What are my options for filing taxes, and how much will it cost?

There are a ton of tax filing options available to you, and they come at varying costs.

 

If you know you have a complicated tax return and are willing to spend a little extra for a tax preparer or CPA, then it’s probably worth paying extra for a licensed tax preparer. For one of these individuals (like a CPA, tax attorney, or EA), you’ll typically pay between $100-$450 per hour.

 

If you feel more confident that you can handle your taxes without professional help, then a tax filing software should be perfectly sufficient. Tax filing softwares range in price, from free filing through Credit Karma Tax all the way to TurboTax Self-Employed for about $80.

 

There are also a number of free tax preparation nonprofits that will help you at no charge, depending on your income. You can read more about some of these free programs here.

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