Product Description

TurboTax lives up to its name by finding and maximizing your deductions. It guides you step-by-step through mortgage interest, charitable contributions, education, medical expenses, and more so you won't miss any potential deductions. This program also shows you how to qualify for deductions, looks for deduction opportunities, and tracks how much you've saved in deductions and credits. Deluxe Deduction Maximizer includes ItsDeductible software to help you accurately value items donated to charity, and one free state download to help you handle deductions specific to your state of residence.

Product Details

• Amazon Sales Rank: #660 in Software
• Brand: Intuit, Inc.
• Model: 400013
• Released on: 2006-11-21
• Platforms: Windows XP, Mac OS X, Windows Vista, Windows 2000
• Format: CD-ROM

Features

• Tax preparation software guides you through your return step-by-step for a fast and accurate refund
• Maximizes your deductions by leading you through the calculation of mortgage interest, charitable contributions, education, medical expenses, and more
• Shows you how to qualify for over 350 deductions; looks for deduction opportunities, shows you which deductions you've already taken, which you haven't, and which you're not yet eligible to take
• Includes ItsDeductible software to help you accurately value items donated to charity, and one free state download to help you handle deductions specific to your state of residence
• Life Events Planner guides you through common life events-- like buying a new home or taking on new dependents-- and shows how future life changes will affect next year's taxes

Amazon.com
Compatible with both Windows and Macintosh operating systems, the TurboTax Federal and State Deluxe Deduction Maximizer 2006 lives up to its name by finding and maximizing your deductions. It guides you step-by-step through mortgage interest, charitable contributions, education, medical expenses, and more so you won't miss any potential deductions. This program also shows you how to qualify for deductions, looks for deduction opportunities, and tracks how much you've saved in deductions and credits. Deluxe Deduction Maximizer includes ItsDeductible software to help you accurately value items donated to charity, and one free state download to help you handle deductions specific to your state of residence.

TurboTax Federal and State Deluxe 2006 to other TurboTax versions.

The software asks you questions in plain English, then puts answers on official, approved forms. View larger.

TurboTax double-checks your return, looks for errors and missed deductions, and flags audit risks.

File your return electronically via E-file, or by mail.

No More Lost Opportunities
Deluxe Deduction Maximizer shows you how to qualify for over 350 deductions, from mortgage interest, to child-care expenses and more, so you don't miss important deductions that could have a significant impact on your return. As you move through the deduction process, this program looks for deduction opportunities, shows you which deductions you've already taken, which you haven't, and which you're not yet eligible to take. The end result is a comprehensive tally showing how much you've saved in deductions as well as the impact on your refund or bottom line.

Life Events Planner
This program now features software that guides you through common life events-- like buying a new home, taking on new dependents, marriage or divorce-- and shows how future life changes will affect next year's taxes. By giving you a glimpse of what's to come, you can optimize your present and future tax situation.

Time-Saving Options
Deluxe Deduction Maximizer is loaded with time-saving features that help you to quickly and easily file your taxes without making mistakes or cheating yourself out of key deductions. First, this program lets you transfer and edit information from your last year's TurboTax return so you don't have to enter it again. Then, when it comes time to make changes, you can take advantage of the summary pages at the end of each section-- they make it a snap to find and edit data you've previously entered. Save even more time by quickly jumping to sections of your return using a clickable tax topic list.

Nothing wastes time more than an exhaustive audit, and that's why Deluxe Deduction Maximizer flags items the IRS might question so you can take care of potential problems before you file. At the same time, this program compares your deductions to national averages for your income bracket so you can quickly see if your deductions fall outside the norm. This prevents future headaches while also potentially saving you money.

Fast, Guaranteed Results
Because it's so thorough and easy to use, Deluxe Deduction Maximizer can help deliver the fastest refund possible. For even speedier results, e-file your return and get your money back in as little as 10 days (fees apply). This program also comes with TurboTax's guarantee that you'll get the maximum refund you're entitled to with TurboTax than with any other tax preparation method or they'll refund you every penny of your purchase price.

Customer Reviews

Say NO To Audit Defense Option!!
The Turbo Tax software was really useful. HOWEVER they offer you "Audit Defense", a service that is supposed to represent you if you are ever Audited by the IRS. Well guess what, I was audited by the IRS. The accountant that they assigned to my case was in Pennsylvania (I live in DC, my case was being reviewed in DC). The guy NEVER called to ask what my situation was. After I initiated the call, he tried to tell me not to "fight the 2005 audit and maybe they will let the 2004 audit slide". I wasn't trying to "fight" anything, I wanted someone to Present My Case! After my date was up, I didnt hear from the guy, 3 weeks later I get a letter in the mail from the IRS saying I owe money because I didnt show XYZ information. DO NOT GET THE AUDIT DEFENSE! It is like going to court with a Public Defender, you are asking to lose...

Can't Import from It's Deductible Online
I'm very happy with the software, with one exception... You can't import your Deduction information from It's Deductible Online. Last year the software suggested that we use the online version of It's Deductible giving the impression that we'd be able to import our information into the Desktop edition of TT. Unfortunately that is not the case. In a nutshell, if you have a lot of Deductions in It's Deductible Online, then you'll need to start your return using the online edition of TT (it's free till you're ready to file so you don't have to pay twice), import the deductions, then export your tax file to the desktop edition of TT. It's a real pain, and if you've already filled out your Taxes up to the point where you enter in your deductions, you'll have to start all over again.

If it weren't for this major hassle, I would have rated this a 4 or a 5, but finding out about this problem more than half way through my taxes, and having to start all over again is a big zinger.

Best In Class, But...
I just finished a pro-forma tax return last night and, as has been the case for many years, using TurboTax was relatively easy and "bulletproof."

My criticisms below are therefore meant to be constructive...

1. While the deduction finder feature was great, it was tedious.
2. File saves could be more frequent or automatic.
3. Calculation fields attached to most, if not all, numeric entry panels would be a big plus.
4. File transfers from Quicken were spotty. Some items were missed due to field defintion conflicts between TT and Quicken 2003.

It's the gold standard for home tax prep, though, and I would not hesitate to recommend using it.