| With so many tax software programs on the | | | | options give you. |
| market, many people are foregoing tax | | | | If you are confident that you won't run into |
| professionals and preparing their own taxes. | | | | anything out of the ordinary during your tax |
| However, choosing the software program that | | | | preparation, this software will undoubtedly serve |
| best fits your needs can be a daunting task. | | | | you well. |
| Do you need tax software made for a business | | | | Individuals whose adjusted gross income is less |
| or an individual? How much can you afford to | | | | than $50,000 have a very inexpensive option- |
| spend on software? Spend some time | | | | filing for free on the IRS website. This is only for |
| comparison shopping, and you'll be able to make | | | | your federal taxes, however. |
| an informed choice. | | | | You'll need to handle your state taxes on your |
| Best Tax Software For Complicated Returns | | | | own, either with a professional or with a software |
| Intuit TurboTax Premier is frequently rated the | | | | program. Luckily, despite what many think of the |
| top tax software program for people who have | | | | IRS, their website is very easy to navigate, even |
| complex returns. This software allows you to deal | | | | for people who have never filed their own taxes |
| with complicated issues such as multiple stock | | | | before. With this method, you won't have a hard |
| sales, mortgage refinancing, rental expenses and | | | | copy of your return, other than what you print |
| income, and business deductions. | | | | out. |
| This tax software can prepare W-2 and 1099 | | | | If you don't feel comfortable leaving everything |
| forms for your employees, and it also helps those | | | | to cyberspace, you might want to forego the |
| filing Schedule C. This program includes all of the | | | | website and use a software program, even if you |
| federal tax software, and offers step-by-step | | | | have to spend a little money for it. |
| instructions on how to download the software for | | | | Still Afraid of Going It Alone? |
| your home state. You can also e-file with the | | | | If you're worried about making mistakes, or if |
| government for free, using this program. | | | | you think that you may get fed up halfway |
| The program walks you through each step of the | | | | through the process, H&R Block TaxCut |
| process, so it is nearly impossible to skip a step | | | | Premium is a great program for you. The |
| or forget something, which is great for less | | | | program runs about $40, but if you decide at any |
| experienced software users. | | | | point during the process that you simply can't |
| TurboTax Premier runs about $60, but is well | | | | manage on your own, just take your copy of the |
| worth it if you have a complicated return. Intuit | | | | tax software to your nearest H&R Block |
| also makes a version called TurboTax Deluxe, | | | | storefront. |
| which offers the same state and federal tax | | | | They will credit you the price of the software |
| software, but is geared towards someone | | | | towards your tax preparation. Also, TaxCut |
| without capital gains, employees, or other business | | | | Premium offers a safety net for those unlucky 1 |
| considerations. | | | | percent who face audits each year. |
| If you don't need those features, at about $35, | | | | Even if you complete the process all on your |
| this software is a better value. Both TurboTax | | | | own, and e-file your return if you are selected for |
| programs are known for having thorough | | | | an audit, H&R BLock's Worry-Free Audit |
| customer service, so if you're new to using tax | | | | Support ensures that a live tax professional will |
| software, it might be worth your while to spring | | | | personally help you prepare for your audit. |
| for one of these programs. | | | | As you can see, tax software is available to help |
| Tax Software on a Budget | | | | anyone who wants to try their hand at filing their |
| If you have a very simple, straightforward return, | | | | own taxes. Choose the software program that's |
| you might try TaxAct Ultimate. Selling for about | | | | right for you, and you'll be shocked at how easy |
| $20, this program still offers the state and federal | | | | it can be! |
| tax software and the free e-filing that the pricier | | | | |