You can file for free yourself with TaxAct's Free Edition if you meet the qualifications below, including filing using IRS Form 1040 only without having to attach any forms or schedules. Only certain taxpayers are eligible. Situations covered (assuming no added tax complexity): W-2 income, Unemployment income, Retirement income Earned Income Tax Credit, Child Tax Credit, Stimulus Credit Dependents Current Students Student loan interest Situations not covered: Investment income: Stock, interest, dividends, crypto, or capital gains/losses Sale of home, real estate taxes, mortgage interest, or rental property income Royalty, trusts, and foreign accounts Business and farm income Itemized deductions Adoption credits and child and dependent care Health Savings Account (HSA) Freelance, contractor, side hustle, or self-employed income and expenses If you don’t qualify for a basic federal tax return, we have other paid tax filing options to help you easily file taxes online with TaxAct.

Our services help customers prepare their tax returns. We offer federal and state DIY tax preparation, tax planning tools, and access to tax advice. We also provide tools to help you import tax data, calculate your deductions and credits, and maximize your tax refund. Our tax filing options for businesses apply to Partnerships, C Corporations, S Corporations, Sole Proprietors, and Tax-Exempt Orgs.

Yes, we offer a tax preparation software called TaxAct Professional, which is specifically designed for professionals including Certified Public Accountants (CPAs), Enrolled Agents (EAs), and tax preparers. TaxAct Professional features tax preparation tools, e-filing options, and comprehensive support to assist tax professionals in completing accurate and timely tax returns for their clients.