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Tax software: TurboTax Deluxe 2024 vs. H&R Block Deluxe + State 2024

Quick Verdict

Both TurboTax Deluxe 2024 and H&R Block Deluxe + State 2024 are strong contenders for tax preparation software, offering user-friendly interfaces and comprehensive features. H&R Block's in-person audit representation and broader import capabilities may appeal to some users, while TurboTax's accuracy guarantee and refund options could be more attractive to others. The best choice depends on individual needs and preferences.

Key features – Side-by-Side

AttributeTurboTax Deluxe 2024H&R Block Deluxe + State 2024
Federal and State Filing IncludedIncludes federal e-file and one state download. State e-file is typically sold separately.Yes, includes one state program download
Accuracy GuaranteeOffers a 100% accuracy guarantee; TurboTax will cover IRS penalties and interest resulting from calculation errors.Reimbursement for penalties and interest up to $10,000 if the software makes an error
Audit SupportProvides one-on-one question-and-answer support with a tax professional if you receive an audit letter. This support is informational and does not include representation before the IRS.In-person representation in the event of an audit
Deduction MaximizerSearches for over 375 deductions and credits to maximize your refund.Step-by-step guidance on over 350 credits and deductions, especially on homes and investments
Import Capabilities (W-2, 1099)Imports W-2 and 1099 data from participating companies and financial institutions.Imports W-2s, 1099s, 1098s, and prior-year tax returns from TurboTax and Quicken
Ease of Use (User Interface)Known for its user-friendly interface and step-by-step guidance.User-friendly interface with a step-by-step Q&A format
Help and Support ResourcesOffers various help channels, including in-app contextual help, an AI assistant, a knowledge base, and community forums. Paid versions include access to specialists and phone support.Help center with over 13,000 searchable articles, FAQs, and tips. Tax Pro Chat is available for paid versions.
Mobile App AvailabilityOffers mobile apps with similar functionality to the desktop version.Yes
Schedule C Support (Self-Employment)While TurboTax Deluxe can handle some self-employment income, TurboTax Premier or Self-Employed versions are recommended for more comprehensive support.May handle self-employment business expenses, but Premium version recommended for full support
Tax Law Updates IncludedThe software is updated to reflect the latest tax laws and regulations.Periodically updated to reflect the latest IRS changes
Refund Options (Direct Deposit, Check, etc.)Offers refund options such as direct deposit, check, and potentially early refund options.Not available
Price$49.99-$79.99Varies depending on the retailer and time of the tax season

Overall Comparison

TurboTax Deluxe 2024: $49.99-$79.99, 375+ deductions. H&R Block Deluxe + State 2024: 350+ deductions, $10,000 accuracy guarantee.

Pros and Cons

TurboTax Deluxe 2024

Pros:
  • User-friendly interface
  • Step-by-step guidance
  • 100% accuracy guarantee
  • Comprehensive features
  • Mobile app availability
  • Updated to reflect the latest tax laws and regulations
Cons:
  • State e-filing often incurs an additional fee
  • Additional services, like Audit Defense, also cost extra
  • TurboTax Premier or Self-Employed versions are better suited for self-employment income or investment properties

H&R Block Deluxe + State 2024

Pros:
  • Includes federal and state filing
  • Offers an accuracy guarantee
  • Provides audit support
  • Helps maximize deductions
  • Imports data from various tax documents
  • User-friendly interface
  • Offers help and support resources
  • Mobile app available
  • Includes tax law updates
Cons:
  • Price can vary
  • State e-filing may incur an additional fee
  • Deluxe version may not fully support self-employment income

User Experiences and Feedback