TurboTax

TurboTax is an American tax preparation software package developed by Michael A. Chipman of Chipsoft in the mid-1980s.Intuit acquired Chipsoft, based in San Diego, in 1993. Chipsoft, now known as Intuit Consumer Tax Group, is still based in San Diego, having moved into a new office complex in 2007. Intuit Corporation is headquartered in Mountain View, California.

TurboTax for the Mac was originally named MacinTax, and was developed by SoftView. SoftView was in turn purchased by ChipSoft.

TurboTax is one of the most popular income tax preparation software packages in the United States, along with its main competitors, H&R Block at Home, TaxSlayer, and TaxACT.

Overview

There are a number of different versions, including TurboTax Deluxe, TurboTax Premier, etc. TurboTax is available for both federal and state income tax returns. The software is designed to guide users through their tax returns step-by-step. The TurboTax software provides taxpayers additional support for their self-prepared returns by offering Audit Defense from TaxResources, Inc.