When it comes to doing taxes, people are very careful that they are getting great tax advice from a well-qualified accountant. One of the main reasons for this is because people are very aware that if the accountant doesn’t know about everything there is to know, there could be risk of a lower tax refund than potential, or worse; an IRS audit, which is terrifying to say the least.
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Speaking of the phenomenon how can somebody feel secure with free tax software, when there is surely less emphasis on the total possible tax refund than with a in-person demonstration and review of the taxes with a qualified tax accountant? This is one of the main reasons that people tend to shy away from free tax software, but it is not always the case. In a lot of scenarios, the free tax software offered by reputable companies is actually quite good, and is capable of delivering one of the highest possible tax refunds available. Because of the new technology available with tax software, people have saved a lot of money with tax refunds by not having to solicit individual tax advice from an accountant.
So what are the top free tax software programs available that people can use and file their taxes with for free? There are many, many software titles available in the very saturated market, but here are some of the highest reviewed free tax software titles available in today’s market:
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1) TurboTax free edition
The free edition of the market leader in tax software is actually quite comprehensive. It is one of the nations favorite ways of filing a 1040EZ tax form, the form that people who are w-2 employees file at the end of the year (or in February) for a potential tax refund, or in some cases the amount that the tax payer owes to the government. There is also the exclusive and awesome bonus of having a free hotline you can call to speak to a TurboTax representative, who is happy to help you with any issues you may have when you are filing your tax return. A really awesome feature is that the tax helpline will offer you some light tax advice if the rep is able to answer your question; this can be one of the most valuable free resources that you can find.
2) Quicken Free Edition
Quicken is not a tax software specialty program, but the functionality can really help you file your 1040EZ tax form without any issues. It is a very popular choice especially among consumers who do not have extremely difficult or personalized tax issues that they need special attention for. The software is less recommended than TurboTax free edition, as TurboTax Free Edition offers the value of a free tax credit hotline where you can get free advice, but it is still a great option for the simple tax refunds that you are looking for.
Although there are many other tax programs that are available online, these are some of the industry tops, and they are there for a good reason.