Physical license key owned to the buyer. 5 Federal e-files and 1 state (download), state e-file extra. $10 credit for In-Product Ass-Ons, such as state e-file. Please check all the available features of this product and System Requirements before purchasing. No returns or refund once the product key has been opened. One has to download, verify and link the buyers physical license key to their own account. No resale of license that’s been used, as it’s a violation of TurboTax regulation. Thank you.