Doing taxes for rental properties and investments can be very time consuming. Plus, there’s always the fear that you might not be doing these tasks right, so working with a dedicated tax professional will be very important here.
What makes Turbotax Premier 2016 good for investment and rental taxes?
While most of the other Turbotax versions are created with general taxes in mind, Turbotax Premier 2016 is mostly focused on keeping your investment safe by doing your taxes the right way and at the right now. With this app you can get the ability to automatically import the investment info from many financial institutions. You also get to calculate the capital loss or gains and Turbotax Premier 2016 can even provide you with a report of bonds, stocks and mutual funds.
When you use this tool you will have no problem finding the cost basis, which in turn will allow you to see the cost basis for the stock sales. But Turbotax Premier 2016 does a lot more than that. It also help you set up new rentals as you determine the best market rent value. It enables you to refinance any deductions and it can bring in front some very good results due to that. Just like all the other Turbotax versions, premier also enables you to connect with the experts very fast in order to receive answers to all of your questions. It’s an incredible way to enjoy your time and the outcome can be very well worth it here.
Moreover, with this all you get to error check all your tax returns and you don’t even need any previous tax knowledge. This tool helps you do your taxes anywhere you want and it will also guide you in a step-by-step manner when you want to do taxes. Aside from that, you have the ability to see the risk of an audit, you can get each tax credit and deduction, you can import the 1099 and W-2 info and you can even receive employee stock plan support.
If you use the Turbotax Premier 2016, you have the ability to fully maximize the IRA savings and you can even get a head start so you can do your taxes fast and easy. Plus, you get to do your taxes anywhere you want, as the app is accessible online. You can ask for a CD/DVD if you want.
Yes, this is the number 1 tool for those that want to do their taxes properly! It features calculations that are 100% accurate and it even double checks the tax returns. If you want to find tax deductions and file taxes on the sport with minimal effort, Turbotax Premier 2016 is the right tool for you. It’s an amazing tool, and the fact that you can use it online just makes the entire experience a lot better and more refined. You should consider giving it a try if you want a high standard, quality tool for taxes!