Looking for the best tax software to use in 2022? Whether you’re looking for a free or paid option, there are many different software systems available that can help you easily and efficiently manage your tax filings. In this article, we’ll compare the key features of some of the most popular tax software systems on the market today, so you can find the best option for your needs.
What is the Best Tax Filing Company?
There are many different tax filing companies out there, each with their own strengths and weaknesses. Some of the most popular include TurboTax, H&R Block, and TaxACT. All three of these companies offer a variety of different plans to cater to different needs, so it’s important to compare the features of each before choosing one.
How to Choose a Tax Software
When it comes to the best tax software 2022 has to offer, there are many different options to choose from. There are several factors that you’ll want to consider when it comes to finding the right software for you and that includes:
Ease of Use
When it comes to something as important as your taxes, you’ll want to make sure that the software you choose is easy to use and understand. The last thing you want is to be struggling with a complex system when it’s time to file your taxes.
Costs and Fees
Another important factor to consider is the costs and fees associated with the software. Some systems are free to use, while others charge a monthly or annual fee. It’s important to compare the costs of each system before making a decision.
Free Filing Options
If you’re looking for a free tax filing option, you’ll want to make sure that the software you choose offers this option. Not all software systems offer free filing, so it’s important to check before making your decision.
Customer Support Options
If you run into any issues while using your tax software, it’s important to have access to a reliable customer support team. Many of the best software systems offer live chat and phone support, so be sure to consider this when choosing your system.
Better Business Bureau Rating (if any)
The Better Business Bureau is a great resource for checking the reliability of a company. If a company you’re considering has a good rating with the BBB, that’s a good sign that they’re a reliable and trustworthy option.
When choosing a tax software, it’s always a good idea to check the Better Business Bureau rating. This can give you an idea of the company’s reputation and how they handle customer complaints.
Best Tax Software 2022
There are many different tax software systems available on the market, each with their own unique features. Let’s take a look at some of the most popular options and the features that each of them can offer:
TurboTax
TurboTax is one of the most popular tax software systems available, offering a wide range of features to help you easily and efficiently file your taxes. Some key features include intuitive navigation and user-friendly design, free filing options for simple returns, 24/7 customer support, and more.
Base Price
TurboTax has several different editions: Free Edition, Deluxe, Premier, and Self-Employed. You can try all versions for free, but only the Free Edition offers free filing. This is for simple tax returns only. Deluxe comes in at $59, Premier at $89, and Self-Employed for $119.
Free Version
Yes, TurboTax offers a free filing option for simple returns. What’s covered in the free version of TurboTax?
- W-2 income
- Limited interest and dividend income reported on a 1099-INT or 1099-DIV
- Claiming the standard deduction
- Earned Income Tax Credit (EIC)
- Child tax credits
- Student Loan Interest deduction
What’s not covered in the free version of TurboTax?
- Itemized deductions
- Unemployment income reported on a 1099-G
- Business or 1099-NEC income
- Stock sales
- Rental property income
- Credits, deductions and income reported on schedules 1-3
Mobile App
The TurboTax app is a quick and easy way to set up a filing profile and enter your tax information. You can securely submit your info and file your tax return with ease.
H&R Block
Another popular tax software option is H&R Block, which offers a wide range of features to help you easily and accurately file your taxes. Some key features include free audits support, free in-person audit assistance with an enrolled agent or CPA, easy navigation and user-friendly design, and more.
Base Price
H&R Block offers a few different options to file your own tax returns: Free, starting of course at $0, Assistance, starting at $24,99, and Protection, starting at $44,99.
Free Version
The free version of H&R Block’s tax software allows for a stress-free way to file your simple tax forms. Included with the free version is:
- Automatic return optimization
- Personalized Guidance
- Online Help Centre
- Auto-Fill My Return (AFR)
- SmartSearch
H&R Block offers online assistance 24/7 to help you with any questions you have while filing your 2022 taxes.
Mobile App
MyBlock is H&R Block’s easy-to-use mobile app. With the app, users can file their taxes, manage their H&R Block Mastercards, and receive updates on the status of their taxes.
TaxAct
TaxAct is another popular tax software option that offers a range of features to help you easily and accurately file your taxes. Some key features include easy navigation and user-friendly design, free filing options for simple returns, customer support available 24/7, and more.
Base Price
TaxAct is similar to TurboTax in that it has four editions: Free, Deluxe, Premier, and Self-Employed. Their Free edition is the most popular and offers filing for simple tax forms. Deluxe starts at $46.95 to file and is suitable for filers with loans and children, Premier is for filers with investments and starts at $69.95, and Self-Employed is of course for those with personal and business incomes and it starts at $94.95.
Free Version
The free version of TaxAct offers all the basic filing information when filing a simple tax return, including filing for spouses and dependents. Additional features of the free version include:
- Prior year import
- Personalized My TaxPlan
- ProTips
- Deduction Maximizer
Mobile App
TaxAct Express is the free mobile app that TaxAct users can download. It’s compatible with both iPhone and Android and allows users to prepare and file federal and state tax returns from anywhere at any time. With the app, you can directly deposit your tax refund into your linked account for quick and easy turnaround.
TaxSlayer
TaxSlayer is another great tax software option with a range of features to help you easily and accurately file your taxes. Some key features include free filing options for simple returns, customer support available 24/7, easy navigation and user-friendly design, and more.
Base Price
There are several filing options for those who utilize TaxSlayer: Simply Free, which allows you to file basic 1040 tax forms for free, Classic, the most popular version and the best value starting at $29.95, Premium, which starts at $49.95, and Self-Employed for business owners, which starts at $59.95
Free Version
TaxSlayer’s Simply Free offers filing for a basic 1040 tax form. With this version, you can prepare, print, and e-file your tax return as well as upload a prior year return. You’ll receive phone and email support whenever you need it.
Mobile App
TaxSlayer offers an easy and simple mobile app for those interested. Along with a 100% guarantee to get you the most out of your return, TaxSlayer offers the use of a refund calculator and the ability to file from any of your devices for your convenience!
Credit Karma
Credit Karma is a fairly new tax software option that offers a range of features to help you easily and accurately file your taxes. Some key features include free filing for simple returns, customer support available year-round, easy navigation and user-friendly design, and more.
Base Price
The easy-to-follow steps of Credit Karma are 100% free from start to finish!
Free Version
There’s only one version of Credit Karma and it’s all free! From using the refund calculator to filing to receiving your refund, you won’t pay a penny!
Mobile App
Yes, there is a free Credit Karma app to make this simple process even more accessible. You can file, track, and receive tips on how to get the most out of your filing experience from anywhere at any time.
Jackson Hewitt
Jackson Hewitt is yet another tax software option with a range of features to help you easily and accurately file your taxes. Some key features include free filing options for simple returns, customer support available year-round, easy navigation and user-friendly design, and more.
Base Price
There are three options when filing with Jackson Hewitt: Filing in person, filing by yourself online, and filing with an online tax pro. When you file on your own, you pay $25. Filing with a pro will cost $99.
Free Version
While creating an account with Jackson Hewitt is free, filing online costs a minimum of $25. If you’d like, you can book an in-house appointment to discuss options with a Jackson Hewitt professional.
Mobile App
MyJH is an app available for iPhone and Android and is incredibly easy to sign up for! With this account, you can do so much including:
- Share and store documents
- Upload your tax docs and get access to your tax return(s)
- Live chat with our Customer Care team
- Track your refund
E-file.com
E-file.com is an online tax software option with a range of features to help you easily and accurately file your taxes. Some key features include free filing options for simple returns, customer support available year-round, easy navigation and user-friendly design, and more.
Base Price
E-file offers a Free Basic package, which is for those filing with an income below $100,000 and are filing a basic report. E-file’s Deluxe package starts at $29 and is suitable for those filing a W-2 and 1099 tax form. The Premier package starts at $39 and is for those filing with an income over $100,000 or filing for self-employment or investment forms.
Free Version
The Basic E-file package is meant for simple filing for single or married tax filers. Although suitable for strictly the W-2 income only, the free version still offers free amendments, free e-filing, and auto-downgrades on your tax forms.
Mobile App
As simple and easy-to-use as E-file.com is, there is no mobile app to track your status throughout the process. You can, however, easily check online and receive details about your tax return.
Which Tax Software Gives the Most Refund?
Using the right tax software can help ensure you get the most refund possible. TaxSlayer, Credit Karma, and Jackson Hewitt all offer a range of features to help you easily and accurately file your taxes so you can get the most out of your return. When it comes to getting the biggest refund, it’s important to consider the base price, free version, and mobile app offered by each software.
Based on features such as free filing options for simple returns, customer support available year-round, and easy navigation and user-friendly design, TurboTax is the best tax software for getting the biggest refund. With the best reviews and range of services, TurboTax can help ensure you get the most out of your tax return. So if you’re looking for the best refund, be sure to try it out today!
Our Pick
Looking for the best tax software to get the biggest refund? TurboTax is the top choice, thanks to its range of features and great reviews from users. Whether you’re filing with an income below $100,000 or are self-employed or investing, it offers free versions and affordable paid options to help ensure your return is accurate. Plus, with the TurboTax mobile app, you can easily track your status and get details about your tax return. So if you want to maximize your refund, be sure to try TurboTax today!
When it comes to affordability, Credit Karma is the best tax software. It offers a Free Edition for simple returns, as well as a Deluxe and Self-Employed option for more complex filings. Plus, with the Credit Karma app, you can easily track your status and get details about your tax return. So if you’re looking to save on your taxes, be sure to try it out today!
Want to Ditch the Software and Just Hire Someone?
Sometimes, you just want to take responsibility out of your hands and give it to someone else. Both Jackson Hewitt and H&R Block offer the opportunity to meet with a tax professional in person. If you’re looking to just hire someone, book a consultation with one of these tax professionals today!
The Bottom Line
No matter what your tax situation is, using the best tax software can help ensure you get the most refund possible. It’s important to keep in mind that what’s good for one person may not be the best for another. Take a look at your needs and priorities and choose the right software for you!
If you need more information on helpful tax information, check out more great articles from Wealth Factory!
