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The Deluxe and Ultimate versions will both run you $16.95. After you e-file your state taxes (for free), it will cost you $13.95 to file federal. TaxAct comes in three versions: Free, Deluxe, and Ultimate. It's simply not that kind of preparation tool. #Best file comparison tool cnet code#If you want to find obscure tax code topics, you won't find it in TaxAct. It doesn't feature all the extras you'll find in more capable products and it's obviously designed for someone who wants to get their taxes filed as quickly and efficiently as possible. When I first started using TaxAct, I was impressed by its simplicity. Instead, TaxAct is aimed at the taxpayer who doesn't want to pay an accountant $250 to prepare a relatively basic return. TaxAct Online: Simplicity is king TaxAct Online isn't nearly as powerful as TaxCut from H&R Block or TurboTax Online, but it's not meant to be. TurboTax Online is a much better alternative. ![]() Nor do I recommend using TaxCut Online if you file more complex returns. That said, its "Worry-free Audit Support" tool came in handy and its error correction feature fixed mistakes it found along the way, which certainly helps put the mind at ease.īut I can't even recommend using TaxCut Online if you file a basic return. It didn't maximize my tax credits, it failed to provide me with enough control to pinpoint specific deductions like self-employment insurance, and it delivered a tax liability that was almost $1,000 higher than the figure TurboTax Online calculated. It was quick and easy.īut when I tried to create a complicated return that featured the sale of a home, self-employment income, and investment income, TaxCut Online proved to be a relatively useless tool, at least compared to TurboTax Online. In a matter of seconds, I was able to work my way through wage income, interest, and basic deductions to create a return. I created a fake return (without filing) to evaluate each service and found that TaxCut Online works beautifully for those who have simple returns. TaxCut Online makes the hard stuff simple. Neither of those fees include the state e-file charge. #Best file comparison tool cnet free#Aside from the free edition, TaxCut Online is also available in Basic for simple returns for $14.95 or Premium for those who have more complicated returns for $39.95. With TaxCut Online, that will run you $29.95. TaxCut Online is free when you e-file your federal taxes, but just like every other service in this roundup, it charges you to e-file your state taxes. And although those who are less knowledgeable about tax law shouldn't have too much trouble preparing their taxes with the company's TaxCut Online software, there aren't enough options to justify using it if you file a complex return. ![]() #Best file comparison tool cnet software#H&R Block may offer its tax services in franchised locations across the U.S., but it also provides its software online. H&R Block TaxCut Online: Powerful, but not ideal Let's look at four online tax preparation software packages that are good places to start. I prepare my own taxes, and I know all too well how hard it can be to find the right program to help out. April 15 is quickly approaching, which means we all need to buckle down and spend a Saturday preparing our taxes.
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