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How to Download 2020 TurboTax and Save Money on Your Tax Return


How to Download 2020 TurboTax and File Your Taxes Easily




Tax season is here and you may be wondering how to file your taxes without hassle. If you are looking for a reliable, easy, and accurate way to prepare and file your taxes, you may want to consider using TurboTax. In this article, we will show you how to download 2020 TurboTax from the official site and how to use it to file your taxes online or offline.




download 2020 turbotax



What is TurboTax and Why Use It?




TurboTax is the #1 best-selling tax software in the US, trusted by millions of taxpayers every year. TurboTax helps you find every deduction and credit you deserve, so you can get your maximum refund guaranteed. TurboTax also offers different products and services to suit your needs, whether you have a simple or complex tax situation, whether you want to do it yourself or get expert help, and whether you want to file online or offline.


TurboTax is the #1 best-selling tax software in the US




According to Intuit, the maker of TurboTax, 38 million people trusted TurboTax to get their taxes done right last year. TurboTax has been rated 4.5 out of 5 stars by its customers, who appreciate its ease of use, accuracy, and security. TurboTax also has a Tax Return Lifetime Guarantee, which means that it backs your taxes for the full 7-year life of your tax return, guaranteed.


TurboTax helps you find every deduction and credit you deserve




TurboTax has a feature called Deduction Finder, which searches over 350 deductions and credits to find the ones that apply to you. TurboTax also has a feature called ItsDeductible, which helps you track and value your charitable donations throughout the year. TurboTax also has a feature called Audit Risk Meter, which helps you reduce your chance of an audit by checking your return for common audit triggers.


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TurboTax offers different products and services to suit your needs




TurboTax has a variety of products and services that cater to different types of taxpayers. For example, if you have a simple tax return, you can file for free with TurboTax Free Edition or TurboTax Live Basic Full Service. If you have more complex tax situations, such as investments, rental properties, self-employment, or crypto income, you can choose from TurboTax Deluxe, Premier, Self-Employed, Premium, or Live Premium Full Service. If you want a tax expert to do your taxes for you from start to finish, you can choose from TurboTax Live Full Service Basic, Deluxe, Premier, Self-Employed, Premium, Business Taxes, or Assisted Business Taxes.


How to Choose the Right TurboTax Product for You




With so many options available, how do you know which TurboTax product is right for you? The easiest way is to use the Compare Products tool on the official site. You can select all that apply to your tax situation and see the prices and features of each product. Here are some examples of the different products you can choose from based on your tax situation:


Compare TurboTax Online Products




Product


Price


Features


TurboTax Free Edition


$0 federal, $0 state, $0 to file


- File a simple tax return (1040) with no schedules- Get your refund fast with direct deposit- Access prior year returns online- Get free support from TurboTax experts


TurboTax Deluxe


$60 federal, $50 state, $0 to file


- All the features of Free Edition, plus:- Maximize your deductions and credits- Deduct mortgage interest and property taxes- Report donations and medical expenses- Import your W-2, 1099, and bank statements- Get personalized tax tips and insights


TurboTax Premier


$90 federal, $50 state, $0 to file


- All the features of Deluxe, plus:- Report income from stocks, bonds, and mutual funds- Report income from rental properties and royalties- Report income from cryptocurrency transactions- Report foreign bank accounts and assets- Get guidance on rental property depreciation and expenses


TurboTax Self-Employed


$120 federal, $50 state, $0 to file


- All the features of Premier, plus:- Report income and expenses from self-employment or freelancing- Deduct home office, vehicle, and other business expenses- Track your mileage and receipts with QuickBooks Self-Employed (included)- Get industry-specific deductions for your line of work- Get a free year of QuickBooks Self-Employed (a $90 value)


TurboTax Premium$170 federal, $50 state, $0 to file- All the features of Self-Employed, plus:- Get priority access to TurboTax experts via phone or chat- Get a full review of your return by a TurboTax expert before you file- Get unlimited help with your tax questions year-round- Get identity theft monitoring and restoration services with IDnotify (included)


Compare TurboTax CD/Download ProductsIf you prefer to install TurboTax on your computer instead of using it online, you can choose from the following CD/Download products:ProductPriceFeaturesTurboTax Basic CD/Download$40 federal, $45 state, $0 to file- File a simple tax return (1040) with no schedules- Get your refund fast with direct deposit- Access prior year returns on your computer- Get free support from TurboTax experts via phone or chatTurboTax Deluxe CD/Download$60 federal, $55 state, $0 to file- All the features of Basic CD/Download, plus:- Maximize your deductions and credits- Deduct mortgage interest and property taxes- Report donations and medical expenses- Import your W-2, 1099, and bank statements- Get personalized tax tips and insightsTurboTax Premier CD/Download$90 federal, $55 state, $0 to file- All the features of Deluxe CD/Download, plus:- Report income from stocks, bonds, and mutual funds- Report income from rental properties and royalties- Report income from cryptocurrency transactions- Report foreign bank accounts and assets- Get guidance on rental property depreciation and expensesTurboTax Home & Business CD/Download$100 federal, $55 state, $0 to fileAll the features of Premier CD/Download, plus:Report income and expenses from self-employment or freelancingDeduct home office, vehicle, and other business expensesGet industry-specific deductions for your line of work >


Compare TurboTax Live Products




If you want to get unlimited help and advice from a tax expert while you do your taxes, you can choose from the following TurboTax Live products:



Product


Price


Features


TurboTax Live Basic Full Service


$130 federal, $50 state, $0 to file


- File a simple tax return (1040) with no schedules- Get your refund fast


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