Choose the Best Tax Software for Your Needs
Tax season is stressful, but the right software makes it easier. Here are five popular options, from big names to free government tools.
TurboTax walks you through your return step by step, which is great if you are new to doing your own taxes. It handles everything from simple W-2s to investments, self-employment, and rental income. Their Live service connects you with a tax pro if you get stuck.
H&R Block gives you the option to file online or go to a physical office for in-person help. It covers most tax situations and comes with audit support and a guarantee that you get the maximum refund. Many people stick with it year after year.
TaxSlayer costs less than the big names but still has strong features. It shows you a full preview of your return early on, and its higher-tier editions support self-employed filers and small business owners.
TaxAct balances cost and features well. Its interface is straightforward, and it works for both simple and complex returns. The pricing and capabilities are close to TurboTax, making it a solid alternative if you want to save a few bucks.
IRS Direct File is free and available in 25 states: AZ, CA, FL, MA, NV, NH, NY, SD, TN, TX, WA, WY, AK, CT, ID, IL, KS, ME, MD, NJ, NM, NC, OR, PA, and WI. A new feature lets you pull in your personal info, IP PIN, and some W-2 details directly from your IRS account, cutting down on data entry.