Most online income tax preparation software will offer users a free filing of the 1040EZ form, so if you do not plan to claim deductions and are filing for yourself only, then by all means take advantage of this freebie as it will make filing a breeze. Not only can you file your taxes online but you also can choose to purchase desktop software. The desktop type gives you complete control over your data by storing it on your personal computer, but if you do not use a good firewall and anti-virus program you risk a chance of having it hacked. On the other hand, online tax preparation software is highly secure, with most of it using the same type of security that banks use to keep your data secure.