Online tax software: The best for less
Most people don’t have hundreds to spend to have their taxes professionally done. For a lot of taxpayers, their taxes are not complex enough to need to pay that much. If you’re considering tackling your taxes on your own this year, you’re going to need to use the best software. Especially with all of the recent changes. Check out these five top online tax software programs that will make completing your taxes a breeze.
TurboTax is probably the most popular online tax software available. It’s very simple to use and easy to understand. TurboTax guides you through the filing process as if you’re on an interview. It extracts the information needed to determine your filing status, adjusted gross income, and allowable credits. Also, it has mobile capabilities that allow you to complete your taxes on your mobile device or tablet. No computer necessary!
eSmart Tax’s free version offers added bonuses like tech support and audit support from a Liberty Tax Certified Public Accountant. Those are perks that you don’t normally see included with the free edition. Also, if it is going to be your first year using eSmart Tax, you will be able to import in your previous year’s return from other online tax services. That’ll save you time not having to input the same personal information over and over again when you have no changes.
TaxSlayer also has a free edition that allows you to file simple returns. It makes doing your taxes easy regardless of your tax knowledge and experience level. If you need assistance, assistance is simply an email or phone call away. There is a con though. There isn’t any audit detection or audit assistance like with other online tax software programs.
TaxAct is a decent online tax software that also guides its users through completing their taxes. However, TaxAct does not have a free edition for users that have basic tax filing needs. Their basic desktop version for filing simple returns will run you $15. Where they shine is with their full-service software. For complex taxes their Self-Employed+ edition is cheaper than any other full-service online software.
H&R Block is perfect if you are feeling a little uneasy about completing your taxes yourself using an online service. Like the others, it takes you step-by-step through filling your return. They offer free phone, email, and chat support. However, they also offer face to face consultations. If you really want a second look to make sure everything is right, you can take your return into any of their 12,000 branch locations in the nation and have a tax professional take a look. Not only that, but you can also share your screen with a representative and they can give it a look over without you even leaving your home.