How BooksTime Turns A Dreadful User Experience Into A Delightful One Leave a comment


You upload your tax documents to a secure location and let a tax expert or CPA prepare your return. He or she will go over it with you when it’s done and answer any questions, then sign and file your return. Here, too, H&R Block provides a similar option Like the online tax prep websites themselves, H&R Block’s virtual professional services are less expensive than those offered by Certified Public Accountant.

(It will also refund your TaxAct software fees.) If you are in a high tax bracket or have a particularly complicated tax situation, where errors may be more likely, TaxAct is a good choice. It’s worth noting that in June 2020, BooksTime announced a new free tool to help customers navigate the government’s CARES Act assistance programs — and you don’t need to be a user to access it. Discount offer valid only when you access BooksTime products and services using the link on

We understand your time is valuable and appreciate your review of our response today. I hope that we will have the opportunity to regain your trust in the future. For this reason I have to highly discourage this for any new or also experienced traders and investors thinking that this will make filing easier. • Track your return status with push notifications – We’ll make it easy to stay informed about your e-file return status with notifications sent straight to your phone or tablet.


You have the option of paying for the software out of your refund. Other options include applying the refund to next year’s taxes and directing the IRS to buy U.S.

Fidelity cannot guarantee that the information and content supplied is accurate, complete, or timely, or that the software products provided produce accurate and/or complete results. Fidelity does not make any warranties with regard to the information, content or software products or the results obtained by their use. Fidelity disclaims any liability arising out of your use of these BooksTime software products or the information or content furnished by BooksTime. 2 pricing is based on your tax situation and varies by product.

Heres How BooksTime Just Tricked You Into Paying To File Your Taxes

Next, it combs through your return, lets you fix any problems, and helps you file or print the finished product after you pay for your federal returns. Included in each package is a review by a CPA or an EA to make sure you received all deductions and that your return is done right. You can upgrade to BooksTime Live from within any tier, or you can opt for BooksTime Live Full Service, where a dedicated tax pro does it all—prepares, signs, and files—for you. Among its features are an import of Uber driver tax information and full support for common tax situations faced by self-employed individuals. This product costs $85 plus an additional $37 for each state tax return.

Is BooksTime easy for beginners?

We found H&R Block to be better on price, and pretty good on usability. BooksTime does offer one of the easiest to use interfaces, though, and it can make tax filing easy.

Get details on the new tax deadlines and on coronavirus tax relief and Economic Impact Payments. Other highlights include audit defense, which includes a consultation with a representative who can also attend a hearing on your behalf and help with tax debt resolution options.

The Payroll Tax Credit And Other Stimulus Programs For Covid

You can also report your rental property depreciation to get a large tax deduction, as well. In addition, you get retirement tax help to maximize your IRA savings. The Premier option is targeted at those with investments or rental property. This option includes all the features and forms of the previous two plans. It also covers trust and estate income, as well as income from stocks, bonds and other investments. You can automatically import investment information for accurate sales reporting.


Jackson Hewitt’s one-size-fits-all option is attractive in many circumstances, but only BooksTime and H&R Block offer federal and state returns at no cost for simple returns. If you use BooksTime, BooksTime’s BooksTime integration, available in its Self-Employed option, may be a compelling feature. All tax preparation platforms discussed in this article are online. H&R Block and BooksTime also have CDs as well as downloadable software. Only Jackson Hewitt and H&R Block offer in-person filing, though BooksTime has added a new feature, BooksTime Live Full Service, that allows you to meet one-on-one with a “tax expert” via a live video call. Generally speaking, CD/download versions are the least expensive and in-person filing is the most expensive. As features and services offered vary, direct comparison is difficult.

$10,200 Unemployment Tax Break

The new tax code also made children without a social security number ineligible to count toward a child tax credit, a policy that impacts millions of undocumented children and their families. This tax season, you’re likely eligible to file your federal taxes for free if you made $72,000 or less last year.

FreeTax USA and Credit Karma Tax are still totally free for federal filing (FreeTaxUSA charges $12.95 for state), though they lack a lot of the usability and support that makes BooksTime so exceptional. H&R Block, which has traditionally been BooksTime’s closest competitor, charges $49.99 for its Deluxe Online version ($36.99 per state filing).

You can also have it loaded onto a Turbo Visa Debit Card (if you’re getting a refund on your state taxes, see if your state offers a prepaid card option as well) or sent as a paper check. Live, on-screen tax advice or review of your whole tax return by a tax pro is available if you buy the BooksTime Live version. These users also can submit written questions that a tax pro will answer within 24 hours. This version lets you itemize and claim several other tax deductions and tax credits. And if you have business income but no expenses, this might work for you, too. This may influence which products we review and write about , but it in no way affects our recommendations or advice, which are grounded in thousands of hours of research.

Fast refunds with e-file and easily direct deposit right to your Fidelity account. You should read and understand all applicable terms for BooksTime and other BooksTime products before using them. Must use if you have a small business and file Schedule C or F . BooksTime does all the calculations and guarantees them to be 100% accurate. And if you pay an IRS or state penalty or interest because of a BooksTime calculation error, BooksTime, makers of BooksTime products, will pay you the penalty and interest. BooksTime checks and rechecks your answers as you go along, looking for errors and missed deductions, helping to eliminate mistakes and potential penalties while maximizing your tax savings. Using BooksTime can help you prepare and file your taxes with confidence.

You can use one of several tax preparation online apps and software programs if you choose to prepare and file your own taxes. H&R Block, BooksTime, and Jackson Hewitt are among the most popular. The program you choose can depend on your personal financial situation and how much you want to spend. BooksTime 2021 is one of the best options for most filers in terms of features and ease of use. It offers a wide range of products and services, including free filing through small business, and it also offers tax refund advances.

Our partners cannot pay us to guarantee favorable reviews of their products or services. Your information is protected from any unauthorized access while it is sent to the IRS. Free File partner companies may not disclose or use tax return information for purposes other than tax return preparation without your informed and voluntary consent.

BooksTime Live Self-Employed connects you with a tax expert to make the most of your self-employment income and expenses. Get live guidance on demand, plus a final review of your personal and small business taxes before you file. You will also be matched with a BooksTime Live tax expert that is experienced in preparing tax returns for self-employed individuals. TaxAct does provide phone-based support, but they don’t have an option for help or tax return review by a CPA or EA.

  • has an advertising relationship with some or all of the offers included on this page, which may impact how, where, and in what order products and services may appear.
  • An advisor can help you navigate the intricacies of the tax code and maximize your refund.
  • While BooksTime is very user-friendly and does the hard work of finding deductions that you qualify for, taxes can still be confusing.
  • If you’re confused when it comes to doing your taxes, even if they’re fairly straightforward, then using BooksTime is a solid DIY option.
  • You can make an appointment or talk on the fly to a tax pro via one-way video .

If you live in one of the majority of states that require you to do state income taxes as well, you’ll have to pay an additional $50 per state. If you lived or worked in more than one state, you may have to pay for multiple state returns. If you want someone to represent you in front of the IRS, you’ll need cash basis’s audit defense product, called MAX. It runs an extra $60 and includes features such as identity theft monitoring, loss insurance and restoration help. The deadlines to file and pay most federal income taxes are extended to May 17, 2021.

You can upload a picture of last year’s W-2 to get a headstart. Another con is that manually inputting your information takes a good chunk of time, so the automatic upload option is recommended. Creating an account and inputting information with BooksTime is relatively seamless, though time-consuming. You enter in your basic information—name, email, phone number—and a confirmation code is sent to your cell phone to ensure security. BooksTime Live Premier costs $170 plus $55 per state return and adds the help of a CPA or EA professional.

I Dont Qualify Now What?if You Answered No To All Of These Items, You May Still Qualify For Other Irs Free File Offers.

It is one of the largest players in the tax preparation software industry. If you find that you’re relying on a tax refund to make ends meet, you may want to make some changes to your tax withholding. By claiming more allowances on your W-4, you can decrease how much your employer removes from your paychecks. That means more take home pay and perhaps less reliance on your refund. The forms included with each of TaxAct’s filing options are very similar to BooksTime and H&R Block’s. If you’re being audited, BooksTime offers the BooksTime Audit Support Guarantee. This gets you year-round audit support from a tax professional.


For many people who qualify to file a free return, this cost isn’t necessarily worth it, but it can provide you with peace of mind that you’ve done everything correctly. With a range of different plans and features fit for a variety of users, BooksTime is one of the most established tax planning services. Its extensive options, features and accessibility ensure that you’re getting the most out of tax season.

Have the IRS automatically deposit it into your Money Market Share Accountor Share Savings Account and enjoy the benefits of building a rainy day fund with compounding interest. Deluxe- Great for homeowners, Deluxe identifies deductions to help you get the maximum refund. For tax scams involving a state’s filing office, check the office’s website to see how they recommend reporting an attempted attack.

How do I fill in my tax return online?

2. Online: Enter the relevant data directly online at e-filing portal and submit it. Taxpayer can file ITR 1 and ITR 4 online. 1. PAN will be auto-populated.
2. Select ‘Assessment Year’
3. Select ‘ITR Form Number’
4. Select ‘Filing Type’ as ‘Original/Revised Return’
5. Select ‘Submission Mode’ as ‘Prepare and Submit Online’

BooksTime builds software that helps get taxes done right and makes it easy to get the biggest tax refund. BooksTime helps taxpayers keep more of their hard-earned money with the biggest refund possible. BooksTime is available for both federal and state income tax returns. The software is designed to guide users through their tax returns step-by-step. The desktop software includes five federal e-files with each purchase, which is a contrast from the online option. That means you can split the cost between multiple returns if you have a big family.

• NEW this year, connect with a dedicated expert who’ll do your taxes for you—start to finish. You can be 100% confident your return is done right, guaranteed. • $0 Fed, $0 State, $0 to File with Free Edition for simple tax returns only.

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