What’s the Best Online Tax Preparation Software? TaxAct vs TurboTax vs H&R Block

1

HR Block

In-Person Support During and After Filing. H&R Block has a network of more than 10,000 branches across the United States, making it easy to switch from online to in-person preparation if needed. TurboTax and TaxAct don’t have such support. H&R Block also offers free, in-person audit support for all online filers, a key perk for folks who worry that they might be audited. Its new Tax Pro Go service, wherein professionals put together your return within five business days using uploaded files, is a nice DIY-professional hybrid.

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2

TurboTax

TurboTax is another extremely popular online tax filing program. Though it doesn’t have a dense network of physical branches to back it up, TurboTax is owned by Intuit, one of the country’s best-known financial software firms. Despite a free version that’s appropriate for relatively simple tax situations, TurboTax’s plans are a bit more expensive than H&R Block’s – though Block has obligingly closed the price gap in recent years.

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3

TaxAct

Price Lock Guarantee. TaxAct offers a price lock guarantee to all customers at sign-up. Once you create your account, you’re locked into TaxAct’s pricing at that moment, even if you leave your return for months and TaxAct raises prices during the intervening period. Since tax prep companies frequently raise prices close to the filing deadline, this is great news for frugal filers. One caveat: TaxAct’s first price lock step-up happened extremely early in 2018 (for the 2017 tax year), on January 29. Another step-up occurred in mid-March. It’s likely that the 2018 tax year will play out in similar fashion.

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