I filed my taxes for the third year in a row with H&R Block.
Although I didn’t qualify this year for free filing, I gladly paid $67 for H&R Block’s Deluxe Online package to file my federal and state returns.
Preparing and filing my tax return with H&R Block was simple, quick, and helped me get my maximum refund.
Ultimately, it’s cheaper than TurboTax and more helpful and comprehensive than free options like Credit Karma Tax.
Learn more about H&R Block »
It’s no wonder H&R Block is a leader in tax software.
Taxes can be overwhelming and confusing, even for the well-versed. I love that H&R Block simplifies the process without dumbing it down. Each step provides clear instructions and comprehensive explanations of tax concepts and forms. The interface is easy to navigate and you can save your progress at any point and return to the same page later.
This is my third time filing taxes with H&R Block, and even though I had to pay to upgrade for the first time this year (and hit a minor roadblock while doing so), I still think it’s the best option out there for me.
H&R Block pricing
As part of the IRS Free File Alliance, H&R Block offers free state and federal filing for taxpayers between the ages of 17 and 51 with an adjusted gross income (AGI) of $69,000 or less and active members of the military. I qualified for free filing in 2018 and 2019, but this year I just missed the mark.
You can still file for free with H&R Block if your AGI is over the cutoff if your tax situation is very simple. Because I have a Health Savings Account (HSA), I wasn’t able to.
Free Online: $0. H&R Block’s free version supports W-2 income, interest income, dividend income, retirement distributions, the student loan interest deduction, and the Earned Income Tax Credit, which is more than TurboTax covers for free. However, you can’t itemize deductions.
Deluxe Online: $50 (currently on sale for $30). Everything the free version includes, plus the mortgage interest deduction and Health Savings Accounts (Form 1099-SA), and you can itemize.
Premium Online: $70 (currently on sale for $50). Supports everything in the Deluxe version, plus rental property income and freelance/contractor income below $5,000. You can also import mileage and other expenses from common tracking apps.
Self-Employed Online: $105 (currently on sale for $80). This is the highest-tier online package offered by H&R Block. It’s ideal for self-employed people, including small business owners, partners, and contractors who earned more than $5,000.
The fees above are for filing your federal return. If you’re filing a state return, you’ll need to pay an additional $37.
My situation is pretty simple — I have W-2 income, an HSA, and interest income from a high-yield savings account. I don’t own a home, have any dependents, or invest outside of my retirement accounts. I opted …read more
Source:: Business Insider