Variety of services offer help for simple to complex returns
For those not eligible for free-file, each company has its own rules and pricing, but TurboTax, the most popular service, gives you a choice between filing and purchasing the software. If you use the online service, you’ll pay separately for each return you file . If you purchase the software the price includes preparation and printing of unlimited federal tax returns and e-filing of up to five federal returns, which may be more economical for some families.
One advantage to TurboTax and some other programs is their ability to pull in data from online sources such as banks and investment companies as well as your W2 forms from some employers. This not only saves time, but eliminates a lot of potential errors, including simple typographical mistakes when entering numbers.
Even if you rely on a professional to prepare your returns, you may want to take advantage of a free service from TurboTax. You can start entering data for free and pay only when you’re ready to file. I’m using a CPA this year, but I’m still going through the process of entering my data into TurboTax to take advantage of a feature that tells me what I owe or will get back based on what I’ve entered so far.
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