TaxACT

TaxACT Review: Online Tax Preparation and Filing

Online Tax Preparation and Filing
 
Sign up for TaxACT
Rating:
Bottom Line:
Great value for online tax preparation and filing but lacks audit protection
Full Review:
5 2015-01-20 11:29:04 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.

Sign up for TaxACT | 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; $7.00 with Deluxe ($19.99 total)
Support Options:Unlimited email support; unlimited access to Answer Center
Audit Protection:No

NextAdvisor Blog Headlines

'A Beautiful Mind' and 5 Other Biopics to Watch Online
This past holiday weekend, John Forbes Nash, Jr. and his wife Alicia were in a fatal car accident upon returning home from a trip to Norway. Dr. Nash is known as the greatest mathematician of the 20th century for his work and developments. He won a Nobel Prize in Economics in 1994, and was most [...]

Twitter to Provide More Privacy Protection to European Users: What This Means...
Earlier this year, Twitter made an attempt to address its history in how it handles cyberbullying by updating its harassment policy. Since then, the company has made a few other updates, including a new way for users to file abuse reports as well as an update to its terms of service and privacy policy. This [...]

Everything You Need to Know About Travel Rewards Credit Cards
Earning travel rewards with your credit card on every purchase you make can help you take a vacation earlier than planned, or fund an unexpected flight you need to take. While travel points are very useful, they can be confusing to fully comprehend because there are so many different credit card providers out there offering [...]

TaxACT Forum Posts


About UsBlogContact Us Forums Terms & Privacy PolicyAffiliate ProgramSite Map
NextAdvisor.com is a BBB Accredited Information Bureau in San Francisco, CA

Advertiser Disclosure: NextAdvisor.com is a consumer information site that offers free, independent reviews and ratings of online services. We receive advertising revenue from most but not all of the companies whose products and services we review. For credit cards, we review cards from all of the top 10 US issuers by purchase volume (according to Issue 1035 of The Nilson Report, Feb 2014) excluding issuers that require additional accounts to be a cardholder and private label issuers. We may also review cards from other issuers in select cases. We do not review all products in a given category. We are independently owned and operated and all opinions expressed on this site are our own.