A List of 5 Free Tax Preparation Programs That Offer Accurate Results

The IRS has teamed up with professional tax organizations to help develop free or low cost alternatives to help Americans pay their taxes. Many of the fast, free tax preparation programs are alternatives to an upgraded, costly tax program.

One of the best tax preparation programs on the market is the TurboTax Freedom Edition. This software is reliable and accurate. It can catch typos made by a taxpayer, which is one of the most common mistakes made when filing a tax form. The free version is available to individuals who make less than $30,000 per year. Filing a federal tax return is free with this software, but a state return costs $9.95.

Another excellent tax preparation program is H&R Block’s TaxCut Program. The program is easy to understand with a fast turnaround time. It requires internet explorer and state returns cost $24.95 to file with this software.

TaxACT is a reliable and accurate tax preparation program. It will detect a typo on the form, and this makes it a great choice when filing for your taxes. A state return will cost $12.95 with this software, but a federal tax return is free.

Tax Engine is another fast and accurate tax preparation program. The user interface is nice, and the program can calculate payroll taxes automatically on a W-2 form. A state tax return with this software will cost $10.

If you are looking to file a federal and state tax return together for no charge, TaxSlayer can provide this. The user interface on this program is sleek and fast, and it is relatively easy to use. 

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