Tax software is essential and the world is full of them. However, most of us often went for TurboTax initially before switching to other brands, as they emerged gradually with more benefits than the former.

Yes, TurboTax is indeed counted as one of the oldest tax software that was launched in the market but gradually it lost its importance. First released in the 1980s Turbotax is a tax preparation software discovered in America. Back in the 1980s, there weren’t many software people could use to prepare their taxes. Hence, Turbotax gained huge popularity very fast due to efficiency and cost-effectiveness. However, in the present, we are blessed with numerous software that we can try to prepare our taxes and that too at a comparatively less cost.

Therefore, as it stands now, people hardly go for TurboTax, even if they do, they change their brand the second time around. This is because most of the features that Turbotax used to offer people have become costly and less effective. Also, most other tax software, on the other hand, are offering their packages, which are more than efficient and cost less. Furthermore, a majority of them work just like Turbotax. Therefore, if you have been a Turbotax user then you can easily avail of the other tax software without any issues.

If you are still wondering which tax software you can opt for that can match the good old TurboTax and even outperform it in a great many respects, then read on!

Credit Karma Tax

Credit Karma Tax

Credit Karma Tax has earlier been effective as a free online credit score checker. Besides, it also helped in monitoring the overall service of a customer. However, Credit Karma lately expanded their business and included an additional product that offers tax preparation.

If you are looking for software appropriate for federal and state taxes then Credit Karma will offer you that for free. Credit Karma Tax would offer you whatever you would get from TurboTax Free Edition. Besides, you can additionally:

  • Deduct mortgage interest
  • Deduct property tax
  • Other itemized deductions
  • Schedule B: Income from interest and dividend
  • Schedule C: Profit or loss from business
  • Schedule E: Income from rental property
  • Schedule D: Capital gains and losses
  • Schedule SE: Self-employment tax

FreeTax USA

FreeTax USA

If you have been using TurboTax, then FreeTax USA is quite similar to it and thus, it would not be hard to switch over to the latter. Moreover, if you use FreeTax USA, you would also be getting the forms needed by the self-employed persons, rental income, and K-1 forms or they need to take the home office deduction. Furthermore, you can also import the returns of the previous year from TurboTax, H & R Block, and TaxAct or any other software that you were using previously. Therefore, it is important to know that with FreeTax USA you would not be starting from scratch. The customer support is also commendable with FreeTax USA because they can walk you through all the processes comprehensively. Getting free amended federal tax returns is another benefit that you will be entitled to.

H & R Block

H&R Block

If you are used to TurboTax, then you can easily switch to H & R Block without any hassles. This is because they are quite similar to each other. Apart from many facilities that you were already getting with TurboTax, with H & R Block, you can also get the child and dependent care expenses, student loan interest deduction, tuition and fees statements, and health coverage exemptions.

Moreover, you also need to know that with TurboTax you would be eligible for only one state return. However, if you are using H & R Block you can be eligible for multiple state returns. Also, you can avail of any additional charges.

Ready to Check Them Out?

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If you have been using Turbotax Alternative and want a break from this software or are yet to use tax software, then H & R Block, Free Tax USA, and Credit Karma Tax are some of the viable options out there!

Choose one of this popular software to dissolve your tax-related problems faster than you can think of! So, try them now!