TurboTax News Introducing TurboTax’s New Lifetime Guarantee on Tax Returns Read the Article Open Share Drawer Share this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Pinterest (Opens in new window)Click to print (Opens in new window) Written by TurboTaxBlogTeam Published Feb 22, 2023 - [Updated Apr 13, 2023] 2 min read We are excited to announce TurboTax’s brand-new Lifetime Guarantee – a combination of coverage including 100% accurate calculations, audit support and a maximum refund, all guaranteed for the full seven-year life of the tax return. Introducing TurboTax Tax Refund Lifetime Guarantee In 2022, TurboTax processed 47 million US tax returns and $113 billion in tax refunds. TurboTax’s robust portfolio of products ensures every tax filer – from DIY filer, small business owner, investor, or those that prefer to hand off their taxes completely – has the right solution for their unique tax situation. This offering is now under the protective umbrella of the TurboTax Tax Refund Lifetime Guarantee and customers’ 2022 tax returns are backed for the full tax return lifetime. Get started now How TurboTax Tax Refund Lifetime Guarantee Works 100% Accurate Calculations Guarantee: TurboTax will pay the penalty and interest if a customer receives an IRS or state penalty because of a TurboTax calculation error. 100% Accurate, Expert-Approved Guarantee: Similarly, if a customer pays an IRS or state penalty (or interest) because of an error that a TurboTax tax expert or CPA made while providing topic-specific tax advice, a section review, or acting as a signed preparer for their return, TurboTax will pay the penalty and interest. Maximum Refund Guarantee: Customers who receive a larger refund or smaller tax due from another tax preparation method, TurboTax will refund the applicable TurboTax federal and/or state purchase price paid. (TurboTax Online Free Edition customers are entitled to a payment of $30.) Limitations apply. Excludes TurboTax Business products and services. Audit Support Guarantee: If customers receive an audit letter based on their 2022 TurboTax individual, TurboTax Live Assisted Business Online, or TurboTax Full Service Business Online return, TurboTax will provide one-on-one support with a tax professional, if requested through our Audit Support Center, for audited returns filed with these products for the current tax year (2022) and, for individual, non-business returns, for the past two tax years (2021, 2020). Backed by A Full Service Guarantee: When a Full Service expert completes a customer’s taxes, they will only sign and file when they know it’s 100% correct and that the customer is getting the best outcome possible, guaranteed. Are you ready to get started? TurboTax’s Lifetime Guarantee is available now! Get started now Previous Post TurboTax Launches 3rd Annual #LeadingConEducación Scholarship Program Next Post Hear From 2022 #LeadingConEducación Scholarship Recipients Written by TurboTaxBlogTeam More from TurboTaxBlogTeam Leave a ReplyCancel reply Browse Related Articles Self-Employed Meet Moira Tax Planning TurboTax Enables Refund Advance to Taxpayers Investments Tax Benefits of Real Estate Investing Self-Employed Business Tax Checklist: What You’ll Need When Filing Uncategorized What Is Deferred Compensation & How Is It Taxed? Investments How Does an Inherited IRA Work? Work Choosing Your Business Structure: 5 Types of Businesses… Tax Deductions and Credits Are HOA Fees Tax Deductible? What You Need to Know Crypto Understanding Crypto and Capital Gains Work 7 Things You Need to Know About the New Business Report…