purchase Protection Plus when you file, but you can cancel for a full refund within 30 days of purchase as long as you haven’t already received an audit notice. Pricing is subject to change, but the line-item cost for Protection Plus has never exceeded the cost of a Self-employed plan...
Self-Employed $159.99 includes one state As the name implies, this version is designed for gig workers, freelancers, and others with self-employment income, allowing you to include income from 1099-NEC forms and deduct related expenses. In addition to everything in Premier, it can also be ...
In terms of pricing, both software programs offer free federal tax returns but TaxAct has cheaper pricing for premium plans to support more complex tax filings. TaxAct:Has three (3) different DIY plans for tax filers, including an option for those who are self-employed. Paid plans range fro...
The tax software can handle the most basic 1040 tax return to the most complicated, self-employed tax needs. TaxAct offers functionality across multiple package options, all intended to meet your needs. Free basic federal and state return. If you file a Form 1040 with Form W-2 wage and ...
UseSchedule Cto report all of yoursmall business deductionseven if you areself-employed. Below is a list of business deductions: Advertising Deduction Home Office Deduction Legal Deduction Travel Deduction Tax calculator Curious how certain tax deductions and credits will affect your taxes? Check out ...
You candeduct direct business expensesas a self-employed person or sole proprietor. That includes supplies, the costs of materials used in the inventory you sell, advertising, and shipping. You may also be able to deductvehicle expensesfor travel to purchase supplies and promote your business. If...
Product variety.5 different TaxAct products exist and cater to differing tax return complexity. The tax software can handle the most basic 1040 tax return to the most complicated,self-employed taxneeds. TaxAct offers functionality across multiple package options, all intended to meet your needs. ...
Finally, you can get the Self-Employed package for $94.95. This package helps you find and maximize your business deductions. It allows you to report 1099-NECs, business income and farm income. Plus, it helps you calculate depreciation on your equipment, machinery and other items. ...
On top of that, the Premier and Self-Employed options don’t include live agent support from CPAs or other tax experts, although this will be tempered by the rollout of TaxAct’s Xpert Help service in due course. The TaxAct website gets you off to a great start in that it lets ...
Self-Employed Retirement Plans SSN - Alimony Paid by Both Taxpayer and Spouse Standard Mileage Vehicle ExpenseFederal Deductions/Credits > Self Employed Deductions Business - Expenses Business - Use of Home - General Information Form 1099-MISC - Entering in Program Form 1099-MISC - Other Income Form...