Both Freetaxusa and Turbotax are popular tax filing services, but there are some major differences in their features and pricing. Let us compare Freetaxusa vs Turbotax these two to some important points:
Price Definition
Freetaxusa:
- Federal Tax Returns files for free.
- State tax filing is a charge of $ 14.99.
- The deluxe package for more advanced features is $ 7.99 fee.
Turbotax:
- The free version is only for ordinary tax matters (eg W-2 salary).
- If you have 1099, investment, or other complex income, the premium plans of Turbotax start at $ 59, and a separate charge for state tax filing.
User Interface
Freetaxusa:
- It provides a straight and simple interface, but is not as interactive and guided as Turbotax.
- This may be suitable for users with more technical understanding.
Turbotax:
- The interface of Turbotax is highly interactive and user-friendly. It guides every step and asks for information through questions and answers.
Support
Freetaxusa:
- Support is available through email and knowledge base. Live chat or phone support is available only in Deluxe package.
Turbotax:
- Turbotax provides live support, phone support, and help from tax experts (on extra charge), giving it a more detailed support option.
Freetaxusa vs Turbotax -Features
Freetaxusa:
- Free filing for Federal Tax Return, but may lack advanced facilities like audit support.
- The option of audit assistance is found in the deluxe package.
Turbotax:
- Turbotax provides more advanced features, such as the automatic calculation of imported data, investment tax, and real estate tax.
- In addition, there is also an option to talk to live CPA experts (at additional fees).
Also Read :- How to File Cash App taxes in the USA?
Audit Assistance – Freetaxusa vs Turbotax
Freetaxusa:
- Audit assistance option is found in a deluxe package of $ 7.99.
Turbotax:
- Turbotax provides audit assistance in its premium plans, but it can be more expensive.
For whom is better?
- Freetaxusa may be better for those whose tax filing services is simple and they are looking for cheap service.
- Turbotax is good for those who require more features, support, and guided process, and which are ready for complex tax cases.
Freetaxusa vs Turbotax Conclusion:
- If you want simple, low -cost filing service, Freetaxusa can be a good option.
- If you need a broad, user-friendly, and supported experience, Turbotax may prove to be better, but it will cost more.