Intuit TurboTax vs. Taxbit

Overview
ProductRatingMost Used ByProduct SummaryStarting Price
Intuit TurboTax
Score 8.6 out of 10
N/A
Intuit now offers and supports TurboTax, a tax preparation and filing service for individuals and small businesses available online, or installed via CD and download (Windows, Mac).
$120
one-time fee
Taxbit
Score 8.0 out of 10
N/A
Taxbit is a cryptocurrency tax and accounting software that automates tax calculations and reporting on cryptocurrency transactions. With Taxbit, users can link their exchanges and wallets to pull their transactions through their tax engine and auto-generate tax forms.N/A
Pricing
Intuit TurboTaxTaxbit
Editions & Modules
Home & Business
$120
one-time fee
Self-Employed
$120
per year
No answers on this topic
Offerings
Pricing Offerings
Intuit TurboTaxTaxbit
Free Trial
NoNo
Free/Freemium Version
YesNo
Premium Consulting/Integration Services
YesNo
Entry-level Setup FeeNo setup feeNo setup fee
Additional Details
More Pricing Information
Community Pulse
Intuit TurboTaxTaxbit
Considered Both Products
Intuit TurboTax
Chose Intuit TurboTax
We select TurboTax for its wide user base (familiarity), price points (multiple offerings based on users' needs), user experience (intuitiveness), technology (adaptive to user tax situations and simplify user data entry by means of upload feature), customer support (for …
Taxbit

No answer on this topic

Best Alternatives
Intuit TurboTaxTaxbit
Small Businesses
Patriot Payroll
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Score 8.6 out of 10
TaxJar
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Score 8.1 out of 10
Medium-sized Companies
Vertex
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Score 8.2 out of 10
LOVAT
LOVAT
Score 9.0 out of 10
Enterprises
Vertex
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Score 8.2 out of 10
ADP SmartCompliance
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Score 8.5 out of 10
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User Ratings
Intuit TurboTaxTaxbit
Likelihood to Recommend
9.0
(2 ratings)
-
(0 ratings)
User Testimonials
Intuit TurboTaxTaxbit
Likelihood to Recommend
Intuit
Intuit TurboTax is well suited for most scenarios ranging from simple filing (i.e., single filing, one employer, limited asset, same state as employer) to complicated filing (i.e., married filing jointly, changing employers, different state as employers or WFH, multiple assets such as real estate and cryptocurrencies, entrepreneurship side-gig). TurboTax does not have wide-range offerings and partnerships with crypto exchanges so crypto owners may use a different service to generate the necessary tax forms for TurboTax to digest.
Read full review
Taxbit
No answers on this topic
Pros
Intuit
  • Ease of use
  • Availability
  • Cost
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Taxbit
No answers on this topic
Cons
Intuit
  • integration with other applications such as Mint
  • online and cloud sign-up for multiple Intuit applications is unsmooth
  • price point for state tax filing can be made staggered (cheaper for simple form)
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Taxbit
No answers on this topic
Alternatives Considered
Intuit
Intuit TurboTax is much simpler and easy to use, not to mention affordable.
Read full review
Taxbit
No answers on this topic
ScreenShots

Taxbit Screenshots

Screenshot of Taxbit DashboardScreenshot of