which is best free tax software for 2016

Whether you’re filing as someone with just a single W-2, or you’re self-employed and in need of a Schedule C and itemized deductions, Cash App Taxes has you covered. Filing your State Tax return is always FREE.Filing your Federal Tax return is always FREE.Their tax filing service is straightforward and I think I can sum it up in two simple statements. The Best Free Tax SoftwareĬash App Taxes - Best for Individual Tax FilersĬash App Taxes (formerly Credit Karma Tax) is a fairly new service and they’ve certainly made a splash. The price for the downloadable versions is listed at the end of the article. Note that the costs listed below are for the online versions of each tax software. To help you sort through this mess, let’s take a look at the offerings of all five companies, as well as the individual editions, and the charges related to each. But just how much you pay will depend on the service you choose and your individual tax situation. But these options won’t cover more than the most basic tax situations, so be sure you know what you need as you shop around.īottom line: Unless you have a very basic tax situation, you’ll likely have to pay something for your tax return software. Each of these providers has a very attractive free package. What is vitally important in selecting the least expensive tax software is making sure that you get the right one based on your individual income tax situation. As a result, it is essential to compare competing versions between the providers, not just prices. Each has several editions with varying features. Comparing these options to find the cheapest can be a real chore. There are five major tax preparation software packages on the market that most do-it-yourself tax preparers will use: Cash App Taxes, TurboTax, TaxACT, H&R Block, and eSmart Tax. This content has not been provided by, reviewed, approved or endorsed by any advertiser, unless otherwise noted below. We may, however, receive compensation from the issuers of some products mentioned in this article. You can trust the integrity of our balanced, independent financial advice.

Which is best free tax software for 2016