Those who want fully free tax software should look elsewhere - you'll pay $40 for state returns - and those looking for live chat support should try TurboTax, H&R Block or Cash App Taxes, which include both free federal and state returns.įans of advanced security features should also pass on TaxAct.

Those looking for a bargain alternative to TurboTax and H&R Block could give TaxAct a try, but TaxSlayer is a bit cheaper and offers a similar experience with more add-on help options. That said, you'll still need a good grasp of tax rules to make necessary changes. When reviewing your return, TaxAct's Deduction Maximizer tool offers customized deduction suggestions based on your personal tax situation. If you don't need live help during your tax return, TaxAct could be a good value.Ĭonfident tax filers who want to maximize their refunds with deductions they might not have previously considered may enjoy TaxAct. TaxAct covers almost all tax situations and is cheaper than the leading products, but the trade-off is less integrated support and no live chat. Investment income requires the Premier plan, and freelancers with multiple 1099 forms will need to shell out for the highest level, Self-Employed. Filers with simple returns can use the Free plan, while those with mortgage interest or other deductions will need to upgrade to Deluxe. Each of the plans is defined by the number of included IRS forms. TaxAct has four levels of online tax preparation - Free, Deluxe, Premier and Self-Employed.

While not as polished as leading tax software, TaxAct combines an exhaustive question-and-answer process for completing your tax return, combined with an impressive Answer Center providing useful information for all sorts of tax situations. If you're looking for an alternative online tax software option beyond industry leaders TurboTax and H&R Block, TaxAct provides comparable service at a discounted price. This story is part of Taxes 2023, CNET's coverage of the best tax software, tax tips and everything else you need to file your return and track your refund.

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