Filing your taxes can be complicated and even costly, but it certainly doesn’t have to be. With Tax Day coming up on Monday, April 18, now’s the time to file your taxes and take a closer look at your finances. If you’re not sure where to start, we found an incredible deal that can help maximize your deductions and take the stress out of electronic filing.

• I had already planned to use TurboTax, but now I can do so without any additional cost.
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• It’s everyone’s favorite January news — tax season is nearly here, and if you want to get a jump on filing, TurboTax is offering up to 10% off right now on all of its tax preparation packages.
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I hope we were able to steer you towards the best edition of TurboTax Canada for your specific needs and save you money in the process. TurboTax calculations are 100% accurate so your taxes will be done right, guaranteed, or we’ll pay you any IRS penalties. We offer free one-on-one audit guidance year-round from our experienced and knowledgeable tax staff. We’ll let you know what to expect and how to prepare in the unlikely event you receive an audit letter from the IRS. CompleteCheck™ scans your return from beginning to end, so you can be confident it’s 100% accurate before you file.. The quickest way to get into your account is to try our self-serve account recovery process.

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That means you can save whether you use the software to do your own taxes, or you choose the live assistance option, or the full service option, where a tax expert will take care of your return for you. Form 1099-K reports the total amount your passengers paid for the rides you provided. This includes all the money you collected from passengers, including the Uber commission and other fees.

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You’ll report the income you earn as a rideshare driver on Schedule C, Profit or Loss from Business, which you’ll file along with Form 1040. It should be noted that Uber does not give tax filing advice, and that TurboTax is the source of any tips ultimately provided to participants. TurboTax can also provide assistance in how to make the most of available operational expense deductions for Uber drivers. Qualifying drivers may be able to secure the Self-Employed version of its software for free.

Get the TurboTax Deluxe 2021 Tax Software PC Download Card for $49.99 (Save $ .

Take the guesswork out of tax season by snagging this impressive TurboTax turbotax discount 2021 deal today—just be sure to act fast, the federal tax-filing cutoff date is quickly approaching. If your account is eligible, you will receive the Fidelity’s free TurboTax offer notification in your account settings sometime between late-December and mid-January 2025. Check the minimum system requirements to make sure your computer is compatible. Your license code and optional product registration will be stored in your Intuit Account. To sign in or create an Intuit Account, you need ‌an internet connection.

If you need to file both federal and state tax returns, the TurboTax Deluxe PC download card could be a great option. This download card lets you import W-2s, investment details and mortgage information and allows you to make five electronic filings of federal tax returns and one electronic state tax return filing. TurboTax says the card includes information on more than 350 deductions and credits and is recommended for homeowners who have made charitable donations or who have high medical expenses. Usually ringing up at $59.99, you can scoop the software for just $49.99 today thanks to a $10 price cut. Their support allows us to spend time researching and building articles around rideshare expenses, taxes,how to deduct your miles, and monitoring the hidden costs of driving. I’ve also personally used TurboTax since I was 18, Harry uses Quickbooks to run his books and it’s a product that we both stand behind.

Our tax experts help you minimize your tax bill if you need to file as a general partnership, limited partnership, or domestic LLC (Form 1065). Our goal is to deliver the most accurate information and the most knowledgeable advice possible in order to help you make smarter buying decisions on tech gear and a wide array of products and services. Our editors thoroughly review and fact-check every article to ensure that our content meets the highest standards. If we have made an error or published misleading information, we will correct or clarify the article. If you see inaccuracies in our content, please report the mistake via this form. TurboTax software for the current tax year is also available in select retail stores and online retailers from November through April, oftentimes at discounted prices determined by the retailer.

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It includes a breakdown of the number of rides you’ve given, your gross earnings from rides, non-ride earnings , tolls, and mileage info. Get matched with a dedicated business tax expert who’ll do everything for you—start to finish. We have you covered if you aren’t ready to file your business’s tax return by the March 17th deadline.

• When you subtract your business expenses from your income, you will enter the difference—known as the business income or loss—on line 3 of Schedule 1 for Form 1040.
• For financials that are a bit more complex, you may want to opt for the TurboTax Premier PC download card, down from $89.99 to just $69.99 thanks to a 22% markdown.
• If the TurboTax Premier offer is not available in your account summary, you are most likely not eligible.
• Drivers who earned at least $600 from non-driving activities in the past year.

We gather data from the best available sources, including vendor and retailer listings as well as other relevant and independent reviews sites. And we pore over customer reviews to find out what matters to real people who already own and use the products and services we’re assessing. Various promotions and limited-time offers from us and our affiliate partners will deviate from our direct-from-Intuit pricing. Follow Reviewed on Facebook, Twitter, Instagram, TikTok or Flipboard for the latest deals, product reviews and more. It’s important to note, that customers with smaller accounts have reported receiving the offer, while others with larger accounts (in excess of $1M+) have not received the offer. On the summary page for my portfolio investments, I scrolled down to the bottom and discovered a link for TurboTax that stated I could do my taxes at no cost!

Indeed, we follow strict guidelines that ensure our editorial content is never influenced by advertisers. In tax year 2020, the IRS reintroduced Form 1099-NEC for reporting independent contractor income, otherwise known as nonemployee compensation. This article covers the 1099-MISC instructions to help you navigate this updated form. Intuit’s bread and butter is making complicated things simple to understand. We offer services for sole proprietorships (Form 1040 Sch-C), including single-member LLCs, whether you’re a new or established business. Historically, Fidelity has offered free (or discounted) access to TurboTax for selected customers, however, eligibility appears to vary based on undisclosed criteria.

Full Service Business pairs you with a specialized business tax expert who will do your taxes for you from start to finish. Our self-employed and business tax experts will ensure you get every tax break with 100% accuracy, guaranteed. You can prepare and print or e-file up to 5 of your own federal and state tax returns with TurboTax Desktop.

Once it did its scan, I was able to figure out how much I spent on my car for all of 2016 in about 30 minutes . If you didn’t keep any records than it may take a while to sort through every transaction, but it is worth doing to get higher deductions. I asked the agent what “miles” constitute deductible miles for an Uber driver, and they explained that as long as I was available to accept a ride, I could deduct my miles . This was a good answer, although it could have been a little more specific around miles between rides or when logged out of the app and re-positioning .

Whether you file yourself or get expert help, you’ll get your maximum refund guaranteed, or your money back. If you can’t access your email or phone number, and therefore can’t receive a code, fill out the form below. We’ll process your request during our regular business hours (Monday–Friday, 5 AM to 5 PM PT). ZDNET’s recommendations are based on many hours of testing, research, and comparison shopping.