Selecting good software for filing online inome tax return
People do ask me everynow and then - "Which software should I use to file income tax return?" With so many products out in market, people become overwhelmed.
Which software is good, which one is bad, which one is fraud? Will this software give me maximum refunds, will it be me quickest refund? All these points & questions keep boggling in the mind which sometimes make some people panic!!
Well, here is the list of factors that you should keep in mind when selecting the online tax return software. After each factor, we'll remove the names of softwares from our list that do not meet the criteria -
1. What is the image of company? Is it reputed? Does it has good customer base? How many people use it?
This will filter the list of products you are considering. If I consider the above questions, the products that are top and have excellent image are -
- Turbo Tax Software - The leader when it comes to filing online tax return
- Tax Act online
2. How complicated is your return?
If you have to claim a lot of deductions, then you need to go with a software which has that kind of provisions. However if you feel that your return are very straight forward, then you can go ahead and use softwares that can file your returns very cheap or even free.
With the above points, I'll shortlist the online tax return products as -
- Turbo Tax Software - It has 4 version of softwares - Basic, Premium, Deluxe and FREE version for meeting the needs of different form of returns
- Taxact - Mostly known for free online returns.
I am removing HRBlock since I guess it does not provide Free Service.
3. What are the guarantees the tax return software companies are making?
The kind of guarantees the company make will help you understand how confident are they about their product.
Common forms of guarantees are that the fastest refund will be offered, tax returnswill not contain any error etc etc.
Considering this criteria, the tax companies that give excellent guarantees are -
- Turbo Tax Software - Not only it claims to give you fastest refund, Turbo Tax also claims that it will give you Maximum Refund!! Now, thats some guarantee!
- HR Block - Gurantees Worry-Free audit support.
With above factors in mind, now you can decide which online tax return filing product you should choose and which will allow you to have a good experience .
When I consider the above points, Turbo Tax Software Stands out. Not only it provides excellent support, it also gives very useful guarantees. Each year millions of people use Turbo Tax Software products and number of people is growing with each year!
You should also take advantage of Turbo Taxe's various products such Free version, Premium, Deluxe and SmallBusiness version. Decide which one is good for you.