Learn everything about the taxes you pay


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Choosing the Right Tax Software for You

With so many tax software programs on thethe free e-filing that the pricier options
market, many people are foregoing taxgive  you.
professionals and preparing their own taxes.
However, choosing the software program thatIf you are confident that you won't run into
best  fits your needs can be a daunting task.anything out of the ordinary during your tax
preparation, this software will undoubtedly
Do you need tax software made for a businessserve  you  well.
or an individual? How much can you afford to
spend on software? Spend some time comparisonIndividuals whose adjusted gross income is
shopping, and you'll be able to make anless than $50,000 have a very inexpensive
informed  choice.option- filing for free on the IRS website.
This is only for your federal taxes, however.
Best  Tax  Software  For  Complicated Returns
You'll need to handle your state taxes on
Intuit TurboTax Premier is frequently ratedyour own, either with a professional or with
the top tax software program for people whoa software program. Luckily, despite what
have complex returns. This software allowsmany think of the IRS, their website is very
you to deal with complicated issues such aseasy to navigate, even for people who have
multiple stock sales, mortgage refinancing,never filed their own taxes before. With this
rental expenses and income, and businessmethod, you won't have a hard copy of your
deductions.return,  other  than  what  you  print  out.
This tax software can prepare W-2 and 1099If you don't feel comfortable leaving
forms for your employees, and it also helpseverything to cyberspace, you might want to
those filing Schedule C. This programforego the website and use a software
includes all of the federal tax software, andprogram, even if you have to spend a little
offers step-by-step instructions on how tomoney  for  it.
download the software for your home state.
You can also e-file with the government forStill  Afraid  of  Going  It  Alone?
free,  using  this  program.
If you're worried about making mistakes, or
The program walks you through each step ofif you think that you may get fed up halfway
the process, so it is nearly impossible tothrough the process, H&R Block TaxCut Premium
skip a step or forget something, which isis a great program for you. The program runs
great  for  less  experienced software users.about $40, but if you decide at any point
during the process that you simply can't
TurboTax Premier runs about $60, but is wellmanage on your own, just take your copy of
worth it if you have a complicated return.the tax software to your nearest H&R Block
Intuit also makes a version called TurboTaxstorefront.
Deluxe, which offers the same state and
federal tax software, but is geared towardsThey will credit you the price of the
someone without capital gains, employees, orsoftware towards your tax preparation. Also,
other  business  considerations.TaxCut Premium offers a safety net for those
unlucky  1 percent who face audits each year.
If you don't need those features, at about
$35, this software is a better value. BothEven if you complete the process all on your
TurboTax programs are known for havingown, and e-file your return if you are
thorough customer service, so if you're newselected for an audit, H&R BLock's Worry-Free
to using tax software, it might be worth yourAudit Support ensures that a live tax
while  to  spring  for one of these programs.professional will personally help you prepare
for  your  audit.
Tax  Software  on  a  Budget
As you can see, tax software is available to
If you have a very simple, straightforwardhelp anyone who wants to try their hand at
return, you might try TaxAct Ultimate.filing their own taxes. Choose the software
Selling for about $20, this program stillprogram that's right for you, and you'll be
offers the state and federal tax software andshocked at how easy it can be!



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