Got Tax Questions? TurboTax Has Answers. For Free!

TurboTax Offers all Taxpayers Answers to Their Most Taxing Questions

SAN DIEGO – Nov. 4, 2010 – Taxpayers who want to plan for their 2010 returns can get a free answer to a personal tax question at www.freetaxquestion.com, starting today. The answers come courtesy of the tax experts at TurboTax®,  the nation’s best-selling, No.1-rated tax software from Intuit Inc. (Nasdaq: INTU).  The free service is available through Jan. 31.

TurboTax is moving up its annual free offer into November to help taxpayers get a jump on last-minute tax deductions or to better understand what they can do now in the face of pending tax legislation.

“The earlier availability of the free offer gives taxpayers extra time to take action.  Depending on their tax situation, it may make more sense for some people to accelerate their income, maybe take that bonus now or sell stocks before the end of the year, and defer deductions till next year, said Bob Meighan, CPA and vice president of TurboTax.  “We know people have burning tax questions this time of year and getting a quick, easy answer gives them the confidence they need when they sit down to do their own taxes. Answering a tax question for free is simply another way TurboTax helps make it easy for people to get their biggest refund possible.”

To participate, any U.S. taxpayer can submit a personal federal tax-related question online at www.freetaxquestion.com. They’ll receive a personalized, one-on-one, call back at a time they request from a tax expert from TurboTax. The TurboTax experts are IRS-Enrolled Agents, Certified Public Accountants and Tax Preparers with advanced education and experience in tax law and return preparation.  This is a limited time offer and subject to availability.

For all the latest tax tips and information, visit Tax Break, the TurboTax blog, follow us on Twitter or become a fan on FaceBook.

About Intuit Inc.

Intuit Inc. is a leading provider of business and financial management solutions for small and mid-sized businesses; financial institutions, including banks and credit unions; consumers and accounting professionals. Its flagship products and services, including QuickBooks®, Quicken® and TurboTax®, simplify small business management and payroll processing, personal finance, and tax preparation and filing. ProSeries® and Lacerte® are Intuit’s leading tax preparation offerings for professional accountants. Intuit Financial Services helps banks and credit unions grow by providing on-demand solutions and services that make it easier for consumers and businesses to manage their money.

Founded in 1983, Intuit had annual revenue of $3.5 billion in its fiscal year 2010. The company has approximately 7,700 employees with major offices in the United States, Canada, the United Kingdom, India and other locations. More information can be found at http://www.intuit.com.

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About TurboTax

TurboTax is the nation’s No. 1 rated, best-selling, do-it-yourself tax preparation software. Available on desktop, online and mobile, TurboTax helps more than 20 million people a year easily and accurately claim every deduction and credit they’re entitled to, so they get the biggest tax refund possible. For more information, visit the TurboTax press room.

About Intuit Inc.

Intuit Inc. is a leading provider of business and financial management solutions for small and mid-sized businesses; financial institutions, including banks and credit unions; consumers and accounting professionals. Its flagship products and services, including QuickBooks®, Quicken® and TurboTax®, simplify small business management and payroll processing, personal finance, and tax preparation and filing. ProSeries® and Lacerte® are Intuit’s leading tax preparation offerings for professional accountants. Intuit Financial Services helps banks and credit unions grow by providing on-demand solutions and services that make it easier for consumers and businesses to manage their money.

Founded in 1983, Intuit had annual revenue of $3.5 billion in its fiscal year 2010. The company has approximately 7,700 employees with major offices in the United States, Canada, the United Kingdom, India and other locations. More information can be found at http://www.intuit.com.

Comments (8) Leave your comment

  1. how long after i have completed my taxes will i have the paper work to simmute to irs.

  2. I efiled my 2010 taxes thru Turbotax and opted for a direct deduction from my account. It has not happened yet. Seems to be a glitch. what is the recourse? thanks

  3. My daughter was 17 yrs old in 2010. She worked two jobs totalling $1138.– with no federal taxes witheld. I did claim her as a dependant. Do I need to use her w-2 in my filings or is she exempt to file for that year.

  4. I was offered a settlement for my home equity line of credit. Last February I paid the company $5000 to settle the account and it is considered paid in full. Will I receive a 1098 from the company? Is the entire $5000 I paid towards the principal or is any that amount considered interest?

  5. if i own a business and purchase products to use in my business environment, over the internet from somewhere out of the state of Florida, do i need to pay use tax on it.

  6. I have used TurboTax for many years. I am converting to a new computer system. When I download TurboTax for 2010, how will the program access information from my 2009 return?

    Thanks,

    LKP

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