[Old Version] TurboTax Premier 2020 Desktop Tax Software, Federal and State Returns + Federal E-file [Amazon Exclusive] [PC D

4.5 4.5 out of 5 stars | 6,536 ratings

Price: 89.99

Last update: 12-23-2024


About this item

TurboTax Premier is recommended if: You sold stock, bonds or mutual funds, sold employee stock (ESPP), own rental property or are a trust beneficiary
Includes 5 free federal e-files and one download of a TurboTax state product (dollar 40 value). State e-file sold separately.
Keep more of your investment and rental income
Extra help for investment sales such as stocks, bonds, mutual funds, and employee stock plans
Coaches you and double checks along the way
Automatically imports W-2s, investment & mortgage information from participating companies (may require a free Intuit account) and imports prior year data from TurboTax and other tax software
Searches 350 deductions and credits, including tax-saving rental property deductions plus maximizing charitable donations with its deductible
Additional guidance for rental property income, expenses, depreciation and refinancing
Maximize next year’s refund with personalized advice

From the manufacturer

TurboTax Premier 2020

Get your taxes done right with TurboTax 2020

TurboTax is tailored to your unique situation—it will search for the deductions and credits you deserve, so you’re confident you’ll get your maximum refund.

  • Keep more of your investment and rental income
  • Includes 5 free federal e-files and one download of a TurboTax state product. State e-file sold separately.
  • Free product support via phone
  • Extra help for investment sales such as stocks, bonds, mutual funds, and employee stock plans
  • Automatically imports W-2s, investment & mortgage information from participating companies (may require a free Intuit account)

Free Trial of Quicken Starter Edition 2021

  • Get your complete financial picture at a glance--view balances, budgets, accounts and transactions, see spending trends and search transaction history, all in one place
  • To redeem your Quicken offer and get more information about Quicken, install your TurboTax software and click “Claim this offer” (applies to new Quicken subscribers only)

TurboTax Premier is recommended if any of the following apply:

  • Need to file both Federal & State Tax Returns
  • Sold stock, bonds or mutual funds
  • Sold employee stock (ESPP)
  • Own rental property
  • Are a trust beneficiary

Investments

Guidance

Maximize your IRA

WINDOWS SYSTEM REQUIREMENTS

NOTE: TurboTax Business is Windows Only

Operating Systems Windows 8, Windows 8.1, Windows 10 (Windows 7 not supported)

RAM 2 GB or more recommended

Hard Disk Space 1 GB for TurboTax (plus up to 4.5 GB for Microsoft .NET 4.5.2 if not already installed).

Monitor 1024x768 or higher recommended.

Third Party Software Microsoft .NET 4.5.2 (included with TurboTax Installer)

Internet Connection 1 Mbps modem (Broadband connection highly recommended). Required for product activation, software updates and optional online features.

Printer Any Windows-compatible inkjet or laser printer. Administrative rights required

MAC SYSTEM REQUIREMENTS

Operating Systems macOS Mojave 10.14, Catalina 10.15

RAM 2 GB or more recommended

Hard Disk Space 1 GB for TurboTax.

Monitor 1024x768 or higher recommended.

Internet Connection 1 Mbps modem (Broadband connection highly recommended). Required for product activation, software updates and optional online features.

Printer Any Macintosh-compatible inkjet or laser printer.

Product activation required via internet.

Download option requires free online Intuit account.

Disclaimers:

Installation requirements: Product activation required via Internet. Install and activate on up to five of your computers. Download option requires free online Intuit account.

Operating System Note: As of January 14, 2020, Microsoft no longer provides security updates or support for PCs running Windows 7, as a result, TurboTax 2020 products will not work with Windows 7.

100% Accurate Calculations: If you pay an IRS or state penalty or interest because of a TurboTax calculation error, TurboTax will pay you the penalty and interest.

Maximum tax refund: If you get a larger refund or smaller tax due from another tax preparation method, TurboTax will refund the applicable TurboTax federal and/or state purchase amount paid.

Audit support: If you received an audit letter based on your 2020 TurboTax return and are not satisfied with how TurboTax responded to your inquiry, TurboTax will refund the applicable TurboTax federal 1040 and/or state purchase amount you paid. TurboTax will not represent you or provide legal advice. Excludes TurboTax Business.

Data Import: Imports financial data from participating companies; may require a free online account. Quicken and QuickBooks import not available with TurboTax installed on a Mac. Imports from Quicken (2018 and higher) and QuickBooks Desktop (2018 and higher); both Windows only. Quicken products provided by Quicken Inc., Quicken import subject to change.

60-day, Money-Back Satisfaction: Try TurboTax software. If you're not satisfied, return it to Intuit within 60 days of purchase with your dated receipt for a full refund.

About TurboTax product experts: Customer and product phone support vary by time of year.

Fastest refund possible: Fastest refund with e-file and direct deposit; refund time frames will vary. The IRS issues more than 9 out of 10 refunds in less than 21 days.

TurboTax CD/Download products: Amount includes tax preparation and printing of federal tax returns and free federal e-file of up to 5 federal tax returns. Additional fees apply for e-filing state returns. E-file fees do not apply to New York state returns. Amount subject to change without notice.


Top reviews from the United States

Robert Tonkavich
5.0 out of 5 stars Year after Year A Steadfast Performer
Reviewed in the United States on March 4, 2021
I have used Turbo Tax for over 10 Years. I have found it to be a Steady Performer. Very Accurate. Easy to use. Has a very informative layout and presentation. And when looking for the Very Technical Information it conveys the information right to your finger tips with ease. And if you really are looking for more, it will point you to the right direction in information from the IRS and the Web. I would think it is hard to improve a product year after year, but Intuit does deliver that High Quality Performance with an Impactful Guaranteed Quality of Assurance. I will hopefully find myself preparing my taxes next year with the same product.

Intuit allows you to E-File 5 Returns with this product. So I do a few for the various Senior Citizens like myself, that need a little help financially. As I enjoy being a Caregiver to those around me. Doing so Saves them $160.00 from the Local down the Street, so called professional preparers.

Thank You Intuit for a Great Product and Years of Outstanding Performance. Guaranteed.

Respectfully Robert M Tonkavich.
I pay the same price as everyone else.

PS. I have never had to use their Technical Support. But I here it Rocks.
Repro63
5.0 out of 5 stars Fast and easy returns
Reviewed in the United States on April 24, 2021
I love TurboTax, and use it loyally every year. The software is very easy to install, configure and use. I save the return files to an external drive with an additional backup. It searches for the files from the year before, finds them and already imports much of the information including my W-2 for the current year saving me time.

TurboTax techs and certified specialists answer my questions and help with difficult tax situations. TurboTax gets me a return every year that is accurate and painless. I love that I can get my taxes done in a couple of hours, and file online immediately (Federal and State).

I have never had a bad experience, only good. It is a great value and get 5 stars from me.
IT Paul S
5.0 out of 5 stars Worked great!! Dealt with a small inheritance distribution easily.
Reviewed in the United States on November 2, 2021
In 2019, I had to deal with the death of my parents. In 2020, I received a small distribution from their "estate". I hired an accountant. His firm got bought, and he lost his job. I hired another accountant with the new firm, and he got laid off a few weeks before my taxes were due. Now what? Yep, TurboTax!! I've used TurboTax for years, but I was really worried about the tax implications of the estate distribution. I probably bought the wrong version, but I bought the baddest version that I could without being a business. I didn't want to get caught not having bought enough features to deal with the inheritance.

Armed with TurboTax, I filed an extension. I gave up on hiring an accountant and just used TurboTax to file my taxes a couple of months later. I was worried about the tax implications from Mom & Dad's estate, but TurboTax lead me carefully through each step. In the end, I was a bit leery of a couple of entries, but TurboTax's error check helped put my mind at ease.

In the end, I paid for the extra audit protection, and audit defense (extra $$), and bought a 2nd state (extra $$).

With the tax returns finished, and the federal return filed electronically, my state return filed electronically, and the 2nd state paper-filed (a requirement of that state, since I was a non-resident taxpayer), I didn't have to worry about anything. If I'd made any mistakes with regard to the estate distribution, the audit defense would deal with the appropriate government and I would only need to pay anything extra that I would owe.

I got my refunds in less than a month, with my state refund coming in just under 2 weeks.

I will probably only use TurboTax for the foreseeable future. However, next year, I think I'll pay the extra so that a live person is just a phone call away.
Pamela Bates
4.0 out of 5 stars Beware of bugs doing amended returns. Hang up on tech support if you get a lulu support person
Reviewed in the United States on April 25, 2021
I have been using Turbotax for the last 15 years. Typically it works well and the support pages usually provide good clues on what you need to do. This year for the second time I had to file an amended return for one of the returns I completed. The software would neither not let me efile or produce reports to printout forms for mailing. Did not produce returns for state filing at all. I spent about 4 hours on the phone with support staff. Was hung up on 3 of the 4 times. The first person was a total disaster. I hung up on him after it was obvious he had no clue what he was doing and REFUSED to either escalate my problem or pass me to a supervisor. I finally figured out a workaround on my own and reported it back to their support center. Then I noticed there were calculation errors. Their blog showed people experience the same thing in 2019 so they obviously did nothing to correct it in 2020. Make sure the calculations are correct on your own before you submit it to the IRS. Still better than doing the whole thing by hand,
J. Palmeri
5.0 out of 5 stars Easy way to get through tax time
Reviewed in the United States on December 29, 2020
I have been a fan of TurboTax for many, many years and it has always worked very well and has never given me any issues with my Federal or State returns. If you have used it in the past, then you know that it transfers all needed information from the prior year's return which saves you from having to re-enter much of your redundant data. If you are a first time user, the program does a very good job of gather all your information and allows you to import a good deal of data from external payroll and banking sources. The guided step-by-step process does an excellent job of ensuring that you don't overlook anything required by the various tax agencies.
The cost of the product is deductible, assuming you can itemize, and it's less expensive than using a paid preparer.
TurboTax is the best solution for a process that can't be avoided.
thomas waggoner
5.0 out of 5 stars Follow the instructions
Reviewed in the United States on June 15, 2024
The instructions could have been a bit more specific.
J
5.0 out of 5 stars Makes taxes easy
Reviewed in the United States on May 11, 2021
Program could use updates to the UI, and went unresponsive at points in my return, and it is pricey if you submit for state return as well.

That said, the integrations with online brokerages are an absolute lifesaver if you have a decent amount of transactions. Why stress over inputting numbers for hours on end with the free services, when you can pay a little more, and be done with your taxes within a matter of hours? The stress is not worth it.

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