Income Tax Software makes filing taxes quickly and accurately easier, while also helping to maximize deductions and credits that you may qualify for. Furthermore, its intuitive features can assist with complex rules like EITC eligibility requirements or student loan interest deductions or HSA contributions without incurring extra costs associated with hiring an accountant or enrolled agent to do it for you.
Filing taxes can be a complex and stressful task, with even one mistake leading to costly penalties and interests. While it’s illegal to avoid tax obligations, filing your return yourself may prove to be challenging; thus, tax software programs provide an ideal solution.
Programs vary in price and complexity, but most work in a similar manner. They pose questions similar to what a professional would pose before inputting your answers into appropriate forms. Some use an interview-style interface while others provide form-based filing options that mirror traditional tax forms – typically most programs allow users to switch between these approaches at will.
Visit their respective websites to gain more knowledge of each program available to you. Some provide comprehensive company and product details while others may provide free trial periods so you can try the software first before making a commitment. Some even feature calculators to give an estimate of how much tax refund to expect!
We conducted extensive comparisons of top-ranked programs across several criteria, such as ease of use and customer support, to make recommendations. Specifically, we looked at each plan’s price per plan in relation to features received – for instance TurboTax or H&R Block offer professional advice at an additional fee, but both costs more than TaxAct or FreeTaxUSA.
H&R Block and TurboTax both provide comprehensive online assistance features, and their interfaces are user-friendly. Both provide tips and FAQs to guide you through the process as well as step-by-step guides for filing out your return. H&R Block also offers its Online Assist service which lets users chat with a tax professional through screen sharing session for extra support.
TaxAct is an affordable solution with an intuitive user interface and comes backed by a $100,000 accuracy guarantee that can help maximize your refund. Furthermore, this software can import prior year returns from other software solutions to save time – plus its mobile apps offer you additional convenience!
TaxSlayer is an excellent solution for individuals with straightforward tax matters who do not require professional help from CPAs or enrolled agents. With its user-friendly interface and availability across desktop, laptop, smartphone and other platforms, TaxSlayer makes filing taxes straightforward. Multiple payment plans including monthly ones provide flexibility when paying your deductibles and deductions while its calculator can quickly determine your taxes owed based on income and expenses.