![]() 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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