TaxAct vs TurboTax

Jenna Vasquez
Jenna Vasquez | Contributor

Tax Defense Network and Community Tax both offer great tax preparation services. TurboTax can cost you anywhere from $0 to $89.99 in federal fees, and TaxAct ranges between $0 to $30.00 in federal fees.

While both are good options to have prepare your taxes, TurboTax automatically suggests deductions and guarantees a maximum refund.

TaxAct logo
#6 TaxAct
5.2 Overall Score
4.3
star star star star star_half
(76)
TurboTax logo
#1 TurboTax
7.4 Overall Score
4.5
star star star star star_half
(840)

Overview

TaxAct

Accreditations

None

Available on Staff

CPAs

Available Features

Federal Filing, State Filing

Time in Business

Undisclosed

TurboTax

None

CPAs

Federal Filing, State Filing

Undisclosed

Ratings

TaxAct

Overall Score
5.2 of 10
Review Score
4.3
star star star star star_half
Value for Money
4.1
star star star star star_border
Quality of Product or Service
4.3
star star star star star_half
Company Trustworthiness
4.3
star star star star star_half
Likely to Recommend
7.7 of 10

TurboTax

7.4 of 10
4.5
star star star star star_half
4.3
star star star star star_half
4.5
star star star star star_half
4.5
star star star star star_half
8.5 of 10

Reviews

TaxAct

Number of Reviews
76
Review Breakdown
4.3
star star star star star_half
1 star
4%
2 star
1%
3 star
11%
4 star
28%
5 star
57%

TurboTax

840
4.5
star star star star star_half
1 star
3%
2 star
2%
3 star
6%
4 star
25%
5 star
63%

Reviews for TaxAct

Helpful Favorable Review

star star star star star

Rakim Carpenter

July 3rd, 2022

DETAILS

The best absolute best hands down for business owners. I used Turbotax for years. It was an excellent product. But, FreeTax has the same feel, is as easy to use as Turbotax, and provides the same information. I've looked at a few other tax preparation packages that were not as good.

Helpful Critical Review

star star_border star_border star_border star_border

Jane

September 19th, 2021

DETAILS

TaxAct made a mistake on my 2020 return. The refund they calculated on my 1040 Schedule A was adjusted by $548.17 from the IRS. I got a letter from the IRS saying my refund was adjusted and the possible errors. I don't understand the error and TaxAct is not helping. Their only response is to contact the IRS. Don't they have 100% accuracy guarantee? That's only if they take your phone call!

Reviews for TurboTax

Helpful Favorable Review

star star star star star

Who Knows

September 10th, 2022

DETAILS

I love TurboTax. Their services are very affordable, and help you get the best experience out of doing your taxes. I will always encourage my family and friends to file through TurboTax. Customer service is the absolute best!

Helpful Critical Review

star star_border star_border star_border star_border

Thawkes2017

October 18th, 2022

DETAILS

I thought for the longest that doing my own taxes was the best thing to do. That was until I was part of the Turbo Tax settlement because they had been overcharging me. Otherwise the process was simple.

The Final Word

As simple and affordable ways for people to file their federal and state returns, TaxAct and TurboTax are both strong solutions. 

TaxAct is easy to use, and it guarantees that you do not forget anything thanks to the mini-alert system. It has a long list of accuracy tools to ensure the best results, and it even offers up a maximum refund guarantee. 

Ultimately, we recommend TurboTax due to the deductions that it recommends automatically as well as the accuracy of its software, even if prices may be slightly higher. 

Top Choice

TurboTax Logo
TurboTax

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