TurboTax Free and Premier put back to back. View the best deals on TurboTax tax software titles.
If you are considering TurboTax tax software from Intuit there is a good chance that you are confused by the many editions that are available. Two of the most popular options are TurboTax Online Federal Free Edition and TurboTax Online Premier with eFile. Despite the fact that both programs come from the same company with the same interface, they are different in a number of ways.
TurboTax Online Federal Free Edition is the right choice for the simplest of tax returns. Those with one W-2 who lack complicated details, such as investments and credits, can get away with using the free edition. Since you don’t have to part with a dime, most people first consider this option before looking into others.
As you compare TurboTax Online Federal Free Edition to TurboTax Online Premier with eFile it will become clear that there are many differences. Above all else, TurboTax Premier is geared towards those who need a more powerful software solution. Along with all the features of Basic and Deluxe, this option also has everything you need for investments and rental properties. Investors will not get any use out of the Free edition. Instead, paying the $74.95 for the Premier edition is the way to go.
In short, TurboTax Online Federal Free Edition and TurboTax Online Premier are only similar in the interface and some of the most basic features.
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