Tax season is among us and many of you are receiving your W-2s. As you prepare to file your taxes, you might be looking into your filing options. If you are choosing to file your own taxes, you might have noticed that there are several software options. Each one seems to promise a high level of satisfaction but finding the best tax software can be hard. We are going to help you out by narrowing down the options.
Top 5 Best Tax Software for Keeping Up with Your Taxes
1. Turbo Tax
Turbo Tax offers software and online resources for tax filing. As one of the most popular software choices for keeping up with your taxes, Turbo Tax allows you to prepare any type of tax filings, such as 1040EZ and 1040 filings.
Powered by Intuit, Turbo Tax has a relatively easy interface and is designed to be extremely user-friendly. Each screen asks a different question, which will prompt the user to input the information to fill out their tax forms.
After all of the questions have been answered, Turbo Tax also helps you double check your work and find any errors that will hinder the filing process. The ability to rest assured that your taxes were prepared correctly is one of the reasons Turbo tax is considered one of the best tax software options.
The most major drawback that people have with Turbo Tax’s services is the cost. The more extensive of a filing you have, the more expensive the service will be. Also, if you have extensive income, such as investments, you will need to upgrade your software to a more expensive edition. Some users also complain that Turbo Tax’s rate seems to fluctuate and sometimes rise close to filing deadlines.
Despite the price, Turbo Tax remains one of the most popular and best tax software choices.
2. H&R Block
Besides their brick and mortar establishments, H&R Block offers tax software for those that want to file their taxes themselves, This software is extremely easy to use and is similar to their competitors.
Users that choose H&R Block software say that the best part of this program is the learn more function, Each question is accompanied by a learn more link. The button will take the user to a page that explains more about the specific topic. For example, if you come across a term that you are not familiar with, you can learn more at the touch of a button.
3. Tax Slayer
Tax Slayer is considered a bargain product. Use of this software runs a user about $12.99. However, you get what you pay for. Tax Slayer is an extremely basic interface. Despite its no-frills approach, it is reliable and is the chosen name for hundreds of users.
The major complaint of users is the lack of help and support. Compared to its competitors, Tax Slayer is lacking in this category. The company now offers a more extensive help option. However, users must upgrade to a more expensive edition to receive this help option.
This software is a good choice for those that are knowledgeable abut their taxes and filing procedures. If you are a novice, you might want to choose another software title.
4. Tax Act
Tax Act may have risen their prices for use recently, but it still considered a budget buy. There are some user issues, but many are willing to overlook these items to save money on their filing, For example, if you realize a previous mistake you can not simply go back. You must redo what you have done thus far.
Tax Act is known for their dedication to security. The software had many options to protect your information, such as automatically logging out after a period of inactivity. Tax Act is also an attractive option because it offers a price lock guarantee. It is because of these features that Tax Act is considered one of the best tax software options.
Like H&R Block, Jackson Hewitt is known for their brick and mortar offices and is a popular name in tax preparations. You can rest assured that this software was designed by the same professionals that you trust your taxes to in the office.
One of the greatest options in this program is the ability to improve last year’s tax information, no matter what software was used in previous year. You can import from competitors, such as Turbo Tax or Tax Slayer.
However, many users have complained of issues with the interface. One of the major complaints is the language used. Many terms are not easily explained and there are hardly any help options to explain questions users may have. Some users have even complained that some of the concepts are incorrect or outdated.
Despite these complaints, Jackson Hewitt is still considered one of the best tax software options. Thousands of users still use this program and have no complaints.
Whichever of these software options you decide to use for keeping up, preparing and filing your taxes, you can be sure it is one of best tax software options. These titles have been developed to create the easiest and most efficient tax experiences for users. As April 15 rapidly approaches, set yourself up to make tax preparation effortless and convenient with one of these choices.
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