Ut-oh! Time for taxes again! With the economy struggling, I know most of us can’t afford to pay someone to prepare our returns. Lucky for us, with the technology of the internet, filing your taxes is as easy as ever. But there is overwhelming choices in software! Which do you choose? Some helpful tips!
The e-filing software you choose will depend on the uniqueness of your tax situaton. For our most complex of tax filers, those of you with privately owned businesses or a great deal of investments, you will want to choose software that allows you to easily track deductions. Top choices for this are TurboTax (premiere edition: $24.95 state, $59.95 fed) or CompleteTax ($44.90 state, $29.95 fed). These programs are easy to use and extremely accurate in their calculations.
Now for you less complicated filers, go with regular TurboTax ($29.99 state, free fed), H&R Block at Home ($49.95 state, $19.95 fed) or TaxAct ($13.95 state, free fed). These walk you through the 1040EZ and other easy forms. With a few answered questions and quick calculations, you can be sure that the information you are sending is accurate and complete. Who doesn’t like one less worry?
**Bonus!** Most of these online softwares offer direct deposit. No more waiting for the mailperson to bring your refund check!