Introduction
Taxes can be one of the most stressful and time-consuming tasks anyone can take. Filling out forms and calculations can be complicated, and a small mistake can lead to a substantial penalty. That’s where tax software comes in. One of the best tax software in the market is TaxSlayer.
In this article, we will provide you with an honest review of the TaxSlayer tax software 2023 edition.
Features
TaxSlayer has a wide range of features designed to make tax preparation less daunting. It includes:
User-Friendly Interface
One of the standout features of TaxSlayer is its user-friendly interface. The software is easy to use and navigate, even for those with little to no experience in tax preparation. The software will provide you with a step-by-step process that guides you through the process of filing your taxes.
E-File Tax Returns
TaxSlayer allows you to e-file both federal and state tax returns. This process is much quicker than mailing a paper return, and it provides an estimated refund date. By e-filing your tax, you can receive your return quicker and receive funds directly in your bank account.
Max Refund Guarantee
TaxSlayer offers a maximum refund guarantee. They guarantee to provide you with the highest tax refund possible. If you can find another tax software that offers you a higher refund, they will refund your tax preparation fees.
Customer Support
TaxSlayer provides prompt customer support, which is available via live chat, email, or phone. Support is available 7 days a week during tax season, and 5 days a week outside tax seasons.
Import W-2 and 1099 Forms
With TaxSlayer, you can import your W-2 and 1099 forms rather than manually entering the information. This feature not only saves time, but it also reduces the chances of input errors.
Deduction Finder
TaxSlayer’s deduction finder constantly scans your return and looks for deductions that can increase your refund or reduce your tax liability. The feature is designed to help you maximize your deductions and ensure that you are not leaving money on the table.
State Tax Returns
TaxSlayer supports all state tax returns, and you can file for more than one state. This feature is helpful if you worked in multiple states during the year or if you moved during the year.
Mobile App
TaxSlayer offers a mobile app which allows you to complete your taxes from your phone or tablet. The mobile app has full functionality; it is not a watered-down version of the software.
Pros and Cons
Pros
- Easy to use interface
- Maximum refund guarantee
- Import W-2 and 1099 forms
- Deduction finder
- Mobile app
Cons
- Some features are available at an additional cost
- State tax returns are not free
- The help center could be more robust
Pricing
TaxSlayer offers four different pricing options depending on your tax filing needs:
- Free
- Classic – $24.99
- Premium – $44.99
- Self-Employed – $54.99
While the free option only allows for simple tax returns, higher-priced options offer more complex filing options such as self-employed individuals or those with rental properties.
However, it’s worth noting that certain features like audit defense or prior-year import will come at an additional cost.
Frequently Asked Questions (FAQs)
1. Is TaxSlayer easy to use?
Yes. TaxSlayer has a user-friendly interface that guides users through each step of the tax preparation process.
2. Does TaxSlayer offer a maximum refund guarantee?
Yes. TaxSlayer offers a maximum refund guarantee.
3. Can I import my W-2 and 1099 forms into TaxSlayer?
Yes. TaxSlayer allows you to import your W-2 and 1099 forms directly into the software.
4. Can I file my state tax returns with TaxSlayer?
Yes. TaxSlayer supports tax filing in all 50 states.
5. Does the mobile app offer full functionality?
Yes. The TaxSlayer mobile app offers full functionality, allowing users to complete their taxes from their phone or tablet.
6. Does TaxSlayer offer audit defense?
Yes. TaxSlayer offers audit assistance. However, it comes at an additional cost.
7. Will I receive my tax refund faster with e-filing?
Yes. E-filing is quicker than mailing a paper return, providing an estimated refund date. It is also more secure, ensuring your personal information is protected.
8. Can I file for multiple states using TaxSlayer?
Yes. With TaxSlayer, you can file for multiple states, and the software supports all state tax returns.
9. What if I need help with my taxes?
TaxSlayer offers customer support through live chat, email, or phone during both the tax season and offseason.
10. Is TaxSlayer worth the cost?
Yes. TaxSlayer is a reasonably priced tax software that offers a wide range of features designed to make tax preparation less daunting.
Conclusion
Overall, TaxSlayer is an excellent choice for those looking for a reliable, user-friendly, and affordable tax preparation software. The software is available both online and via a mobile app and offers a wide range of features for a reasonable price. TaxSlayer also offers exceptional customer service and support. While certain features may come at an additional cost, it is worth it for those who need more complex filing options.
