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Understanding the Cost Structure of Turbotax State E-File Services
Are you considering using Turbotax to e-file your state tax returns? One of the most common questions people have is how much Turbotax charges for this service. In this detailed guide, we will explore the various factors that influence the cost of using Turbotax to e-file your state returns.
Before diving into the costs, it’s important to note that Turbotax offers different versions of its software, each tailored to different needs and complexities of tax situations. The cost of using Turbotax to e-file your state returns can vary based on the version of the software you choose and the state you are filing for.
Cost Breakdown by Turbotax Version
Here’s a breakdown of the costs associated with each version of Turbotax, including the cost to e-file state returns:
Version | Cost to File Federal | Cost to E-File State |
---|---|---|
Free Edition | $0 | $0 |
Deluxe Edition | $39.99 | $29.99 |
Premier Edition | $59.99 | $39.99 |
Self-Employed Edition | $89.99 | $49.99 |
As you can see, the cost to e-file state returns increases as you move up the tiers of Turbotax software. The Free Edition does not include state e-filing, while the Deluxe, Premier, and Self-Employed Editions all offer state e-filing for an additional fee.
Additional Fees to Consider
While the cost to e-file state returns is a significant factor, there are other fees you may encounter when using Turbotax:
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State Filing Fees: Some states charge a separate fee for filing state taxes, which is not included in the cost of Turbotax software. These fees vary by state and can range from a few dollars to over $100.
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Direct Deposit Fees: If you choose to have your tax refund directly deposited into your bank account, Turbotax may charge a fee for this service. The fee can vary depending on the version of the software you use.
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Live Tax Expert Support: If you need assistance while using Turbotax, you may opt for live tax expert support. This service is available for an additional fee, which can vary based on the version of the software and the level of support you require.
Comparing Turbotax with Other Tax Software
When considering the cost of using Turbotax to e-file your state returns, it’s important to compare it with other tax software options. Here’s a brief comparison of Turbotax’s state e-filing costs with some of its competitors:
Software | Cost to File Federal | Cost to E-File State |
---|---|---|
H&R Block | $39.99 – $74.99 | $29.99 – $39.99 |
Intuit TurboTax | $39.99 – $89.99 | $29.99 – $49.99 |
TaxAct | $0 – $54.99 | $0 – $29.99 |
As you can see, the cost of using Turbotax to e-file your state returns is competitive with other tax software options. However, it’s important to consider the specific features and support offered by each software before making a decision.