What is the best income tax preparation software? H & R block deluxe or Turbo tax Deluxe? These two software programs are the best at home income tax preparation and the choice of which one to choose will depend on your specific tax situation. Listed below are some of the comparisons of these two tax income software programs.
1. Price. Turbo Tax Deluxe is consistently more expensive than H&R Block. At times the price of TurboTax can be double the price of H&R Block. Turbo Tax claims that the reason for such a high price is its accuracy of information and it has fast answers to your tax questions.
2. Features These two have almost the same features used in income computations but when using the same identical information on either software, Turbo Tax gives a higher tax refund than that of H & R Block Deluxe.
3. Technical and online support. They both offer convenient and helpful technical support both online and via other media. Tax experts on online communities will answer all tax related questions posted by users. The Turbo Tax site helps users by answering there questions before using the software whereas for H & R Block users must first use the free return online before their questions are answered. A person can download a Free Turbo tax software package from their website. H & R block offers support on investments and retirement income at the same price as tax returns but as for Turbo tax deluxe you have to buy Turbo Tax Premier to access these services.
4. Audit Support H&R block has a consolidated price for all services included services for audit services whereas with the Turbo tax program you have to pay an extra premium for audit support insurance for you to be provided with a tax professional to assist you in case you are being audited.
5. Self Employed Persons Turbo tax does not support data from self employed persons. If you are self employed and you want to use this software you will have to upgrade your software to a higher version at a higher price to do so. H & R Block Deluxe has support for self help individuals and this module is included in the initial cost of the product and no upgrades are necessary.
6. Ease of use. The Turbo Tax system is easy to use since it has self explanatory and easy to follow questions. This is especially useful to persons starting tax return preparation since it offers a smooth ride. H & R Block can be used by seasoned persons used but for starters they will have a problem since there are a few spots which will not make sense to him/her.
H&R Block Deluxe or TurboTax Deluxe?