Question: What is the Best Income Tax Preparation Software - TurboTax or TaxCut?
Answer: Both TurboTax, by Intuit, and TaxCut, by H&R Block, will accurately prepare and e-file your income tax return. The main difference is in how easy to use they are. And since we are all about reducing tax season stress, choosing the most ergonomic software is critical.
TurboTax has a much better informational interface than TaxCut. With TaxCut, you are basically filling out an electronic version of the IRS forms. That means you have to know what it is talking about in the first place. TurboTax asks you easy to understand questions. It fills out all the necessary forms from your answers.
The easiest thing to do is to take a box of receipts and drop them on your accountants desk. But if you do it yourself and want an efficient and organized way to prepare you income tax return (plus a little help understanding what they are asking for), then TurboTax is the best pick, in my opinion.
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