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Tax Planning

I Was Temporarily Furloughed and Then Came Back to Work, What Does That Mean for My Taxes?

February 10, 2021 / Ginita Wall, CPA, CFP®
I Was Temporarily Furloughed and Then Came Back to Work, What Does That Mean for My Taxes?When COVID-19 struck, millions of people unfortunately lost their jobs. Some were laid off, and others were furloughed. Many are still facing unemployment, lay offs, or furloughs. You may be wondering, what’s the difference between being laid off or furloughed?...

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TurboTax News

TurboTax Offers Free Tax Filing for Military Active Duty and Reserve

February 9, 2021 / TurboTaxBlogTeam
TurboTax Offers Free Tax Filing for Military Active Duty and ReserveThrough our Intuit Military and Veteran Initiative, we are committed to creating job opportunities and fueling financial empowerment for military families and veterans through programs woven within the fabric of our company. As a part of this commitment, we at...

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Tax Planning

Does My Stimulus Check Affect My Taxes?

February 4, 2021 (Last Modified: February 8, 2021) / TurboTaxKat
Does My Stimulus Check Affect My Taxes?Eligibility and amounts of the first round of stimulus payments under the CARES Act and the second round of stimulus under the Coronavirus Response and Relief Supplemental Appropriations Act were determined by the IRS and used information from your previous...

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TurboTax News

TurboTax Launches #TurboTaxLiveLifts Sweepstakes

February 4, 2021 (Last Modified: February 8, 2021) / TurboTaxBlogTeam
TurboTax Launches #TurboTaxLiveLifts SweepstakesWe know 2020 wasn’t easy — the last year has been hard on many people, emotionally and financially. Just as our TurboTax Live experts seek to give people like you little lifts all the time by listening with empathy and...

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TurboTax News

TurboTax is Coming “Straight To You” for Super Bowl LV

February 2, 2021 (Last Modified: February 4, 2021) / TurboTaxBlogTeam
TurboTax is Coming “Straight To You” for Super Bowl LVWe couldn’t be more excited for our Super Bowl LV commercial on February 7!  In the campaign we launched in January, our experts roll across America, providing people from all over the country with expert knowledge on all things taxes...

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Tax Planning

TurboTax Offers Refund Advance to Taxpayers

January 29, 2021 / TurboTaxBlogTeam
TurboTax Offers Refund Advance to TaxpayersClose to 80 percent of taxpayers receive a tax refund each year, and last tax season the average tax refund was about $3,267. For many, their refund could be the biggest lump sum of money they receive all year and...

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Tax Tips

Ways to File your Taxes with TurboTax For Free

January 25, 2021 (Last Modified: March 1, 2021) / TurboTaxBlogTeam
Ways to File your Taxes with TurboTax For FreeWhat could be better than paying $0 to do your taxes? Over the last six years Americans filed approximately 70 million tax returns completely free of charge using TurboTax, more than all other tax prep software companies combined. Last tax...

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TurboTax News

TurboTax Launches #LittleLifts Sweepstakes

January 25, 2021 (Last Modified: January 28, 2021) / TurboTaxBlogTeam
TurboTax Launches #LittleLifts SweepstakesWe know the last year has been hard on many people, emotionally and financially. If you were lucky enough to have someone who supported you and was there to help you get through it, we want to give you a...

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TurboTax News

TurboTax is Open and Accepting Tax Returns Now!

January 12, 2021 (Last Modified: February 9, 2021) / TurboTaxLisa
TurboTax is Open and Accepting Tax Returns Now!It’s that time of the year again – tax time! There is no denying that feeling when you see the size of your tax refund (which was close to $3,000 on average last year). To help you get ready for...

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Self-Employed

Self-Employed? Quarterly Tax Date Deadlines for Estimated Taxes

January 12, 2021 (Last Modified: February 26, 2021) / TurboTaxLisa
Self-Employed? Quarterly Tax Date Deadlines for Estimated TaxesIf you’ve taken the plunge into self-employment, congrats on being your own boss! Whether you’re working as a contractor or making money in the fast-growing sharing economy, don’t forget you may need to pay quarterly estimated taxes. The next quarterly...

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