r/lists • Posted by Sarah Chen💰 Finance
Best Tax Software for Freelancers and Gig Workers in 2024
Navigating taxes as a freelancer or gig worker can feel like a maze with all those 1099s and deductible expenses! I've dug into the top tax software options for the 2024 tax season to help you find the perfect fit for your unique business needs and maximize your refund. Let's make tax time a little less daunting!
9 items0 reactions0 followers
Thread
- 1
TurboTax Self-Employed
turbotax.intuit.comThis is often the go-to for its exceptional guided experience, really digging deep to help you find industry-specific deductions and easily import your 1099s. It's fantastic for maximizing those tricky self-employment write-offs. - 2
H&R Block Self-Employed Online
hrblock.comI love how conversational and user-friendly H&R Block's platform is, guiding you through Schedule C forms and business expenses with ease. They even offer unlimited expert help if you get stuck, which is a huge plus. - 3
FreeTaxUSA
freetaxusa.comIf you're comfortable with your tax situation and looking to save money, FreeTaxUSA is an excellent choice for free federal filing, and their state filing is super affordable. It supports all the major forms for self-employed individuals, including Schedule C. - 4
TaxAct Self-Employed
taxact.comTaxAct Self-Employed offers a great balance of features at a more budget-friendly price point compared to some competitors. It includes valuable tools like a Deduction Maximizer and support for essential forms like 1099-NEC and Schedule C. - 5
TaxSlayer Self-Employed
taxslayer.comThis option is seriously good value for freelancers and independent contractors, offering a dedicated plan with guided help for business income and expenses. You get all the necessary forms and even audit assistance with their Self-Employed package. - 6
Cash App Taxes
cash.appFor truly free federal and state filing, Cash App Taxes is a strong contender, handling most common tax situations, including 1099 income. Just keep in mind it offers less guided assistance for more complex business deductions. - 7
QuickBooks Self-Employed
quickbooks.intuit.comWhile not just for filing, QuickBooks Self-Employed is amazing for year-round tracking of income, expenses, and mileage, which makes tax time a breeze. It even calculates your estimated quarterly taxes and can export directly to TurboTax. - 8
Jackson Hewitt Online
jacksonhewitt.comJackson Hewitt offers a very affordable flat rate for both federal and state returns, which is great for gig workers on a budget. It thoroughly covers self-employment income and expenses for your Schedule C. - 9
Keeper Tax
keepertax.comKeeper Tax is a unique tool that focuses on automatically finding and tracking tax-deductible expenses throughout the year by scanning your transactions. It's a lifesaver for freelancers who might struggle with meticulous record-keeping.
Comments (0)
Log in to join the discussion