TaxACT Free Edition Review 2011-2012


Who should use TaxACT Free Edition?

  • If you are single
  • If you have no children
  • If you have a simple return
  • If you need to import from a 1040, 1040A or 1040EZ
  • If you want some guidance with your return

This product does not give you the ability to import 1099s or W-2s, provide additional guidance with deductions, credits and investments, or help with rental income or self-employment income. To get these abilities, you'll need to upgrade to TaxACT Deluxe.

TaxACT Free Edition Pricing
Federal $0.00
State Add-On $14.95
Federal + State $14.95
Free Federal E-File
TaxACT Company Ratings
Ease of Use:
Tax Support:
Tech Support:
Reliability:
Overall Score: 16/20

TaxACT Free Edition Conclusion

TaxACT's Free Edition is the company's most basic offering. With it, you still receive several of the company's essential features, but there are several notable ones that are not included or cost extra. The Free Edition allows you to enter one Life Event (such as having a baby), but requires you to upgrade if you need to report more than one event. You also can receive free tax advice via email from TaxACT's tax professionals, but the ability to speak to a tax professional over the phone requires an upgrade. You also need to keep in mind whether you need to file a state return when comparing tax products. Even though this product is classified as a "Free Edition," it actually costs you $14.95 to file a state return.

The Free Edition uses the exact same interface as the high end products, making the Free Edition just as easy to navigate as any of TaxACT's other products. If you have no investments and have experienced very few life changes over the course of the last year, then TaxACT's Free Edition is a suitable choice for preparing your taxes.

>> Try TaxACT Free Edition for free


About TaxACT

Visit the  Website

With inexpensive products and top-notch tax support, TaxACT is the best deal of all tax products on market. This software has many similar services and features as TurboTax and H&R Block and is 66% less expensive than their comparable products. TaxACT includes the most complete and meticulous error-checking process of any tax product we've reviewed. For $7.95, TaxACT will not only give you access to their live tax support, but also assist you with filing your tax return. Since TaxACT doesn't give you the option to have a CPA review your tax return before filing, we wouldn't recommend it for highly complicated tax situations. In general, TaxACT's  products are best for those with simple to moderately complicated tax returns.

Full TaxACT Company Review

TaxACT Free Edition Pricing
Federal Free
State Add-on $14.95
Federal + State $14.95
Free Federal Efile
TaxACT Free Edition Features
Includes IRS tax forms you need
Accuracy Guarantee
TaxACT Free Edition Features Not Included
Handles life changes
Import 1099s and W-2s
Additional guidance for investments
Additional guidance with deductions
Additional guidance with credits
Helps with rental income
Self-Employed/Small Business Owner
Guidance for small business owners

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TaxACT Product Comparison Grid

  TaxACT Free Edition TaxACT Deluxe TaxACT Ultimate
Federal $0.00 $9.95 $17.95
State Add-On $14.95 $8.00 $0.00
Federal + State $14.95 $17.95 $17.95
Free Federal Efile
Includes IRS tax forms you need
Accuracy Guarantee
Handles life changes  
Imports 1099s and W-2s  
Additional guidance for deductions  
Additional guidance for credits  
Additional guidance for investments  
Helps with rental income  
Additional guidance for the self-employed  
Guidance for small business owners  
 
  TaxACT: Lowest priced tax products and tax support on the market TaxACT: Lowest priced tax products and tax support on the market TaxACT: Lowest priced tax products and tax support on the market
  Read the TaxACT Free Edition Review Read the TaxACT Deluxe Review Read the TaxACT Ultimate Review