Nowadays, online tax filing is becoming faster, easier, and more affordable every year thanks to the various tax software available in the market. One of those tax software “Turbo Tax” which is the most popular tax preparation software in the world. However, if you’re looking for a lower-cost option, you might not like filing your taxes with TurboTax. Well, in the following post, we are going to explain how to upgrade TurboTax from Free File to Premiere, or from Premier to TurboTax Online.
Here is an overview of the steps to upgrade TurboTax from a lower version to a higher version. If you have any problems with implementing the steps, contact our team.
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How to Upgrade TurboTax?
TurboTax does a great job of meeting your needs during the tax period. However, not everyone can afford to buy TurboTax for tax filing and be happy with cheaper alternatives. Let’s take a look at the TurboTax upgrade steps accordingly.
Upgrade to TurboTax Premier with TurboTax’s Free Files
Well, you cannot upgrade TurboTax Free File to another version. If you want to use regular TurboTax, replace the current Free Files account with a new one.
Steps to Upgrade TurboTax for Windows Software
Before upgrading TurboTax software, you should note that the upgrade process is one-way, meaning you cannot downgrade TurboTax to the basic version.
If you are also interested in upgrading your TurboTax software for Windows, follow the steps below.
- First, open your return in TurboTax and select Upgrade TurboTax.
- Second, choose the version that needs to be upgraded in the new window.
- After that, follow the ongoing prompts to purchase the upgrade.
- In the end, you have to keep working on the return without going back to the beginning.
Steps to Upgrade to a Higher Version of TurboTax Online
If you are looking for steps on how to upgrade TurboTax software to a higher version of TurboTax Online, check out the following list. We have included all the steps to upgrade it to a higher version. If you run into any issues, get in touch with our experts.
- The first step is to log in to TurboTax and your return.
- After that, choose the Upgrade option from the menu. If you can’t find the option, select the menu icon in the top left corner.
- Then you have to choose the version that needs to be upgraded.
- If you print or file your taxes electronically, you will be asked to pay. Or, you can also prepay by following the steps mentioned below.
- First, select the file and click on the Start or Revisit option under Review your order.
- After that, select Show payment options when your order summary is displayed on the screen.
- Next, click Pay with credit card when you see the How you want to pay for TurboTax pop-up on the screen.
- Fill in the credit card information and tap Continue.
- Lastly, head over to Tax Home to play the advanced features.
A: You can follow the steps given below to switch from TurboTax Free File to Premier.
First, go to TurboTax.Intuit.com
After that click on your product and you will be asked how you filed tax last time.
Now you have to log in to the account.
You will be asked if you want to upgrade the TurboTax software.
Finally, choose the step that follows the current instructions.
A: The cost to upgrade from TurboTax Basic to Home & Business is approximately $70.00. And, upgrading from Deluxe to Premiere costs around $30.00.
A: Below are the complete steps that will help you to get started again with TurboTax software.
The first step is to log in to your TurboTax account and choose a topic to continue with your announcement.
Then select Tax Tools from the left menu.
Click Clear and Start or choose the Menu icon when you don’t see the Clear and Start option.
Finally, select Yes in the confirmation window.
A: If you don’t have complex financial transactions to report on your taxes, you can use TurboTax Basic. On the other hand, if you want to take advantage of some additional features and functionality then TurboTax Deluxe would be the best option.
A: Yes, you will need to purchase a new TurboTax for desktop and online software every year. The exceptional case is that if you have a free version online, you can file for federal and state for free at the beginning of the tax year.
Conclusion
Hope “Upgrading from Turbotax?” Including the post would have proved helpful to you. Some TurboTax users feel that the advanced features provided by TurboTax are not what they need right now. As such things will be manageable even if some features and functionality are not. If you encounter an issue while applying the TurboTax upgrade steps and are looking for help, contact our professionals. We will try to provide you immediate assistance.
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