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The software walks you through the tax preparation and filing process with a series of interview-style questions.Īs part of my review, I went through the process of preparing three sample returns. Preparing your tax return online with H&R Block is similar to sitting down with a tax preparer. If you want to pay your filing fee out of your federal refund, H&R Block charges an extra $39 processing fee for the convenience. While preparing your return, if you try to add income, deductions, or tax credits not allowed by the version you’re in, the software will prompt you to upgrade and tell you how much the more expensive package costs. If you’re not sure which package you need, you can always start with the Free option. Allows reporting of self-employment income, business expenses, and depreciation.Allows reporting of income and expenses from rental properties and pass-through business.Allows reporting of capital gains and losses.Allows itemized deductions, health savings account contributions and withdrawals, and freelance or contract income (but not expenses).

Covers W-2 income, unemployment benefits, the Earned Income Credit, Child Tax Credit, the standard deduction, and student loan interest deduction.Free filing of federal and state returns.

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