![]() Online software is compatible with a wider variety of devices. When you have a choice between buying the software you install on your computer and paying to use the service online, you are better off buying the software download. TurboTax reported that 80% of the returns it handled came from its online products. Most people choose to use the online service. Others such as TurboTax and H&R Block offer both an online service and software for download, which you install on your computer. ![]() Some software products such as FreeTaxUSA are purely online. When you are part of the 41% who do your own taxes, using software makes it a lot easier than doing it directly on the forms. That 59% number is still surprisingly high to me, but today we focus on the 41% self-prepared returns. The latest statistics from the IRS show that of all the e-filed individual tax returns for a recent tax year, 59% were done by tax professionals and 41% were self-prepared. ![]()
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