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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 News

What Does the Second Coronavirus Relief Bill Mean for the Unemployed?

December 30, 2020 (Last Modified: January 5, 2021) / TurboTaxKat
What Does the Second Coronavirus Relief Bill Mean for the Unemployed?As of November 2020, the U.S. Bureau of Labor Statistics, reported that many Americans – roughly 10.7 million that is – were unemployed. This means millions of Americans were set to lose unemployment benefits if the second coronavirus relief package...

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Tax Deductions and Credits

What is a Recovery Rebate Tax Credit?

December 29, 2020 (Last Modified: February 4, 2021) / TurboTaxKat
What is a Recovery Rebate Tax Credit?With all the information covering the stimulus checks and payments you may have heard the phrase Recovery Rebate Credit thrown around and are wondering, “what is the Recovery Rebate Credit?” or “Do I qualify for the Recovery Rebate Credit?”  Don’t...

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Taxes 101

Charity Tax Deductions (What Counts as a Contribution?)

December 1, 2020 (Last Modified: February 4, 2021) / TurboTax Blog Team
Charity Tax Deductions (What Counts as a Contribution?)

Some believe that you can deduct contributions to any organization you want. Others insist that you can deduct the value of time spent volunteering. In fact, both of these ideas are wrong. Here’s the a quick guide to charitable deductions.

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Tax News

Tax Tips for Unemployment Income If You’ve Been Laid Off or Furloughed

September 11, 2020 (Last Modified: December 27, 2020) / TurboTaxLisa
Tax Tips for Unemployment Income If You’ve Been Laid Off or FurloughedThis content is for the first coronavirus relief package, The Coronavirus Aid, Relief and Economic Security Act (The CARES Act), which was signed into law in March 2020. For information on the Coronavirus Response and Relief Supplemental Appropriations Act of...

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Tax News

What Coronavirus Relief Means for College Students and Grads

May 1, 2020 (Last Modified: December 27, 2020) / Jim Wang
What Coronavirus Relief Means for College Students and GradsThis content is for the first coronavirus relief package, The Coronavirus Aid, Relief and Economic Security Act (The CARES Act), which was signed into law in March 2020. For information on the Coronavirus Response and Relief Supplemental Appropriations Act of...

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TurboTax News

TurboTax Live Offers CPAs to Answer Your Tax Questions and File Your Taxes

January 13, 2020 (Last Modified: June 8, 2020) / TurboTaxBlogTeam
TurboTax Live Offers CPAs to Answer Your Tax Questions and File Your TaxesYou may be wondering about how your taxes are going to look, what to expect if you had a life change or started investing or became self-employed. Whatever your questions may be, we have great news for you – TurboTax...

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TurboTax News

Introducing a Completely Redesigned TurboTax Premier Tailored for Investors

December 5, 2019 (Last Modified: December 9, 2019) / TurboTaxBlogTeam
Introducing a Completely Redesigned TurboTax Premier Tailored for InvestorsOver the past five years, the profile of the taxpayer with “investments” has changed. With the rise of investing apps and cryptocurrency, investors are younger and playing a more prominent role in their personal investment choices. Today, there are nearly...

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TurboTax News

Had a Life Change? TurboTax CPAs and EAs Will be by Your Side with Our New Offering TurboTax Live

April 10, 2019 (Last Modified: July 12, 2019) / TurboTaxLisa
Had a Life Change? TurboTax CPAs and EAs Will be by Your Side with Our New Offering TurboTax LiveDid you get married this year? Purchase your dream home? Have a baby? Or have another life change? Changes experienced in your life can bring about many questions and uncertainties. Although you may have questions about how these affect your...

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Tax Tips

Divorce & Taxes 101: Filing Taxes After a Divorce

March 22, 2019 (Last Modified: November 17, 2020) / Ginita Wall, CPA, CFP®
Divorce & Taxes 101: Filing Taxes After a Divorce

Divorce may not be as inevitable as taxes, but it certainly brings complications to tax filing. Follow these ten tips, and the process should go smoothly in the future. Once your divorce questions are answered, TurboTax can handle your tax return.

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