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Why You Need TurboTax Self-Employed

Why You Need TurboTax Self-EmployedThis Why You Need TurboTax Premier post is sponsored by TurboTax. 

Why You Need TurboTax Premier

Did you know that last tax season close to 72% of taxpayers received a tax refund close to $3,000?  

That’s right, if you’re expecting a refund this year, you could use it to get a jump-start on saving, paying down debt and making progress towards your financial goals. 

 

Right now is the time to get your taxes done and to get them done easily and accurately  with TurboTax. The federal tax deadline has been extended to July 15, 2020  but it's really never too early to file your taxes once you have all of the right paperwork ready. You’ll also want to keep in mind that some state filing deadlines may be different than the new federal deadline, so check out the TurboTax blog for updates!  If you’re a solopreneur, freelancer, contractor or side-hustler, TurboTax Self-Employed can help you find every deduction you qualify for and get every dollar you deserve this tax season. We hope that you enjoy this Why You Need TurboTax Self-Employed post.

If You’re Self-Employed TurboTax Self-Employed is for You 

Whether you’re a side-hustler, independent contractor, freelancer, consultant, real-estate agent, rideshare driver and more — TurboTax has you covered.

Features of TurboTax Self-Employed 

Whether you’re a lifelong freelancer or recently started making money with your side hustle, TurboTax Self-Employed delivers the personalization and total confidence that you need at tax time.

  • Industry-Specific Deductions: TurboTax Self-Employed can help you find industry-specific tax deductions that others might miss, for industries including: real estate, rideshare, consulting services, online sellers, education or teaching services, personal trainers, home services, construction, performing arts, photography, personal and beauty services, and more.
  • Effortless expense tracking: When you file with TurboTax Self-Employed, you can get a free year of QuickBooks Self-Employed, which makes it simple to capture receipts and track mileage and expenses year round.
  • Audit Assessment: TurboTax provides a personalized audit assessment of your Schedule C income, so you can file with confidence.
  • and more.

New this year, TurboTax Self-Employed is focused on eliminating data entry and solving the Year-Round tax headache for self-employed filers:

  • 1099-MISC Snap & Auto Fill: Save time by leveraging technology, simply snap a pic of your 1099-MISC with your mobile phone and import all your information ensuring your data is entered accurately.
  • Year-Round Tax Estimator: After completing your tax return, our new Year-Round Tax Estimator will provide you with a more accurate view of next year's taxes, based on your 2019 tax return Use this new feature in real-time, year-round, to stay on track, plan and avoid any surprises next tax season.

TurboTax Live Self-Employed

TurboTax Live Self-Employed  gives you on-demand access to an elite team of credentialed tax experts – ALL Certified Public Accountants (CPAs), IRS Enrolled Agents (EAs) or Tax Attorneys with an average of 15 years of experience. You can click to connect with a real tax expert from the comfort of your house! You connect via one-way video, which means that you can see them, but they can’t see you! In other words, you can get expert help without changing out of your sweatpants or leaving the couch. If you have any questions, TurboTax Live experts can give you unlimited tax advice and answers, on demand. They can also give you a line-by-line review of your tax return, so you can file with confidence!

Who should use TurboTax Self-Employed?

TurboTax Self-Employed is designed for the unique needs of freelancers, contractors, and small business owners. Whether you’re self-employed full-time or working a side gig (or two), TurboTax Self-Employed can help with your personal & small business income and expenses.

Get social with TurboTax

Learn more about TurboTax Self-Employed!

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29 Comments Leave a Comment »

  1. CA

    A very useful read for everyone who is self-employed. Taxation is a very complicated matter per country.

  2. My wife and I have used TurboTax ever since I was self-employed as a daycare provider. Absolutely the best online tax service around.

  3. Jen

    Wow! If I already didn’t have a tax attorney, I’d be checking out TurboTax for sure! They seem like a great choice if you’re self-employed!

  4. Oh sweet! They’re doing self-employed now! That is so amazing. I’m really tired of paying huge money to our tax guy.

  5. I had never heard of Turbo Tax Self-Employed before, but sounds like a GREAT tool to maximize your deductions! We’re lucky to have a good friend of my husband’s that does taxes and takes care of me, but if we didn’t have that I’d be all over this program!

  6. This is good info for me to share with friends who are self-employed. Thanks for sharing.

  7. This is nice to know. I may have to check this out. I’ve always loved turbo tax but as we became business owners I wasn’t sure how to go about it so we just go to an accountant. Nice to see this geared to self-employed.

  8. Kita Bryant

    This app really makes it easy. Taxes are something no one wants to spend a lot of time on.

  9. We are paying huge tax money around the year, so we must submit our tax return files. Here we submit returns after July every year… It is little bit difficult job, thanks for sharing easy way of difficult job.

  10. I am not self-employed but for sure, this app is really helpful with its features. 🙂 Thank you for sharing!

  11. Sherry

    I have used TurboTax for years. I didn’t know they offered a self-employed option. If I was only preparing my taxes I would get it for sure.

  12. That sounds really helpful for all self-employed. Thanks for sharing this! Will check it out.

  13. Catalina

    Thanks for all these details. A friend of mine is using it and he recommended it to me!

  14. I’ve been planning on using turbo tax this year to file my returns, heard the software is great. Thanks for the review, it is very insightful.

  15. Alissa Ackerman

    I definitely need to consider this, since i’m trying to begin self-employment. I have used regular TurboTax before, but didn’t know they had one specifically for those who are self-employed!

  16. Chantal

    This is great information especially during these times.  I am glad that there is no headache with data entries.  This is informative!!!

  17. I am not aware about this turbotax, but I always submit my annual tax return files after July when Government announce it… The post is very much useful and informative for Turbo Tax return file users…

  18. catherine santiago jose

    Such a nice and really a helpful post to all self-employed. I am going to share this with my friends and relatives who are living in states. Thank you!

  19. Anything that can help me with my taxes is a good thing for me.

  20. I think this is the best tool for self-employed people like myself and my husband. I would for sure recomend and share this blog post. Very well written.

  21. A very helpful tool to file taxes without thinking what right and what wrong and get additional benefits. They system is smart to take all that into the account.

  22. Wow this is a great information. Thanks for sharing I know there will be a lot of people who will benefit in here.

  23. This is great and I hope we have the same app in the Philippines. It will be helpful to know the tax exemptions out there.

  24. I am not self-employed and not working for a US company, but have to file as I am American living overseas. I have used Turobtax for a long time and it is amazing! Different recommend it!

  25. Maartje van Sandwijk

    This sounds like a great app to do your taxes with in America!

  26. Alyx

    Thanks for this information. This will be good to know for next year. 

  27. I have been wanting to try TurboTax but when tax season comes, I usually ended up doing our taxes manually.

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