For self-employed workers, choosing the right online tax software means faster filing, better deductions, and clearer guidance for Schedule C. This guide highlights five solid options, focusing on those that offer strong support for freelancers, contractors, and consultants. Each option is explained with who it’s best for, a key strength, and a concrete caveat to consider before you buy.
| Product | Best For | Why It Stands Out |
|---|---|---|
| H&R Block Tax Software Premium 2019 Win | Self-employed with Schedule C needs | Live tax advice and Schedule C guidance |
| H&R Block Tax Software Deluxe + State 2022 | State filing and refund bonuses | Refund bonus option and investment income reporting |
| [Old Version] TurboTax Home & Business 2023 | Independent contractors and small business owners | Strong self-employment guidance, Federal + State options |
| (Old Version) H&R Block Premium 2023 | Self-employed with extra deduction tools | Refund bonus, state download, tax calculators |
| 2016 TurboTax Home & Business | Budget-conscious filers with older tech | Cross-platform compatibility (PC/Mac) for older years |
H&R Block Tax Software Premium 2019 Win
This option is best for self-employed filers who value live tax advice and guidance on Schedule C. Features include live tax advice, Schedule C guidance, and access to tax laws and planning resources. It helps ensure deductions relevant to a sole proprietor are not missed. Best for buyers who want direct support during filing and prefer guidance on business expenses and home-office deductions. A potential limitation is that this is an older version, which may lack the latest tax updates and forms. Consider if you need current-year features or if you’re comfortable working with a legacy package.
H&R Block Tax Software Deluxe + State 2022
This version is ideal for filers who need state support and a refund bonus path. It includes one state program download (a $39.95 value) and reporting assistance on investment income, stock options, home sales, and retirement. It’s better for those who expect multiple income streams or capital gains events. The refund bonus can be attractive, but note that state filing features may require separate setup for some states. Choose this if you want a bundled state option and extra reporting capabilities.
[Old Version] TurboTax Home & Business 2023
Best for self-employed filers who want strong guidance and coverage for both Federal and State returns. The package is designed for independent contractors, freelancers, and small business owners. It includes five Federal e-files and one State download, with optional state e-file sold separately. It’s a solid, mainstream choice when you need a comprehensive self-employment filing experience. A limitation is that the state e-file is not included by default, so you may incur extra steps or costs if you require state filing for multiple states.
(Old Version) H&R Block Premium 2023
This option suits self-employed filers who want additional refund perks and cost-basis tools. It offers the option to receive a refund as an Amazon gift card with a 2% bonus, plus one state program download. It includes tax calculators to help determine the cost basis for certain asset events. Best for buyers who value financial planning aids and a flexible refund option. It may be less ideal if you require broader state-program coverage beyond the included download.
2016 TurboTax Home & Business
Best for budget-conscious filers who still have to file a past tax year. This older version includes Windows and Mac CD options and is compatible with tax-year 2016 filings. It provides cross-platform support, useful for buyers transitioning between devices. The main caveat is that it’s an outdated year and will not support current tax laws or forms, so use only if you specifically need the 2016 filing framework or compatibility with archived records.
Buying Guide
Key considerations when choosing online tax software for self-employment:
- Self-employment needs: Look for Schedule C guidance, deduction assistance, and expense categorization tailored to freelancers and small business owners.
- State filing: Determine whether you need state-specific forms and whether the price includes a state program or if state filing is extra.
- Refund options: Some packages offer gift card refunds or bonuses; evaluate if this aligns with your cash management strategy.
- Support and guidance: Live tax advice or built-in calculators can reduce errors and improve accuracy for complex deductions.
- Version relevance: Prefer recent years for current tax laws, but legacy options can be relevant for archival needs or device compatibility.
- Ease of use: A clean interface, clear prompts, and good import options for records can save time during busy filing periods.
FAQ
- Q: Do these products handle Schedule C deductions well?
A: Yes, multiple options offer Schedule C guidance and categorization to help maximize eligible deductions. - Q: Is a state tax filing included with all options?
A: Not always. Some include one state program download or require additional state e-file; check each product’s details. - Q: Are older versions useful for current taxes?
A: Older versions may not support current tax laws; use them only if you need legacy filing or compatible record-keeping. - Q: Can I get live tax advice with these products?
A: Some include live tax advice or access to tax professionals, while others provide self-guided resources. - Q: Do any offer refunds as gift cards?
A: A couple of options mention a refund-on-gift-card incentive; review terms before choosing. - Q: Which is best for a first-time self-employed filer?
A: TurboTax Home & Business or H&R Block Premium variants often provide strong guidance for newcomers.