
Our tax preparation companies can offer you tax help in the form of many services. Find out more about our different tax preparation services here to determine which is right for you.
The 1040 EZ package is the most basic of tax preparation services. You can purchase this service for as little as $14.95 with some companies. The 1040 EZ service comes with a no-cost e-filing, free live customer assistance, and the option to include a state income tax form. If you are a single or married person without children or any dependents, the 1040 EZ is probably the best bet for you. It is the least complicated income tax return. To qualify for this level of service, you must be single or married and filing jointly, claim only the earned income tax credit, claim no dependents, and have a taxable income less than $100,000.
For taxpayers with taxable interest, dependents, EIC, etc., the 1040 Basic is probably the best choice among tax preparation services. The 1040 Basic service is just slightly more expensive than the 1040 EZ service and is designed for taxpayers with more complex income tax situations. In order to qualify for this service, you must make less than $100,000, not itemize deductions, and have limited tax credits, among other criteria.
If you have a more complicated income tax return than can be handled by the previous two tax preparation services, you might consider the 1040 Deluxe option. You will still get the option to add a state form, free customer assistance, free e-file, and fast refund options that come with the lower levels of service. However, the 1040 Deluxe is designed for taxpayers with capital gains, K-1's, AMT, itemized deductions, and similar income tax return features. When considering tax preparation services, you might choose this level if you have income from partnerships, investment trading, and/or S-corporations. Your service will include support for itemized deductions to help you maximize your tax savings.
This is the highest level among tax preparation services. This level is for rental owners, small businesses, or the self-employed. This package comes with all of the features of the other levels of service in addition to several other forms to accommodate your more complicated income tax needs. You can claim all of the deductions and credits you are entitled to with the 1040 Premium service. Some of the forms included in your tax preparation services with the 1040 Premium are:
If you have any questions, please check out our Frequently Asked Questions page.