TurboTax Deluxe is consistantly getting top rating from the software reviewers and those who use it to file tax return. Intuit, the maker of TurboTax advertise this version with the caption "Maximizes deductions for the biggest tax refund".
This is version is best suited for those who itemize their tax return, as it comes with the deduction maximizer , a software component that will keep suggesting potential tax deductions. The deduction maximizer searches for over 350 tax deductions which you could have overlooked. The Its Deductible tool comes with the deluxe version and can be used to find accurate values for charitable donations. These tools enhance accuracy of your tax return and help maximize your tax refund. A clean, responsive AJAX interface makes navigation through TurboTax easy. Deductions are grouped by category into a central list, allowing you to jump in and out of each section in the order you choose without losing data. A small gripe is that you cannot jump between individual forms, only sections, so trying to go back to a form that falls near the end of a section can sometimes take an annoying number of clicks. A “maximize my deductions” button guides the user through a list of common deductions sorted by how applicable they are to the return.
The software also functions well as a tax tutor, linking each term to a central tax glossary, and affixing a “Guide Me” or “Explain This” button to any section that could conceivably be confusing. Some sections even feature a built-in video tutorial that will guide you through the interface click by click, or offer taped explanations of tax concepts. TurboTax sports an impressive array of features. Naturally, it supports the importation of financial data from Intuit’s bookkeeping software, Quicken . It will also import financial information from Microsoft Money and major 90 US banks, as well as import W2 data from several different payroll companies. A deduction tracker at the top of the screen tracks your savings or the size of your return in real time, and the software will even keep track of your deductions from year to year, suggesting new opportunities for which you may not have been eligible in the past. A side-by-side comparison of filing jointly versus separately from your spouse is not available, but performing an impromptu comparison using the deduction tracker is a one-click process.