Tax TimeTop 5 Tax Softwareby William Perez I have thoroughly tested dozens of tax software programs over the years, and this year finding the best tax software is a daunting challenge. I have put each software program through three tax scenarios, including making sure the software is up-to-date on the latest changes in the alternative minimum tax. TaxACT is highly recommended for people with relatively straightforward tax returns to prepare. TaxACT's appealing price and premium features makes it a top choice for many. The feature I like best is that TaxACT uses your tax return information to prepare a college financial aid worksheet. This will help parents and students in filling out their FAFSA applications. No other tax software offers FAFSA worksheets. Quick and easy tax preparation in an updated interface, TaxCut is ideal for simple tax returns. H&R Block, the makers of TaxCut, have done a good job of making data entry screens easy to read. H&R Block offers "Worry-Free Audit Support" to defend your tax return in the event of an IRS audit; audit support is included in the price of the software. TurboTax is very quick and easy for simple tax returns. My favorite feature inside TurboTax is their 401(k) Maximizer to help people save more for retirement without decreasing their take-home pay. I found it harder to find less-common data entry screens, but TurboTax's live community provides easy access to relevant help and support if you have a question. CCH CompleteTax offers a simple user interface, allowing you to enter data and answer interview questions in a no-frills environment. CompleteTax however expects you to be firmly in the driver seat. CompleteTax is the fastest of all the software programs for a complex tax return. The clean, simple user interview format makes maximum use of the computer screen, so you don't waste time answering just one question at a time. You can prepare your taxes and electronically file your return for free using one of the IRS Free File websites. The IRS has teamed up with nineteen software companies to make tax preparation free or low-cost for most Americans. You must begin at the IRS Free File page. If you go directly to the company's website, you won't qualify for the free service. Some of the participating software vendors are top-notch. | 
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