Filing your taxes can be a daunting task, but with the right tax software, it can be a breeze. TaxSlayer is one of the popular tax software available in the market. In this article, we will take a closer look at TaxSlayer and help you decide if it’s the right choice for you.
What is TaxSlayer?
Taxslayer is a cloud-based tax preparation software that allows users to file both federal and state taxes online. It’s a popular and affordable tax software used by individual users and business owners alike.
Features of TaxSlayer
1. Easy Navigation
TaxSlayer’s user interface is intuitive and easy to navigate, making it simple for all users to file their taxes with ease. The software guides you through the tax preparation process step by step whether you’re a new or experienced user.
2. Affordable Pricing
TaxSlayer offers plans to fit every budget. You can file a basic federal return for free, while the premium version starts at just $17.
3. Live Support
If you have any questions or concerns while using TaxSlayer, you can reach to their customer support team for assistance via phone or email. This added support will give you peace of mind as you file your taxes.
4. Mobile App Access
TaxSlayer has a mobile app that allows you to file taxes on the go, making it easier for users to file taxes even while on vacation or travelling.
5. Import Features
TaxSlayer allows you to import tax data from different sources including W-2 forms and donation receipts. This feature helps you save time and reduces the risk of errors in the tax filing process.
6. Maximum Refunds and Deductions
TaxSlayer’s software is designed to maximize deductions and refunds you’re eligible for. This feature can help you get the best possible return during tax season.
How to Use TaxSlayer
1. Creating an Account
To begin using TaxSlayer, you need to create an account by providing some basic information like your name, email, and phone number. After creating your account, you can select the type of return you wish to file and your preferred plan.
2. Filing a Tax Return
Once you have selected a plan, you can start filling out your tax return. TaxSlayer will prompt you to enter all necessary information, and you can also import any data from previous years, W-2 forms, and other sources.
3. Reviewing and Submitting your Tax Return
Before submitting your tax return, TaxSlayer will prompt you to review your entries to ensure accuracy and completeness. Once you’re satisfied with your entries, you can submit your tax return to the IRS.
Pros and Cons of using TaxSlayer
Pros
- Free plan available for basic tax returns
- Offers the ability to import data from various sources
- User-friendly interface
- Affordable pricing options
- Mobile app access to file taxes on the go
- Live support available via phone and email
Cons
- No physical locations for in-person assistance
- Limited features in free version for more complex tax returns
- May be slower to upload larger files or complete complex returns
FAQs about TaxSlayer
1. Can I file both federal and state taxes with TaxSlayer?
Yes, TaxSlayer allows users to file both federal and state taxes online.
2. Can I file my taxes using TaxSlayer for free?
Yes, TaxSlayer has a free plan for basic tax returns.
3. Is TaxSlayer same as TurboTax?
No, TaxSlayer and TurboTax are two different tax preparation software companies.
4. Do I need to download TaxSlayer software on my computer?
No, TaxSlayer is a cloud-based software that can be accessed online. You can also download their mobile app on your phone.
5. What if I need help while using TaxSlayer?
TaxSlayer offers live customer support via phone and email to assist you with any questions or concerns you may have while using their software.
6. Is using TaxSlayer safe and secure?
Yes, TaxSlayer employs several security measures to keep your information safe while using their software. They also offer fraud protection guarantee.
7. Can I cancel my TaxSlayer account if I change my mind?
Yes, you can cancel your TaxSlayer account at any time by contacting the customer support team.
Conclusion
TaxSlayer is a user-friendly and cost-effective tax preparation software that caters to various user needs. While it may not offer some of the bells-and-whistles of more expensive competitors, it’s a great choice for those looking for a solid and reliable tax software. Overall, TaxSlayer is a fantastic option to consider for anyone looking for the best tax software for the upcoming season.
