TaxACT Offers Taxpayers 50 Percent More IRS Forms for Free Than Its Competitors

TaxACT Offers Taxpayers 50 Percent More IRS Forms for Free Than Its Competitors 
Business Owners, Investors, Landlords and All Cost-Conscious
Americans Can Save Time and Money With TaxACT Free Edition 
CEDAR RAPIDS, IA -- (Marketwired) -- 01/30/14 --  TaxACT(R), the
critically acclaimed leader of affordable tax solutions, is the only
leading brand that includes all e-fileable IRS forms, allowing all
taxpayers -- regardless of return complexity -- to file individual
tax returns free. TaxACT Free Edition supports approximately 75 to
120 more IRS forms than other leading online brands. Based on prices
listed on websites on January 30, 2014, others are charging $19.99 to
$74.99 for products with the same IRS forms available for free with
TaxACT. 
TaxACT has been accepting 2013 federal and state e-filed returns
since January 6 but will begin submitting all e-filed 2013 returns to
the IRS tomorrow. Last year, the company submitted nearly 7 million
e-filed individual returns that were accepted by the IRS, and almost
4.5 million returns accepted by states. 
Among the IRS forms supported by TaxACT Free Edition but not in
solutions by other top brands include:  


 
--  Forms 1040 and 1040NR
--  Schedules C and SE, plus forms for self-employed, sole proprietors,
    partnerships, LLCs and corporations
--  Schedule D and Form 1099-B for investors
--  Schedule E for rental property owners
--  Schedule F for farmers
--  Form 1045 and schedules for net operating losses

  
See additional information below. For a complete list of forms in
TaxACT Free Edition, visit www.taxact.com/freeforms. 
TaxACT is also the only leading brand that allows taxpayers to start,
finish and e-file their returns from any device, anytime, anywhere.
TaxACT Online, the tablet app and the new TaxACT Express smartphone
app offer free federal filing and affordable state filing, from
$7.99-$14.99. Other brands are currently charging $14.99 to $36.99
for state filing.  
About TaxACT 
TaxACT is the critically acclaimed leader of affordable digital and
download tax preparation solutions for consumers, business owners and
tax professionals. In the 2005 tax season, TaxACT became the first to
offer free federal tax software and e-file to all U.S. taxpayers.
Since 2000, TaxACT Online has assisted with more than 45 million
e-filed federal returns. TaxACT is a business of Blucora, Inc.
(NASDAQ: BCOR). Learn more about TaxACT at www.taxact.com and
www.taxact.com/press. 


 
                                                                            
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 IRS Forms Comparison - TaxACT Online Free Edition, TurboTax(R) Online and H&R
                                Block(R) Online                               
----------------------------------------------------------------------------
                    TaxACT     TurboTax   TurboTax     H&R Block  H&R Block 
                    Online     Online     Online Paid  Online     Online    
                    Free &     Free       Solutions    Free       Paid      
                    Paid                                          Solutions 
----------------------------------------------------------------------------
Recommended for     All        New users, Maximize     Simple tax Self-     
                    taxpayers, simple     deductions,  situations employed, 
                    all        taxes      investments,            rental    
                    situations            rental                  property  
                                          property,               owners    
                                          sole                              
                                          proprietors,                      
                                          self-                             
                                          employed                          
----------------------------------------------------------------------------
Federal return +    $0 Free    $0         $19.99 -     $0         $19.99 -  
e-file              Edition               $74.99*                 $49.99*   
                    $9.99                                                   
                    Deluxe                                                  
----------------------------------------------------------------------------
                                                                            
----------------------------------------------------------------------------
Form 1040              Free        No       Included      Free     Included 
----------------------------------------------------------------------------
Form 1040NR/EZ         Free        No          No          No         No    
----------------------------------------------------------------------------
Schedule C                                   Home &                         
Profit or Loss from    Free        No       Business       No      Included 
Business                                     $74.99                         
----------------------------------------------------------------------------
Schedule SE                                                                 
Self-Employment Tax    Free        No       Included       No      Included 
----------------------------------------------------------------------------
Form 4562                                                                   
Depreciation and       Free        No       Included      Free     Included 
Amortization                                                                
----------------------------------------------------------------------------
Form 8829                                    Premier                        
Expenses for                                 $49.99                         
Business Use of        Free       Free       Home &        No      Included 
Your Home                                   Business                        
                                             $74.99                         
----------------------------------------------------------------------------
Form 1099-MISC for                                                          
Miscellaneous          Free        No       Included      Free     Included 
Income received                                                             
----------------------------------------------------------------------------
Form 1045                                                                   
Application for        Free        No          No          No         No    
Tentative Refund                                                            
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Schedule D                                   Premier                        
Capital Gains and                            $49.99                         
Losses                 Free        No        Home &        No      Included 
                                            Business                        
                                             $74.99                         
----------------------------------------------------------------------------
Form 1099-B                                  Premier                        
Proceeds from                                $49.99                         
Broker Transactions    Free        No        Home &        No      Included 
                                            Business                        
                       
                      $74.99                         
----------------------------------------------------------------------------
Schedule E                                   Premier                        
Rents, Royalties,                            $49.99                         
Partnerships, Etc.     Free        No        Home &        No      Included 
                                            Business                        
                                             $74.99                         
----------------------------------------------------------------------------
Schedule F                                   Home &                         
Profit or Loss from    Free        No       Business       No      Included 
Farming                                      $74.99                         
----------------------------------------------------------------------------
Schedule K-1s                                Premier                        
(Forms 1041, 1065,                           $49.99                         
1120S)                 Free        No        Home &        No      Included 
                                            Business                        
                                             $74.99                         
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Form 8824                                    Premier                        
Like-Kind Exchange                           $49.99                         
                       Free        No        Home &        No         No    
                                            Business                        
                                             $74.99                         
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*Forms and prices published on websites as of 1/30/14.  
Contact 
Jessi Dolmage
TaxACT Public Relations
pr@taxact.com
(319) 373-3600 
 
 
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