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Best Online Tax Preparation Services 2018: Turbo Tax vs. H&R Block vs. Tax Act (Bonus Review)

Below are several recommendations for the best online tax services. They all feature free filing for basic federal tax returns that only use the 1040EZ form to enter W-2 information

H&R Block

H&R Block is another great option and you are probably familiar with their local branches located across the country. They also have a very sleek interface, but, is arguably slightly less user-friendly than TurboTax. But, you can file an itemized return for free & your state return and save $95 compared to using TurboTax!

H&R Block is the cheapest way to file your itemized federal and state tax return of the “Big 3” tax prep programs.

A new addition for 2018 is the option have an H&R Block tax professional review your return for any errors or deductions you might have overlooked. This Tax Pro Review add-on costs $49.99 for the “More Zero” plan and up to $89.99 if you’re self-employed.

How Much Does H&R Block Cost?

H&R Block has three different pricing plans. If you have W-2 income & can itemize, you will most likely be able to file for free using the More Zero plan!

  • H&R Block More Zero: $0 Federal & $0 State
    • Can “itemize” (Schedule A) & claim Earned Income Credit for free
  • Deluxe: $34.99 Federal & $36.99 State
    • Submit HSA tax information, unreported tips, and access additional perks like storing your return for 6 years & the advanced deduction finder
  • Premium: $54.99 Federal & $36.99 State
    • Use to file Schedules C-EZ (Self-Employment Income Less Than $5,000), Schedule D (Investment Income), or Schedule E (Rental Property Income)
  • Self-Employed: $74.99 Federal & $36.99 State
    • Schedule C (Self-Employed) to file self-employed income greater than $5,000 or to record asset depreciation

Pros

  • File an Itemized Return for Free
  • Can file basic 1099 Freelance & Contractor income and expenses for reduced rate
  • Can take a photo of your W-2 to upload information
  • Free prior-year data import for every filing option from any tax prep program you used last year

Cons

  • Not as user-friendly as TurboTax, but, still very good.
  • Still cheaper to file Schedules C, D, or E with TaxAct

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