The best tax preparation software for your financial situation

NerdWallet Take: “TurboTax is generally pricier than everything else out there but while confident filers may not need all the bells and whistles its software offers, many people — especially with complex tax situations — will find the experience worth a few extra bucks.”TurboTax Self-Employed has everything the Premiere package does and it supports, as well as someone who has a home office. It includes a one-year subscription to QuickBooks Self-Employed.

TurboTax Live, a paid service, gives you unlimited live tax advice via video chat. You can also have a CPA or enrolled agent review your return before you file. If you want, they will sign the return and e-file it for you. Live also includes a year’s worth of tax advice.NerdWallet Take: “TaxSlayer is one of the best deals on the market. Its interface isn’t far off those offered by providers charging twice the price, but we think confident tax filers will fare the best.

In other words, TaxSlayer is best for someone who feels comfortable doing their own return without a lot of hand-holding. You can file a complex return even with the basic package. Tax help is available with the higher-priced products, and it’s a little different from the competition. With “Ask a Pro,” you submit a question and a tax professional responds within one business day via phone or email.NerdWallet Take: “TaxAct has been working overtime to compete against the bigger players, and this year’s suite of tax prep packages proves TaxAct is indeed a contender.

TaxAct provides most of the standard features, such as importing your W-2 and last year’s return. Help is available throughout the preparation process, but “other competitors have more robust-inline help,” NerdWallet said.

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