Starting in February, you'll see people dressed in Lady Liberty costumes standing on the streets. They'll be holding massive arrows reminding you to file your taxes and get the refund due to you. These costumed advertisers are representatives of Liberty Tax, a brick and mortar tax filing service. But in keeping with the times, Liberty Tax has also created an online presence, so that filers can file their taxes online from the comfort of their own homes. Their website is Liberty Tax Online… which is identical to Liberty Tax's other websites FreeTax.com and eSmartTax.com. Well, it's not quite identical. LibertyTax online costs more than either of the previously mentioned sites, but it also comes with a unique, in-person “Double Check guarantee” at participating Liberty Tax retail locations. Is the added benefit worth the added costs? Quick Summary
Quick Navigation Liberty Tax Online NavigationLiberty Tax Online has a self guided user interface. You can use the menu at the top of the screen to move from the Income Section to the Deductions Section to the Credits etc. Users must then select the options that pertain to their filing situation. To select a section, a user will select “Add” and to edit the information, the user can select Review. Liberty Tax Ease Of UseAs far as tax software goes, Liberty Tax was not the easiest to use. While you can import your old tax documents and W-2 forms, the software doesn't allow any other imports. Additionally, it's built in calculators tended to be subpar. For example, the calculator on the W-2 form doesn't automatically calculate Social Security Income taxes. Instead, users have to multiply their taxable income by 6.2% (and know the calculation) if they want to use the calculator. Of course, most people should simply copy information from their W-2 form. However it's easiest if the tax software enters as much information as possible for users. Liberty Tax Online Double Check GuaranteeAlthough the Liberty Tax Online software isn't particularly easy to use, it has one important draw that's unique to it. Liberty Tax online has Double Check Guarantee. Users who complete their filing online can visit participating Liberty Tax retail locations and have a tax professional review their forms before filing. This guarantee is unique to Liberty Tax Online, and does not come with the eSmart Tax or the FreeTax.com software packages. Liberty Tax Knowledge ArticlesLike eSmart Tax and FreeTax.com, Liberty Tax online has a side bar filled with “Commonly Asked Questions.” The questions have robust explanations of tax concepts, and they also explain some of the more difficult to use aspects of the software. Once again, the articles are very good, but several other software packages offer more and better information. Liberty Tax Pricing And PlansAll of Liberty Tax Online's plans come with audit support. That means in the event of an audit a tax professional will advise you on next steps. It also comes with free “Double Checking” from a tax filing professional at participating Liberty Tax locations.
Promo Code: Take an Extra 20% Off Every Liberty Tax Online Tax Filing Solution. Use Code: LTOCJ20 Who Should Use Liberty Tax Online In 2019?In terms of software, Liberty Tax Online is really identical to lower cost products created by Liberty Tax (including eSmart Tax and FreeTax.com). The only difference is the support (Liberty Tax Online offers the Double Check guarantee while the other services do not). If you're only considering the software, Liberty Tax Online might not be the best choice. Instead consider Credit Karma Tax (for another free tax software option), H&R Block (for a robust product at a great price), or TurboTax (for the easiest product in 2019). If Liberty Tax Online had a better interface, it would be easy to recommend it for new filers and filers with complex situations. However, as it stands, it's tough to make a recommendation to use it this year. The post Liberty Tax Online 2019 Review – Free Double Check Guarantee appeared first on The College Investor.
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