When filing your taxes, you want to make sure you’re using the best tax software available. There are a lot of different tax software programs on the market, and it can take a lot of work to know which one is right for you. That’s why we’ve compiled a list of the five best tax software programs to help you make the right choice.
TurboTax
TurboTax is a popular tax software program known for its excellent customer service and easy-to-use platform. The platform has different versions to fit other widgets’ tax situations. The basic understanding is suitable for those with relatively straightforward taxes which must file a 1040. The more advanced arrangements are designed for those with more complicated tax situations, such as owning a business or multiple properties.
One of the great features of TurboTax is that it has a step-by-step wizard that leads you through the entire process and helps you understand the different strategies and decisions. You can also get support from an accountant or tax professional if needed. Furthermore, you can simultaneously use the platform to file state and federal taxes, making it an easy, efficient way to file taxes.
H&R Block
H&R Block is another popular tax software program. It is excellent for those who need to file their taxes quickly and correctly. H&R Block offers different plans and features to meet different tax needs, from basic to complex.
The platform is easy to use, including a navigation guide, help videos, and tax advice from experienced H&R professionals. It also lets you deposit your tax refund directly into your bank account.
H&R Block also offers budgeting tools and resources to help you save for taxes in the next year and options for filing past years’ taxes. You can also open a Refund Advance Line of Credit if you need fast access to cash.
TaxAct
TaxAct is a tax software program that offers options for preparing, filing, and e-filing your taxes. It has plans for different tax levels, including free and deluxe, and it is excellent for households with simple taxes and freelancers with more complex tax situations.
TaxAct offers bank products, like lines of credit and Refund Advance Loans, for those who need cash quickly. It also imports data for those who want to upload financial documents from other sites.
TaxAct also offers customer support with easy access to tax specialists and the ability to upload documents for their review. It includes tax guidance, a library of help articles, and a search bar to find your tax-related questions quickly.
Tax software programs
TurboTax is one of the top tax software programs on the market. It is perfect for filers with a simple tax return or individuals with more complex returns.
TurboTax offers free and paid options. The free option is great for users with 1040-EZ or 1040-A forms. Its Deluxe and Premier versions include deductible suggestions and a higher level of customer support. Its Self-Employed version is tailored for freelancers and business owners.
This program makes filing easier by allowing you to sync your data with internal tax info. This is great for those who need to switch between different tax documents. It also offers the ability to import W-2 forms and investment documents and audit protection.
