Are you a resident of the United States? Check out some of these best online tax filing for free!
Introduction
Filing taxes is not a fun activity but is something important you have to do when you are a grown up! Employing the use of good online tax software usually helps to lessen the burden of filing taxes! Using appropriate tax software ensures that the work that goes into preparing to file taxes is done efficiently. There are some really good free tax software that allows you to file your taxes online for little to no costs in the United States!
How does Tax Software work?
In simple terms, Tax software works by collecting tax forms from the IRS. After which, they are transformed and turned into a format for people to file their taxes. They make it simple for people to understand better and are not meant for just tax professionals.
The tax software comes with a variety of questions to understand your finances better. It also comes with questions regarding your financial situation, potential deductions and credits, income streams, and so on, which you have to answer correctly. Once the questions are answered, the software will automatically provide you with tax forms based on your answers. In short, tax software is a type of program that helps to file taxes on your behalf in online method.
Things to look out for when choosing an Online Tax Software Provider
Filing taxes is never easy and so is choosing a tax software provider that is best suited for you! Here are four important tips to follow, when choosing the right Tax Software Provider on online.
Choose a Provider that is easy to use
Filing taxes can be pretty exhausting. So, if you are already bored, try to find a software provider that is simple and easy to use and understand. Opting for complicated features will only make this task more challenging. Go for a provider that comes with easy navigation menu, customer service, and whether or not the software provides a test drive option before paying for the product.
Costs and Fees
The main motive of employing the use of tax software provider is to save money on an accountant. It is important that you compare the prices and choose the right costs that fits your budget. However, it is more important to make sure that, you are not paying any additional fee for filing your taxes with the state or the federal government. In addition to that, it is also advisable that you opt for a provider that comes with money-back guarantee if you think it is not working for you.
Options of Free Filing
For people with a simple tax return, that includes a W2 income and a few tax deductions, it is most likely that they will help you to file your taxes for free. There are many tax software providers on online that is offering options of free filing for simple returns. And, by which you may also qualify for the IRS Free File Program’s tax options.
Customer Support services
While it is important to choose a software provider that comes with many filing options, a provider with good customer support is always a bonus! Not everyone has expert knowledge on filing taxes or has the time to file one. And as such, it is nice to have customer service support to offer free advices for all tax filers!
5 Best Online Tax Filing Software
Here are some Best Online Tax Filing Software in the US!
E-file.com
E-file.com is a tax return filing software program that is perfect for tax filers who are already experienced and are looking for a more self-guided tax filing experience. They are easy to use and most importantly cheaper than other software programs. This is ideal for people who have working knowledge on taxes and can file their taxes without little to no assistance from an accountant. E-file.com also offers additional services like free federal tax returns and state tax returns at just $21! The users of this program gets the opportunity to choose whether or not they wish to upgrade their plan to unlock more additional premium features.
TurboTax
TurboTax is one of the best online tax filing software top file taxes! They come with many special features and tools. For instance, FAQ videos to help tax filers and questions to identify tax deductions and credits, and many more explanatory videos of why you should file taxes or why you are legally obliged to file taxes. At TurboTax, they have special feature of simple tax returns only for free. It also advises their client to upgrade to a premium plan if they have other deductible expenses. For instance, charity donations, mortgage interest, and so on. [s]
H&R Block
H&R Block Free Online is another tax filing software. Here you can freely do your taxes from beginning to end without many complications. Tax payers can add student loan interest and other higher educational related tuition and additional fees as valuable deductions, when you file with the standard deduction. So yes, this is the perfect tax software if you have student forms or a w2 forms and bank interest income to file your taxes.
Keeper Tax
Keeper Tax is another great online tax filing software. It is best suited for solo entrepreneurs and business owners who manage their personal and professional income in one account. The users are given a free trail for 7 days. After which they will need to pay a certain amount as membership fees. The prices of which depend on the type of plan they opt for. [s]
Jackson Hewitt
Jackson Hewitt has been in this market for more than 30 years and in over 5,500 locations. At Jackson Hewitt, one can file their taxes online or in person, from the nearest branch office. Although they do not have mobile app, you can find their official website on the internet. The cost of filing your tax depends on various factors. For instance, the profile of the taxpayer, complexity of tax returns, and many more others. If you are confused on how to go about it, tax filers can always contact customer support at Jackson Hewitt for further assistance.
