While TurboTax is an excellent product, it definitely comes at a premium. I’ll get into the details of each of these plans later, but for now let’s touch on pricing. If you have any semblance of complexity in your tax situation whatsoever, you’ll likely need to pony up for one of TurboTax’s paid editions, be it the Deluxe, Premier, or Self-Employed. In fact, the TurboTax Free Edition is quite limited compared to the H&R Block Free Online Edition.īelow is a table comparing what you get with the TurboTax Free Edition with what you get with H&R Block Free Online.Īs you can see, the H&R Block Free Online Edition provides support for far many tax situations than the TurboTax Free Edition. If your tax situation is more complicated than that, you’ll need to use one of the paid editions.
The only problem is that your tax return has to be extremely simple for you to qualify to use the Free Edition.
#Which turbotax for s corporation professional
If you would otherwise qualify to have your return prepared for free, this TurboTax Live service is specifically called TurboTax Basic.īut if you qualify for a free return through TurboTax Free Edition, I’m not really sure if you need a professional to look over your return because your return is likely quite simple. TurboTax Live: If you would like a real tax expert to review your “free” return through TurboTax Live, you will have to pay a fee for both federal and state review.
#Which turbotax for s corporation software
Unlike some tax software that gives you a free federal return but then makes you pay to file your state return, the TurboTax Free Edition is free for both your federal and state returns. The good thing about the TurboTax Free Edition is that it’s truly free. I like to start my tax software reviews by discussing the free version of the software since I know that this piece of information is all some of my readers want to know about.
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