H&R Block starts the process with a brief Q&A about COVID-19 and how that might affect your 2020 tax filing. Once you’ve chosen your filing option the path forward is pretty basic: Enter your information in a step-by-step manner. ![]() Note that, at any point in time, you can choose to use a tax professional, even if you started doing your taxes on your own. As always, because H&R Block has brick and mortar locations, you have the option of working with a professional virtually or you can choose to be with them in person at your local Block location. In this year’s version of the online app, the first question you’ll be asked is if you want to file your taxes on your own or if you want to use a tax professional. First-time TaxAct users need to go through the process of adding personal information before they can begin a return.Īs noted earlier, H&R Block has long provided the option to work with a tax professional while filing your taxes. If you’ve used TaxAct in the past it will import your prior year’s tax return into your new return and then ask you to confirm that your personal information is still correct. TaxAct joins the competition in offering live assistance as an option of its online service. No matter what, if you’re in a state that requires you to file taxes, you’ll need to spend an additional $20 to file your state return. Additionally, TaxAct now offers a feature called TaxAct Xpert Help, which you can use to consult a tax professional for an extra $35 per return. TaxAct offers four tiers for personal taxes, from a free filing option, which costs nothing for qualified filers, to a self-employed option that costs $65. TaxAct’s initial interview begins at the sales screen where you pick the package you need to file your taxes. ![]() It is the only online tax filing program that allows you to file corporate taxes and it can also import information from your K1 directly into your personal income tax filing. ![]() TaxAct is inexpensive, easy to use, and is the product I’ve used for both my business and personal taxes for the last several years. Note that all the prices listed for each of these products was the price at the time this article was written and every company charges more the closer you get to April 15.
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