Turbo Tax vs H&R Block Income Tax Software-2020 Comparison

It’s that time of year again. Are you one that files their taxes as soon as possible, or do you wait until April 15 to file? Either way, when preparing taxes yourself, you might be looking into doing them online. Turbo Tax vs H&R Block Income Tax Software – 2020 Product Comparison makes that process so much easier.

I compare two TurboTax Tax Software Programs with two similar H & R Block Tax Software Programs in this income tax product comparison. Following each comparison is an easy to read, side-by-side comparison table.

Turbo Tax Basic vs. H & R Block Basic 2020

TurboTax Basic 2020 Tax Software

 

TurboTax-Basic-2020-Software-Disc

 

For Price Or To Purchase Click Here

Suitable for simple straight forward tax situations, want to claim the Earned Income Tax Credit and only need to file a federal income tax return.

System Requirements

  • Available in PC/MAC CD ROM and also PC download and Mac download
  • Platform: Windows 8 / 8.1 / 10, Mac OS High Sierra 10.14, Mac OS Catalina 10.15
  • Note: As of January 14, 2020, Microsoft will no longer provide security updates or support for PCs running Windows 7. This means that computers running on Windows 7 will be more vulnerable to security risks and viruses.
  • RAM: 2 GB or more recommended
  • Internet Connection: 1 MBps modem (Broadband connection highly recommended). Required for product activation and updates
  • Hard Disk Space: 1 GB

Features

  • 5 Free Federal E-files
  • State Preparation available at extra cost
  • Question and answer format
  • Imports Last Years Data and W2s From Turbo Tax and Other Tax Software
  • Encryption technology
  • Free U.S. Based Support Through Phone
  • If you pay an IRS or state penalty or interest because of a TurboTax calculation error, TurboTax will pay you the penalty and interest.
  • Audit Support Center But TurboTax Will Not Represent You Or Provide Legal Advice
  • 60-Day Satisfaction Money Back 
  • ASIN: B08H3GZ586

Pros

  • Easy question and answer format
  • If you pay an IRS or state penalty or interest because of a TurboTax calculation error, TurboTax will pay you the penalty and interest.
  • 60-Day Satisfaction Money Back 

Cons

  • Some dissatisfaction reported with trying to get through prompts to a “live” person on the phone to customer support.
  • Quicken and QuickBooks import not available with TurboTax installed on a Mac (subject to change).

For Price Or To Purchase Click Here


H&R Block Tax Software Basic 2020

H&R Block Basic 2020

For Price Or To Purchase Click Here

Suitable for simple straight forward tax situations.

System Requirements

  • Available in PC download and Mac download
  • Platform: Windows 8.1/10, Mac OS X 13.1.2
  • Hard Disk Space: 170MB
  • Internet Connection for updates, state downloads, e-file.
  • RAM not stated

Features

  • 5 Free Federal E-files
  • State Preparation available at extra cost
  • Import your W 2, 1099, 1098, Last Year’s Personal Tax Return
  • Drag and drop last years personal return from Turbo Tax, Quicken, or Tax Preparer
  • Help Center has more than 13,000 articles, frequently asked questions, and tips
  • If audited, Worry-Free Audit Support provides an enrolled H&R Block agent to guide you through the process.
  • 3.5% refund bonus if all or portion of the refund is put on an Amazon. com gift card (stipulations)
  • Non Returnable/Non Refundable
  • ASIN: B08JNR18GK

Pros

  • Price Point
  • 3.5% refund bonus available (read stipulations)

Cons

  • Non Returnable/Non Refundable
  • No CD Disks

For Price Or To Purchase Click Here

 

Comparison Table

FeaturesTurbo Tax BasicH&R Block Basic
Turbo Tax 2020 BasicH&R Block Basic 2020
Suitable ForSuitable for simple straight forward tax situations, want to claim the Earned Income Tax Credit and only need to file a federal income tax return.Suitable for simple straight forward tax situations.
Computer System PC and Mac Download or CD RomPC and Mac Download
Platform Windows 8 / 8.1 / 10, Mac OS High Sierra 10.14, Mac OS Catalina 10.15Windows 8.1/10, Mac OS X 13.1.2
Hard Disk Space1 GB170MB
Internet NeededYesYes
Federal E-Files55
State PreparationExtra CostExtra Cost
Import DataImports Last Years Data and W2s From Turbo Tax and Other Tax SoftwareDrag and drop last years personal return from Turbo Tax, Quicken, or Tax Preparer
Audit SupportAudit Support Center But TurboTax Will Not Represent You Or Provide Legal AdviceAudit Support P An Enrolled H & R Block Agent To Guide You Through The Process
Returns60-Day Satisfaction Money BackNo
Extras___3.5% Bonus If Refund Is Put On An Amazon Gift Card
PriceClick For PriceClick For Price

Turbotax Software Deluxe vs. H&R Block Tax Software Deluxe

TurboTax Tax Software Deluxe + State 2020

Turbo Tax Deluxe 2020

For Price Or To Purchase Click Here

Recommended if: you own a home, have charitable donations to deduct, have high medical expenses, and only need to file a Federal Tax Return. Filing a State Return is available for an added cost.

System Requirements

  • Available in PC/MAC CD ROM and also PC download and Mac download
  • Platform: Windows 8/Windows 8.1/Windows 10 / macOS Mojave 10.14, Catalina 10.15
  • Note: As of January 14, 2020, Microsoft will no longer provide security updates or support for PCs running Windows 7. This means that computers running on Windows 7 will be more vulnerable to security risks and viruses.
  • RAM: 2 GB or more recommended
  • Internet Connection: 1 MBps modem (Broadband connection highly recommended). Required for product activation and updates
  • Hard Disk Space: 1 GB for TurboTax

Features

  • Includes 5 free Federal e-files
  • One download of a TurboTax state product (e-file is extra)
  • Imports W-2s, investment & mortgage information from participating companies (may require free Intuit account) and imports prior year data from TurboTax and other tax software
  • Product support via phone
  • Audit risk meter
  • Audit support tools – General information should you be audited – TurboTax will not represent you or provide legal advice.
  • If you get a larger refund or smaller tax due from another tax preparation method, TurboTax will refund the applicable TurboTax federal and/or state purchase amount paid.
  • If purchased through Amazon, receive a free 1-year subscription to Quicken Starter Edition 2021 ($35.99 value) applies to new Quicken subscribers only
  • 60-Day Satisfaction Money Back
  • ASIN: B08H48X4WQ

Pros

  • Audit Risk Meter
  • 60-Day Satisfaction Money Back
  • If you pay an IRS or state penalty or interest because of a TurboTax calculation error, TurboTax will pay you the penalty and interest.
  • Free 1-year subscription to Quicken Starter Edition 2021for New Subscribers if Purchased Through Amazon.

Cons

  • Some reported issues of activation problems
  • Not Compatible With Older Mac Computers

For Price Or To Purchase Click Here


H&R Block Tax Software Deluxe 2020

H & R Block Deluxe 2020

For Price Or To Purchase Click Here

Recommended if you have a home, have children, have investments, itemized deductions or file federal and state income tax.

System Requirements

  • Available in PC/MAC CD ROM and also PC download and Mac download
  • Platform: Windows – 8.1/10, Mac – OS X 13.1.2 or higher
  • Browser: Safari 13.1.2 or higher – for Mac
  • Internet Explorer or Higher – for Windows
  • Hard Disk Space: 170MB
  • Internet Connection for updates, state downloads, e-file.
  • RAM not stated

Features

  • 5 Free Federal E-files
  • 1 State Download (e-File Available For An Extra Cost)
  • Import your W 2, 1099, 1098, last year’s personal tax return
  • Drag and drop last years personal return from Other Tax Software Providers
  • Accuracy Review
  • If audited, Worry-Free Audit Support provides an enrolled H&R Block agent to guide and represent you in person.
  • Help Center with more than 13,000 articles, frequently asked questions, and tips
  • 3.5% refund bonus if all or portion of the refund is put on an Amazon. com gift card (stipulations)
  • ASIN: B08L97BHNL

Pros

  • 3.5% refund bonus available (stipulations)
  • Audit Support

Cons

  • A few reports of software download problems
  • Non Returnable/Non Refundable

For Price Or To Purchase Click Here

 

Comparison Table

FeaturesTurbo Tax DeluxeH & R Block Deluxe
Turbo Tax Deluxe 2020H & R Block Deluxe 2020
Suitable ForIf you own a home, have charitable donations to deduct, have high medical expenses, and only need to file a Federal Tax Return. Filing a State Return is available for an added cost.If you have a home, have children, have investments, itemized deductions or file federal and state income tax.
Computer SystemPC/MAC CD ROM and also PC download and Mac downloadPC/MAC CD ROM and also PC download and Mac download
PlatformWindows 8/Windows 8.1/Windows 10 / macOS Mojave 10.14, Catalina 10.15Windows – 8.1/10, Mac – OS X 13.1.2 or higher
Hard Disk Space1 GB170MB
Internet RequiredYesYes
Federal E-Files55
State PreparationYes – 1Yes – 1
State E-FileAdditional CostAdditional Cost
Import DataImports W-2s, investment & mortgage information from participating companies (may require free Intuit account) and imports prior year data from TurboTax and other tax softwareDrag and drop last years personal return from Other Tax Software Providers
Audit SupportGeneral information should you be audited – TurboTax will not represent you or provide legal adviceprovides an enrolled H&R Block agent to guide and represent you in person.
ExtrasFree 1-year subscription to Quicken Starter Edition 2021for New Subscribers if Purchased Through Amazon3.5% refund bonus if all or portion of the refund is put on an Amazon. com gift card (stipulations)
PriceClick For PriceClick For Price

I hope in reading, Turbo Tax vs H&R Block Income Tax Software – Product Comparison, you have been able to decide which program best fits your needs. 

What are your thoughts on preparing your own taxes?  Have you used Income Tax Software? Do you want to but afraid to dive in?  I would love to read your comments.

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