While there is a free basic TurboTax edition, it’s really only suitable for the most basic returns. Many taxpayers will find that they need to upgrade, which comes with a cost. Here are the tiers of service and prices as of October 2022:
Do-it-yourself options
Plan | Federal Tax | State Tax (per state) |
Deluxe (Allows itemized deductions) | $59 | $49 |
Premier (Allows reporting of capital gains and losses. Allows reporting of income and expenses from rental properties and pass-through businesses) | $89 | $49 |
Self-Employed (Allows reporting of income from a trade or business, contract work, and freelancing. Also works for the home office deduction) | $119 | $49 |
TurboTax Live
Includes everything in the DIY options, plus on-demand help from a tax pro via video and a final review of your self-prepared return.
Plan | Federal Tax | State Tax (per state) |
Basic | $79 | $79 |
Deluxe | $119 | $54 |
Premier | $169 | $54 |
Self-Employed | $199 | $54 |
Full-Service
Everything is included in the DIY version, but a tax pro prepares your return.
Plan | Federal Tax | State Tax (per state) |
Basic | $199 | $199 |
Deluxe | $249 | $54 |
Premier | $359 | $54 |
Self-Employed | $389 | $54 |