#Income tax software for professionals how to#
During our call, we asked the representative how to report business income reported on a 1099-NEC, which they answered accurately. We called TurboTax customer service and we waited less than a few minutes to speak with a representative. TurboTax’s customer service options include phone, email or chat.
These services may be worth the additional cost if you’re worried your return won’t be accurate, or you won’t get all the deductions to which you’re entitled. TurboTax Self-Employed comes with some great tools to help you file, including IRS audit risk assessment, a step-by-step navigation guide, and multiple ways to contact customer service. TurboTax Self-Employed is the most expensive tax software that we reviewed for the self-employed-but in exchange for higher costs, you get excellent customer service. Self-employed folks may need extra help filing their tax returns because of the many tax deductions available to them. For example, a self-employed person who purchases a building and wants to claim depreciation will need to be familiar with tax terms to complete their tax filing. While TaxSlayer SE handles most self-employed returns with ease, it can be more challenging to file when your situation is more complex. Tax expert assistance is also included in that cost, unlike other programs which will upcharge you for the privilege. Cash App Taxes only offers email or chat support. While you’ll spend around $85 to file your self-employed taxes with TaxSlayer, you get a lot of value for the cost, including a priority phone line. We weighted customer service heavily in our analysis as self-employed taxes can be complex and unintuitive. TaxSlayer SE charges less than $100 bucks for your federal return and one state tax return.Īnd while Cash App Taxes allows self-employed people to file their tax returns completely free, it lacks in customer service. TaxSlayer SE is less expensive than similar self-employed options offered by TurboTax and H&R Block, (they charge between $147 and $168 for filing your federal and state taxes). TaxSlayer Self-Employed is our favorite tax filing software for self-employed folks overall-and it’s also a solid choice for your bottom line.
#Income tax software for professionals plus#
Other programs, such as TurboTax, can cost about $170 to file both your federal and state tax return, plus an additional cost if you want tax advice from an expert. One of the biggest draws about TaxSlayer SE is that for less than $100 bucks, you can file both your self-employed federal and a state tax return electronically. If you don’t see the deduction you’re searching for, you must click “see more” to filter through the remaining items.
For example, after you click deductions, you’re provided a list of common deductions. If you don’t need the extra hand-holding, you can navigate directly to specific tax forms to enter your income and deductions-a much speedier option.īut while using TaxSlayer’s guided experience can be helpful, it may also slow you down if you’re searching for a particular deduction or business expense. You can select a guided interview, which walks you through a step-by-step process to help you file quickly and accurately. It offers a priority phone line, good customer service, and an easy-to-use platform to file your taxes. We selected TaxSlayer Self-Employed (SE) as the best choice overall for self-employed filers because it can handle complicated returns well for the best price among the big players.
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