TurboTax Vs HRBlock: Which Software is the Right Choice for Filing a Tax Return?
TurboTax and H&R Block software programs are popular in the United States, which provide tax preparation services for individuals and businesses. It helps you submit returns with expert advice utilizing advanced tools.
Therefore, as a business owner or a single taxpayer, if you find filling out your tax returns a baffling task, these two are worth it for you. You can explore essential details about TurboTax Vs HRBlock, pricing, and features in this write-up. If you’re a business owner, you may also need payroll accounting services to manage your employees’ taxes efficiently.
So, stay till the end!
TurboTax VS HRBlock: A Quick Overview
TurboTax and H&R Block are two of the most popular tax software programs in the United States, offering tax filing services. Additionally, they provide a wide range of products to help individuals and businesses, including do-it-yourself, online access, and access to human tax professionals. For small startups, it’s often beneficial to combine TurboTax with accounting services for startups to ensure proper financial management from day one.
Let’s take a look!
TurboTax Software
TurboTax is a good choice for most people because of its deep tax preparation support and abundance of resources. It has a user-friendly interface that allows you to navigate the software effortlessly.
H&R Block
H&R Block is one of the most renowned tax preparation software companies, with over 20 million users. It has a straightforward interface with more budget-friendly packages, live assistance support, and in-person audit presentation. You may also want to maintain smooth cash flow during tax season by using cash flow management services
For in-depth guidance about TurboTax vs H&R Block or which is right for your preferences, skim through the section below.
TurboTax Software: Explained
Here, you can explore TurboTax features, pricing details, customer support, accuracy, and audit assistance for detailed guidance. Using TurboTax alongside bookkeeping services can help track expenses and deductions effectively.
So, dive in to understand how this software works!
Ease of Use
Here are the following features of TurboTax:
- Guided Experience
The software uses a question-and-answer format to guide you deeply and fills correct information on the tax form.
- Intuitive and Polished Design
Users praise its clean, smooth, and well-designed user interface. It allows you to scroll the desktop version effortlessly.
- Data Import
You can quickly add information by importing data from the previous year’s returns or by taking a photo of your form W-2.
- New Intuit Assistance
The new AI-powered assistance helps you check errors, offer real-time help, and answer your query in no time.
- Audit Support
If you receive an audit letter from the IRS, the software provides an auditing facility to you in all packages, through online accessibility.
Pricing Details
Now, get pricing details in the breakdown table to choose the right package plan for estimating your accounting equation.
| Pricing Details | File Taxes Process | Additional Charges |
| Starting at $0 | File your own taxes | State additional for paid products |
| Starting at $79 | File taxes with expert help | State additional |
| Starting at $129 | Let an expert file your taxes | Price includes W2 and 1040 forms |
Customer Support
TurboTax offers its users live community support, free help channels, and an AI assistant for general tax questions. If you purchase a “Live Assisted Package,” there are various tax professionals available from 5 am to 9 am PT. You can also integrate your filings with year-end accounts services for comprehensive reporting.
Moreover, during the peak tax season from mid-January to the April deadline, experts are available on demand in Live Assisted and Full Service packages. You can also call TurboTax at 1-800-4-INTUIT (1-800-446-8848) to get expert assistance and inquire about more details.
Online Guarantees
Here is the list of guarantees provided by the TurboTax services.
- Tax Return Lifetime Guarantee: It is a promise that covers your tax return for up to seven years after it’s filed with a combination of accuracy, maximum refund, and audit support.
- Maximum Refund Guarantee: They will return the preparation fee or other charges if you get a larger refund using other tax methods.
- 100% Accurate Calculations Guarantee: If you pay any penalty or interest to the IRS due to errors in calculations, TurboTax covers the cost of your loss.
- Audit Support Guarantee: If the IRS sends you an audit report on your tax return, they will provide you with an informational resource, but not a presentation.
- Additional Guarantees: Full-Service Guarantee, Business Tax Guarantee, Expert-Approved Guarantee, and Satisfaction Guarantee.
Why is TurboTax ideal For You?
- You can enjoy a do-it-yourself tax submission with tax professionals’ advice, if needed, on the software.
- It maximizes your tax return through automated suggestions for deductions and credits.
- With the availability of helpful resources and a user-friendly interface, you can seamlessly submit your tax liability.
After acquiring essential knowledge about TurboTax software, you’re all set to learn more about H&R Block. This way, you can simply identify TurboTax Vs HRBlock to make informed decisions.
Also Read: What is Tax Topic 152? Explore Important Tips to Get a Faster Refund
H&R Block: Explained
You will examine H&R Block’s features, pricing details, customer support, and list of guarantees here. As a result, it is beneficial for you to choose the best fit for calculating your tax, like the Medicare Tax and the K1 Tax Form.
Let’s take a look at the next section!
Ease of Use
Here are the features of the H&R Block software:
- Wider Free-Tier Coverage
The software covers more common tax situations than TurboTax for free, including student loan interest, education credits, and unemployment income.
- Tax Pro Review
For an additional fee, you are facilitated with a tax professional to review, sign, and e-file your self-prepared file return. It adds an extra layer of verification to your filing status.
- Stronger Audit Support
H&R Block has a “Worry-Free Audit Report” option, which includes a full IRS representation, instead of some basic audits.
- Access to Live Expert Help
On paid tiers, the software provides unlimited access to tax professionals through call and chat services with no additional charges. It is worthwhile for you to submit the file return without errors.
- DeductionPro Tool
This tool helps to estimate the real-time market value of donated products or items, which in turn maximizes charitable deductions.
Pricing Details
Have a look at the table below for understanding the paid tiers of H&R Block:
| Pricing Detail | File Taxes Process | Additional Charges |
| Starting at $0 | File taxes on your own | Simple returns only |
| Starting at $60 | File your taxes with expert help | +$49 per state filed |
| Starting at $99 | Let a tax pro file for you | +additional state fee |
Customer Support
H&R Block offers AI-powered assistance and access to live tax professionals from a single dashboard. However, you must opt for paid tiers to get help from an expert. Besides this, you can visit a local office to inquire more details about filing tax services.
Furthermore, they list a general phone number (1-800-472-5625) or a feedback number (855-508-0833) regarding policy and accessibility.
Online Guarantees
Here, I’ve mentioned the list of all H&R Block guarantees that are beneficial in case of errors.
- No Surprise Guarantee: It promises clear and transparent pricing, process, auditing, and a mid-year check-in.
- Maximum Refund Guarantee: “Refilling is free.” If you find a larger refund or smaller tax liability from a different tax preparation method, H&R Block promises to refund the charges.
- 100% Accuracy Guarantee: It reimburses you for any IRS penalties and interest if the software makes an error on your return.
- 100% Satisfaction Guarantee: You must notify the reason for dissatisfaction with your purchase within 60 days. As a result, they refund the cost and preparation fee.
- Audit Support Guarantee: If you receive a notice from the IRS related to your tax return, they’ll support you in understanding it with no additional charge.
Why is H&R Block Ideal For You?
- H&R Block offers more budget-friendly packages than TurboTax to get support for unique tax situations.
- Get in-person help by visiting their physical office or remote support from an expert.
- This software handles all complicated tax situations effortlessly and efficiently.
The Bottom Line: Which One is Right For You?
In TurboTax Vs HRBlock, it’s challenging to find the best software, as both offer a different range of tools and services.
However, if you need a seamless online experience, expert help on demand, and a mobile-friendly application, you can opt for TurboTax. On the other hand, H&R Block is the best fit for budget-conscious individuals, with in-person assistance and robust audit services.
Frequently Asked Questions
Ans: TurboTax is the best company to file taxes. People have an overall great experience with their services.
Ans: Yes, H&R Block is worth the cost, as it provides full assistance and support to an individual in filing their tax return.
Ans: Yes, using a “Direct Import” feature, you can transfer your previous year’s tax return information from your TurboTax account to H&R Block.
Ans: You should decrease your taxable income and take advantage of tax credits, which can help you get the biggest refund on your taxes.