![]() ![]() Pay your tax filing fees directly from your refund. We have some of H&R Block’s main features detailed below. For instance, it offers W-2 photo capture, multiple guarantees, and easy input from other tax programs. H&R Block offers some advanced features that are helpful for tackling difficult tax situations, depending on the version and package you choose. Education and business meal tax deductions will also see an update due to new government regulations. Other items that will be added include questions related to COVID-19 stimulus and expanded 1099-K forms for gig workers and other small businesses. H&R Block will make updates to meet new and evolving tax needs, such as questions about student loan forgiveness for being able to participate in the program. You can also prepare your individual return with the same features as the Premium edition. However, it appears that a few important forms are no longer supported, which include partnership and limited liability company (LLC) tax returns (Form 1065), corporate and S-corp returns (Forms 11S), nonprofit returns (Form 990), and estate and trust returns (Form 1041). You can create employer forms (Forms W-) and payroll forms (Forms 940 and 941). This plan is a necessity for a small business owner. We looked at a variety of solutions and narrowed our recommendations down based on the price of preparing the typical bundle of returns required by most business owners. If you’re looking for other options, check out our article on the best small business tax software. There’s no limit to the number of times that you can speak with tax experts during your filing experience. Businesses that require unlimited one-on-one tax assistance: TaxAct Xpert Help connects you with certified public accountants (CPAs) or other tax experts who can help you navigate your tax situation and answer your questions.Individual state returns are only $14.99 per state. Freelancers looking for free software to file an individual return with Schedule C: If you only need to file an individual return with Schedule C, FreeTaxUSA is a good option.QuickBooks Self-Employed users: If you use QuickBooks Self-Employed to manage your books, you can purchase TurboTax as a bundle and transfer your business income and expenses automatically. ![]()
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