TaxAct is now offering 20% off your online federal tax filing and a $20 Amazon gift card for each person you refer to the tax preparation service.
Update 1/19/2024: It appears their offers have ended but they claim their prices are up to 55% less than TurboTax (compare for yourself here).
See offers from these other tax services: TurboTax, TaxSlayer, H&R Block.
See the best tax filing services here.
TaxAct is designed to fit a variety of tax situations, ranging from those who are looking to file a simple federal return to self-employed contractors, freelancers and business owners. It’s a good fit if you’re looking for a bare bones, cheap, online tax filing option with the help of a mobile app and live chat for guidance.
Keep reading for more on TaxAct and its current offers.
TaxAct 20% Off Filing
Get 20% off when you file your federal taxes using our TaxAct referral link. This discount only applies to those who did not file with TaxAct in the previous tax year.
TaxAct $20 Referral Bonuses
Get a $20 Amazon gift card for each person who completes their federal filing using your referral link. Each of your referrals will also get 20% off their TaxAct filing costs.
To participate, go to the TaxAct refer-a-friend page. Choose how you want to send your referral link: Email, Facebook or Messenger. Then, follow the prompts from there. Enter in your email details and you’ll also see a personal referral link option appear also.
See the referral program terms here.
TaxAct Products
TaxAct has five different online products you can choose from:
TaxAct Free lets you file for simple returns, fast. It includes retirement income. This option is great for the following tax situations:
- Single or married
- W2 income (job)
- Retirement income
- Free account support
Federal: $0
State: $19.95
TaxAct Basic+ is a good fit if you have dependents, college expenses and more. You’ll get everything in TaxAct Free plus:
- Child tax credit(s)
- Earned income credit
- Education expenses
- Prior year import
- Unlimited tax specialist support
Federal: $14.95
State: $19.95
TaxAct Deluxe+ covers forms, deductions and credits that the average American will need. You’ll get everything in TaxAct Basic+ as well as:
- Itemized deducations
- Student loan interest
- Health Savings Account (HSA)
- Adoption credits
- Moving expenses
- Tax specialist phone support
Federal: $47.95
State: $39.95
TaxAct Premier+ is the solution for rental property owners and investors with capital gains to report. You’ll get everything in TaxAct Deluxe+ and:
- Foreign bank & financial accounts
- Stocks, gains & losses, sales of home or other investments
- Rental property income
- Royalty & Schedule K-1 income
- Investment income expenses
- Prioritized support, including screen sharing
Federal: $57.95
State: $39.95
TaxAct Self-Employed+ is for sole proprietors, independent contractors and, of course, the self-employed.
Federal: $77.95
State: $39.95
You can also get expert help from a CPA or EA for additional fees:
| Package | Pricing |
| Basic+ Expert | $26.96 |
| Deluxe+ Expert | $98.36 |
| Premier+ Expert | $106.36 |
| Self-Employed+ Expert | $122.36 |
TaxAct Features
TaxAct Mobile App. Prepare and e-file your income tax returns on your tablet or smartphone. It has all the functionality you’d get from the TaxAct website.
TaxAct Import. You can import information from last year’s return, third-party documentation like W2s, charitable donations and stock transactions, and PDF files of IRS forms from TurboTax and H&R Block.
E-File Tracking. Track your federal or state e-file return status. You’ll get a better idea of when you’ll receive your refund.
Access To Your Returns. You have unlimited access to your returns for up to seven years after you file. So, you can refer to them as you file for next year.
Customer Support. Get support through the company’s Answer Center page, or by email or phone.
Payment Options. Pay for TaxAct services with a debit or credit card. Or, deduct the cost from your tax refund. Your expected refund must be at least $100, and you must opt to receive it via direct deposit.
Protection Plus. This feature covers your return for three years and guides you through the audit process for an additional cost of $44.95.
BluPrint Financial Report. After you file, you’ll get a complimentary BluPrint financial report. This document gives you advice on financial planning and tax saving opportunities that fit your financial profile.
Maximum Refund Guarantee. TaxAct guarantees that their software is 100% accurate and that you’ll get your maximum refund. If not, the company will pay any difference in your lower refund or higher tax liability. Plus, any legal or audit costs up to $100,000.
Money-Back Guarantee. If you aren’t completely satisfied with your TaxAct software purchase, you’ll receive a full refund within 30 days of receipt. No questions asked. This guarantee does not apply if you printed or e-filed your return and that return is accepted by the taxing agency.
TaxTutor Guidance. Easy-to-follow, expert tax tips and strategies to get the most deductions on your return.
Deduction Maximizer. Don’t miss out on valuable deductions with this feature designed for self-employed taxpayers. You’ll be guided step-by-step when you complete your return to get the most return possible. Each deduction you claim can reduce the amount of tax you owe.
Stock Assistant. Designed for investors, this feature imports all your stock data, saving you time and minimizing human error.
Bottom Line
TaxAct is a good fit for those who have uncomplicated tax situations and who are looking to save on cost. It offers a variety of filing options for different tax situations along with guidance as you need it with unlimited phone support.
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