Is paying for TurboTax worth it?

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asked Feb 11, 2022 in Other-Finance by mypenguin (1,320 points)
Is paying for TurboTax worth it?

1 Answer

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answered Feb 12, 2022 by Beeterstep (2,620 points)
Paying for TurboTax is worth it.

I've used the free edition before and after signing up for the paid TurboTax I would not use the free version again unless I needed too.

When filing taxes and preparing income tax you want to get it done correctly and hiring someone or paying for a paid version of TurboTax or other tax filing software is worth it.

TurboTax is free with the free edition.

TurboTax also has a paid edition and paying for TurboTax is usually worth it if you can afford it.

TurboTax Free Edition: $0 Federal + $0 State + $0 To File offer is available for simple tax returns only with TurboTax Free Edition.

100% Accurate Calculations Guarantee: If you pay an IRS or state penalty or interest because of a TurboTax calculation error, we'll pay you the penalty and interest.

H&R Block is from my experience faster than TurboTax.

H&R Block is usually best for offline and in person help with filing income tax while TurboTax is more suited for those who want online help with filing income taxes.

You can qualify for free tax preparation if you meet the income requirements.

In order to qualify for free tax preparation or Free Tax File software your income must be $66,000.00 per year or less.

All you need is a computer and an email address in order to get started on the Free Tac File website.

Free File must be accessed through the IRS.gov website in order to qualify for the free offers.

H&R Block Free Online tax filing service offers more for free than TurboTax Free Edition.

Students will love the fast, easy features, while parents can get info about the Earned Income Credit and Child

Tax Credit, including the IRS letters needed before filing.

If you're unsure on how to prepare your Taxes yourself then hiring someone to prepare your taxes for you is the best thing to do.

You don't want to file the taxes wrong and filing taxes can be complicated.

But Tax Filing software and websites make it easier.

I've always used H&R Block for filing taxes and they've always been good at it.

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