Question: How Many Computers Can TurboTax Be Installed On?

Can I be taxed in two states?

You may have to file more than one state income tax return if you have income from, or business interests in, other states.

Here are some examples: You are an S corporation shareholder and the corporation does most of its business in a state other than the state where you live..

Can I use TurboTax for multiple users?

You can complete and file tax returns using the TurboTax software for anyone, it is not limited to family. However, you cannot use the software if you are being paid to prepare the tax returns as the software is not licensed for paid tax preparers.

How do I install TurboTax on another computer?

Launch TurboTax on the old computer. Open your tax return, click “File” and choose “Save As” from the menu.Transfer the backup to the new computer. If the software is already installed on the second computer, double-clicking the file opens it in TurboTax so you can continue working on it. Tip.More items…

Can TurboTax be shared?

Yes, you can install and activate the same copy of TurboTax on three different computers. Note: When you activate the same copy of TurboTax on multiple computers, the maximum limit for the total number of tax returns that applies to your copy of TurboTax gets shared among your installations.

Can I be a resident of two states?

Yes, it is possible to be a resident of two different states at the same time, though it’s pretty rare. … If you are a resident of two states, you will likely end up paying more in state taxes than if you were a resident of just one, or a resident of one state and a nonresident of another.

Can you download TurboTax on two different computers?

You can install TurboTax CD/Download on up to five different computers. Each installed copy can prepare different returns.

Can TurboTax file multiple states?

TurboTax Basic, Deluxe, Premier, and Home & Business software lets you prepare and paper-file as many state returns as you want. However, you can only e-file returns in up to three different states for each federal return you prepare.

Can I use last year’s TurboTax for this year?

Can i use my turbotax software from last year to file again this year. No. … There is a new version of Turbotax for each tax year. You have to buy it again each year.

Does Costco sell TurboTax?

Intuit TurboTax Standard 2019, 8 Returns, English, Digital Download.

Can I share TurboTax with my family?

With our web-based online TurboTax family of products, it’s strictly a one-taxpayer per account proposition, with the only exception being that a taxpayer and their spouse can both use one single online account, where they choose Married Filing Jointly. Both federal and state e-filing are free.

Can I install the software on a second computer?

You may install the software on any computer you own. Note: Software that requires a product key for installation can only be installed on a single computer.

Is it better to buy TurboTax or use it online?

Most people choose to use the online service. TurboTax reported 80% of the returns it handled came from its online products. When you have a choice between buying the software you install on your computer and paying to use the service online, you are better off with buying the software download/CD.

Can I use the same TurboTax every year?

The desktop software is new each year. … When you use Desktop TurboTax, which you install from a CD or download to your own hard drive, you can prepare and e-file multiple returns for the cost of the software. You can e-file up to 5 Federal returns—more if you mail the additional ones.

How much does it cost to file with TurboTax?

A Quick Look at TurboTaxTurboTax Filing OptionsFiling OptionCostsTurboTax Free EditionFederal: Free State: FreeTurboTax DeluxeFederal: $60.00 State: $45.00TurboTax PremierFederal: $90.00 State: $45.001 more row•Jan 21, 2020

Do I need to download a new TurboTax every year?

Yes… whether Desktop software, or Online Software, you have to purchase it every year. Exception: The Online “Free” version will let you file for Free …for Federal & State early in the tax year…or with a state charge if you wait too long (sometime in late Feb or March). BBBBBBUT !

How much does a second state cost on TurboTax?

Here is the cost of filing each State return: State Fee if you use Deluxe, Premier, or Self Employed: $39.99. State Fee if you use TurboTax Free Edition: $29.99.