.
Pricing and Packages
TurboTax Deluxe 2023 offers various pricing tiers. The Deluxe edition is suitable for those who want help finding all the possible tax credits. It assists users in searching more than 350 tax deductions and credits to find the ones that fit for them, including homeowner tax breaks, charitable donations, and mortgage and property tax deductions. If you have additional education expenses or tax credits for dependents, you might want to invest in Deluxe. This is also beneficial when it comes to 1099-MISC income — i.e., earnings of an independent contractor like a freelance writer or Uber driver Source 0.
The TurboTax Deluxe 2023 software costs $39 for federal returns and $39 for state returns. The software also offers a refund advance loan until February 15, providing up to $4,000 in refund advances after the IRS accepts your return, but your return must be above $500 Source 4.
User Experience
TurboTax Deluxe 2023 provides an excellent user experience. Its interface is designed like a chat with a tax preparer. If you’re a new user, you’ll be asked to confirm a series of tax situations to determine which of TurboTax’s packages will best suit your specific situation. If you’re a returning user, information from the previous tax year will be preloaded into the program, and you’ll be asked about life changes that occurred in the last year that might affect your tax picture Source 1.
However, one drawback of TurboTax Deluxe 2023 is that it will try to upsell you into working with a tax expert or upgrading to a higher tier. It’s akin to getting unwanted pop-ups on a website or mobile app. It’s annoying but relatively painless Source 4.
Conclusion
TurboTax Deluxe 2023 is a comprehensive tax software that provides a range of features and capabilities to assist users in filing their taxes. Despite being more expensive than other options, it is widely recognized for its design, user experience, and comprehensive coverage of tax topics. Whether you have a simple or complex tax situation, TurboTax Deluxe 2023 has a solution to help you navigate the tax filing process.