Compare TurboTax Free Edition Online and QuickBooks - Oct 2022

Shlomi LaviShlomi Lavi / Oct 16, 2022

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Bottom Line: Which is Better - TurboTax Free Edition Online or QuickBooks?

TurboTax Free Edition Online is more expensive to implement (TCO) than QuickBooks, and QuickBooks is rated higher (99/100) than TurboTax Free Edition Online (91/100). QuickBooks offers users more features (6) than TurboTax Free Edition Online (3). There is a clear winner in this case and it is QuickBooks!

Looking for the right Business tax solution for your business? Buyers are primarily concerned about the real total cost of implementation (TCO), the full list of features, vendor reliability, user reviews, and the pros and cons. In this article we compare between the two software products:

Intuit Vs. DynaDo

Intuit: Intuit Inc. is an American company that develops financial and tax preparation software and related services for small businesses, accountants and individuals. Build Your Business w/ Intuit. Get QuickBooks Accounting Software, a Free Website Builder, Credit Card Processing & Payroll Services. NEW: Pay by Mobile! 

DynaDo: DynaDo is a complete suite of tools needed to communicate and manage your business. It includes Email, Project Management, Customer Support, File Storage, Discussion Forums, Calendar, Chat, CRM. It replaces software like GMail, Dropbox, Zendesk, Salesforce and Basecamp.

Who is more expensive? TurboTax Free Edition Online or QuickBooks Online Plus?

The real total cost of ownership (TCO) of Business tax software includes the software license, subscription fees, software training, customizations, hardware (if needed), maintenance and support and other related services. When calculating the TCO, it's important to add all of these ”hidden costs” as well. We prepared a TCO (Total Cost) calculator for TurboTax Free Edition Online and QuickBooks Online Plus.

TurboTax Free Edition Online price starts at $170 per license , On a scale between 1 to 10 TurboTax Free Edition Online is rated 4, which is lower than the average cost of Business tax software. QuickBooks Online Plus price starts at $12.50 per month , When comparing QuickBooks Online Plus to its competitors, the software is rated 4 - lower than the average Business tax software cost.

Bottom line: TurboTax Free Edition Online cost is around the same cost of QuickBooks Online Plus.

Which software includes more/better features?

We've compared TurboTax Free Edition Online Vs. QuickBooks based on some of the most important and required Business tax features.

TurboTax Free Edition Online: Data Import/Export, Basic Reports, Online Customer Support.

QuickBooks Online Plus: Accounts Payable, Accounts Receivable, Billing & Invoicing, Budgeting & Forecasting, Fixed-Assets.

Target customer size

TurboTax Free Edition is perfect for individual users who are looking for help with their simple/1040EZ tax return. The software application has actually specifically been made for tiny and medium services.



TurboTax Free Edition Online

ITQlick rating
(3.9/5)

starts at $170 per license

TurboTax Free Edition is a tax software that can help users with their tax return needs. It can prepare and print your 1040EZ/ simple tax return for you and also supports efiling them if possible. Users can als...

Categories: Business tax.

QuickBooks

ITQlick rating
(4.2/5)

starts at $12.50 per month

QuickBooks Online is a web based accounting management solution for small and medium businesses. Its capabilities include expense tracking, automatic data backup, invoice creation, and others. The software was ...

Categories: Core Accounting.

Compare specifications

Compare features

TurboTax Free Edition Online: 3 Features

Data Import/Export
Basic Reports
Online Customer Support

QuickBooks Online Plus: 6 Features

Accounts Payable
Accounts Receivable
Billing & Invoicing
Budgeting & Forecasting
Fixed-Assets
Tax compliance
ITQlick rating ITQlick Rating is based on the software score (below) and aggregated online reviews
ITQlick score ITQlick Score is a 1 to 100, the calculation is based on pricing, and functionality Vs. alternative solutions
Pricing score pricing Score is a 1 to 10 (10 is high cost), based on the TCO (cost of licences, customizations, training, hardware when relevant) Vs. alternative solutions
License pricing license pricing (if provided by the software vendor)
Functionality score
Software review
Compare
TurboTax...
ITQlick rating
3.9/5
Score
91/100
Pricing
5.6/10
License pricing
$170 per license
Functionality
4
Compare
QuickBoo...
ITQlick rating
4.2/5
Score
99/100
Pricing
5/10
License pricing
$12.50 per month
Functionality
7
TurboTax
ITQlick rating
4/5
Score
94/100
Pricing
3.6/10
License pricing
$60 per license
Functionality
7
GainsKeeper
ITQlick rating
3.4/5
Score
92/100
Pricing
6.4/10
License pricing
$69 per month
Functionality
7
ezTaxReturn
ITQlick rating
3.8/5
Score
91/100
Pricing
6.6/10
License pricing
$19.95 per license
Functionality
10

Auditor - Shlomi Lavi

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Shlomi Lavi is an entrepreneur and founder of ITQlick.com. He holds a Bachelor of Science (B.Sc.) in Information Systems Engineering from Ben Gurion University in Israel. Shlomi brings 17 years of global IT and IS management experience as a consultant and implementation expert for small, medium and large-sized (global) companies. Shlomi’s goal is to share the best knowledge and news about information systems so you can make smarter buying decisions for your business.