Filing taxes can be a confusing and daunting task. Fortunately, services like TurboTax have made the process simpler for many. TurboTax is one of the most popular tax preparation software, and millions of people use it to file their taxes each year. If you’re considering using TurboTax and are wondering about the cost associated with e-filing state returns, this article will provide you with all the information you need.
Please note that the prices mentioned here are based on the information available as of September 2021 and are subject to change. Always check the TurboTax website for the most up-to-date pricing information.
Overview of TurboTax:
TurboTax offers several different products, including options for individuals, self-employed individuals, and small business owners. Their services range from a basic free edition for simple tax returns to more advanced editions which cater to complex tax situations.
E-filing State Returns:
When it comes to e-filing state returns, TurboTax has various pricing models. Below is the breakdown of the costs associated with e-filing state returns using TurboTax as of September 2021.
1. TurboTax Free Edition:
If you’re eligible to use the TurboTax Free Edition (usually for simple tax situations), you can file your federal return for free. However, e-filing a state return will typically cost $29.99 per state.
2. TurboTax Deluxe, Premier, and Self-Employed:
For those using TurboTax Deluxe, Premier, or Self-Employed Editions, the cost of e-filing a state return is also generally $29.99 per state. However, sometimes TurboTax offers promotions or discounts, so it’s worth checking their website for any current deals.
3. TurboTax Live:
TurboTax Live offers on-demand help from tax experts. This service has its own set of pricing, and as of September 2021, e-filing a state return using TurboTax Live typically costs $49.99 per state.
4. CD/Download Products:
If you are using a CD or downloaded version of TurboTax, the cost to e-file a state return may vary. As of September 2021, one state return is usually included for free with the CD/download of TurboTax Deluxe, Premier, or Home & Business. Additional state returns will typically cost $44.99 each.
- Be aware of the filing deadline, as prices may increase as the tax deadline approaches.
- If you are filing returns in more than one state, you will need to pay for each state you file in.
While TurboTax can be a very convenient and user-friendly option for filing taxes, it is essential to understand the costs associated with using their service, especially for e-filing state returns. Prices are subject to change, and it is always a good idea to check the TurboTax website or contact their customer service for the most current pricing information.