Best Tax Filing Software Solutions for 2024

Explore the top tax filing software options for 2024, offering affordable, easy-to-use solutions for simple and complex tax returns. From TurboTax to Credit Karma, find tools that streamline your tax submissions and provide professional support when needed. Save time and money with these industry-leading programs designed for a seamless filing experience.

Best Tax Filing Software Solutions for 2024

Engaging a professional accountant for your taxes typically costs around $275. However, if your finances are simple, using tax software provides a more affordable alternative. Choosing the right software based on your needs can save you both time and money while ensuring accuracy. Although some options are more expensive, they are still often less costly than hiring a professional. Below are top-rated tax software options in 2024 that simplify document collection and tax submission processes:

TurboTax
Widely regarded as a leading tax preparation tool, TurboTax enables users to import employer data via employer IDs, reducing data entry time. It allows scanning of W-2 and 1099 forms through mobile devices, decreasing errors. The software also features an “expense finder” for self-employed users, which automatically captures deductible expenses from bank accounts and categorizes them. Users can connect with tax experts directly through the platform. Cost begins at about $50 online.

H&R Block
Known for its intuitive interface, H&R Block guides users step-by-step through tax filing questions. It offers a comprehensive help center and access to professional advice on their website. The free version, “More Zero,” provides basic features, while the full premium costs approximately $100 and includes advanced tools for more complex returns.

TaxSlayer
Originally designed for tax professionals, TaxSlayer has been accessible to individuals since the 1990s. It provides a quick filing process with keyword-based navigation. Two main options are available: “Guide Me,” which offers guided assistance, and “Enter Myself,” suited for experienced filers. Prices start at around $40 for the basic plan and $55 for self-employed situations, with premium options adding support features.

Liberty Tax
In 2024, Liberty Tax offers users the ability to select specific sections of their return to work on, following task sequences with suggestions. Audit support is included in the price, with upgrade options for audit representation. Note that this software is not compatible with tablets or smartphones. It can be purchased via online codes, ranging from approximately $15 for EZ edition to nearly $40 for the full-featured version.

Credit Karma
Since 2016, Credit Karma has provided free credit score tracking and tax filing services for both state and federal returns. Capable of handling more intricate tax situations beyond simple forms, its user-friendly interface asks targeted questions to facilitate accurate calculations. While live support isn’t available, email assistance is provided. The service costs $30 monthly for regular users.