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Best Reviewed
Tax Preparation Software
- Best tax software for complex returns TurboTax Premier 2011 *Est. $75
- Best tax software for most TurboTax Deluxe 2011 *Est. $50
- Tax software for simple returns TaxACT Online Ultimate 2011 *Est. $18
- Best free tax preparation TaxACT Free Edition 2011 *Est. $0
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- Intuitive interview process
- Superior guidance and support
- Good for complex returns
- Extra tools not useful for basic filers
- Expensive
- Charges extra to e-file a state return
March 2012: A new version of this software is available. Please see our review of TurboTax Premiere 2011 (*Est. $75).
February 2011: If your tax return is complex, reviews overwhelmingly recommend TurboTax Premier as the best tax-preparation software to help you through. TurboTax features a comprehensive interview process, including such complicated topics as multiple stock sales, business deductions, depreciation, mortgage refinancing, rental income and expenses, and reviewers praise its guidance and comprehensive support for less common scenarios.
The boxed and downloadable versions of TurboTax Premier include federal software and one free download of state software; state electronic filing costs an additional $20 each, but five free federal e-files are included with each package. If you need only one federal e-file and no state software -- and you don't mind doing your taxes via a secure Internet site -- you can save some money by using TurboTax Premier Online 2010 (*Est. $50). All versions are compatible with Windows and Mac. However, if you don't need the extra tools for stock sales or rental property, experts say TurboTax Deluxe 2010 (Discontinued) is a better buy (it costs $30 for the online version). If you have a straightforward tax return, or don't need much assistance, TaxACT Online Ultimate 2010 (Discontinued) is fast, accurate, and a great value -- even e-filing of a state return is included at no extra charge.
We found lots of useful reviews of TurboTax. PCMag.com and The New York Times provide the most in-depth coverage, testing TurboTax Premier with actual or dummy tax returns. About.com tests TurboTax Deluxe, but expert Shelley Elmblad recommends all versions of TurboTax. MarketWatch.com compares TurboTax with its rivals based on their features. We found plenty of user reviews for boxed version of this software at Amazon.com.
| TurboTax Premier Federal + e-File + State 2010 [Download] [OLD VERSION] | |
(66 reviews) In Stock. |
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Our Sources
Tax expert Kathy Yakal tests the online versions of four top tax programs -- TurboTax, H&R Block At Home, TaxACT and CompleteTax -- by using them to complete dummy returns. Her usual favorite, TurboTax, wins again this year. She finds TurboTax Premier Online the most usable program, with the best tax guidance.
Review: TurboTax Premier Online (Tax Year 2010), Kathy Yakal, Feb. 3, 2011
Tim Gray tests the premier boxed versions of TurboTax, H&R Block At Home and TaxACT. TurboTax Premier does the best job with his family's taxes, he says, pulling in investment information without a hitch and smoothly deducting a lean-burn vehicle credit for the family's new Volkswagen.
Review: Tasting Three Flavors of Tax Software, Tim Gray, Feb. 12, 2011
3. About.com
Shelley Elmblad, About.com's guide to financial software, tests the deluxe versions of TurboTax and H&R Block At Home. TurboTax gets a perfect .5-star rating, just edging out 4.5-star H&R Block . (Note: ConsumerSearch is owned by About.com, but the two don't share an editorial affiliation.)
Review: TurboTax Tax Software Review, Shelley Elmblad, Jan. 24, 2011
MarketWatch.com's Eva Rosenberg doesn't come right out and name a favorite, but she praises TurboTax's helpful extras, like a feature that provides values for donated items and its "nifty" visuals.
Review: Five Top Online Tax-prep Services, Eva Rosenberg, Jan. 28, 2011
5. Amazon.com
TurboTax software gets the highest ratings overall from users at Amazon.com, and TurboTax Premier gets the highest ratings of all -- 4 stars out of 5 based upon about 50 customer reviews. When we checked early in the tax season, most of the negative comments came from buyers who couldn't get the software to work with Windows 7.
Review: TurboTax Premier Federal + e-File + State 2010, Contributors to Amazon.com
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