TurboTax Deluxe Review - why 4.5 stars?

Shlomi Lavi / updated: Apr 06, 2022

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What is TurboTax Deluxe?

TurboTax Deluxe is a tax software that can help users to file their personal income taxes in an easy way and help them get maximum tax refund. The software is popular for its 100% guaranteed accurate calculations and guaranteed maximum tax refund features. Users can get their taxes done online, in their PC or using their tablet and mobile with this software.

Intuit, the company behind TurboTax, was founded back in 1983. The company is currently known as one of the most admired software company in America and is also known for their product QuickBooks and Quicken. They are headquartered in Mountain View, CA and provide services for customers in Asia, Europe, North America and Australia.

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Who is it best for?

TurboTax Deluxe is perfect for individuals who are looking for an easy way to file their personal income taxes and to maximize their tax deductions. TurboTax also offers different versions for small business owner, investment and rental property and sole proprietors. You can visit their website to check reviews given by thousands of individuals.

Main features and functionalities

TurboTax Deluxe comes with step-by-step guidance, free efile, support for transferring last year’s TurboTax return, live phone support with expert answers and real-time tax refund viewing features. You don’t need to know much about taxes and all you have to do is gather your tax documents including W-2s. The software can provide personalized taxing by asking you questions and searching for tax break that applies to you. Users can also get one-on-one answers to their questions from the customer support agents using live chat or phone support.

The software is always up-to-date with the latest IRS and state tax forms so you don’t have to worry much about tax laws when using TurboTax. All your income tax progresses are saved automatically while you do your taxes with TurboTax so you can take a break whenever you want. The software doesn’t require any credit card so you can pay from your federal tax refund directly if you want. The software searches over 350 tax deductions to ensure maximum refund. All the files are checked completely for errors to ensure that you file accurate tax return and don’t trigger an audit.

What is the actual cost?

The cost of license starts at $249 per license. ITQlick pricing score is 3.2 out of 10 (10 is most expensive). Access ITQlick pricing guide for TurboTax Deluxe. You can also find here pricing information from TurboTax Deluxe's website.

Pros

• TurboTax Deluxe’s user interface is very intuitive and user friendly comparing to other similar tools
• TurboTax Deluxe offers a free tax calculating app for iOS 7 users to help users get a quick estimate of their old tax refund
• The customer support of TurboTax Deluxe offers live chat and phone support
• The online tax software offers guaranteed maximum refund and 100% accurate calculations
• The online tax solution comes with an audit risk meter to identify sections of taxes that have the possibility of triggering an audit

Cons

• TurboTax Deluxe’s pricing plans are slightly expensive comparing to other similar tools
• TurboTax Deluxe doesn’t offer maintain retail locations like other online tax software providers
• The support system of TurboTax Deluxe is weak comparing to other similar tools and needs improvement
• The online tax software doesn’t offer any tool for importing data from other tax software
• The online tax solution doesn’t offer automatic calculation of cost basis feature

How it stacks up?

Access a head to head analysis of TurboTax Deluxe vs alternative software solutions.

Frequently Asked Questions (FAQs)