Best Tax Filing Services for 2024
With April 15th fast approaching, the clock is ticking for millions of Americans who have yet to file their 2023 taxes. If you are one of the procrastinators this year, don’t panic, but start taking steps to file your taxes on time and choose the best online tax filing service to suit your needs. While you’re likely eligible to file your taxes for free , with so many options available, choosing the right service can be challenging. Here are some of the most popular tax filing services, their pros and cons, and who they may be best suited for.
Intuit TurboTax
TurboTax is one of the most well-known and widely used tax filing services. It offers a range of options, from free filing of simple tax returns to more comprehensive packages for those with more complex tax situations.
Pros:
-
User-friendly interface and step-by-step guidance.
-
Extensive help resources including live support
-
Ability to import data for previous years or employers.
-
Guaranteed maximum return or commission refund
Minuses:
-
Can be expensive for more complex returns
-
Upselling additional services or products
Best for: Those with a relatively simple tax situation who value convenience and ease of use.
H&R block
H&R Block is another major player in the tax filing industry, offering both online and in-person services.
Pros:
-
Reliable online platform with reliable support resources
-
Possibility of personal assistance in local offices
-
Free filing of a simple declaration
Minuses:
-
An online product may be more expensive than competitors
-
Personal service fees can add up quickly.
Best for: Those who prefer a personal assistance option or have more complex tax situations that may require professional guidance.
Tax law
TaxAct is a more affordable online option that still offers a range of features and support.
Pros:
-
Lower prices compared to some competitors
-
Good support resources including live chat and video tutorials.
-
Free filing of a simple declaration
Minuses:
-
The interface may not be as user-friendly as some others.
-
Fewer handholding functions in difficult situations
Best for: Those who are budget-conscious and have a relatively simple tax situation who like a do-it-yourself approach.
FreeTaxUSA
As its name suggests, FreeTaxUSA offers free federal tax filing for all tax filers, with paid state tax filing options.
Pros:
-
Truly Free Federal Return Filing with No Income Limits
-
Clean, simple interface
-
Good support resources
Minuses:
-
Limited hand holding in difficult situations
-
Government filing fees, although relatively low
Best for: Anyone looking for a reliable, free, no-frills federal return filing option, especially those with a simple tax situation.
Cash App Taxes
Cash App Taxes (fka, Credit Karma Tax) is a prime example of truly free tax filing. If you’re determined to file your taxes for free, Cash App Taxes is for you.
Pros:
-
Really, really free
-
Supports basic IRS forms and schedules.
-
Simple and clear website and mobile application
Minuses:
-
Some forms and situations are missing.
-
No expert tax help
-
A Cash App account is required to use.
Best for: People who only have W-2 income and a few deductions and credits.
The closer the deadline, the more difficult it will be to get support from tax filing services if you have problems or questions. Their customer service lines and chat queues will be overwhelmed. Start now and beat the last minute rush. And if you’re having trouble, here’s how to finally reach a real person on the phone at the IRS .