How Does FreeTaxUSA Compare With TurboTax?

FreeTaxUSA and TurboTax are popular online tax filing services, but which one is right for you? This guide breaks down the key differences in pricing, features, and support to help you decide.

Pricing Comparison: FreeTaxUSA vs. TurboTax

A major difference between the two services lies in their pricing structures.

FreeTaxUSA Pricing

• Federal Filing: Free for all users, regardless of tax complexity.
• State Filing: Flat fee of $14.99 per state return.

TurboTax Pricing

TurboTax employs a tiered pricing model based on the complexity of your tax situation and the level of support you require.

• Federal Filing: Ranges from free for simple returns to $399 for complex returns requiring expert assistance. Specific pricing depends on the chosen plan (Free Edition, Deluxe, Premier, Self-Employed).
• State Filing: Varies from free to $59 per state, depending on the complexity and chosen plan.

Couple reviewing finances

Features and Support: A Detailed Look

Beyond pricing, FreeTaxUSA and TurboTax differ significantly in their features and support offerings.

FreeTaxUSA Features and Support

• Features: Offers all major tax forms, supports various filing statuses, and includes prior-year import for returning users. Four filing options (Basic, Advanced, Premium, Self-Employed) cater to different tax needs.
• Support: Primarily relies on an online user forum and email support. Audit assistance is available with the Premium plan or as a separate add-on for a fee.

TurboTax Features and Support

• Features: User-friendly interface with extensive guidance, step-by-step instructions, and error checking. Offers various filing options (DIY, Live Assisted, Live Full Service) to suit different user preferences.
• Support: Provides robust support options, including phone and chat support with tax experts. Live Assisted and Live Full Service plans offer personalized assistance.

Which Tax Software is Right for You?

Choosing between FreeTaxUSA and TurboTax depends on your individual needs and priorities.

Choose FreeTaxUSA if:

• You have a relatively simple tax situation.
• You are comfortable filing your taxes independently with minimal guidance.
• You are on a tight budget and prioritize free federal filing.

Choose TurboTax if:

• You have a complex tax situation (e.g., self-employment, investments).
• You prefer a user-friendly interface with step-by-step guidance.
• You value access to expert support via phone or chat.
• You are willing to pay more for a premium experience and peace of mind.

Making Your Decision

Both FreeTaxUSA and TurboTax are reputable tax software options. Consider your comfort level with tax preparation, the complexity of your return, and your budget when making your final decision.

Key Feature Comparison Table