December means holiday shopping, cold weather and the first signs of tax season. And to kick off the month, starting today, you can find TurboTax 2010 online, just click here, and in retail stores.
So what’s new in TurboTax 2010? Here are a few of the highlights:
Greater Ease and Accuracy
TurboTax 2010 has expanded the ability to automatically transfer essential tax information from your last year’s return and from hundreds of thousands of employers and financial institutions. Instead of typing in wage, interest, dividend, stock transactions, and mortgage information, you can instantly transfer that data and simply confirm it’s correct.
Eliminating more manual data entry, TurboTax is now able to transfer:
- Wage, salary, investment and mortgage information – the same data the IRS receives – from more than 250,000 employers and 300 financial institutions, banks and credit unions.
- Tax and personal information from last year’s tax return prepared on different software into your 2010 tax return via PDF.
- Interest income from financial institutions, banks and credit unions by connecting with your Mint.com accounts.
Customized Guidance and Recommendations
Based on all the information TurboTax is able to transfer and answers to a few simple questions, TurboTax will guide you step-by-step through a customized preparation process to help make sure you get every deduction and credit to which you are entitled. Whether it’s $1,757 for a college education, $3,000 for triplets or $2,351 for a new hybrid car, TurboTax is going to make sure you get every dollar you deserve.
This year, the unique GPS feature in TurboTax provides additional guidance and recommendations, based on your individual tax situation. For example, taxpayers may not know which of the 16 different education deductions and credits will get them to their maximum refund. But TurboTax does. By doing hundreds of calculations and recommending the best choice, TurboTax makes tax preparation even easier.
Better, Faster Answers
Have questions along the way? Streamlined and integrated help puts answers at your fingertips. With a single click, TurboTax quickly searches and brings together all the relevant answers from thousands of FAQs, articles and the TurboTax Live Community.
You can also speak with TurboTax customer support and a tax expert if you’d prefer.
We know getting your refund quickly is important, so this year TurboTax offers more ways for you to get your refunds as quickly as possible. For free, IRS electronic filing is the fastest, easiest way to get your federal refund, in as little as eight days with direct deposit. You can also choose to put your refund on the TurboTax Refund Card, a pre-paid debit card.