It’s equally important to have access to all of the credits, deductions, and income reporting you need to maximize that tax refund (or minimize your final bill). Cost is definitely a factor, but it’s not the only thing to consider when choosing the best tax software. We tested online tax filing software programs for the 2021 tax year, including TurboTax. With TurboTax, you can easily upload your tax information-even if you've previously used other services. It also includes specialized deductions for self-employed individuals. TurboTax Self-Employed ($119 + $49 state filing fee): Claim both personal and business income. TurboTax Premier ($89 + $49 state filing fee): This upgrade covers investments (including stocks, bonds, and cryptocurrency) as well as rental property income. You'll need this tier if you received unemployment income. TurboTax Deluxe ($59 + $49 state filing fee): The Deluxe version could help you lower your tax bill by giving you access to more than 350 deductions and credits, including the mortgage interest deduction and child care tax credit. It includes W-2 income, the Child Tax Credit, the Earned Income Tax Credit, and the student loan interest deduction. Note that the prices listed here are the standard retail prices you may find promotional discounts or coupon codes to save money on your purchase.įree Edition: This product doesn’t cost anything to file simple federal or state taxes. There are four product tiers to choose from, depending on your tax needs. Free version doesn't include unemployment incomeįilers can access TurboTax software three ways: online, through a CD, or as a digital download.
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