H&R Block Free Online vs. TurboTax Free Edition: Get More FREE with Block
Saving money. Getting your maximum refund. Block understands these things mean a lot to you. That’s why it’s important to compare your options and understand what’s included — and what’s not. When you compare H&R Block Free Online vs. TurboTax Free Edition, you’ll see that Block offers more for free.
What do we mean by more for free? For starters, you can use H&R Block Free Online to file a federal and a state return for $0. You might think TurboTax has a similar offer — but when you compare the forms available between H&R Block Free Online vs. TurboTax Free Edition, TurboTax’s list doesn’t stack up.
Block Free lets you claim credits/deductions for free that TurboTax Free Edition doesn’t
H&R Block Free Online includes 47 forms required for filing—that’s nearly twice as many as TurboTax Free Edition. So, what are these forms and schedules and what do they mean to you? Depending on your tax situation, you might need more than just a Form 1040 to complete your taxes—which may require an upgrade with TurboTax.
Let’s look at a few examples to see why choosing H&R Block Free Online vs. TurboTax Free Edition matters and why you may question “is TurboTax Free Edition really free?”
Or, if you’re ready, get started filing your taxes with H&R Block Free Online.
Families: Child and Dependent Care Expenses Credit Not Included with TurboTax Free Edition
Raising a family can mean plenty of expenses. Luckily, eligible families can take advantage of several credits to help lower their tax bill.
When you choose H&R Block Free Online, the following four credits are included:
- Child and Dependent Care Expenses Credit
- Child Tax Credit
- Additional Child Tax Credit
- Earned Income Credit
With TurboTax Free Edition, that’s not the case. When you file with them, you’ll find that Form 2441, which is used to get you a credit for your Child and Dependent Care Expenses, is not included. That means, with TurboTax you’ll need to upgrade and pay to be able to report your daycare expenses to find out if you can take the credit.
H&R Block Free Online Includes Student Loan Interest Deduction. Turbo Doesn’t.
Whether you’re a current student or a former student paying off loans (or a student’s parent), you know every credit and deduction you’re eligible for counts.
With H&R Block Free Online, the following credits and deductions are included:
- Student Loan Interest Deduction
- Tuition and Fees Statement (1098-T)
- American Opportunity & Lifetime Learning Education Credit
File with TurboTax and you’ll see “free” doesn’t add up to free if you want to claim the first two tax breaks: Neither the Student Loan Interest Deduction nor the 1098-T Tuition and Fees Statement are included in TurboTax Free Edition.
Only H&R Block Free Online Lets You Report Unemployment Income (Form 1099-G)
Drawing unemployment income? You’ll need to include those benefits on your return as they are subject to taxes. Your state should send you Form 1099-G to report the income. When you file with H&R Block Free Online, you can include your unemployment income from Form 1099-G on your tax return at no extra charge.
Block vs. TurboTax: Which Tax Filing Option Is Right for You? Explore the Benefits of Block.
Choose H&R Block Free Online, and you’ll get more than free tax prep. Block Free Online offers the expertise and convenience you’d expect from the leader in tax.
- Expertise: Feel confident knowing you’ve got your taxes done right and backed by the experts with 60 plus years of tax industry experience. You’ll get your maximum tax refund and 100% accuracy guaranteed.
- Convenience: H&R Block makes filing your return easy. Take a picture of your W-2 from your smart device to easily import your current year information. Switching to Block? You can upload your tax documents from last year in as little as two clicks.
Get Started with H&R Block Free Online
When you stack-up H&R Block Free Online vs. TurboTax Free Edition, the choice is clear. Only Block’s Free Online gives you more for free.
Start filing your taxes with H&R Block Free Online today.
Get online tax help without ever stepping into a tax office. Learn how Online Assist makes filing online a hassle-free experience.
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