TaxACT

TaxACT Review: Online Tax Preparation and Filing

Online Tax Preparation and Filing
Rating:
Bottom Line:
Great value for online tax preparation and filing but lacks audit protection
Full Review:
5 2014-05-27 14:58:28 Want a simple, inexpensive way to file your tax return? TaxACT might be perfect for you. The software offers an easy, user-friendly interface and cheap services for both federal and state filings.



Pricing

TaxACT offers the same free federal tax preparation as H&R Block and TurboTax, but adding your state return will only cost $14.99 — about $20 cheaper than the others. TaxACT also has a Deluxe version for $12.99, which is best for returning users who want to import the prior year's data, among other features. The free version will let you import PDF files of 1040, 1040A and 1040EZ returns.




Interface

TaxACT offers a simple, easy-to-use interface that takes you through step-by-step instructions to file both federal and state taxes. It starts with Basic Info that includes your personal information, and goes on to Life Events that might affect what you owe in taxes. It then moves on to Federal Q&A and State Q&A to assess any further deductions you can claim. TaxACT then lets you review your information and then choose to either file electronically or by mail.

Each step is simply laid out for maximum comprehension, and the interface offers tips along the way for those not familiar with any of the steps.



Support

The Deluxe version also includes free phone support, and like H&R Block, you can try the Deluxe tools and pay when you file. Users of the free service interested in additional help can purchase real-time phone support for $7.99. There is also a Help tab on the site that chronicles typical user questions, plus a text box so you can type in a question to find an answer.



TaxACT does not provide audit support as part of their filing plans, but you can purchase a separate Tax Audit Defense protection plan for $39.99 that provides full-service audit representation for as long as your return can be audited.


Conclusion

We highly recommend TaxACT for any consumer who is looking for a simple and economical way to prepare and e-file taxes.

Compare to Other Online Tax Preparation


 
Service Details:

Online Federal Tax Products:Free Federal: Free
Deluxe: $12.99
Federal Only Fees:Free for everyone
$12.99 for Deluxe
State Only Fees:$14.99 with Free Federal; $8.00 with Deluxe ($17.99 total)
Support Options:Unlimited email support; unlimited access to Answer Center
Audit Protection:No

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