TurboTax has long been the dominant player in the tax software market, but there are a number of other options available that may be a better fit for your needs. In this article, we’ll compare TurboTax to some of its top competitors and help you decide which software is right for you.
TurboTax
TurboTax is the most popular tax software in the United States, and for good reason. It’s easy to use, even for beginners, and it offers a wide range of features, including:
- A step-by-step interview process that guides you through your return
- Automatic import of your W-2 and other tax documents
- Error checking to help you avoid mistakes
- Live support from tax experts
TurboTax also offers a variety of pricing plans, so you can choose the one that’s right for your budget.
H&R Block
H&R Block is another popular tax software option, and it’s often compared to TurboTax. H&R Block is also easy to use, and it offers a similar range of features to TurboTax. However, H&R Block’s DIY filing options are less expensive than TurboTax’s, and the company edged out TurboTax in our overall ratings.
FreeTaxUSA
FreeTaxUSA is a great option for filers who want to save money. FreeTaxUSA offers a free federal return and a $15 state return. The software is easy to use, but it doesn’t offer as many features as TurboTax or H&R Block.
TaxSlayer
TaxSlayer is another affordable tax software option. TaxSlayer offers a free federal return and a $19 state return. The software is easy to use, and it offers a variety of features, including:
- A step-by-step interview process
- Automatic import of your W-2 and other tax documents
- Error checking
- Live support from tax experts
Cash App Taxes
Cash App Taxes is a relatively new tax software option, but it’s quickly gaining popularity. Cash App Taxes is free to use, and it offers a simple and easy-to-use interface. The software is also mobile-friendly, so you can file your taxes from anywhere.
Which Tax Software Is Right for You?
The best tax software for you depends on your individual needs and budget. If you’re looking for a comprehensive and easy-to-use software, TurboTax is a great option. If you’re looking for a more affordable option, H&R Block or FreeTaxUSA are good choices. And if you’re looking for a mobile-friendly option, Cash App Taxes is a great choice.
Here’s a table that summarizes the key features of each software:
| Feature | TurboTax | H&R Block | FreeTaxUSA | TaxSlayer | Cash App Taxes |
|---|---|---|---|---|---|
| Price | $0-$129 | $0-$115 | $0-$8 | $0-$68 | Free |
| Free federal return | Yes | Yes | Yes | Yes | Yes |
| Free state return | No | No | $15 | $19 | No |
| Step-by-step interview process | Yes | Yes | No | Yes | No |
| Automatic import of W-2 and other tax documents | Yes | Yes | No | Yes | No |
| Error checking | Yes | Yes | No | Yes | No |
| Live support from tax experts | Yes | Yes | No | Yes | No |
| Mobile-friendly | Yes | Yes | No | Yes | Yes |
TurboTax is a great tax software option, but it’s not the only option. There are a number of other software programs available that may be a better fit for your needs and budget. When choosing tax software, it’s important to consider the features that are important to you, such as ease of use, price, and customer support.
H&R Block Vs. TurboTax — Which Is Better For Filing Taxes?
FAQ
Is there a better option than TurboTax?
Is it better to go to H&R Block or TurboTax?
Who is TurboTax main competitor?
Can a tax preparer do better than TurboTax?
Is TaxAct better than TurboTax?
TaxAct tax preparation software isn’t far behind with a wide array of options allowing you to manage your own tax returns or get assistance from a tax expert, with savings over TurboTax. It doesn’t have a full-service option, though. Read on for a detailed comparison to see which is best for you. TaxAct vs. TurboTax
Is TurboTax better than accountant?
On the other hand, with TurboTax, you can file with the help of a tax expert at prices ranging from $80 to $200. Thus, TurboTax seems to be the winner in the battle of TurboTax vs accountant. Q #2) Where can I do my taxes for free? Answer: There are tax software out there that offer free filing for federal as well as state taxes.
Is TurboTax a good tax software?
TurboTax is No. 1 on our list of Best Tax Software of 2024, thanks to its intuitive interface and full array of options for anyone from the first-time filer to those with experience handling their taxes. You can handle your own returns, get assistance along the way, or hand everything to a tax pro if it’s too complicated.
Which TurboTax alternative is best?
Best for expert assistance with the premium and the higher price plans. TaxSlayer can be a beneficial TurboTax alternative. The classic plan covers all tax situations at an affordable price. The premium plan, which is a lot cheaper than the Premier plan of TurboTax, offers help from a Tax Pro.