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Home > Tax Calculators & Tips > All Tax Guides > Taxes 101 > Video: How TurboTax Helps You Find Tax Deductions and Credits

Video: How TurboTax Helps You Find Tax Deductions and Credits

Updated for Tax Year: 2012
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TurboTax helps you to find tax deductions that can reduce your taxable income and tax credits that can reduce the amount of taxes you owe.

 

Want to make sure you get your biggest refund and don't miss out on any deductions and credits? TurboTax can help.

Here’s how TurboTax Deluxe, Premier and Home & Business help you find deductions and credits:

First, we’ll ask you simple questions about your income, family, and changes in your tax situation. Then, based on your answers, TurboTax will search for more than 350 deductions and credits to save you time and money.

With TurboTax you choose how you want to find deductions. Our unique EasyGuide feature will walk you step-by-step through each deduction and credit you could qualify for.

From common deductions like school and medical expenses… home mortgage interest… and family and dependents... to not-so-common deductions…TurboTax will even remind you of those last minute extra tax deductions.

Plus, with our exclusive "ItsDeductible" tool built right in, we'll tell you the IRS-approved value of your charitable donations like clothing or toys. You'd be surprised how they add up.

With all the deductions you’ll find on TurboTax, you’ll get your maximum refund... guaranteed or your money back.

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Related Articles

  • What Are Tax Deductions?
  • What Are Tax Credits?
  • Video: What Are Tax Credits?
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The above article is intended to provide generalized financial information designed to educate a broad segment of the public; it does not give personalized tax, investment, legal or other business and professional advice. Before taking any action, you should always seek the assistance of a professional who knows your particular situation for advice on your taxes, your investments, the law or any other business and professional matters that affect you and/or your business.

 
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