I've never done my own taxes. And unfortunately, it, AOS not because I have so much money and so many investments I need the help of a professional. No, it, AOS because until now, my parents always introduced to me.
This year, however, will be different. This year I do my own taxes, for the first time. Since I, AOM feeling rather intimidated by this daunting task, I really want a tax preparation service to help me. So naturally I, AOM turning to NextAdvisor.com reviews and comparison chart to help me decide which service tax preparation is good for me.
I need to file a federal return and the return of the State of California. Since I have to file a state, free deposit is not an option. But I'd still rather pay a relatively small fee, especially as my financial situation is fairly simple. On the other hand, since I AOVE never filed my own tax return before, I would prefer a service that will provide in-depth guidance and reassuring throughout the process.
After reviewing the comparison table of statements and deposit preparation services, I initially considered TaxBrain, because of my uncertainty about my financial needs. Rather than choosing a tax package right away, you fill out a short questionnaire, and TaxBrain generates the appropriate forms for your specific financial situation. I find this attractive unique feature. But after reading the Tax page of preparing and filing services FAQ, I decided that I would be able to fill out a 1040EZ, since my income is less than $ 100,000 a year my taxable interest is not more than $ 1,500, I have no dependents and I do not need to itemize my deductions. Since TaxBrain bill $ 14.95 to file a 1040EZ, while most other tax preparation services allow you to place a free, I decided that TaxBrain would not be a profitable choice for me.
Then I think TurboTax because it is the highest rated tax preparation service NextAdvisor.com, and in the bottom line, it is the easiest service to use and provides the best tools deduction finder online. TurboTax also includes the protection of the audit. However, I find TurboTax, AOS only indicate the cost of a little high at $ 34.95. Also, since I am preparing to file a 1040EZ, I won, AOT be my retailer deductions, I would not use this feature TurboTax.
I then considered TaxAct, which is the cheapest of the services reviewed on NextAdvisor.com and, according to the bottom line, offers the best overall value to the online tax preparation and filing. TaxAct does not offer the protection of the audit, which would be nice to have, but given my financial situation, I am reluctant to spend the extra money for this insurance. TaxAct does offer unlimited email support, which I appreciate, since the tax return filing process is new to me.
After considering my options, I decided to use TaxAct to file my federal and state returns. Although I prefer a service with the protection of the audit, I am ready to go without it to save money. With TaxAct, I can file my federal return for free and pay only $ 13.95 for my return to the state, which is certainly a good value. I am convinced that is TaxAct tax preparation service my needs.
For more information on returns and filing preparation services, read our review and comparison table.