Doing your taxes can be pretty confusing. The stress only amplifies further if you do not know the right tool or software. So, we did all the research work to help you find the best tax help software to file your taxes online. The employment of these tools can simplify the whole taxation process and save you a lot of time. So, let us get started and discuss these tax help tools one by one. You can download one or more of these tools, depending on your individual or business needs.
H&R Block
H&R Block has the perfect tax help software for people who have a straightforward tax return; that is, all of their income comes from their job. So, there is no dividend, interest, or income from any other sources. In this case, you can claim a standard deduction over an itemized one. This software is not meant for complex tax situations, but it can seamlessly aid people with simple tax filing needs.
Further, H&R Block comes at a very affordable price tag, and despite that, there is no compromise on user-friendliness. What’s more? Similar to the several other free tax software from many competitors, this, too, allows you to file Form 1040. Moreover, in the Basic version of the software, you can file Schedules 1 and 3. This is a significant plus for taxpayers who have to file these forms for reporting instances, such as certain retirement contributions, business income, credit for dependent care expenses, and alimony. If you do not know the amount to claim for these things and wish for the software to do it for you, you will have to upgrade from the Basic version. Moreover, when a landlord runs or freelances a small business, they will have to itemize the deductions. In this case, you will have to upgrade the tool and move to one of their paid packages.
The software has a very simplistic interface and is very easy to use. Most of the features are self-explanatory, while for others, you will get help within the app. Jumping to a particular section can be a bit daunting, but the presence of the banner on the top does aid in helping you keep a tab on where you stand in the whole filing process. Lastly, even though its Basic version is quite helpful, you will have to shell out some money if you desire tax support. Also, the state filing fees can be pretty pricey. Their plans range from $29.95 to $89.95.
TurboTax
If you are an inexperienced or a first-time taxpayer and need software to help you get started, then TurboTax can be your go-to platform. This software utilizes simple language questions to lead you through each step of the tax filing process. Further, it also has an easy-to-comprehend explanation of some complex processes and terms.
The tool also offers an array of other conveniences, such as filing taxes and importing the previous return to begin a current year’s return. You can also import 1099 forms and W-2 forms by clicking a picture of them. Further, downloading this software to your phone will allow you to file taxes on-the-go from your phone. There is also a feature to get the return reviewed by an agent or a CPA before filing. At a very affordable price, you can even seek unlimited live tax advice. They have a Free Edition along with three more plans. These are Deluxe ($60 with additional charges), Premier ($90 with additional charges), and Self-Employed ($120 with additional charges).
Jackson Hewitt
This is another great tax help tool. We have included it in the list because of its comprehensive library of tax articles, dead-simple interface, and helpful built-in calculators. In addition, the tool provides you with the best-in-class refund insurance. Some of the notable features of this tool are the Worry-Free Guarantee plans and free IRS audit assistance. In addition, you can avail of tech support from their helpful representatives via live chat.