The best thing about tax prep solutions is that they are free until filing and that there is always a free version to use, ideal for first-time filers and taxpayers with smaller incomes. As a matter of fact, H&R’s program provides everything needed to make the filing process as smooth as possible, whether that is the seamless importing of data, mobile availability, or the accurate calculation of possible deductions, or preparing state returns for free. And if that’s not enough, there is always the option to upgrade to a higher-tier version of the software and only pay for its use when you decide to file with H&R.
There is no need to tell you about how to enjoy FreeTaxUSA’s services for free because, as its name implies, the company’s tax software is entirely free of charge – so long as no state returns are filed or none of the upgrades and extra services are purchased. However, if there is one thing that’s worth mentioning it is this: not only is federal tax return filing free of charge for the current year, but there is also the option to prepare previous years’ tax returns without paying a dime, too.
TurboTax is without doubt one of the most prestigious tax preparation services on the market, which is saying something considering the competition that the company shares the world with. That’s why it’s possible to enjoy the powerhouse that is TurboTax for free and try out many of the program’s fantastic features. However, there are other benefits that taxpayers can get for free, too, because TurboTax Self-Employment users also get a free QuickBooks Online subscription. Regardless, each payment is covered by a money-back guarantee that refunds the price paid for the services if you discover that you were entitled to more tax returns based on the calculations from other tax prep solutions.
There is no surprise in the fact that TaxSlayer provides a tax preparation program with which your 1040EZs can be put together in no time. What’s shocking, however, is that by opting for this product you’ll also be entitled to file one of your state refunds entirely for free. But this software isn’t the only thing that TaxSlayer users can enjoy without paying a dime – they just need to think outside the box. In fact, one of the extra services – which is included in the top-tier programs – can be tested for 30 days during which unsatisfied users can ask for a full refund.
Even though the free versions of tax software aren’t as well equipped as their pay-only counterparts, having a solution with which tax returns can be filed for free is always appreciated. In that regard, TaxAct isn’t much different: it has a free version with free federal and state return filing, but even if there is a need to fill out additional tax forms then users can upgrade for free any time and even pay later. However, that’s not the end of TaxAct’s free services; in fact, users can try the company’s extra service, Audit Defense, for free and enjoy a complete report on their future savings without paying any additional fees.
When it comes to tax preparation solutions, companies usually offer a basic version of their software with which taxpayers can file 1040EZ forms for free. Unfortunately, that’s not the case with Liberty Tax since all of its products come with a cost – even if those prices aren’t actually too expensive. However, creating an account and filing federal taxes don’t require any form of payment; in fact, with Liberty Tax you can file five federal tax returns for the current tax year for free, as well as make amendments, add extensions, or file five additional federal returns for the previous two years.
In many instances, when choosing a tax preparation solution you are typically expected to decide in advance which package will be the one that contains all the necessary tax forms and features that you need, and often switching between tax prep plans is downright impossible. With E-file, however, users can file their tax returns on equal terms, as they are provided with a free account that allows them to add and remove forms as many times as they like and only pay for those that they actually file with the IRS. In addition to that, by opting for E-file’s advanced security package you’ll have the option to cancel within the first month of use if it isn’t suitable for your needs thanks to the money-back guarantee.