TurboTax is a tax calculating software which is used by both businesses and consumers. In compliance with federal law, TurboTax offers a free service through their website during tax season. It is one of the most popular income tax software preparation programs in the United States.
TurboTax offers different versions, including the Free Edition, Deluxe Edition, Premier Edition, Home & Business Edition and Business Edition. It is available for both state and federal tax returns, guiding users through step by step.