TurboTax is a filing platform for students, business owners, and self-employed individuals. It is a bit pricey when compared with its competitors. However, the services they offer are worth every cost. When you become a part of this platform, you will experience all the help you need to calculate and file your taxes. TurboTax has a user-friendly interface, great customer service, and intuitive forms.
They offer users 4 ways they can begin to file their taxes. Students who are part of TurboTax can also take advantage of their free options. The free option they offer is for simple tax situations. When using this option, you can always upgrade your plan if you feel like you need help from an expert and also if you can afford the package. The best thing about TurboTax is that it is available across many platforms. You can access it. TurboTax is an expensive way of filing taxes online. This post will guide students on how they can get TurboTax.
How to get TurboTax for students
When you register with TurboTax, it makes it easier to file your tax anywhere and anytime. It is a safe and convenient way to do what needs to be done. They have a TurboTax for students on their website. So, students that want to get TurboTax can do that easily. First, navigate to their Official website. Once you are on the website, click on the “Start For Free” button on the page. Now, you will have to proceed to create an account with them.
The next page will ask you to choose various options on why you need TurboTax. Go through the list and choose. Then scroll down and you will get the best pricing recommendation to suit your needs. TurboTax does not offer any special discount for students at the moment. However, you can start and only pay when you file. Select the available pricing for you and proceed. Give the right answer to the questions that follow to get the best services. Now, you will have to continue to create a TurboTax account. You will have to input your email, ID, password, and phone number. Once you have done that, you can log into your account and continue using the platform as you deem fit.
Students can also get TurboTax on their mobile phones. To do that, go to the Google Store or Apple Store on your Android/ IOS devices. Type in TurboTax in your search box and then install it on your device. When you become a part of TurboTax, you will be able to file for your taxes anytime and anywhere.
Pricing of TurboTax
TurboTax has four various packages for every user. They have the self-employed (personal and business income & expenses) at $120. The premier (investment and rental property) is $90. The Deluxe (maximizing tax deductions and credits) is available at $60. The free edition of TurboTax is recommended for students since it is totally free. It is only available for simple tax returns and it is free for filing, fed, and state. However, with the free plan of TurboTax, you will be unable to claim any student credits or deductions. If you want a plan for that, then Deluxe is the best choice. It is the most popular and has everything in the basic package and more. It will allow you to claim your student deductions and credits. You will have to pay before filling in the other packages.
What students can get from the TurboTax free version
TurboTax free offers basic services to users. When you register for this plan, you will only be able to file for a 1040 but you would be unable to schedule or itemize 1, 2, or 3 of 1040. This plan is only suitable for people who will not claim any credit or deduction except for the standard ones. Students that want to use TurboTax can opt for this plan if their tax issues are basic. This plan covers unemployment income, retirement distributions, dividends, child tax credit, earned income tax credit, W-2 income, and limited 1099 interest & dividends. This package might not be suitable for those that want to claim student deductions or credits.
Conclusion
TurboTax for students: If you have simple taxes as a student, then you can use the TurboTax platform for free. However, if you are working as a student, then your taxes are no longer simple. You will need to opt for any of their packages. You can opt for the Self-employed or the deluxe package. TurboTax has plans that are tailored to meet every need.
