I know this isn’t what you want to hear, but the clock is ticking on tax returns. I hear it very loudly! To help you get started on your taxes, here are the cheapest and most expensive ways to file. Prices include the cost of filing your federal and state returns.
- How we file: The vast majority of filers – 62% – do their taxes themselves using software, according to a poll of 2,200 people conducted by GetRichSlowly.org and MoneyRates.com showed. Just 23% were going to pay someone else to prepare the tax return, and a whopping 10% will file returns by hand. A lucky 5% will lean on a friend or family member to do their taxes.
- Buying tax software? Get an extra tax discount when you purchase the software through Ebates. Current cash back rebates are 15% back on H&R Block, 10% back on Turbo Tax, and $10-$37.50 on Intuit QuickBooks.
- Most expensive tax online filing: According to Get Rich Slowly, the pricey prize goes to ExpressTaxRefund, which costs approximately $70 .
- Cheapest tax online filing: GRS found the least expensive option is TaxHawk, which costs a big fat $0.
- Most expensive tax software: Turbo Tax (Intuit), which charges approximately $90 to file.
- Cheapest tax software: Tax Act is just $23.
- You need help! Hiring someone to do your taxes may cost hundreds of dollars.
- File for free! I found five ways to file your taxes for free.