Does TurboTax pay for penalties?
If you get hit with a penalty by the IRS due to an error on TurboTax’s part, the company will refund you for the penalty with interest.
Is it cheaper to buy a physical copy of TurboTax?
Whether it’s cheaper to buy a physical copy of TurboTax depends on who is selling it. Physical copies of TurboTax are sold by authorized third-party retailers, and they may be cheaper if the retailer is offering a discount.
What is Credit Karma Money?
Credit Karma Money is a TurboTax service that allows you to receive your tax refund five days earlier if you open a checking account with Credit Karma Money.
What doesn’t the free version of TurboTax cover?
The free version of TurboTax doesn’t cover itemized deductions, stock sales, rental property income, unemployment income and more. 37% of filers qualify. Simple Form 1040 returns only (no schedules except for Earned Income Tax Credit, Child Tax Credit and student loan interest).