Online tax preparation
TaxSlayer is a tax preparation software that stands out for its unique pricing model, which is based on the level of support required rather than the complexity of the tax situation. It offers a range of packages suitable for different tax filing needs. The “Simply Free” package is for very simple tax situations with a taxable income under $100,000, no dependents, standard deductions, and no complex financial scenarios like stock sales or rental income. The “Classic” package, priced at $22.95 for federal and $39.95 per state, is popular for covering most tax situations, including investments and rental properties. “Premium” and “Self-Employed” packages, priced at $42.95 and $52.95 respectively for federal filing, offer additional support and features for more complex tax situations and self-employed individuals. State filing incurs an additional fee of $39.95 across all packages.
One significant advantage of TaxSlayer is its affordability, especially for users requiring advanced tax software. Its mid-range packages offer the same forms and features, with the difference in price being the level of support provided. The “Premium” tier, for instance, includes live chat, phone, and email support, access to tax professionals, and audit assistance, making it ideal for users who need extra help. The “Self-Employed” package is specifically tailored for self-employed individuals, offering guidance on self-employment taxes, 1099 income, and Schedule C deductions. TaxSlayer’s accuracy and maximum refund guarantees apply to all but the free package, promising accurate calculations and the largest possible refund.
TaxSlayer ensures a user-friendly experience with various features and support options across its packages. The software offers a searchable online knowledge base and extended guidance to help users prepare and file federal and state tax returns. The guaranteed maximum refund and 100% accuracy guarantees apply to all paid plans, ensuring users receive the maximum refund they are entitled to. TaxSlayer provides several refund options, including direct deposit, printed check, or deposit to a TaxSlayer Visa Debit Card. They also offer a tax refund calculator to help users estimate their refund based on their financial information. Additionally, TaxSlayer allows users to deduct their filing fees from their refund, making it convenient for those who prefer zero out-of-pocket expenses during filing.