TaxAct vs. TurboTax: Which is the Better Choice?

By: TSPadmin

Filing tax returns can be a bit tricky especially if you are new to it, or if you have a lot of other things to accomplish. There are many popular and reputable tax assistance websites in the market today, such as TaxAct and TurboTax. They both offer a number of tax services depending on your requirements. This article will talk about two of these popular websites, hopefully giving insight on which can be the better fit for your tax needs.

TaxAct Overview

TaxAct offers a number of products depending on your income tax status. They have four main products which customers can choose from: free, basic, plus, and premium. Their ‘free’ option offers assistance for the most basic tax returns, and they do not charge when you file simple federal and state tax returns.

Their most affordable service, the basic package, is priced at 14.99 USD allowing customers to import tax data to their gadgets from the previous year. It can also track life events, and measures the impact of these life changes to help customers get the highest possible tax deductions. Furthermore, TaxAct guarantees customers 100% accuracy on tax return calculations, maximum federal refunds, and many more. You can also easily log-in to your account online, or download the software for easy access anytime and anywhere.

TurboTax Overview

Signing up with TurboTax is free. Just like TaxAct, they guarantee maximum refunds and 100% accuracy in tax calculations, and even if you missed your tax deadline, TurboTax can still help you file your return with the assurance of a great refund. They also guarantee zero charges for federal and state taxes.

TurboTax can be accessed using any gadget, whether you’re using a smartphone, tablet, or computer. A nifty feature of the site is that you can take a photo of your W-2 form so that you can verify your information easily. From there, they do their job, and input your information in all the necessary files, hassle-free. TurboTax customizes the experience for every client. Upon sign-up, you will be asked a number of questions to determine the best service that will fit your needs. They also provide live-on screen help called SmartLook, that gives customers detailed instructions on how to go about their tax returns.

So, which is the better choice?

The main purpose of websites like these is to create a fast and easy experience for its customers. Based on overall customer assistance, accessibility, and site features, it seems like TurboTax can be more advantageous for individuals looking for all the necessary help they can get in successfully accomplishing their taxes. While TaxAct has equally smart features that specifically attend to various tax situations, TurboTax has an interface that is easier to use making the task of filing returns smoother and faster. It also provides valuable information to users that help them understand the process of filing tax returns better, which may come in handy during the next tax season.

Leave a Comment