Online tax prep and filing services significantly ease the burden without paying personal-accountant-level dollars.
But of the many available tax preparation companies, which is the best?
Heres what you gotta know about TaxAct.
Know What the IRS Says is Taxable Income ‒ And What Is Not
How Does TaxAct Work?
TaxAct offers DIY online tax software that helps you file your tax returns neatly, completely and accurately.
Our team has compiled alist of creative waysyou can fatten your bank account this week.
This is a long list, so dont get overwhelmed.
Go ahead and start now, but be sure to bookmark this post so you might easily return later.
Well keep it updated as offers changes or expire.
TaxAct offers four pricing tiers based on your tax situation: Free, Deluxe, Premier and Self-Employed.
Heres everything you oughta know about each (current as of January 2024 and subject to change).
Did you know?
There is also the option to share your machine screen during the call to answer questions.
Cost: Free to file a federal return, plus $39.99 per state tax return.
Cost: Starts at $29.99, plus $39.99 per state return.
Will You Owe Taxes if your Student Loan Debt is Forgiven?
Cost:$39.99, plus $39.99 per state return.
Youll also get prioritized support, screen sharing and phone conversations with live tax specialists.
Cost:$69.99, plus $39.99 per state return.
Features
All TaxAct customers get access to its suite of basic features, guarantees and goodies.
When is FAFSA Due?
This $100K guarantee extends to those who are audited after filing with TaxAct.
you’re free to request a full refund within 30 days of receipt to get your money back.
You cant get a refund after youve printed or e-filed your return.
TaxAct covers your tax return for three full years and provides assistance with both State and Federal audits.
TaxAct: Pros and Cons
What makes TaxAct stand out in good and bad ways?
Weve reviewed these other popular online tax programs:TurboTaxandH&R Block.
If youre after the very best bang for your buck, TaxAct is a hard act to beat.
Youll still pay a $44.95 fee to file a state return.
TaxAct and TaxSlayer offer comparable services for simple tax filers.
TaxSlayers fees are significantly lower, but its lighter on features than TaxAct.
Contributor Caroline Gaspich contributed to this report.
Probably not as good as youd like.
It always seems like an uphill battle to build (and keep) a decent amount in savings.
But what if your car breaks down, or you have a sudden medical bill?
Ask one of these companies to help…