Updating hr block 2016 to 2016
Even the free level will let you import your W-2s from certain employers.
It will automatically import last year’s tax return if you used Turbo Tax or Tax Act.
It asks you a few additional questions and files your state taxes for free. Many other filing software options are free for federal taxes, but charge a hefty fee to file your state taxes.
All versions of H&R Block also come with free audit guidance.
The free version doesn’t give you automatic access to chat-based tax advice, but it does come with the Deluxe version that we’ll discuss below.
This is great if you’re confused on some points of your taxes.
(And their commercials have been pretty on-point for the past few years, too!
But you can also use H&R Block tax software to prepare your own returns.
Premium includes everything included in Deluxe, as well as more support for rental property income and expenses, cost basis for home sales, gifts, inheritance assets, and more.
It’s a better fit for those with more complicated self-employment taxes, including those who need to use Schedule C-EZ to report simple business income and deductions.
It’s also a plus if this is the first time you’ve filed them on your own.
After expanding the free edition to so many filers two years ago, H&R Block nixed its Basic edition. The main difference (besides price) is that Deluxe offers forms for more deductions.