This is a guest article by Courtney Lee. If you are interested in contributing to Debt RoundUp, please follow our guidelines.
Few people relish the thought of preparing and filing their tax return. In fact, as the end of tax season approaches, some people begin to panic, dreading the moment when they’ll inevitably have to sit down and make sense of the seemingly endless paperwork that needs to be done. If the idea of preparing your tax return fills you with dread, you may want to consider filing electronically using Intuit TurboTax 2012. Whether you choose to file your return online using your PC or laptop or opt to use TurboTax‘s apps for iOS and Android, this service takes the headache out of filing a return and helps you get the maximum return from the IRS. Let’s look a just a few ways in which TurboTax can make your life easier:
Every step of the way
If you’ve never filed your tax return electronically before, you might be a little hesitant. Fortunately, the tax professionals who helped design TurboTax know what a hassle filing a return can be, and have incorporated a number of features to make filing a return as quick and painless as possible because of it. One of the most important features of TurboTax is the “EasyGuide,” a helpful step-by-step system aimed at new users and people unfamiliar with electronic tax software.
The EasyGuide walks you through every step of your electronic tax return in an intuitive and user-friendly way. If you’ve never used TurboTax before, this is the option you should select after creating a user profile. In addition to providing you with simple, easy-to-follow instructions on how to complete your return, the EasyGuide also allows you to check the information you’ve entered in a helpful summary section. As you complete your return, you’ll see a quick visual summary of the data you’ve entered, making it easy to ensure you haven’t missed any key information or important deductions. As you go, the EasyGuide will help you make sense of the more complicated aspects of a return, including overseas income, savings and stock portfolios, and a range of other factors that can affect how much you can expect back from Uncle Sam.
Another way TurboTax helps you minimize the stress of filing a return is by saving your information. A lot of TurboTax users never look back after taking advantage of the service for the first time, and fortunately, the system retains information from previously filed returns, meaning if your circumstances haven’t changed much since last tax season, you don’t have to waste hours entering in the same information. This is really helpful if your return is a little more complicated.
In addition to offering you the chance to use previously filed documents in your latest return, TurboTax also allows you to make changes quickly and easily. If you finally got that promotion you deserved or moved to a bigger house, amending your old information is as easy as 1-2-3. Simply browse the summary of your 2011 return, find the relevant section, update your information and hit “save.” If you’re pressed for time, this feature can be a lifesaver.
One of the most frustrating things about filing a tax return is having to re-enter the same information at both the federal and state level. Fortunately, TurboTax makes this process a snap, as the system will automatically import relevant information from your federal return and apply it to your state return, if your state requires this. As a result, filing state taxes can literally take minutes, not hours – perfect if you’ve got something you’d rather be doing than poring over W-2s and 1099s.
If you’re ready to take control of your return using TurboTax, browse Newegg.com extensive range of the latest PCs, smartphones and tablets and take on your tax return with confidence.
Author Bio: Courtney Lee is a recent graduate from Cal Poly Pomona who, like many other newly graduates, will be filing her taxes for the first time using TurboTax.
Editor’s Note: I use and love some TurboTax. I have used it for years on my taxes. There are many people that are scared to use software like this, but TurboTax makes it very simple.