CEDAR RAPIDS, IA--(Marketwired - Jan 21, 2015) - TaxACT® empowers all taxpayers to file their federal tax returns free, no matter how complex their situation.
TaxACT is the only company to offer all e-fileable IRS forms free, which equates to approximately 200 forms, including Schedules C, D, and E for sole proprietors, LLCs, investors, and landlords. Other companies' free products only support simple tax returns with anywhere between 50 and 80 e-fileable IRS forms.
"No matter how complex your taxes, you don't have to upgrade with TaxACT Free Federal Edition," said JoAnn Kintzel, TaxACT President. "You can still file your federal return free, even if you need Schedules C, D or E, and TaxACT state returns are a best value."
| TaxACT Free Edition | TurboTax® Free | H&R Block® Free | |||||
| Forms 1040EZ & 1040A | Free | Free | Free | ||||
| Earned Income Credit (EIC) | Free | Free | $19.99 | ||||
| Interest & Dividends (Sch B) | Free | Free | Free | ||||
| Form 1040 | Free | $34.99 | Free | ||||
| Itemized Deductions (Sch A) | Free | $34.99 | Free | ||||
| Sole Proprietors & LLC (Sch C) | Free | $34.99 | $19.99 | ||||
| Self-Employed (Sch SE) | Free | $34.99 | $19.99 | ||||
| Capital gains & losses (Sch D) | Free | $54.99 | $19.99 | ||||
| Landlords, Royalties & K-1 (Sch E) | Free | $54.99 | $19.99 | ||||
| State return with Free Edition | $14.99, regardless of when you file | Free, simple returns only | $9.99 (exp. 2/15), simple returns only | ||||
| State return with paid editions | $7, regardless of when you file | $36.99, actual determined when you file | $36.99, actual determined when you file | ||||
Online pricing as of 1/21/15. See www.taxact.com/freeforms for a complete list of TaxACT's forms.
Now offering a free federal and state filing app
Taxpayers with simple Form 1040, 1040A and 1040EZ returns have an additional free filing option with TaxACT Express™, TaxACT's newly released app for Android™ and iOS. With TaxACT Express, it's free to prepare and e-file federal and state returns.
TaxACT Express supports tax credits and deductions for dependents, education, lower-income working families (Earned Income Credit), and retirement saving, as well as interest, dividend income and unemployment income.
Step-by-step guidance for all situations
All of TaxACT's over-the-web, download and mobile products feature an easy interview to guide users step-by-step through returns, including tax law changes like the new health care laws. Additionally, personalized tax and technical help is available every step of the way in TaxACT's Answer Center and by email and phone.
Maximum guaranteed refunds the fastest way possible
With TaxACT's free federal e-file and direct deposit, taxpayers who file today can have their maximum guaranteed federal refunds by early February.
TaxACT notifies customers as soon as their returns are processed and has fast tools for checking the status of federal refunds, including its free Tax Return Status™ app.
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. (
1 According to collective week end reports for taxact.com and taxactonline.com released by Hitwise™.
Contact Information:
Contact
Jessi Dolmage
TaxACT Public Relations
(319) 373-3600