TaxAct provides online and downloadable tax-preparation software, plus a mobile app for filing and related tasks. Its tools can import tax data and help calculate deductions, credits, and refunds. Options cover individual returns and business filing for partnerships, C corporations, S corporations, sole proprietors, and tax-exempt organizations. Free federal filing is available for eligible standard returns, but the Free Edition is limited to Form 1040 without attached forms or schedules, and eligibility depends on income and deductions. Listed covered situations include W-2, unemployment, and retirement income; investment, rental-property, business, and self-employed income and expenses are excluded from free filing. Other online products let users begin free and pay when filing. Online Deluxe is 59.99 USD once, Premier is 99.99 USD once, and Self-Employed is 109.99 USD once; state filing costs extra for these plans. Consumer 1040 products include Xpert Assist for live tax advice and assistance.
Who it is for
TaxAct suits individuals preparing returns online or using downloadable software, as well as businesses with the listed entity types. Its professional software is intended for CPAs, enrolled agents, and tax preparers.
What is good
- Offers online, downloadable, and mobile filing options.
- Provides tax-data import and deduction and credit calculations.
- Business options cover five listed entity types.
- Xpert Assist includes live advice for consumer 1040 products.
What to know first
- Free Edition is limited to Form 1040 without attachments or schedules.
- Investment, rental, business, and self-employed income are excluded from free filing.
- State filing costs extra for listed online paid plans.
Verdict
TaxAct offers several filing formats and options for personal and business returns. Check the Free Edition limits and any state-filing charge against the return you need to prepare.
TaxAct plans and pricing
All plansCompared on personal tax software
- Free plan
- Yes
- Paid from
- 44.99 one-time
