New TaxACT App, Tax Return Status, Tracks E-Filed Tax Returns, Federal Refunds and More

CEDAR RAPIDS, IA--(Marketwired - Feb 19, 2014) - TaxACT®, the critically acclaimed leader of affordable tax solutions, has released Tax Return Status, a mobile app for tracking the status of e-filed returns and federal refunds. The free app is available for Android and iOS, and can be used by all U.S. taxpayers, not just TaxACT customers.

For the more than three out of four taxpayers who receive a federal refund each year, Tax Return Status provides an easy, fast and free way to monitor the status of their refund as it is processed by the IRS. After entering a few pieces of simple information, the app displays the current stage of the refund and the date when each of the following steps was completed along the way:

1) When the IRS has received the tax return by e-file or mail,
2) When the refund has been approved, and
3) An estimated date of when the IRS will release the refund to the tax filer's bank or financial institution, or by check via mail.

Taxpayers can begin checking their refund status approximately 24 hours after e-filed returns are received by the IRS and four weeks after a paper return is mailed. Refund information is updated by the IRS once every 24 hours, usually overnight.

Tax Return Status includes additional information for TaxACT Online customers:

• Status of e-filed state returns,
• Summary of federal and state returns categorized by income, deductions, credits and taxes, and
• Explanation of error, if the tax return was rejected.

All TaxACT customers can also track the status of their e-filed 1040 and small business returns and federal refunds on any browser at efstatus.taxact.com, or by using TaxACT Central, a free companion app with resources for use before, during and after filing taxes with TaxACT.

Download Tax Return Status and TaxACT's other mobile apps at www.taxact.com/apps.

About TaxACT

TaxACT is the critically acclaimed leader of affordable digital and download tax preparation solutions for consumers, business owners and tax professionals. In the 2005 tax season, TaxACT became the first to offer free federal tax software and e-file to all U.S. taxpayers. Since 2000, TaxACT Online has assisted with more than 45 million e-filed federal returns. TaxACT is a business of Blucora, Inc. (NASDAQ: BCOR). Learn more about TaxACT at www.taxact.com and www.taxact.com/press.