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Online Tax Preparation and Filing FAQ

Frequently Asked Questions about Online Tax Preparation and Filing

    What is online tax preparation and how does it work?

    Online tax preparation services provide web based tax preparation tools that walk you through each step of the tax preparation process. Most will help you identify deductions for which you are eligible, which helps increase your tax return or decrease the size of your tax bill. Online tax preparation services also help you avoid costly errors, and some will reimburse you for any penalties and interest charges that are caused by inaccurate calculations. Some online tax preparation services also offer audit protection.

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Search our site for more information about Online Tax Preparation and Filing:

H&R Block
Rating:
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Bottom line: Best overall service provider due to Free Federal Return, good support and audit protection
TurboTax
Rating:
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Bottom line: Easiest to use service with best online deduction finder tools
TaxACT
Rating:
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Bottom line: Great value for online tax preparation and filing but lacks audit protection
CompleteTax
Rating:
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Bottom line: Standard service with a few cool extras including a Maximum Refund Guarantee
TaxBrain
Rating:
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Bottom line: Solid, streamlined service but interface and pricing are a bit confusing
TaxSimple
Rating:
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Bottom line: Very limited support and spotty service availability; not recommended

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