![]() At the end of our test run, we were advised to "double check" our return because we might qualify for job search or moving expense deductions. Tax advice is very limited, too-and in some cases outdated. Although the software was generally easy to use, navigation options were minimal. Liberty Tax does offer audit assistance and ID theft restoration services, but that costs an extra $30. Likewise, we were never asked if we wanted to import information from a prior-year return when starting returns for our hypothetical taxpayers. For example, unlike some other tax prep software programs, you can't import information from a W-2 or 1099 form. It's a stripped-down product when compared to its competitors. Those prices are pretty high considering that you don't get much in terms of additional features. At some point we expect prices for the Deluxe and Premium versions to go up to $65 and $90, respectively (and maybe higher). However, we don't expect that pricing scheme to last until April 15. When we road-tested their products at the end of January 2020, all three editions were the same price-$45. Which one you use depends on the complexity of your return. Website: Liberty Tax offers three versions of their online tax software: Basic, Deluxe and Premium.Cons: Functionality and tax help are limited.Pros: Same price for all editions (as of press time).(For more information about our hypothetical taxpayers, scroll to Methodology slide at the end of this article). The second return was for a married couple with a young child and a mortgage. The first return was for a single taxpayer with just W-2 income. To help keep everything equal, we created two fictional tax returns using each product. ![]() Our goal is to identify the online products that provide the best overall value. In addition to reviewing, we ranked them based on cost, ease of use, tax help and more. We're here to help.Īs in previous years, we reviewed nine of the most popular online tax preparation software programs for 2019 returns, including TurboTax, H&R Block, TaxAct and others, to help guide you to the right program. But you're unsure of which program to use. You've gotten your W-2s and any other paperwork, such as a 1099 for your investment income, in the mail, and you're ready to sit down and do your taxes (which aren't due until July 15 this year). ![]()
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