Have you made your New Year’s Resolution to finally get organized? It’s never too late! As the year comes to an end, many people are considering the best way to organize their taxes. This year, we have a few suggestions for you.
Whether you are looking for a tax software that is simple and easy or one that offers more features and flexibility, these will be helpful in your search. Here are the top tax software options for this year.
The Top Tax Software Options for 2022
1. Quicken Starter Edition
Quicken Starter Edition is the best option for a basic tax software that is easy to use. It has a straightforward interface and will help you accomplish the most common tax tasks. This includes importing your W-2 and inputting deductions from your paychecks, but you can also export to the TurboTax program if you prefer more features.
2. TurboTax Deluxe
TurboTax Deluxe is ideal for people who need more than just a quick and simple solution. This program offers different levels of service, depending on what you need out of your tax software. For example, there are three levels of service: Basic, Deluxe, and Premier. Each level offers different perks such as free state filing and extra help with tricky areas of taxes like investments or rental property income. You can also choose whether or not you want an audit defense which provides assistance should the IRS scrutinize your return after filing it or if they request additional information about your return in the future.
3. H&R Block Tax Software
H&R Block Tax Software is another good option because it’s user-friendly and comes with many helpful features including audit defense and online customer support that operates 24/7, 365 days a year via chat, email, phone call, or live video chat. If you like having access to assistance at any time of day, this might be a better choice for you than TurboTax Deluxe which only offers live chat between
TurboTax
TurboTax is a well-known tax software used by many people. It’s one of the easiest to use, and it’s also affordable. If you need something that has all of the most common features, TurboTax is a good option.
H&R Block
One of the most popular tax software options is H&R Block. H&R Block offers a few different packages, including their most basic package, which costs $49.99 and includes federal filing only. If you want to file your state taxes as well, then you will want to opt for their Deluxe package, which costs $89.99.
The Deluxe package includes federal and state filings, but also offers some additional features that the basic package does not offer. One of these features is an interview mode that allows you to enter information about yourself and your finances without typing it in manually. If you are looking for software with more features than just federal filing, this might be the option for you!
TaxSlayer
TaxSlayer is a popular choice for many people because it offers simple navigation and an intuitive interface. TaxSlayer provides a range of services, including filing state and federal returns, creating custom tax forms, and exporting your tax information to TurboTax® and H&R Block at Home® software. A plus is that all the features are available for free.
Jackson Hewitt Tax Software
If you’re looking for a tax software that is easy to use and straightforward, Jackson Hewitt may be the perfect choice for you. This software offers tax preparation for both individuals and businesses as well as helpful tips on how to save money by claiming deductions.
Some of the other features this software offers are one-on-one live chat with a licensed tax professional, smart scanning that allows you to import documents from your computer, and free W2 verification.
UFile
The UFile is one of the simplest tax software options available. It helps you fill out your tax forms by asking questions and then filling in the appropriate information.
TaxAct
TaxAct is a software that is easy to use and offers a few features such as the ability to file your taxes electronically and receive your return in seven days. TaxAct also has a free version which includes many of the features of the paid version.
Which Tax Software Is Right For You?
Not all tax software is created equal. Some might be better suited for your specific needs. It’s important to consider the features you need, as well as the size of your company and how many employees you have.
Tax software for beginners
If you’re looking for an easy, basic tax software, we recommend H&R Block. It does the job without a lot of fuss. You enter your information and it compiles your taxes for you. If you are looking for something with a little more detail, then TurboTax is a good option. They offer many features to help you file your taxes efficiently and accurately.
Tax software for intermediate users
If you’re looking for something that is fairly simple and easy to use, then try TaxSlayer Pro. It offers a variety of features that make life easier. You can complete your taxes in as little as ten minutes with this software.