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Free Tax Preparation Software from TaxAct.com

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Free Tax Preparation Software from TaxAct.com
 
Discuss (15) : History : Tell : Posted 4:54 AM PST 01/30/08 by Ben
Free Tax Preparation Software from TaxAct.comTaxAct is once again offering their free online tax preparation service. You can prepare and print your tax forms free, or E-file for free as well. They are a government authorized e-file provider.
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#1   tazman - Posted 5:49 am PST 01/30/08 (147 Posts)
So how much information on your tax return do they sell?
#2   nimbus - Posted 5:53 am PST 01/30/08 (74 Posts)
None - been using them for years. I pay to file the state taxes though - that's where they make their money on this deal.

Still, they are the best I have used.
#3   n_rohrer - Posted 6:00 am PST 01/30/08 (181 Posts)
I agree with #2, I used taxact last year, it was very easy and best of all... free.
#4   gassyjoe - Posted 6:23 am PST 01/30/08 (1236 Posts)
I have been using taxact for a few years now. It started out being a good program to use but lately I've started having issues with it. I don't know if my taxes have become more complicated recently or if the help in taxact has gotten less useful. Either way, last year I used it and it didn't seem to be as clear and easy to follow as before. This year I went with the $20 TaxCut deal that was posted not to long ago. We'll see how that goes.
#5   ralphk917 - Posted 6:32 am PST 01/30/08 (789 Posts)
I have to lean toward #1 - I don't trust the net. (well, i don't trust some of you 'special' people roaming the net). How many companies have botched their secure servers and let out all types of sensitive info. I consider myself a nerd, but I like the paper filing method, until Uncle Sam puts up his own server farm and locks it down tight, I'm going to stick with paper...
#6   Wizard Prang - Posted 6:34 am PST 01/30/08 (297 Posts)
#1 your cynicism is showing Smile

It's understandable though. Seems everyone is after our data, and nobody wants to pay for it...

The free version does not allow you to import your details from last year (the "Federal" paid version that costs $12 does this), nor does it do state returns ("Federal and State" paid version runs about $20 and includes one State return). My one gripe is that they charge you to e-file State, but I file by mail and that does not cost extra.

Verdict: If your tax situation is simple, this is a great product. I have used (paid versions of) this for the past four years, and highly recommend them.
#7   sicmedia - Posted 6:43 am PST 01/30/08 (13 Posts)
are they selling your data- my advice get an accountant... considering you can write off the cost on your taxes and they find things you would not think of
#8   Wizard Prang - Posted 7:01 am PST 01/30/08 (297 Posts)
Additional: I have always used the download version. I have an aversion to posting my financials online.

Just wanted to clear that up.
#9   coronetblue - Posted 8:02 am PST 01/30/08 (512 Posts)
#5 - if you think the government will provide us with something that is "locked down tight" you're dreaming. That will NEVER happen.

The tightest lock you'll ever get on the network will be from a private company that has to fight for every dollar it makes on a daily basis, not from a government agency that has a guaranteed long-term meal ticket whether it shows up for work or not.

Re: TaxAct - I've also used them for the past two years and have had no problems.

If anyone is worried about their network identity or information, they need to signup for a service such as LifeLock.

Otherwise, don't sweat it. You should be worrying about dying in an automobile accident - NHTSA figures for 2006 are 120 dead every DAY in the US in traffic fatalities.

Perspective...
#10   kewidogg - Posted 9:14 am PST 01/30/08 (293 Posts)
But I heard death by tax returns was on the rise
#11   1swift - Posted 12:56 pm PST 01/30/08 (13 Posts)
doesnt taxcut give a MIR everywhere if u go buy it at staples or something...and it imports from last year so thats waht ive been doing...dont think ive even heard of this one
#12   aquaflare - Posted 2:21 pm PST 01/30/08 (3123 Posts)
been using them for years also.. prob not suitable for people with complicated income tax, but if your income is simple enough, then this is good
#13   BigBen12 - Posted 4:36 pm PST 01/30/08 (15 Posts)
Is this better than turbo tax
#14   hakimosabi - Posted 3:24 pm PST 01/31/08 (6 Posts)
like hr and block. but will give this one a try
#15   emorriswa - Posted 8:41 am PST 02/1/08 (133 Posts)
They still have the download version available.
 
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