TurboTax vs H&R Block: which is better?

Doing your taxes in the next few weeks?

If you are using a do it yourself program you may wonder which is the better deal in 2014:  Turbo Tax or H&R Block's online program?

Consumer Reports Magazine just put the two most popular online programs to the test.

They tested the free online versions and the paid versions, both CD-ROM and online.

The good news: Consumer Reports says both are simpler and faster, with fewer questions and keystrokes needed this year.

Pros & Cons

       -It found TurboTax more expensive: $59 for the paid version versus $39 for H&R Block.

       -Consumer Reports calls Block the "better value," especially for "tax novices."

       -It says both have good support and Q&A sections.

       -However, it says TurboTax might be better for stock investors, small business owners, and anyone with a complicated return, as it has more in-depth sections.

Before You Buy....

Before you purchase any of these programs go to the IRS web site and click on the Free File page: It will let you know if you are eligible to file your taxes free at these programs or others.

And that way you don't waste your money.


Don't Waste Your Money is a registered trademark of the EW Scripps Co.

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