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