It might seem like it is too early to be thinking about taxes again, but we are close enough to the end of the years that it is best to start planning. And one of the things you need to think about? Which program you will use to file your taxes.
While you can certainly pay for excellent programs, the truth is that you probably don’t need to spend a dime. There are plenty of free options available; many of them are free versions of the programs you would purchase anyway. So, which ones should you look into?
In terms of simplicity, it is hard to beat TurboTax. This program is great at managing multiple sources of income and helping you find tax loopholes that you would otherwise need an accountant for. It is designed for people filing their own taxes without any knowledge of tax codes and with limited technological know-how.
H&R Block has become synonymous with accounting, and when you use their program, you benefit from their experience and reach. Even when you use the free version of their software, you are given access to free phone support, email support, and the options to do a face-to-face consult at one of their branches. It also gives you access to many of the features of the program without needing to pay.
In truth, TaxAct isn’t very different from the two programs above. But if you fear that your taxes may be too complicated to file yourself, this is the way to go. Out of all the programs listed, TaxAct is the cheapest when paying to file, so if you do find yourself in over your head, you can easily and cheaply switch to having them complete your taxes for you.
Do you have a free tax filing program that you trust? Share it with us below.