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Best Tax Software Of October 2024 – Forbes Advisor

Why We Like It 

One thing that stands out about H&R Block is its in-person help option. Let’s say you are preparing your tax return online but decide you need professional guidance. Unlike other online tax software options, H&R Block allows you to turn it over to an expert to complete your tax return.

You can make an appointment at one of its 9,000-plus office locations. The most significant advantage is that filing fees start at $89 (plus additional costs for your state tax filing).

Whether you opt for its online or offline version, H&R Block stands out as a good choice for individuals with straightforward tax filings, such as a basic W-2 and a few deductions. Its user-friendly interface and comprehensive features make it a top contender in the tax software market. Its free online version allows you to file both federal and state taxes at no cost. Other software programs, like TaxAct and eFile.com, offer free federal filing but then upsell you to a paid version to file your state taxes.

Of all the competitors we evaluated, H&R Block covers the widest variety of common filing scenarios, including most tax return situations for parents, college students, retirees and employees.

Also, H&R Block has no income restrictions on who can file for free. Programs such as eFile.com and TaxSlayer offer their free filing option only to users with annual incomes of $100,000 or less.

What We Don’t Like 

If you don’t qualify for the free version, H&R Block can be pricier than its competitors. The online tax provider charges $55 to file a federal tax return, increasing to $49 per state. You can expect to pay more if you opt for other features like online assistance.

Who It’s Best For 

H&R Block’s free online version is great for someone with a simple tax return that includes wages, limited interest income, earned income tax credit, child tax credit and unemployment income. Most importantly, it would work well for anyone who may want professional guidance.

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