![]() ![]() TaxAct's main focus is on providing affordable options for people who want to do their taxes themselves. It was founded in 1998 and has helped over 60 million taxpayers file their taxes since then. TaxAct is a tax preparation software that offers a range of products for individuals, businesses, and professionals. Ultimately, when choosing between the TaxAct vs TurboTax software solutions you need to consider your specific needs – whether it’s affordability or more advanced features – before making a decision. But with these benefits come higher prices compared to TaxAct.Īnother important factor in this comparison is mobile accessibility – both offer mobile apps but TurboTax's app has more advanced capabilities than TaxAct's. Its user interface is intuitive and easy-to-use as well. On the other hand, TurboTax is renowned for offering an extensive range of features that can handle even complex tax situations. However, some users report that its customer support could be better. It offers free federal filing for basic returns and has tiered plans that cater to different needs. TaxAct vs TurboTax both have their strengths and weaknesses, so it's important to compare them before making a decision.įirstly, TaxAct is known for its affordable pricing and user-friendly interface. When it comes to tax software solutions, TaxAct and TurboTax are two of the most popular options on the market. ![]() TaxAct and TurboTax are two of the most popular options out there, but which one is right for you? In this blog post, we’ll compare TaxAct vs TurboTax so that you can make an informed decision on which tax software solution to use this year. Luckily, we now have access to a variety of tax software solutions that can help ease the burden. Premier version plus business income, expenses on a Schedule C, home office deductions, and features for freelancers.Tax season is upon us! And with it comes the daunting task of preparing and filing our taxes. Includes access to Schedule C and Schedule F.Good for freelancers, contractors, and small-business owners.Good for investors who need to report capital gains and losses and those who have sold a home or own a rental property.ĭeluxe version plus investment reporting and rental income (Schedules D and E, and K-1s). Works well for business income but no expenses.Itemize and claim several tax deductions and credits.Ideal for homeowners and those who need to consider childcare expenses, student loan payments, deductions, credits, and adjustments. It allows you to file a 1040 and a state return for free, but you can’t itemize or file schedules 1, 2, or 3 of the 1040.All filers can get free live tax advice from a tax pro until April 7.Best for dependents and simple filers who need help with college expenses, unemployment, or retirement income. ![]() If you want to know the feature comparison between TaxAct and TurboTax, you can see the following table. In addition, TaxAct’s fees are always fixed, while TurboTax’s fees will increase in price (no discounts) towards the end of the tax season. In terms of price, if you use the online editions, TaxAct is better, but if you use the offline editions, TurboTax is better (except for the Basic edition). TaxAct and TurboTax have online editions and offline editions and their prices are also different. ![]() This post from MiniTool Partition Wizard talks about TaxAct vs TurboTax and then you can choose one from them. TaxAct and TurboTax are two popular tax programs in America. ![]()
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