TaxAct Review 2023: Same Tax Return, Lower Cost

Filing taxes can be a tedious activity but that doesn’t have to be the case. With TaxAct, you can not only be sure that your taxes will be done right but also save some money doing so. In this blog post, we will review TaxAct and discuss its features, who should and shouldn’t use it, and its various products and pricing. We will also compare TaxAct products and go over its help and support services. At the end of this review, you’ll have a clear understanding of what TaxAct can do for you and whether it is the right option for your tax filing needs. So, prepare to make smarter financial decisions and read on in our TaxAct Review for 2023.


If you are looking for reliable and affordable tax preparation software, TaxAct could be a good choice for you. It is a powerful software that offers a variety of features such as ease of use, competitive pricing, and mobile app compatibility. Users can access support through TaxAct’s team via phone or email. While TaxAct has its advantages, such as ease of use and pricing, it also has some drawbacks. For example, it may not be the ideal choice if you need more sophisticated tax solutions. However, if value and simplicity are a priority, then TaxAct could be an excellent option for you.


TaxAct is an online tax preparation software that offers users a comprehensive set of features. It has a mobile app that is available for both iOS and Android devices. One of the key benefits of TaxAct is that it transfers relevant information for any state return filing and helps you complete it. However, like any other tax preparation platform, TaxAct has both advantages and disadvantages. While it is robust software with limited missing features, the few drawbacks could be deal-breakers for some filers. Overall, TaxAct is an option worth considering for tax preparation with its comprehensive features.

Don’t Like

TaxAct is the software to use if you’re looking to save money on your taxes this year. The platform provides a simple and user-friendly system for filing your tax return online. TaxAct offers an array of tax filing options, including online and mobile filing, as well as desktop software. However, if you don’t like to do your taxes online, you can always choose to use their desktop software.

Additionally, TaxAct provides several tax preparation tools, including a Federal e-file option, to help you make the most of your deductions and credits. With TaxAct, you can rest assured that you are getting the most out of your tax return.

Who should use TaxAct?

TaxAct is an excellent option for individuals and small businesses who are looking for a cost-effective way to file their taxes. Compared to competitors, TaxAct is budget-friendly and offers a wide range of features to make the tax-filing process easier. One of the significant advantages of TaxAct is that it can transfer information to any state return you must file and assist in completing it. However, the program may not be the best fit for less tech-savvy individuals, as it does not prioritize aesthetics or chatbots. Despite this, reviewers generally consider TaxAct to be user-friendly and competitive against other tax software products in regard to pricing and ease of use.

Who shouldn’t use TaxAct?

While TaxAct is a great choice for a lot of people, it may not be the right fit for everyone. Individuals who require a user-friendly interface and advanced features may not find TaxAct fitting all of their needs. Those with complex tax situations may prefer to use software that has more specialized features. However, as an affordable tax preparation software, TaxAct is a great option for small business owners who are comfortable with technology. It is a valuable alternative for those who want to save money on tax-preparation software but are willing to accept the inconvenience of fewer features that other software provides. Ultimately, it’s a personal decision, but it’s worth considering both the cost and the features of TaxAct before deciding to use it.

TaxAct’s products and prices

TaxAct offers a range of pricing tiers that include several features and options. The pricing is divided into four levels, depending on the forms required for tax filing. As per their guarantee, they scan a database of over 350 credits and deductions, ensuring a maximum tax refund.

TaxAct supports various types of income, expenses, and deductions. Customers can report their expenses such as mortgage interest, charitable contributions, and taxes paid, amongst other expenses. TaxAct offers a 100% accuracy guarantee with security protocols and helps you prepare and file your Federal and State tax returns. However, while their Federal plans may be affordable, their state return fees are relatively higher. TaxAct’s ease of use, features, customer service, and pricing evaluations are highlighted in their 2023 review.

TaxAct Free

TaxAct offers a range of products at various prices to meet different tax preparation needs. Their fee-based products come with additional features like the Donation Assistant and Deduction Maximizer for self-employed individuals. However, TaxAct also offers a free version that allows individuals to claim earned income tax and child tax credits, retirement benefits, and education credits. It should be noted that state returns cost $40 with the free version.

TaxAct also offers free online tax preparation for non-itemized simple tax returns with no income limit to qualify for the free version. Additionally, their downloadable products come with unlimited tax support via email, while their online products come with unlimited free accounts and technical support via chat or phone. Overall, TaxAct provides a variety of options for individuals seeking affordable and reliable tax preparation services.


TaxAct Deluxe is an excellent option for homeowners who want itemized deductions, credits, and adjustments like mortgage interest, real estate taxes, and student loan interest. With additional coverage for various IRS forms, such as home business expenses, health savings accounts, and other credits, TaxAct Deluxe is a comprehensive solution for many taxpayers. The TaxAct Deluxe tier costs $24.95 to start, plus $44.95 per state return, making it an affordable option for many. Additionally, TaxAct’s Deluxe tier provides coverage for the child and dependent care expenses, adoption credits, and other important tax topics.

TaxAct has both advantages and disadvantages, like any other tax software platform. However, for those who want to prepare their taxes themselves and are looking for a lower-cost option, TaxAct Deluxe is a great choice. Its user-friendly interface and comprehensive coverage make it easy to file your taxes accurately and efficiently.


For investors with capital gains, rental property owners, and foreign bank account holders, TaxAct Premier is the necessary tier to use. The Premier option includes options for individuals earning royalties or K-1 income, and it costs $34.95 plus $44.95 per state return. Self-employed individuals and farmers should opt for TaxAct’s top tier, the Self-Employed edition, while others should use Premier or a lower tier. TaxAct Download is a cheaper option for federal tax returns, with pricing starting at $26.95, but the Basic package charges for state returns. TaxAct Premier adds a range of income types, including cryptocurrency sales, and is recommended for those with complex tax situations. With its variety of products and prices, TaxAct is a good choice for anyone who wants to save money on their tax return without sacrificing quality.


TaxAct offers a range of products at competitive prices to meet the unique needs of different tax filers. For self-employed individuals who have complex business situations, TaxAct’s Self-Employed product is a smart choice. It offers multiple federal and state forms and schedules to help ensure all deductions and credits are taken. While TaxAct’s pricing is slightly higher compared to some other online tax software, the Self-Employed product is around $20 less than H&R Block’s Self-Employed option, making it a cost-effective solution.

TaxAct’s Self-Employed product is recommended for freelancers, small businesses, and contractors who need extra support and guidance through the tax filing process. The user interface is intuitive and user-friendly, making it easier to navigate through the process of filing taxes. Overall, TaxAct’s Self-Employed product is an excellent value for the price and is highly recommended for those who need more forms and schedules for their complex tax returns.

TaxAct products, compared

TaxAct has become popular among businesses of all sizes due to its cost-effective pricing in comparison to its competitors. Although it may lack flashy graphics and chatbots, TaxAct is known for being user-friendly and easy to navigate. The software provides similar features to more expensive software packages like H&R Block and TurboTax at a lower price point. Many small businesses, including those in industries like veterinary software and e-learning, have made the switch to TaxAct for their tax needs.

Like any software, TaxAct has both advantages and disadvantages. Before choosing an option, consider your business’s specific needs to determine whether TaxAct is the best fit. However, it is safe to conclude that TaxAct offers a premium service at a more affordable price point.

TaxAct’s features

TaxAct simplifies the complex tax filing process by offering several features for preparing federal and state returns. The platform offers a convenient mobile app for both iOS and Android users. TaxAct assists state return preparation by transferring pertinent information and assisting in its completion, which reduces the hassle and saves time for users. Although the platform offers fewer features than some other tax preparation packages, it offers several beneficial features for easy tax preparation. However, TaxAct also presents some advantages such as lower costs, and disadvantages such as limited customer support. With TaxAct, users can expect reliable tax preparation assistance to complete their returns at a lower cost compared to other providers.

TaxAct’s help and support

TaxAct offers several ways for customers to access support and get help with their taxes. Customers can connect with TaxAct’s team via phone or email for account and technical support. If a customer needs one-on-one advice, they can use TaxAct’s Xpert Assist service, which puts them in touch with tax experts, CPAs, and enrolled agents. The Xpert Assist option provides unlimited advice to ensure you get the best guidance on your tax concerns. TaxAct also provides an answer center where you can find answers to the most frequently asked questions. Additionally, you can chat with their support team for immediate help. With all these options, TaxAct has made it easy and convenient to get the support you need to file your taxes.


TaxAct offers affordable tax filing solutions with the same level of precision as higher-priced competitors. Their suite of products impacts all income levels, including the more complex needs of freelancers and business owners. One unique feature of TaxAct is that it offers a guarantee that your tax refund will be maximized. The intuitive, user-friendly interface is easy to navigate and their online tools and resources equip taxpayers with the know-how to file taxes for maximum returns. However, if you have extremely complicated tax circumstances, it may be wise to look elsewhere. To learn more about TaxAct products, read our detailed review and let us know if you have any questions.

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