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