The software also allows you to retrieve and input your wage, mortgage interest, and investment data with instant data entry by automatically retrieving W-2 wage data, 1098 mortgage interest, and 1099 investment data from participating employers and financial institutions. It then enters the data into the right forms, reducing manual data entry and simplifying tax preparation.
TurboTax Basic also helps you identify entries that could trigger an audit. Audit Alerts check your return for items that might raise a red flag with the IRS, and provide information on key documents you should keep. In addition, TurboTax Basic helps you make the most of the changing tax laws: it is up-to-date, with all the latest tax law changes.
All federal versions of TurboTax desktop products for Windows include product activation to better ensure customers use the product in accordance with the License Agreement. An independent test of product activation technology in Intuit Inc.'s TurboTax desktop software products confirms the technology does not negatively impact computer performance or compromise customer privacy. The findings of the tests, performed by PCTest Corporation, an independent software-testing lab can be found at http://www.pctest.com/intuit/index.htm. You can still prepare multiple returns from one computer, and install and prepare your return on multiple computers. To fully uninstall the the SafeCast/C-Dilla element of TurboTax, you must download the free uninstall application at the TurboTax Support website. For additional information about product activation, go to http://www.turbotaxsupport.com and refer to TurboTax Product Activation in the News and Tips section.