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TurboTax vs H&R Block: Which Tax Software Is Best for Filing Your Taxes Online?

Advertisement For the last several years, the competition among personal tax preparation websites for our Editors Choice award has resulted in a photo finish. H&R Block has won the award once in recent years, but the top slot has most often gone to TurboTax. That said, both services work hard each year to improve and innovate, and no one should take the winner for granted from year to year we certainly don t. There are so many areas where TurboTax and H&R Block are similar, which is why they both scored 4.5 stars. They re comprehensive, and they cover all of the tax situations that an individual is likely to need to face. They even allow you to enter the details of complex transactions like investment sales. Both, for example, can handle virtual currency like bitcoin in your taxes. But there are enough differences in TurboTax s favor that it won the Editors Choice distinction this year.

Did You Work for Uber, Lyft, or DoorDash Last Year? Here s What It Means for Your Taxes

Did You Work for Uber, Lyft, or DoorDash Last Year? Here s What It Means for Your Taxes
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5 useful tools when you file your taxes with H&R Block

5 useful tools when you file your taxes with H&R Block Reviewed.com 2/12/2021 © Getty Images / blackCAT 5 useful tools when you file your taxes with H&R Block Recommendations are independently chosen by Reviewed’s editors. Purchases you make through our links may earn us a commission. A new year is underway, and millions of Americans are getting ready for tax season. The Internal Revenue Service will start accepting income tax returns on Feb. 12, and you have until April 15 to either drop your forms in the mail or file electronically. But just about everyone e-files, according to the IRS. And when you prepare taxes online, the software deciphers tax laws for you, finds potential tax breaks for your situation, and pours your information right into the forms. It’s a convenient, secure way to get your tax obligation done in a minimal amount of time.

H&R Block review 2021: Highlights and who should use it

Completely free option for simple tax situations at any income level Clear step-by-step guidance Free version covers W-2 income; unemployment income; retirement distributions; interest and dividend income; tuition and fees deduction; student loan interest deduction; earned income tax credit; child tax credit Who should use H&R Block? If you re doing your own taxes this year and, like me, willing to pay for convenience, you ll find an option that suits your needs at H&R Block. Anyone who hasn t filed taxes solo before or recently experienced significant life changes would benefit from the guidance H&R Block provides. My situation is pretty simple I have W-2 income, a health savings account, and interest income from a high-yield savings account. I don t own a home, have any dependents, or invest outside of my retirement accounts. I use the Deluxe Online package to prepare and file both my federal and state returns (more on the specs of this option below).

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