| With so many tax software programs on the | | | | the free e-filing that the pricier options |
| market, many people are foregoing tax | | | | give you. |
| professionals and preparing their own taxes. | | | | |
| However, choosing the software program that | | | | If 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 business | | | | serve you well. |
| or an individual? How much can you afford to | | | | |
| spend on software? Spend some time comparison | | | | Individuals whose adjusted gross income is |
| shopping, and you'll be able to make an | | | | less 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 rated | | | | your own, either with a professional or with |
| the top tax software program for people who | | | | a software program. Luckily, despite what |
| have complex returns. This software allows | | | | many think of the IRS, their website is very |
| you to deal with complicated issues such as | | | | easy 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 business | | | | method, 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 1099 | | | | If you don't feel comfortable leaving |
| forms for your employees, and it also helps | | | | everything to cyberspace, you might want to |
| those filing Schedule C. This program | | | | forego the website and use a software |
| includes all of the federal tax software, and | | | | program, even if you have to spend a little |
| offers step-by-step instructions on how to | | | | money for it. |
| download the software for your home state. | | | | |
| You can also e-file with the government for | | | | Still Afraid of Going It Alone? |
| free, using this program. | | | | |
| | | | If you're worried about making mistakes, or |
| The program walks you through each step of | | | | if you think that you may get fed up halfway |
| the process, so it is nearly impossible to | | | | through the process, H&R Block TaxCut Premium |
| skip a step or forget something, which is | | | | is 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 well | | | | manage 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 TurboTax | | | | storefront. |
| Deluxe, which offers the same state and | | | | |
| federal tax software, but is geared towards | | | | They will credit you the price of the |
| someone without capital gains, employees, or | | | | software 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. Both | | | | Even if you complete the process all on your |
| TurboTax programs are known for having | | | | own, and e-file your return if you are |
| thorough customer service, so if you're new | | | | selected for an audit, H&R BLock's Worry-Free |
| to using tax software, it might be worth your | | | | Audit 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, straightforward | | | | help 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 still | | | | program that's right for you, and you'll be |
| offers the state and federal tax software and | | | | shocked at how easy it can be! |