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Readers are part of the CNET family, and the strength of that relationship is the ultimate test of our success. Find out more here. The right tax software can help you claim missing stimulus and child tax credit payments, while maximizing your return. The tax season could prove to be a headache with a new batch of rules regarding paid sick leave , unemployment insurance , stimulus check income and home office deductions.
That means the tax filing process may require more preparation than previous years. Many of the top tax software programs can handle complex tax situations, but you'll want to use the one that meets your particular needs and budget. But if your income is higher, or you have a complicated tax situation -- including having to itemize deductions or account for changes in your household -- you might opt for a more intuitive tax software platform to help streamline the process.
We've reviewed some of the best tax software below, with details on how to use them and how much they cost. By providing an accurate financial breakdown, this information can be used by small businesses to maximize their deductions and ensure accurate filing at tax time. Many accounting software geared for small businesses can provide certain forms that tax software needs.
We looked at close to a dozen tax software programs for this review. At the top of our list was software that was easy to use since most people using these programs have little to no tax experience.
Support was also an important consideration, so providers that offered more than online guides like live chat or one-on-one phone support ranked high. Price was also an important issue.
Because users inevitably absorb some risk by preparing their returns themselves, the software would have to cost considerably less than hiring a professional to make it worth the risk.
Finally, it was important for us to find software that offered generous accuracy and maximum benefit guarantees. While nothing can replace the personal expertise of an experienced accountant or tax professional, tax software companies willing to back up their products with real dollars is the next best thing. Jackson Hewitt. Actively scan device characteristics for identification. Use precise geolocation data.
Select personalised content. Create a personalised content profile. Measure ad performance. Select basic ads. Create a personalised ads profile. Select personalised ads. Apply market research to generate audience insights. Measure content performance.
Develop and improve products. List of Partners vendors. Taxes Tax Planning. By Michael Kurko. Michael Kurko has over 15 years of experience writing and editing for a variety of publications including Investopedia, Fit Small Business, U. News and World Report, and more. His expertise lies in insurance, small business marketing and technology, and finance.
Michael graduated from Hartwick College with a bachelor's in English. Of particular interest was my need to list two different home offices — one at my old home and one at my new one — which is no easy feat for any given tax return. I subjected each of the above programs to the same set of W-2s, s and ancillary tax data. The additional hand-holding from TurboTax means it will take slightly longer to complete your return as compared to the other contenders in this guide, but the additional time investment will be relatively painless.
Bottom line: TurboTax was the only tax preparation software that could handle my having two home offices in the same year, and it was the only tax prep service that found enough itemized deductions that I could decline the IRS Standard Deduction. Is it easy to use? Get started. A quick note on how to choose tax software Best software for simple returns.
Free tax software packages at a glance. Key forms supported:. Form two pages. Income, filing limits apply. Back to top. Best software for ease of use. Get started with TurboTax. More about tax-software providers. Here's a look at some top tax-software providers and what using them is like.
Get started with TaxAct. Get started with TaxSlayer. Paid tax software packages at a glance. Live help online from a tax pro. When you want to ditch the software and just hire someone.
Upload your tax forms. Mobile app available. Pay via Stripe. On a similar note Dive even deeper in Taxes. Explore Taxes.
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