As the April 18 tax filing deadline stalks us, many people turn to tax preparation software to file their taxes more easily, accurately, and on time. With so many options available, it’s challenging to determine which preparation software is right for you. In this review of the top five, we’ll compare some of the features and costs of the top five tax preparation programs.
TurboTax is the most popular tax preparation programs on the market. It offers a user-friendly interface and can import your financial information from various sources, including W-2 forms and investment accounts. TurboTax offers several packages, ranging in price from $0 for the free version to $120 for the self-employed version. TurboTax also offers a maximum refund guarantee, which means that if you get a larger refund or owe less in taxes using another tax preparation method, they will refund your purchase price.
Another popular tax preparation program is from H&R Block. Like TurboTax,
it offers a user-friendly interface and can import your financial information from various sources. H&R Block offers several packages, ranging in price from $0 for the free version to $110 for the self-employed version. H&R Block also offers a refund advance loan of up to $3,500, which can help you get your refund faster.
TaxAct is a budget-friendly tax preparation program that offers a simple interface and can import your financial information from various sources. TaxAct offers several packages, ranging in price from $0 for the free version to $80 for the self-employed version. TaxAct also offers a maximum refund guarantee and can help you identify deductions and credits that you may have overlooked.
Formerly called Credit Karma Tax, Cash App Taxes is a free tax preparation program that offers a simple interface and can import your financial information from various sources. Cash App Taxes offers several features, including the ability to file both federal and state taxes for free. Cash App Tax also offers a refund advance loan of up to $1,000, which can help you get your refund faster.
TaxSlayer is a budget-friendly tax preparation program that offers a simple interface and can import your financial information from various sources. TaxSlayer offers several packages, ranging in price from $0 for the free version to $50 for the self-employed version. TaxSlayer also offers a refund advance loan of up to $1,000, which can help you get your refund faster.
Each of these five tax prep programs offers unique features and benefits. TurboTax and H&R Block are popular choices due to their user-friendly interfaces and various package options. TaxAct is a budget-friendly option that can help you maximize your deductions and credits.
Cash App Tax is a free option that offers many features, including the ability to file both federal and state taxes for free. TaxSlayer is another budget-friendly option that offers a simple interface and can help you get your refund faster.
When choosing a tax preparation software program, consider your budget, your tax situation, and the features that are most important to you.
