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#WHICH IS BETTER TAXACT OR TURBOTAX FREE ONLINE SOFTWARE#
#WHICH IS BETTER TAXACT OR TURBOTAX FREE ONLINE PLUS#

Takes less time than other tax software servicesĪnd will probably use it in the future but there were a few things I think they.

Free to start your return (for simple returns only).

Easy to use and can handle any tax situation.

There are a few TurboTax complaints that the software isn’t helpful if you need to file an extension on your taxes or missed a deadline.

The complaints seem to pile up in January and February so wait times may not be as bad a little later in the tax filing system.

There seem to be more TurboTax complaints about longer wait times for customer service compared versus TaxAct.

Look through enough reviews though and you start seeing common complaints come up though so it is helpful to find weaknesses in the products. Tax return software is extremely competitive and I wouldn’t doubt that many of the reviews are fake and provided by competitors. I’m always a little skeptical about consumer complaints websites, especially reviewing products like tax software services. It’s a cool little feature and can pay for the tax software if you’re expecting a large refund.Ĭlick through for special pricing on TurboTax Top Consumer TurboTax Complaints

#WHICH IS BETTER TAXACT OR TURBOTAX FREE ONLINE PLUS#

Tax filers opting for the $29.99 Plus edition can get part or all of their federal tax refund as an Amazon gift card with a 5% bonus from TurboTax. The Premier tax edition will also cover rental property and tax deductions on Schedule E. Most filers will need at least the $54.99 tax edition for the Schedule D forms on investment gains and losses. Still, many people will be able to get away with the free TurboTax version. The free federal tax offer (for simple returns) does include the earned income tax credit and deduction checking.

With my home business status, I would need to pay for the most expensive $80 package. It’s one of the more expensive tax prep packages online, starting at $34.99 and going up from there. One of the only faults I could find during my TurboTax review was the price. The free version does not include schedules that many people will need including itemized deductions, capital gains, rental income or the self-employed schedule. TurboTax offers the free federal return for those that can file the 1040EZ (for simple returns)while state tax returns will cost you $27.99 to file. If you end up needing a higher level while filling out your taxes, you’re prompted to upgrade. I changed up my answers to some of the questions and it seems the tax software genuinely guides you into the least expensive edition offered. TurboTax has an easy-to-use interview style process that starts with several questions to determine your need for different tax forms. It still seemed like TaxAct was a little easier to use and better for basic tax needs.īut you’ll only know if TurboTax versus TaxAct is right for you if you know the features of each. I’ve got to say that TurboTax was able to handle some of my unique tax situations like having a Form K-1 from some MLP investments better than TaxAct. I tried out both TaxAct vs TurboTax through a few different filing situations. Being able to offer readers of the blog another alternative sounded great though so I thought I would check it out. I’ve used TaxAct since 2012 and it’s tough to beat the price. Not to be outdone, TurboTax also offers its own discounts and deals. TaxAct is offering its usual free federal tax filing and a 5% discount on already rock-bottom prices. That means the tax prep software companies are out in force with offers and discounts. Millions of Americans will scramble their W-2s and other docs together to beat the April tax filing deadline. The last weeks in March are always the biggest for federal income tax filing.

This TaxAct vs TurboTax review shows some strong features on each for your federal income taxes – which is right for you will depend on your tax needs TaxAct vs TurboTax Review: Best Features and Options for Your Taxes