If you’re not afraid of being audited, and if you think you can handle most correspondence with the IRS on your own, the lower-cost FreeTaxUSA Deluxe version can provide you with what you need to handle the situation.
Though, you have to pay an additional $49.99 to get full-service audit help with TurboTax. TurboTax has a more robust version with its third-party service called MAX. However, FreeTaxUSA only offers its Audit Assist product if you pay for the Deluxe version.
#TURBOTAX VERSIONS HOW TO#
TurboTax and FreeTaxUSA both offer DIY audit support, meaning you get help learning how to respond to the IRS.
#TURBOTAX VERSIONS SOFTWARE#
Related: Compare the 7 Best Tax Return Software Programs TurboTax vs FreeTaxUSA: Audit Help You aren’t charged until you’re ready to file your taxes.
#TURBOTAX VERSIONS UPGRADE#
With TurboTax, you can start with one version and if you realize you have a more complicated tax situation, you can upgrade to another version. TurboTax also has an easy-to-follow question format that almost feels like you’re sitting down with a tax preparer to get a feel for your situation. It’s possible to upload forms as you get them, and work on different areas of your tax return. On the other hand, TurboTax is known for its feature-rich platform that does a lot of hand-holding. The interface is clean and easy to read and simple to use, even if it doesn’t take you through step by step. It works best if you’re ready to sit down and finish your taxes in one sitting. Plus, with FreeTaxUSA, you pretty much have to go in order of the tax form. FreeTaxUSA has fewer bells and whistles, though. TurboTax vs FreeTaxUSA: Filing Versionsīoth TurboTax and FreeTaxUSA are easy to use. Prices are up-to-date as of January 24, 2020. Those who have investments and rental propertiesįilers wanting unlimited guidance and help from a tax expertĬonfident filers needing minimal guidanceĬonfident filers looking for DIY audit support Homeowners and filers wanting to maximize deductions and credits Here’s what you need to know about TurboTax vs FreeTaxUSA. As long as you don’t have an unduly complicated tax situation, and you don’t need access to the same level of customer service, there’s a good chance that FreeTaxUSA will be sufficient for your needs. Additionally, it has a much lower price point. Additionally, TurboTax is often hailed for its feature-rich and intuitive platformįreeTaxUSA also has a user-friendly interface and is thorough. TurboTax covers more situations than its competitor, and is known for its customer service and trustworthiness. Both tax prep packages offer you the chance to do your own taxes, with free editions as well as paid features. Two popular software packages are TurboTax and FreeTaxUSA. Tax prep software can take you step-by-step through the process. Want to do your own taxes, but need a little help? There’s no shortage of tax prep software available for a variety of situations. This content has not been provided by, reviewed, approved or endorsed by any advertiser, unless otherwise noted below.
We may, however, receive compensation from the issuers of some products mentioned in this article. You can trust the integrity of our balanced, independent financial advice.
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