TurboTax Deluxe Federal & State 2020 is tax preparation software by Intuit, designed for individuals who want to maximize their deductions and file both federal and state returns. The 2020 edition covers the 2020 tax year and includes federal e-file plus preparation for one state return.

The software searches for more than 375 tax deductions and credits, including guidance for homeowners on mortgage interest and property taxes, education tax credits, and family credits such as the Child & Dependent Care Credit and Earned Income Credit. It imports W-2 and 1099 data from participating financial institutions and employers, and includes thousands of error checks to verify accuracy before filing. An Audit Risk Meter evaluates your return for potential audit triggers. The step-by-step interview format translates complex tax questions into plain language, requiring no prior tax knowledge.

Supported tax forms include Form 1040, Schedule A (Itemized Deductions), Schedule B, Schedule C, Schedule D, Schedule E, and Schedule EIC. The package includes five federal e-files and one state download. Intuit backs the software with a 100% Accurate Calculations Guarantee and a Maximum Refund Guarantee.