TurboTax Review 2024 | Is It Good? [MY HONEST TAKE]🚨

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TurboTax is a popular tax preparation software developed by Intuit. It is designed to help individuals and businesses prepare and file their taxes accurately and efficiently.

TurboTax works by guiding users through a series of questions about their financial situation, income, and expenses. Based on the user's responses, the software automatically fills in the appropriate tax forms and calculations, helping to maximize deductions and credits while ensuring accurate tax filing.

Some of the main features offered by TurboTax include:

👉 Simple Navigation: The software provides a user-friendly interface with step-by-step guidance to help users navigate through the tax preparation process.
👉 Importing Financial Data: Users can import their financial information directly from employers, financial institutions, and other sources, saving time and reducing data entry errors.
👉 Maximized Deductions and Credits: TurboTax helps users identify eligible deductions and credits to minimize their tax liability and maximize their potential refund.
👉 Error Checking: The software automatically reviews the tax return for errors and omissions, helping to ensure accuracy before filing.
👉 Live Expert Support: Users have the option to get help from tax experts and CPAs through on-demand support, offering additional peace of mind during the tax filing process.
👉 Filing Options: TurboTax offers various filing options, including e-filing for faster processing and the option to print and mail returns.

Overall, TurboTax is a comprehensive tax preparation software that streamlines the process of preparing and filing taxes for individuals and businesses, however it also comes with big drawbacks... Make sure you watch until the end to find out where TurboTax falls short.

⏰ Timestamps:
0:00 - Intro
1:29 - What is TurboTax?
1:57 - Who Is TurboTax Best For?
2:33 - Key TurboTax Features
4:24 - TurboTax Pricing
6:28 - TurboTax Pros
6:53 - TurboTax Cons
7:36 - TurboTax Final Thoughts

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Video host: Sean Lehman

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👉 DISCLAIMER: Sean Lehman, including but not limited to any guests appearing in his videos on behalf of The Modest Wallet, are not financial or investment advisors, brokers, or dealers. The content shared in this channel is not financial advice. All opinions, suggestions, tips, strategies, and recommendations shared are solely for entertainment purposes. For financial and investment advice please seek the counsel of a professional financial or investment advisor, and conduct your own due diligence.

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