TurboTax 2022: Differences Between Each Version

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TurboTax is a software program that is used to prepare and file federal and state income tax returns. There are several different versions of TurboTax available, each with different features and capabilities. Here is a summary of the main differences between the versions of TurboTax 2022:

  • TurboTax Basic: This version is available to taxpayers with simple tax situations. It includes basic features for preparing and filing federal and state tax returns, such as step-by-step guidance and support for common tax forms and credits. It does not include support for self-employment income or more advanced tax situations.

  • TurboTax Deluxe: This version includes all the features of the Basic version, as well as additional support for self-employment income and more complex tax situations. It also includes features for maximizing deductions and credits, such as the ability to import last year’s tax return from another software program.

  • TurboTax Premier: This version includes all the features of the Deluxe version, as well as additional support for investments and rental property income. It also includes features for handling foreign income and tax-loss harvesting.

  • TurboTax Home & Business: This version is designed specifically for self-employed individuals and small business owners. It includes all the features of the Premier version, as well as additional support for self-employment deductions and expenses. It also includes features for tracking business mileage and invoicing.

  • TurboTax Business: This version is designed for businesses with employees and is suitable for sole proprietors, partnerships, corporations, trusts and estates. It includes additional support for business tax forms and deductions.

It’s important to choose the version of TurboTax that is best suited to your needs and tax situation. You may also want to consider factors such as the cost of the software and the level of support and guidance you need when preparing your tax return.

View the latest prices and view a version comparison chart.

Buy now from Amazon.com:

TurboTax Basic 2022 Federal Tax Return
$39.99
(As of: January 29, 2023 1:08 pm - Details)
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(* = affiliate link / image source: Amazon partner program)
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Product prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on https://www.amazon.com/ at the time of purchase will apply to the purchase of this product.
38%
TurboTax Deluxe 2022 Federal Tax Return
$59.99
$36.99
(As of: January 29, 2023 1:08 pm - Details)
View on Amazon *
(* = affiliate link / image source: Amazon partner program)
×
Product prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on https://www.amazon.com/ at the time of purchase will apply to the purchase of this product.
36%
TurboTax Deluxe 2022 Federal and State Tax Return
$69.99
$44.99
(As of: December 29, 2022 3:35 am - Details)
View on Amazon *
(* = affiliate link / image source: Amazon partner program)
×
Product prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on https://www.amazon.com/ at the time of purchase will apply to the purchase of this product.
38%
TurboTax Premier 2022 Federal and State Tax Return
$104.99
$64.99
(As of: January 29, 2023 1:08 pm - Details)
View on Amazon *
(* = affiliate link / image source: Amazon partner program)
×
Product prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on https://www.amazon.com/ at the time of purchase will apply to the purchase of this product.
37%
(* = affiliate link / image source: Amazon partner program)
×
Product prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on https://www.amazon.com/ at the time of purchase will apply to the purchase of this product.
37%
TurboTax Business 2022
$179.99
$113.99
(As of: January 29, 2023 1:08 pm - Details)
View on Amazon *
(* = affiliate link / image source: Amazon partner program)
×
Product prices and availability are accurate as of the date/time indicated and are subject to change. Any price and availability information displayed on https://www.amazon.com/ at the time of purchase will apply to the purchase of this product.

TurboTax Desktop Editions:

Install on Windows or Mac. E-file up to 5 federal returns. State return included.

Includes Free 1-Year Subscription of Quicken Starter Edition.

Basic

Simple tax returns. Good choice if you don’t need to file a state return.
$50 $39.99
Buy Now

5 federal e-files. State additional $40.

Deluxe Most Popular

Maximize tax deductions & credits. Best choice for most people.
$80 $36.99
Buy Now

5 federal e-files. 1 state download $10 extra.

Premier

Best for people with investments or rental property.
$110 $64.99
Buy Now

5 federal e-files. 1 state download included.

Home & Business

Personal & Self-Employed income and expenses.
$120 $75.99
Buy Now

5 federal e-files. 1 state download included.

Not sure which version to choose? Use this easy comparison chart to help you decide.

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