, the turbo Tax 100% Accuracy Calculation Guarantee covers any calculation errors caused by the Turbo, and tax software. The guarantee will cover any penalties and interest paid but not any taxes that would have been owed. The guarantee does not cover user entry errors or user errors of omission.
This begs the inquiry “Does TurboTax offer a money-back guarantee on my purchase?”
Please be aware that you only qualify for our unconditional 60-day money-back guarantee if you purchase a Turbo. Tax CD/Download or a Turbo. Tax Live with State product through a retailer or one of our authorized resellers. Thank you for choosing Turbo. Tax, the #1-rated, best-selling tax software.
, our turbo Tax Audit Support Guarantee gives you free audit guidance from a trained tax professional to help you understand your IRS notice and answer all your audit-related questions. As of January 1, 2021, our Guarantee covers 2018, 2019, and 2020 federal and state returns prepared in:.
For complete details, see our Intuit Software End User License Agreement (look about 2/3 of the way down the page, under the heading Turbo. Tax Accurate Calculation Guarantee ). You can read the fine print at the Intuit Software End User License Agreement for Turbo. Tax Desktop Software or the End User License Agreement for Turbo, and tax online.
Another popular inquiry is “What is the refund policy for TurboTax?”.
One answer is, Thank you for choosing Turbo. Tax, the #1-rated, best-selling tax software. Our Satisfaction Guaranteed (or Guaranteed Easy) policy says that if you’re not satisfied with your Turbo. Tax product, you can return it within 60 days of purchase for a full refund.
Does turbotax keep previous years?
If you use the online version of the program, the answer is yes. If you use the desktop version of the program that you installed on your computer, then no.
Get your 2019 past taxes done right., turbo Tax CD/Download software is the easy choice for preparing and filing prior-year tax returns online. Simply select the year that you need to complete your taxes and we’ll show you which version you need to file a previous years tax return.
Where can I find my previous years’tax return?
If you used Turbo. Tax Fee Edition, you will need to purchase PLUS to access prior years’ tax return., note: turbo Tax doesn’t store returns filed using the CD/Download software. Those are stored locally on your computer. Find your return on Windows or Mac .
What is the lifetime learning credit turbotax?
The Lifetime Learning Tax Credit is one of many provisions in the U. Tax code that provides benefits to low- and middle-income taxpayers. As a credit, the LLTC is more beneficial than a simple deduction. Tax credits like the LLTC provide a dollar-for-dollar reduction of your taxes owed, rather than the reduction in your taxable income that is offered by a deduction.
The rules for the Lifetime Learning credit are unchanged from prior years. As before, the credit is 20% of up to $10,000 of qualified education expenses. So the maximum credit is $2,000 before any phase-outs.
You cannot claim the American Opportunity credit in the same year you claim the Lifetime Learning credit. The IRS only allows one tax reduction per student, per year. However, before claiming the Lifetime Learning credit, you should determine whether you qualify to take the American Opportunity credit.
The maximum credit you can claim per year is $2,000, based on $10,000 in qualifying expenses. Like many tax credits and deductions, the Lifetime Learning credit phases out for higher-income taxpayers. As of 2021, the LLTC phases out between $80,000 and $90,000 of modified adjusted gross income for single taxpayers.
How do I get a copy of my TurboTax online return?
If you used Turbo. Tax Online Deluxe, Premier or Home & Business to prepare the tax return you’re seeking a copy of, just log into your account at Turbo, and tax., and com. On the Welcome Back screen, click the View your returns from prior years link, located below the Continue button.
So, how long can I download my TurboTax software?
, turbo Tax, then you would still be able to download your software for up to three years past the year of the software, by signing into My, turbo, and tax., and com. Save all *.tax20YY files and it would be a good idea to make pdf copies of your past returns just in case you need them to amend or IRS inquiry or audit.
How many years can you claim the LLC tax credit?
There is no limit on the number of years you can claim the credit. It is worth up to $2,000 per tax return. Who can claim the LLC? To claim the LLC, you must meet all three of the following: You, your dependent or a third party pay qualified education expenses for higher education.