TaxACT Specifications

TaxACT Product Details

Features:

  • No hassle of trying to get copies of the right paper forms—With TaxACT Online, it's all right here at your fingertips! Easily print your IRS-approved form onto plain paper using Adobe Acrobat Reader, or e-file for a faster refund!

  • No software to download! Start preparing your tax return right away—without the hassle of purchasing, downloading, or installing software.

  • Prepare your taxes at your own pace—Your return is automatically saved as you go, so you can stop at any time without losing your work. Just log back in when you're ready to continue.

  • Get the maximum deductions legally possible—With TaxACT Online, you can rest assured you're benefiting from all the latest tax law changes and tax saving tips.

  • 1040EZ won't cut it? No problem! TaxACT Online automatically determines which 1040 form you qualify for and calculates accordingly.

  • Time-saving Import feature—No need to re-key the same data every year! Why risk the costly data entry errors? With TaxACT Online, you simply import your previous year's online return.

  • Expert Tax Advice incorporated into TaxACT from the leaders of tax advice—J.K. Lasser's Your Income Tax Guide by John Wiley and Sons, Inc. For over 60 years, more than 38 million Americans have trusted J.K. Lasser to help them save money at tax time. Now, you can access J.K. Lasser's Your Income Tax Guide with just a click of your mouse.

  • Informative Life Events advice—TaxACT assists you in determining how to handle major Life Events such as getting married, having children, selling your home, and other events that have an impact on your taxes.

  • Get a head start on next year's taxes—TaxACT Online's Tax Watch feature analyzes your current return and identifies areas that may be affected by next year's tax law changes. Plus, you get valuable tax-saving tips and financial reminders to help you minimize the impact of those changes.

  • "Where Does Your Money Go" Table—Ever wonder how your tax dollars are spent each year? This handy component of the Tax Watch feature provides a summary of government tax spending percentages based on the taxes you paid in.

  • Electronic Refund Transfer Payment Option - This payment preference allows you to pay for the tax preparation & filing costs by having the amount deducted from your Federal or State tax refund, eliminating the necessity for a credit card.1

  • Maximize your depreciation deductions—The Depreciation Summary, Future Years Depreciation Summary, and Disposal Summary Reports provide an easy method to review all of your assets in one convenient list to make sure that you are not missing out on any valuable deductions.

  • Print or e-file your state return.

  • Like our federal product, you can prepare your return for free. You don't pay anything until you are ready to print or e-file.

  • TaxACT Online supports all 43 resident states and 32 part-year/non-resident states.

 

 
TopTenREVIEWS
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Online Tax Software Review

TaxACT 2008

Publisher: 2nd Story Software, Inc.
Version: 2008
Excellent
Overall Rating
Excellent
Intuitive Navigation
Excellent
Novice-Friendly
Excellent
Ease of Sign-up
Excellent
Feature Set
Excellent
Help/Documentation/Search
Lowest Price:
$17.95
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#3 of 8 Online Tax Software Products
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Lowest Price:
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User Reviews

User Review Summary
Fair
based on (6) Reviews
Very Good
3
Music critics combined give TaxACT a score of 3 out of 4
(0)
Good
2
Music critics combined give TaxACT a score of 2 out of 4
(0)
1
Music critics combined give TaxACT a score of 1 out of 4
(3)
0
Music critics combined give TaxACT a score of 0 out of 4
(2)
Personally, I do not like to have to catch program bugs in the products that I purchase. I have used Taxact for years after having problems with TaxCut. This year though, I found error after error with the programming and after I found the fourth one,
by sascec on February 04, 2009 09:32 AM MST CARY, NORTH CAROLINA
119 of 130 found this review helpful
TaxAct is the best! Parsons Technology had the best tax preparation software, which is why Intuit (owner of TurboTax) bought Parsons. After that, the accountants/CPAs who had developed the Parsons software formed 2nd Story Software, and introduced TaxAct
by PFVF on February 13, 2009 12:13 PM MST DAVENPORT, IOWA
37 of 42 found this review helpful
Make sure you understand that if you choose the ENDEAVOR card for your refund, know that you may wait longer for your refund than direct deposit! It is not 7-10 days from IRS acceptance! You will get a ENDEAVOR card, but it has not had the refund
by my5people on January 30, 2009 02:40 PM MST KINGMAN, ARIZONA
35 of 55 found this review helpful
I have used TaxAct with it's eFile for years. In the past once I sent in my return I was able to print the form. This year when I went to print an Upgrade box popped up. Since I did not want to upgrade I closed the box. The only option available was
by MisterEd on April 13, 2009 12:54 PM MDT PINELLAS PARK, FLORIDA
11 of 14 found this review helpful
Absolutely ridiculous that site crashes on April 14th. I have been trying to log in since 5PM EST, now 12:30AM EST. Is it really possible for a tax site to not have enough band width to operate at a near normal speed on tax day? It is taking upwards
by MIKEH on April 15, 2009 03:54 PM MDT COLUMBIA, MARYLAND
2 of 6 found this review helpful
So-- I decided to try Tax Act this tax year, I wanted to see for myself whether it was worth the small affordable charge-- that makes it sooo tempting. In some cases-- you really do -- get what you pay for! If you have complex questions - you can not
by CAdvocate on October 16, 2009 10:23 AM MDT NORTH HOLLYWOOD, CALIFORNIA
2 of 2 found this review helpful

User Comments

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by sascec February 4, 2009 9:34 AM MST
Watch out for errors with this product, particularly in the AMT calculations and the State returns.
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