| We all love computers and the fact that it | | | | you have the Turbo Tax Premier which is near |
| exists to make our jobs simpler. And they | | | | to the professional help that you can get. |
| have invaded the field of taxation like never | | | | |
| before. | | | | 4. Free Tax Software: The IRS, in partnership |
| | | | with various software companies, provides |
| A multitude of tax deduction software is | | | | easy-to-use, free or almost free software to |
| available in the market at dirt cheap prices. | | | | customers who meet a certain eligibility |
| | | | criteria. |
| 1. for complex tax returns: If you have a | | | | |
| huge business or multiple entries, then | | | | - Complete Tax - offers web-based interface; |
| TurboTax Premier and Complete Tax is the best | | | | |
| option available for you. | | | | -Free File- which can help prepare and e-file |
| | | | your state return for no extra charge; |
| Both are web-based tax programs though Turbo | | | | |
| Tax has a PC-based version too. Turbo Tax | | | | -Tax Act Online- which has a very good free |
| premieres an icing on the cake for people | | | | file version and is one of the fastest; |
| with rental income. Complete Tax, a time | | | | |
| saver, on the other hand is very good when it | | | | -Tax Engine - which is free for everyone, |
| comes to importing capital gains entries | | | | ($10 extra to prepare state return) and |
| directly from Gains keeper. | | | | offers an easy-to-use tax program that |
| | | | features both the interview-style and |
| 2. For Straight-Forward Tax Returns: this is | | | | forms-based input? |
| for people who enjoy bank interest in their | | | | |
| accounts or from mutual funds. Tax Act is the | | | | -H&R Block Free File - which offers free tax |
| best bet available in the market. Calculates | | | | preparation if your adjusted gross income is |
| returns as well as penalties. | | | | $34,000 or less. It is recommended only for |
| | | | the simplest tax returns. Preparing a state |
| The web version of Tax Act charges $7.95 to | | | | return costs an extra $19.95 to $29.95. |
| e-file a federal return and another $7.95 to | | | | |
| file a state return. Good tax software is | | | | And the last but not the least, Online Taxes |
| Snap Tax. It is reliable, quick and fills | | | | can be used for free if your gross income is |
| out Form 1040-EZ in 15 minutes and e-files | | | | less than $150000. |
| your returns in half an hour. | | | | |
| | | | Could calculation of tax be simpler than |
| 3. for unique tax situations: a lot of | | | | this? I don't think so. Your tax returns now |
| complexities can occur while filing the | | | | should be a simple affair and you don't need |
| returns. To manage such a web of intricacies, | | | | a consultant to do this either. |