How Does TurboTax Work?

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Instead of trying to find an accountant to handle all of your taxes — and potentially paying a high fee for the privilege — you can use TurboTax to cheaply and efficiently file federal and state taxes. TurboTax is available both online and as a CD or downloadable product, making it accessible to virtually anyone. To get started, you'll answer basic questions about your income and life to determine which credits and deductions you may be eligible for. Once your taxes are complete and the returns have been accepted by the IRS, you just need to wait for your return or make a payment through the TurboTax site as needed.