I used TaxAct last year for my income tax, and things went so great, I plan to use it in 2016, for my 2015 taxes. Keep reading for a full TaxAct review and comparison to TurboTax.
I used to be a TurboTax user
I was a loyal TurboTax user for over 10 years, but I broke up with TurboTax last year for the following reasons:
- The price of TurboTax is rising every year, to the point where it is getting excessive. If you have any investments, you’re paying $91.98 to file this year. You were doing taxes yourself to save money, not to spend it!
- Versions of TurboTax lost features they have always had, but kept the same name, a totally deceptive move by Intuit
- Annoying crashes and bugs in the desktop version that caused data and time loss
TaxAct review: it exceeded all my expectations
For my 2014 taxes, I found that TaxAct worked flawlessly. It handled the following situations with ease:
- Business income
- Multi-state return
I have to admit, I was a little skeptical about the quality, the security and the polish of TaxAct. But on all accounts, I was pleasantly surprised.
TaxAct review: it is a much better value
TaxAct is costs much less than TurboTax. Because of the low price I was skeptical if it would work. After using it, all my skepticism went away and I became a huge fan!
Let’s compare the price of TurboTax 2015 and TaxAct 2015 for Federal + 1 State:
|1040 + Itemized Deductions||Deluxe – $71.98||Basic – $24.98|
|1040 + Itemized Deductions + Investment Income (Schedule D, Schedule E)||Premier – $91.98||Plus – $29.98|
|1040 + Itemized Deductions + Investment Income + Business Income (Schedule C)||Home & Business – $116.98||Premium – $34.99|
You should try TaxAct as well. Go to TaxAct right now and check it out. You have nothing to lose – you can fill out your entire return before you pay, and decide if it is worth filing it. I think you’ll find, as I did, that TaxAct is a quality product and a reasonable price.