This tax prep comparison review has been updated for 2024 tax return filing (and 2023 tax year returns). Tax season has officially kicked off and deadlines have been released by the IRS; if you haven’t started e-filing yet, now would be a good time to find the best program online that can assist in this task in 2024.
If you are already comfortable using one tax prep software, making your decision may be easy: choose the version appropriate to your situation this year at an affordable price (discount offers are below to assist), and file promptly to get it over with and receive any refund due. Otherwise, finding a suitable tax preparation program online may prove more complex.
Start with knowing what features come with different programs – even those with similar names (e.g. “Free”, “Basic”, Deluxe”, Premium” or Self-Employed”). Make sure your IRS forms are covered based on how complex your filing is; “free” versions typically cover only basic 1040 filing needs, lacking coverage for many different forms and tax situations.
As no two tax software packages offer identical features, their tax expert advice and support may differ (or be unavailable altogether); audit protection varies (or is nonexistent altogether); in-person support (if needed) differs (and forms supported differ too), data import capabilities also can differ, etc.
So in this tax software comparison review, my goal has been to provide you with an efficient cost comparison breakdown of federal and state e-filing costs, key feature comparison, limitations, as well as special links with discounts (in the “Link to Best Promo Discount” row of the chart below and “The Best Tax Prep Discount Promo Codes” section below), so you can get the cheapest (or even free offers!) available for each popular tax preparation program.
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