Filing taxes has always been — for lack of a better word, taxing for everyone. Tax season is always a stressful time of year..
This is why many people hire an accountant to help them out. But if you don’t want to hire an accountant, there are plenty of other options.
One of the most popular ones is to do your taxes yourself with the help of tax software. And there are a lot of software options out there.
So what is the best tax software out there? Well, some of that comes down to personal preference and your situation. However, the list below will give some of the best options to check out.
About Tax Software
Tax software programs allow individuals and business owners to prepare and file their tax returns. They will help you with both Federal and state taxes.
These software programs also claim to get you the maximum owed refund and to avoid IRS audits. And they’ll help you stay organized and save a ton of time and hassle. So let’s look at some of the best options out there.
What Is The Best Tax Software?
Many consider TurboTax to pretty much be the undisputed best tax software out there.
Why? Mainly because it is a user-friendly and easy to use the software. TurboTax just has a set of features and a user interface that’s hard to match.
Built to provide the best service for customers, it has personalized explanations of tax calculations. This makes a complex task easier to take on.
While it is the most popular tax software out there right now, it is not the most affordable among its competition.
TurboTax can cost from $60 to $120, plus extra costs to file your state income tax returns.
Much like TurboTax, H&R Block is one of the top go-to options on everyone’s list, including ours. It is user-friendly, and it offers users a great experience with straightforward navigation.
Not only that, but also it is one of the most understandable software programs for users. They provide a comprehensive explanation regarding tax topics.
It also includes optional fee-based expert help. It costs from $49.99 to $109.99 plus extra state filing costs.
TaxAct tax software program includes good navigation tools as well as data entry options to make entering data as easy as can be.
TaxAct also offers an accuracy guarantee. Basically if the software makes a mistake, TaxAct will also cover up to $100,000 in taxes, legal costs, and penalties. Which is good peace of mind.
TaxAct can cost from $44.95 to $79.95 plus state filing costs, which is less expensive than the first two choices.
Best For Value: TaxSlayer
Considered as the best value out there, TaxSlayer has a 100 percent accuracy guarantee. Not only that, but their services are also fast.
TaxSlayer’s software program also improves year by year. They support major IRS forms and schedules. And all that service for an affordable price.
Their services only cost from $24.95 to $54.95, plus state filing costs.
These are only some of the best tax software programs you can use at home so you can calculate, organize and file your taxes. We hope that this article has been helpful for you during tax season!