TaxACT®
Free Tax Software can be used to file Federal tax return free of charge and is not limited to simple tax returns as in the case of TurboTax
, H&R Block
or CompleteTax
. There are very few differences in features between the free version and higher versions like deluxe or ultimate. The main features available in higher versions are the capability to import previous year data, availability of extra calculators and reports, etc. In free version the state tax return will cost $14.95, while deluxe version it costs only $17.95 which include a Federal return and one state return. So TaxACT®
Free version is ideal for those taxpayers who don’t have to file state tax return.
In a raw comparison of features, TaxACT® compares quite favorably to the major suites.
There is no denying that TaxACT®
is a great tax software, especially if you are someone who is familiar with the tax system and just wants a quick way to e-file. If you don’t need the complicated investment and retirement planning features of the big suites and aren't put off by the bare-bones interface or comparative lack of support, TaxACT®
can save you a surprising amount of cash on software around tax time.