What is an advantage of using TurboTax over traditional paper filing?

Prepare for the Intuit TurboTax Level 1 Exam with comprehensive quizzes. Study with multiple-choice questions, explanations, and hints. Ensure your success on the TurboTax exam!

Using TurboTax provides the significant advantage of automatically calculating credits and deductions, which simplifies the tax preparation process for individuals. This feature allows users to input their income and expenses, and the software will intelligently analyze the data to determine applicable tax credits and deductions they may qualify for. This eliminates much of the manual calculation errors that can occur with traditional paper filing, ensuring greater accuracy and potentially maximizing the taxpayer's refund or minimizing their tax liability.

Additionally, TurboTax guides users through the tax filing process with prompts and explanations, making it more user-friendly, especially for those who may not be well-versed in tax laws. This capability to automatically generate accurate calculations enhances efficiency and reduces stress, making it a preferred choice for many taxpayers.

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