As the Internal Revenue Service officially opens e-file
today, giving the green light to U.S. taxpayers to begin filing
their tax returns, TurboTax® confirmed it is up to date with current tax
laws so Americans can file with confidence and be sure they’re getting
every tax deduction and credit they deserve.
“Taxpayers know they can accurately and easily prepare their returns
with TurboTax and get their
maximum and fastest refund possible,” said Bob Meighan, lead CPA with
the American Tax &
Financial Center at TurboTax. “TurboTax knows the tax law inside and
out, so you don’t have to. Our tax pros are here for you every step of
the way and at TurboTax, if you have a question, you get expert answers
from only qualified and credentialed tax professionals.”
Taxpayers can call TurboTax and an experienced tax expert will answer
their questions. Only TurboTax lets people talk to CPAs, IRS enrolled
agents and tax attorneys while they prepare their return, free.
TurboTax is the nation’s best selling, No. 1-rated tax
software from Intuit Inc. (Nasdaq: INTU). More Americans trusted
their federal returns to TurboTax last year than to H&R Block stores and
all other major tax stores combined.
IRS Now Accepting E-filed Returns
The IRS begins accepting the majority of e-filed tax returns today, good
news for taxpayers who have been waiting to file their return and claim
their refund. Last year, 80 percent of taxpayers got a federal tax
refund that averaged $2,700, according to IRS.
The IRS has recently announced that it will not begin processing tax
returns claiming the American
Opportunity Credit and Lifetime
Learning Credit on Form
8863 until mid-February. This delay applies to all tax preparation
methods. Taxpayers claiming these credits can prepare their tax return
now with TurboTax and be confident they’re getting the full amount
they’re entitled to. TurboTax will submit these returns as soon as the
IRS begins accepting them.
The IRS expects to issue more than 9 out of 10 refunds in less than 21
days upon acceptance. The fastest way for taxpayers to get their refund
is with e-file and direct deposit.
Intuit and the TurboTax logo, among others, are registered trademarks
and/or registered service marks of Intuit Inc. in the United States and
other countries. Live tax advice is a free service available year round
via phone or live chat. Restrictions apply. Experience levels, hours of
operation and availability vary and are subject to change without
notice. See http://www.turbotax.com for