Best Tax Planning Software in 2026
Updated
In short: Taxottic is ranked #1 of 28 as of 7 October 2026, ahead of Catalyst Tax Insights and Instead. The best-ranked option with a free plan is Catalyst Tax Insights. The lowest first paid tier on this page is Tallyfor TaxCalc at $1.67/mo.
Tax planning software helps you examine potential tax outcomes and compare scenarios over time. Compared on multi-year projection and scenario modeling, these tools can be assessed against the assumptions and time horizons you want to explore. Capital gains and retirement income modeling add specific planning dimensions; data import and client collaboration offer further considerations for your workflow. Free-plan availability and paid-from pricing provide cost context. Taxottic, Catalyst Tax Insights, and Instead are among the options to weigh. Use the listed modeling features, inputs, and collaboration details to identify which capabilities align with the planning work you need to do.
28 tax planning software ranked on what their makers publish — plans and prices, free tiers, platforms and the facts on their own pages.
28ranked
4free plans on this page
$1.67/molowest paid tier
7 Oct 2026last checked
Input list Tax Planning Software 25 channels on this page · 107 of 200 spec lines stated by the makers
Ch Tool Free planPaid fromScenario modelingMulti-year projectionCapital gains modelingRetirement income modelingData importClient collaboration Spec sheet Score
01 Taxottic Free planYesPaid from$4.99/moScenario modelingnot statedMulti-year projectionnot statedCapital gains modelingnot statedRetirement income modelingnot statedData importYesClient collaborationYes 4/8spec lines stated 7.4
02 Catalyst Tax Insights Free planYesPaid fromnot statedScenario modelingYesMulti-year projectionnot statedCapital gains modelingYesRetirement income modelingYesData importnot statedClient collaborationYes 5/8spec lines stated 7.3
03 Instead Free planYesPaid fromnot statedScenario modelingnot statedMulti-year projectionnot statedCapital gains modelingnot statedRetirement income modelingnot statedData importnot statedClient collaborationnot stated 1/8spec lines stated 7.2
04 TaxCalc Free planNoPaid fromnot statedScenario modelingnot statedMulti-year projectionnot statedCapital gains modelingnot statedRetirement income modelingnot statedData importnot statedClient collaborationnot stated 1/8spec lines stated 7.2
05 CFS TaxTools Free planNoPaid fromnot statedScenario modelingYesMulti-year projectionYesCapital gains modelingYesRetirement income modelingYesData importYesClient collaborationnot stated 6/8spec lines stated 7.0
06 Optiml Free planYesPaid fromnot statedScenario modelingYesMulti-year projectionYesCapital gains modelingYesRetirement income modelingYesData importYesClient collaborationYes 7/8spec lines stated 7.0
07 Dhanlytics Free planYesPaid fromnot statedScenario modelingYesMulti-year projectionYesCapital gains modelingYesRetirement income modelingYesData importnot statedClient collaborationnot stated 5/8spec lines stated 6.9
08 Hazel AI Tax Planning Free planNoPaid fromnot statedScenario modelingYesMulti-year projectionYesCapital gains modelingYesRetirement income modelingYesData importYesClient collaborationYes 7/8spec lines stated 6.8
09 Holistiplan Free planNoPaid fromnot statedScenario modelingYesMulti-year projectionYesCapital gains modelingYesRetirement income modelingYesData importYesClient collaborationYes 7/8spec lines stated 6.8
10 BNA Income Tax Planner Free planNoPaid fromnot statedScenario modelingYesMulti-year projectionYesCapital gains modelingYesRetirement income modelingYesData importYesClient collaborationYes 7/8spec lines stated 6.7
11 ONESOURCE Certificate Manager Free plannot statedPaid fromnot statedScenario modelingYesMulti-year projectionnot statedCapital gains modelingnot statedRetirement income modelingnot statedData importYesClient collaborationnot stated 2/8spec lines stated 6.7
12 FP Alpha Free planNoPaid fromnot statedScenario modelingYesMulti-year projectionYesCapital gains modelingnot statedRetirement income modelingnot statedData importYesClient collaborationYes 5/8spec lines stated 6.5
13 TaxPlanIQ Free planNoPaid from$397/moScenario modelingYesMulti-year projectionYesCapital gains modelingnot statedRetirement income modelingYesData importYesClient collaborationYes 7/8spec lines stated 6.5
14 Do-io Free planNoPaid fromnot statedScenario modelingNoMulti-year projectionnot statedCapital gains modelingnot statedRetirement income modelingnot statedData importnot statedClient collaborationnot stated 2/8spec lines stated 6.4
15 Tax Planner Pro Free planNoPaid fromnot statedScenario modelingYesMulti-year projectionYesCapital gains modelingnot statedRetirement income modelingYesData importYesClient collaborationNo 6/8spec lines stated 6.4
16 TaxStatus Free planNoPaid from$75/moScenario modelingYesMulti-year projectionnot statedCapital gains modelingYesRetirement income modelingYesData importYesClient collaborationYes 7/8spec lines stated 6.4
17 Bloomberg Tax Free plannot statedPaid fromnot statedScenario modelingnot statedMulti-year projectionnot statedCapital gains modelingnot statedRetirement income modelingnot statedData importnot statedClient collaborationnot stated 0/8spec lines stated 6.3
18 Thomson Reuters Ready to Advise Free plannot statedPaid fromnot statedScenario modelingYesMulti-year projectionnot statedCapital gains modelingnot statedRetirement income modelingnot statedData importYesClient collaborationnot stated 2/8spec lines stated 6.1
19 CCH ProSystem fx Tax Free plannot statedPaid fromnot statedScenario modelingYesMulti-year projectionYesCapital gains modelingYesRetirement income modelingYesData importYesClient collaborationnot stated 5/8spec lines stated 6.0
20 Covisum Income InSight Free planNoPaid fromnot statedScenario modelingYesMulti-year projectionnot statedCapital gains modelingnot statedRetirement income modelingnot statedData importnot statedClient collaborationNo 3/8spec lines stated 5.8
21 Corvee Tax Planner Free plannot statedPaid fromnot statedScenario modelingnot statedMulti-year projectionnot statedCapital gains modelingYesRetirement income modelingYesData importYesClient collaborationYes 4/8spec lines stated 5.7
22 Tallyfor TaxCalc Free planNoPaid fromnot statedScenario modelingYesMulti-year projectionYesCapital gains modelingYesRetirement income modelingnot statedData importYesClient collaborationnot stated 5/8spec lines stated 5.7
23 LifeYield Tax-Smart Withdrawals Free plannot statedPaid fromnot statedScenario modelingYesMulti-year projectionnot statedCapital gains modelingYesRetirement income modelingYesData importnot statedClient collaborationnot stated 3/8spec lines stated 5.6
24 Practice CS Free plannot statedPaid fromnot statedScenario modelingYesMulti-year projectionYesCapital gains modelingnot statedRetirement income modelingnot statedData importYesClient collaborationnot stated 3/8spec lines stated 5.6
25 TaxMoov Free planYesPaid fromnot statedScenario modelingYesMulti-year projectionnot statedCapital gains modelingYesRetirement income modelingnot statedData importnot statedClient collaborationnot stated 3/8spec lines stated 5.6
Compare all 25 in a table
| # | Tool | Score | Free plan | From | Free plan | Paid from | Scenario modeling | Multi-year projection |
|---|---|---|---|---|---|---|---|---|
| 1 | Taxottic | 7.4 | Free plan | $4.08/mo | Yes | 4.99 /mo | — | — |
| 2 | Catalyst Tax Insights | 7.3 | Free plan | $4.08/mo | Yes | — | Yes | — |
| 3 | Instead | 7.2 | Free plan | Free | Yes | — | — | — |
| 4 | TaxCalc | 7.2 | No | £3.50/mo | No | — | — | — |
| 5 | CFS TaxTools | 7.0 | No | $19.92/mo | No | — | Yes | Yes |
| 6 | Optiml | 7.0 | No | C$8.25/mo | Yes | — | Yes | Yes |
| 7 | Dhanlytics | 6.9 | Free plan | Free | Yes | — | Yes | Yes |
| 8 | Hazel AI Tax Planning | 6.8 | No | $160/mo | No | — | Yes | Yes |
| 9 | Holistiplan | 6.8 | No | $62.42/mo | No | — | Yes | Yes |
| 10 | BNA Income Tax Planner | 6.7 | No | — | No | — | Yes | Yes |
| 11 | ONESOURCE Certificate Manager | 6.7 | No | — | — | — | Yes | — |
| 12 | FP Alpha | 6.5 | No | $166.25/mo | No | — | Yes | Yes |
| 13 | TaxPlanIQ | 6.5 | No | $397/mo | No | 397 /mo | Yes | Yes |
| 14 | Do-io | 6.4 | No | $4.92/mo | No | — | No | — |
| 15 | Tax Planner Pro | 6.4 | No | $49/mo | No | — | Yes | Yes |
| 16 | TaxStatus | 6.4 | No | $75/mo | No | 75 /mo | Yes | — |
| 17 | Bloomberg Tax | 6.3 | No | — | — | — | — | — |
| 18 | Thomson Reuters Ready to Advise | 6.1 | No | — | — | — | Yes | — |
| 19 | CCH ProSystem fx Tax | 6.0 | No | — | — | — | Yes | Yes |
| 20 | Covisum Income InSight | 5.8 | No | — | No | — | Yes | — |
| 21 | Corvee Tax Planner | 5.7 | No | — | — | — | — | — |
| 22 | Tallyfor TaxCalc | 5.7 | No | $1.67/mo | No | — | Yes | Yes |
| 23 | LifeYield Tax-Smart Withdrawals | 5.6 | No | — | — | — | Yes | — |
| 24 | Practice CS | 5.6 | No | — | — | — | Yes | Yes |
| 25 | TaxMoov | 5.6 | No | — | Yes | — | Yes | — |
Is your tool on this list?
Numbered spots on this list can be sponsored, and a sponsored row is labelled as paid.
Questions about this list
Which tax planning software is ranked first on Specifiction?
Taxottic is ranked #1 of 28 with a score of 7.4. Catalyst Tax Insights is second and Instead third.
How many of these have a free plan?
4 of the 25 on this page publish a free plan on their own pricing pages.
Which is the cheapest paid option?
On this page, Tallyfor TaxCalc has the lowest first paid tier we found: $1.67/mo.
How is this list ranked?
Ranked on what each maker publishes, the fullest spec sheet first: how deeply the product is documented, the platforms it runs on, a free tier or trial to test it, and its standing.
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