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BEST TURBOTAX SOFTWARE OF 2026

Updated
Updated
BEST OF THE BEST
Intuit TurboTax Deluxe 2023
Intuit
TurboTax Deluxe 2023
Deluxe Federal & State
TurboTax Deluxe 2023 is designed for individuals and families who want to maximize their deductions and credits.
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Pros & Cons
PROS
  • Comprehensive deduction guidance
  • Includes state return
  • Easy document import
  • Access to expert help
CONS
  • State e-file may cost extra
  • Not suitable for complex business taxes
BEST BANG FOR THE BUCK
Intuit TurboTax Premier 2023
Intuit
TurboTax Premier 2023
Premier Investment Taxes
TurboTax Premier 2023 is tailored for individuals with investments or rental property income. It provides specialized support for stocks, bonds, mutual funds, and real estate, ensuring accurate reporting and maximum tax benefits.
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Pros & Cons
PROS
  • Excellent for investors and landlords
  • Easy import of investment data
  • Comprehensive rental property support
  • Includes state return
CONS
  • Higher price than Deluxe
  • State e-file may cost extra
Intuit TurboTax Home & Business 2023
Intuit
TurboTax Home & Business 2023
Home & Business Edition
TurboTax Home & Business 2023 is ideal for self-employed individuals, freelancers, and small business owners. It provides comprehensive support for business income, expenses, and deductions, including guidance for sole proprietors and contractors.
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Pros & Cons
PROS
  • Ideal for freelancers and small business owners
  • Detailed business deduction guidance
  • Includes state return
  • Supports both personal and business taxes
CONS
  • More expensive than other editions
  • State e-file may cost extra
Intuit TurboTax Business 2023
Intuit
TurboTax Business 2023
Business Corporation Taxes
TurboTax Business 2023 is designed for corporations, partnerships, and LLCs. It provides comprehensive support for business tax returns, including forms 1120, 1120S, and 1065, and helps maximize business deductions.
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Pros & Cons
PROS
  • Comprehensive support for business returns
  • Handles multiple business structures
  • Generates necessary business forms
  • Detailed deduction guidance
CONS
  • No state return included
  • Not for personal tax returns
BEST OF THE BEST
Intuit TurboTax Deluxe 2023
Deluxe Federal & State
Platform: PC/Mac Download
License: 1 user
State Return Included: Yes
Federal Return Included: Yes
Release Year: 2023

TurboTax Deluxe 2023 Federal and State Tax Software is a popular choice for those who want to ensure they get every deduction and credit they deserve. The software guides users step-by-step through the tax filing process, making it easy to import W-2s, 1099s, and other tax documents.

With its user-friendly interface, TurboTax Deluxe helps users identify potential tax breaks, including mortgage interest, property taxes, and charitable donations.The software includes access to one state return, which is ideal for those who need to file both federal and state taxes.

TurboTax Deluxe also offers audit support and access to tax experts for additional peace of mind. Its robust error-checking system helps reduce the risk of mistakes, ensuring your return is accurate and complete.

Whether you're a first-time filer or a seasoned taxpayer, TurboTax Deluxe 2023 provides the tools and support needed to file with confidence.

PROS
  • Comprehensive deduction guidance
  • Includes state return
  • Easy document import
  • Access to expert help
CONS
  • State e-file may cost extra
  • Not suitable for complex business taxes
BEST BANG FOR THE BUCK
Intuit TurboTax Premier 2023
Premier Investment Taxes
Platform: PC/Mac Download
License: 1 user
State Return Included: Yes
Federal Return Included: Yes
Release Year: 2023

TurboTax Premier 2023 Federal and State Tax Software is specifically designed for taxpayers who have investment income or rental property. The software offers advanced guidance for reporting income from stocks, bonds, mutual funds, and cryptocurrency transactions.

It also helps landlords manage rental property income and expenses, making it easier to claim all eligible deductions.With TurboTax Premier, users can import investment data directly from financial institutions, reducing manual entry and minimizing errors.

The software walks users through the process of reporting capital gains and losses, as well as rental income, ensuring compliance with IRS requirements.This edition includes one state return and provides access to TurboTax experts for personalized tax advice.

Its intuitive interface and robust support make it a top choice for investors and landlords.

PROS
  • Excellent for investors and landlords
  • Easy import of investment data
  • Comprehensive rental property support
  • Includes state return
CONS
  • Higher price than Deluxe
  • State e-file may cost extra
Intuit TurboTax Home & Business 2023
Home & Business Edition
Platform: PC/Mac Download
License: 1 user
State Return Included: Yes
Federal Return Included: Yes
Release Year: 2023

TurboTax Home & Business 2023 Federal and State Tax Software is the go-to solution for those who run their own business or work as freelancers. The software is tailored to handle the complexities of self-employment income, business expenses, and industry-specific deductions.

It guides users through Schedule C and helps maximize tax savings by identifying all eligible write-offs.The software also supports personal and business tax returns in one package, making it convenient for entrepreneurs who need to file both.

TurboTax Home & Business provides tools for importing income and expense data, tracking mileage, and managing 1099 forms. Users can also access expert advice for business-related tax questions.With its detailed guidance and robust support, TurboTax Home & Business 2023 is an excellent choice for anyone with self-employment or small business income.

PROS
  • Ideal for freelancers and small business owners
  • Detailed business deduction guidance
  • Includes state return
  • Supports both personal and business taxes
CONS
  • More expensive than other editions
  • State e-file may cost extra
Intuit TurboTax Basic 2023
Basic Federal Only
Platform: PC/Mac Download
License: 1 user
State Return Included: No
Federal Return Included: Yes
Release Year: 2023

TurboTax Basic 2023 Federal Tax Software is designed for individuals with straightforward tax situations who only need to file a federal return. The software offers easy-to-follow instructions for entering W-2 income, claiming the standard deduction, and applying basic credits such as the Earned Income Tax Credit and Child Tax Credit.

TurboTax Basic is ideal for first-time filers, students, or anyone with uncomplicated tax needs. The software checks for errors and ensures your return is accurate before filing. While it does not include a state return, it provides all the essential tools for completing a federal tax return quickly and confidently.

With its simple interface and reliable support, TurboTax Basic 2023 is a budget-friendly option for those who don't require advanced features.

PROS
  • Affordable option for simple returns
  • User-friendly interface
  • Accurate and reliable
  • Ideal for first-time filers
CONS
  • No state return included
  • Limited to basic tax situations
Intuit TurboTax Business 2023
Business Corporation Taxes
Platform: PC Download
License: 1 user
State Return Included: No
Federal Return Included: Yes
Release Year: 2023

TurboTax Business 2023 Federal Tax Software is tailored for small business owners who need to file business tax returns for corporations, partnerships, or LLCs. The software supports a wide range of business forms, including 1120, 1120S, and 1065, making it suitable for various business structures.

TurboTax Business guides users through the process of entering income, expenses, and deductions, ensuring compliance with IRS regulations. It also provides tools for managing payroll and employee information, as well as generating K-1 forms for partners and shareholders.

With its detailed guidance and robust support, TurboTax Business 2023 helps business owners file accurate and complete tax returns, while maximizing eligible deductions and credits.

PROS
  • Comprehensive support for business returns
  • Handles multiple business structures
  • Generates necessary business forms
  • Detailed deduction guidance
CONS
  • No state return included
  • Not for personal tax returns

How our picks compare

SpecificationIntuit TurboTax Deluxe 2023Intuit TurboTax Premier 2023Intuit TurboTax Home & Business 2023Intuit TurboTax Basic 2023Intuit TurboTax Business 2023
PlatformPC/Mac DownloadPC/Mac DownloadPC/Mac DownloadPC/Mac DownloadPC Download
License1 user1 user1 user1 user1 user
State Return IncludedYesYesYesNoNo
Federal Return IncludedYesYesYesYesYes
Release Year20232023202320232023

Choosing the right TurboTax software can make a significant difference in how smoothly your tax filing process goes. With several versions available, each tailored to different financial situations, it’s important to understand what each offers and how to match them to your needs.

Start by assessing the complexity of your tax situation. If you have a straightforward return—such as W-2 income, limited interest or dividend income, and no dependents or itemized deductions—the TurboTax Free Edition is likely sufficient. This version covers basic federal and state returns and is ideal for first-time filers, students, or those with simple finances.

For those who need to claim deductions such as mortgage interest, property taxes, or charitable donations, the Deluxe edition is a better fit. This version helps maximize deductions and credits, making it a popular choice for homeowners and families. It also provides tools for finding tax breaks you might otherwise overlook.

If you have investments, rental property income, or need to report stock sales, the Premier edition is designed for you. It offers additional support for investment income and rental property, guiding you through the process of reporting capital gains and losses, as well as rental expenses and depreciation.

Self-employed individuals, freelancers, and small business owners should consider the Self-Employed edition. This version includes all the features of the previous editions but adds specialized guidance for business income and expenses, home office deductions, and industry-specific tax breaks. It also provides tools for importing income from various sources and tracking expenses throughout the year.

When deciding which version to purchase, consider whether you need to file state taxes, as not all versions include state returns in the base price. Additionally, think about whether you prefer to use the online version or download the desktop software. The online version offers convenience and automatic updates, while the desktop version allows for multiple returns and more control over your data.

Customer support is another factor to weigh. Higher-tier versions often include access to live tax advice from professionals, which can be invaluable if you have questions or encounter complex issues. Some editions also offer audit support, providing peace of mind if you’re concerned about potential IRS inquiries.

Finally, compare pricing and look for discounts, especially during tax season. Retailers and TurboTax itself often offer promotions, so shopping around can save you money. Reading user reviews and checking the TurboTax website for detailed feature comparisons can also help ensure you select the software that best matches your needs.

By carefully evaluating your financial situation and the features offered by each TurboTax edition, you can choose the software that will help you file accurately and efficiently, while maximizing your potential refund.