TurboTax products have been continuously ranked as the #1 best-selling tax software helping Americans keep more of their hard-earned money. Our software is always up-to-date with the latest tax laws and the most innovative technology.
If you financially support a child, a parent, a relative or even a friend, you may be able to claim them as a dependent on your taxes and take an exemption. Watch this TurboTax tax tip video to learn more.
There are many wonderful tax breaks for new parents that can help offset some of the expense of a new baby. Read more about those tax benefits and how you might qualify in this TurboTax Blog post.
For even more helpful information about how your new bundle of joy may affect your tax savings this year, watch this TurboTax Tax Tip Video: Tax Tips for a New Baby
Do you know the tax benefits of filing as a family?
Find out who you can claim as a dependent and which family-related tax deductions you may qualify for. Let TurboTax help you get the facts.
In the language of taxes, a personal representative is an individual responsible for making sure all of a deceased person’s bills are paid, including any taxes, and to distribute the person’s property to the family or other heirs. Learn more with this TurboTax tax tip article.
Chris Adams, customer since 2008, shares how easy it was to file his taxes with TurboTax after buying a house and welcoming a new addition to the family in the same year. No matter what the life stage, TurboTax makes it easy for customers to file their taxes - no expertise required.
So, you loaned money to a relative and they didn’t pay you back. Now what? Good news! You might get a tax break for bad loans made to family. Learn more with this tax tips article from TurboTax: “Good Deeds Gone Bad.”
No one ever said raising kids would be a cost-effective undertaking. But, here are 8 money-saving tax tips for parents from TurboTax that can, at least, help maximize your tax refund.
Most of us know you can claim a personal exemption for your children on your tax returns, but many people forget that they might be able to claim exemptions for elderly parents or other relatives that qualify as dependents as well. Learn more in our tax tip article – Who’s My Dependent and Will They Save Me Money at Tax-Time?
Laying the groundwork for a tax refund requires a little research and some forethought. Here is how to start tax planning and some ways to increase your tax fund that you never thought about.