If you are an individual and your tax situation is straightforward, there’s no reason you shouldn’t do your own taxes. There are several online programs that will help you file your taxes, and many of them are even free. To help you decide which program are the best, we’ve found the top four that are worth your time.
Intuit TurboTax
After last year’s blunders, it’s understandable if you are cautious about TurboTax. However, this company has gone above and beyond working to improve their security measures. Not only is it now safer than ever, but Intuit is also offering free upgrades as an apology for the security issues last year. This program is extremely easy to use as it offers free federal filing for 1040EZ and 1040 with dependants. If, at any point, you get confused, they offer 24/7 support from tax professionals. This year, it’s possible for you to file your federal and state taxes for absolutely free.
If you wish to maximize your deductions, or if you have a more complicated tax situation, Intuit offers a deluxe package for $34.99. It will allow you to search for several deductions available with your home, dependents, and more. If you own a home, this is the type of service you need.
TaxACT
TaxACT has long been a favorite for many people. It offers free filing on all 1040 forms, whether it’s EZ, with dependents, or with itemized deductions. It also has one of the lowest state filings, though this can depend on your state. This program is also amazing for first-time filers.
A user can find helpful hints while they’re filling out information. It will also list ways that you can maximize your deductions for next year. Should you need help or support, you can contact TaxACT through instant chat. If you want to talk to someone, you can speak to someone for a one-time fee of $7.99 – which is relatively low considering accuracy is extremely important when filing your taxes.
H&R Block
H&R Block has been around for a very long time – 60 years, actually. It allows you to prepare your taxes several different ways. You can do it online, through software, or mobile. There is a 100% return accuracy that is guaranteed. The program even coaches you as you fill out information. It’s free, allowing you to file all 1040 forms for free. H&R Block focuses on helping anyone file no matter how much experience they have. This year, it also has incentives. You can get 10% extra on top of your federal refund that is given to you on e-gift cards. Even after you file, H&R Block offers free, in-person audit support to represent you, in the case that you are chosen for an audit.
TaxSlayer
If you are a military member, you have the ability to file for free using TaxSlayer. It also offers free filing for federal 1040 forms. This program focuses on making it easy to file, no matter who you are. Some state’s prices may vary, but it has been recorded as having the lowest state filing charges. There is the option to have a guided interview presentation that will cover subjects like dependents, homes, and work to narrow down the credits you may be able to receive. If you don’t have the information, you have the ability to bookmark and return at a later date. If you need further guidance, you can select “guide me through income.” Useful, right?
