TaxSlayer and TaxAct do not provide full-service preparation services. Or, you can just hand off your taxes to a pro and let them get it done. But if you want to file mostly on your own with help from experts, you can upgrade to a Live Assisted plan for a relatively small upcharge. If you want to file on your own, you’ll save the most. Filers also just have more choices in how they file. TurboTax offers better integration with finance tools like QuickBooks, more guarantees, and more resources than most other platforms. TurboTax is the costliest option of the three but comes with more features and guidance. Also, state returns are more expensive with this provider, so consider a different option for this. But the free version is a bit lacking and if you’re looking for full preparation services, don’t choose TaxAct. TaxAct is best suited to those who want expert help without paying more for it and filers with more complicated tax situations who stand to benefit most from lower costs. The only catch is that you’ll need to submit your question and schedule a call with a pro and therefore may have to wait for help. Xpert Assist connects you with experienced tax professionals who can take a look at your returns and help you through any barriers you’re facing. If you need help when filing, you can get it at no cost with Xpert Assist no matter which plan you have. TaxAct has an edge over the competition when it comes to professional support. TaxAct offers robust plans at a price between TurboTax and TaxSlayer. Unique Features of Each Brand >Free Support: TaxAct It’s unique for accommodating all situations at the Classic level, the second tier of service. TaxSlayer Self-Employed: $49.95 for federal returns and $39.95 for state returnsįor all tax situations with guidance specifically for self-employed taxesĪs you can see, TaxSlayer is the cheapest option, especially if you’re confident doing your taxes on your own. TaxSlayer Premium: $39.95 for federal returns and $39.95 for state returnsįor all tax situations with IRS Audit Assistance, live chat support, professional tax help, and priority service ![]() TaxSlayer Classic: $19.95 for federal returns and $39.95 for state returnsįor all tax situations, incomes, deductions, and credits TaxSlayer Simply Free: $0 for federal returns and $0 for state returnsįor simple returns using Form 1040 with W-2 income and standard deduction TaxSlayer, too, gives you four choices for online plans. TaxAct offers four different online plans, all of which cost extra for state returns: We’ll cover TaxSlayer’s unique benefits soon but call out here that the Classic package is a low-cost option, just $19.95 for federal filing to be exact, that can work for any tax situation. For its value and usability, TaxSlayer stands out. TaxSlayer also offers free service to active military members. You can pay for more support if needed, even audit assistance for three years. This cloud-based provider offers a number of solid features and is easy to use, not to mention cheaper than both TaxAct and TurboTax. TaxSlayer has its roots in a family tax preparation business and was founded even earlier than TurboTax in 1965. It gives users guidance all the way through, making it ideal for beginners and those with trickier returns. Overall, TurboTax is one of the most comprehensive DIY tax preparation programs. TurboTax is owned by Intuit which also owns QuickBooks, credit monitoring service CreditKarma, and budgeting and personal finance software Mint. Now, users can choose from software downloads, online plans, and full service preparation. The first TurboTax product was software available on floppy disks. TurboTax is one of the oldest DIY tax software programs on the market, around since 1984. It is a good choice for users who are comfortable with preparing their own taxes with minimal guidance. TaxAct offers good value to users but less handholding than some other services. ![]() ![]() State returns, though, are pretty pricey. It doesn’t offer all of the bells and whistles that some other tax preparation programs offer, but it is a very affordable option for filing federal returns. ![]() TaxAct has been around since 1998 and positions itself as a low-cost alternative to other tax preparation software.
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