Article updated Tuesday, December 22 at 7:30 am PT with corrected pricing information.
Tax time. We're dreading it as much as you are, but the fact remains that soon after we ring in 2010, we'll be paying for 2009.
In anticipation of the 2009 tax season, we've gathered some preliminary information about tax prep software for the DIY tax-doers among you. There are noteworthy changes to H&R Block's and Intuit's software, the two developers that take up the lion's share of the tax software market and the two we therefore focus on in our coverage. The prices of some applications in the two product families have crept up $10 but others remain steady compared with last year.
If choosing among multiple products weren't confusing enough, you also get to determine if online or desktop apps are the way to go. To that end, we've rounded up pros and cons for these two tax prep approaches.
Taxes are complicated, and the software offerings are no different. We tried to keep information simple and organized in a chart below, but with extra charges for state returns and extra e-file submissions, it's easy to get lost. Keep in mind that this is a preview, not an exhaustive comparison, and that we'll return in early 2010--after we get our own forms in the mail--with in-depth reviews on some of the software products mentioned here. … Read more