What are some highly rated professional tax preparation software?


Quick Answer

TurboTax and TaxAct are two highly regarded tax preparation software options, notes the official website of each company. Each option has a different fee structure to file taxes for a maximum refund.

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Full Answer

TurboTax has software that searches over 350 tax deduction options, notes the organization's website. The software also comes with 24-hour support. Some of the options allow taxpayers to understand implications of filing single, having children, owning a home, maximizing deductions and credits, selling stock or owning a business.

TaxAct offers multiple payment products including free, basic, plus and premium, according to its website. These options differentiate based on the level of complexity associated with a return. TaxAct aims to maximize credits and deductions, track donations and report on investments and rental income.

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