Best Tax Software of 2022

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Best Tax Software of 2022

TurboTax features a user-friendly design that makes filing your taxes fast and straightforward. It’s a simple online experience on mobile and desktop that meets the majority of tax filers’ demands.

  • Easy-to-navigate online interface

  • Excellent mobile tax filing experience

  • Newer option to upgrade for additional support

TurboTax is the leading supplier of tax preparation software in the United States. TurboTax is produced by Intuit, a significant financial software firm that also produces Mint, a personal finance app, and QuickBooks, an accounting software platform.

TurboTax Online is offered in four different versions. The service costs $79, $119, $169, or $199 depending on the complexity of your tax return (with discounts frequently available).According to TurboTax, the most popular version is the $59 Deluxe edition. A state tax return costs $44-54 per state. You may be able to receive a lower price depending on when you purchase.

TurboTax Live includes the assistance of a qualified tax professional. Of course, these bundles are more expensive. When you join up for TurboTax Live, you have access to a tax expert on demand. For individuals with more intricate problems or queries, the extra expense may be worth it.

When compared to the competition, TurboTax’s distinguishing characteristics include its enhanced interfaces and tax form submission capabilities. You may, for example, import W-2 and 1099 information from various employers and financial institutions without having to manually fill the documents. This gives it the edge in our study for filing convenience.

TurboTax comes with a 100% accuracy guarantee and a maximum reimbursement guarantee. It comes with free audit advice and a money-back satisfaction guarantee for 60 days.

  Tax Deferred Definition
$79 + $44 per state$119 + $54 per state$167 + $54 per state$199 + $54 per state
Includes W-2, unemployment, EITC, and child tax creditsEverything in Free plus includes tax breaks for homeowners, charitable donations, and many more deductions and creditsEverything in Deluxe plus investments, rental properties, and cryptocurrenciesEverything in Premier plus freelance, contractor, and small business income
Higher cost for live and full-service optionsHigher cost for live and full-service optionsHigher cost for live and full-service optionsHigher cost for live and full-service options

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