TaxACT Introduces Free Federal and State Tax Return Filing

CEDAR RAPIDS, IA--(Marketwired - Jan 12, 2015) - TaxACT®, the first company to offer free tax return filing, has announced free federal and state filing with TaxACT Express, TaxACT's smartphone app. TaxACT Express includes everything consumers need to file simple Form 1040, 1040A and 1040EZ federal and state returns from a smartphone for free.

The easy Q&A interview covers tax credits and deductions for dependents, education, lower-income working families (Earned Income Credit), and retirement saving. TaxACT Express also supports interest, dividend income and unemployment income.

Refund or taxes owed amounts update as users answer questions, and the app provides detailed summaries of income, deductions, credits and taxes. At the end of the interview, TaxACT Alerts check returns for potential errors and missing information.

TaxACT Express is available for Android™ and iOS. TaxACT Express synchs with TaxACT's over-the-web and tablet solutions, giving taxpayers convenient access to start, finish and e-file returns on a smartphone, tablet or desktop computer.

Maximum refunds the fastest way possible with easy tracking

TaxACT will submit e-filed returns to the IRS as soon as processing begins January 20. With free e-file and direct deposit, taxpayers can have their refunds by early February.

After e-filing, customers can track the status of their e-filed returns and federal refunds with TaxACT Express.

Returns are backed by TaxACT Online's accuracy, maximum IRS refund, price lock, satisfaction guarantees. To download or learn more about TaxACT Express, visit www.taxact.com/apps.

About TaxACT

Since 1998, TaxACT has offered affordable digital and download tax preparation solutions for individuals, business owners and tax professionals. In the 2005 tax season, TaxACT became the first to offer free federal filing to all U.S. taxpayers and has been one of the top three visited online tax preparation destinations ever since.¹ TaxACT has assisted with more than 50 million e-filed federal returns since 2000. TaxACT is a business of Blucora, Inc. (NASDAQ: BCOR). Learn more about TaxACT at www.taxact.com and www.taxact.com/press.

¹ According to collective week end reports for taxact.com and taxactonline.com released by Hitwise™.