Turbotax Or H&R Block Is Cheaper For People With Stock Reviews On Top Three Free Online Tax Preparation Services

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Reviews On Top Three Free Online Tax Preparation Services

The IRS has partnered with nineteen different software companies to offer free or low-cost tax preparation to the public. Many people in the United States do not actually have access to this information, and they spend far more than they need to file their taxes. It is important to remember when looking for a free tax return that you must go to the IRS home page, http://www.irs.gov, for free tax preparation services. It can be difficult to choose between 19 different free tax preparation options, so here’s a quick overview of the top three free online tax preparation services.

Let’s start with the most popular free software, Turbo Tax. This free software can be easily and quickly downloaded from the Intuit website and is very easy to use. Unfortunately, the free edition of Turbo Tax will only let you file basic forms like the 1040EZ, but it doesn’t include all tax forms like the deluxe or premier editions, which aren’t free. This free edition will also constantly push you to upgrade to the commercial edition, but if you don’t mind the constant ads, this is great software that will quickly pay your federal taxes for free and your state taxes for a low, one-time fee.

Another free tax filing option is the popular H&R Block Tax Cut software. This option may actually be better than the Turbo Tax version because it is a premium version that includes all the features of the paid version. However, the free version has some limitations. The most important of these is that the free version is the only one available to those who make an adjusted income of less than $52,000 per year. H&R Tax Cut also offers a free federal tax return and a $24.95 tax return. This software is also supported by H&R Block tax professionals who you can call to ask questions.

The third option is the free version of TaxACT. This is the cheapest way to file tax. The software is still free if you make less than $52,000 in adjusted income per year, and you’ll be able to file your federal taxes for free, while your state taxes will cost just $12.95. This software will also constantly remind you to switch to the deluxe version, and it’s a bit slower than the previous two options, but still a great choice.

Being able to easily file your taxes online for free may be a new idea for many people, but the software and support are already waiting for you to take advantage.

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