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TaxAct Sole Proprietor

Name: TaxAct - Tax Preparation Software
Brand: TaxAct
Rating: 4.5 (24266 reviews)

Online tax filing for sole proprietors and self-employed business owners that is designed to give you the maximum tax benefit for business income, expenses, and depreciation. Not a business owner?

^$ 64 ⁹⁹

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Pay only when you file

Our products are easy to use and guarantee accuracy

Maximize your business deductions

Take advantage of the deductions most commonly claimed by other filers like you.

Extended access to your return

With one year of online return access and six years of PDF access, it's easy to print copies and plan for next year.

All the support you need

Never get stumped by a tax question. Search for the fastest answers in the Answer Center, or contact us for account and technical support when you need it.

Finds all your credits and deductions

Maximize your deductions and minimize your taxes with TaxAct Sole Proprietor. All the forms and features you need are included, so you get your guaranteed maximum refund.*

All the support you need

Never get stumped by a tax question. Search for the fastest answers in the Answer Center, or contact us for account & technical support when you need it.

Finds all your credits & deductions

Maximize your deductions and minimize your taxes with TaxAct Sole Proprietor. All the forms & features you need are included so you get your guaranteed maximum refund.

Import from TurboTax® or H&R Block®

TaxAct can import data from PDF files of 1040 returns prepared by TurboTax® and H&R Block®.

Security is a top priority

We utilize security technology and monitoring processes, and we partner with the IRS to protect your personal information.

Free IRS e-file

E-filing your return is fast, accurate, and free. You'll also receive confirmation once the IRS has processed your return.

TaxTutor Guidance

Get easy-to-follow, expert tax tips and strategies — the biggest money-saving deductions, explanations of complex tax-law changes, and pitfalls to avoid.

Navigate your tax return on your terms

With TaxAct Bookmarks, simply mark a spot in your Q&A to return to that question at any time quickly.

FAFSA Assistance

TaxAct makes it easy to complete the FAFSA. Prepare and print a worksheet with the tax info your need to get your financial aid.

Complete tax glossary

Get the definitions for nearly 300 tax terms linked directly from the TaxAct interview process right when you need them.

Free amended tax returns

Need to amend your IRS return? File Form 1040X at any time — no upsells or upgrades required.

Step-by-step guidance for your maximum refund

Your return is guaranteed 100% accurate,* and you'll get your maximum refund the fastest way possible with e-file.

TaxAct Alerts

Steer clear of problems. TaxAct Alerts meticulously inspects your return for errors, omissions, and valuable tax-saving opportunities you may have missed.

Free e-file for fast, accurate return filing and confirmation

E-file for free and get a notification via email or text as soon as the state has processed your return.

TaxAct® Xpert Assist

Add assistance from our live tax experts. They’ll give you helpful tax advice in a moment of need — and they can help you do a quick review before you file.

Select list of Federal and State tax forms supported

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	Description	Free	Deluxe	Premier	Self Employed	Sole Proprietor
Form 1040	U.S. Individual Income Tax Return
Form 1040ES	Estimated Tax Vouchers
Form 1040V	Payment Voucher
Form 1040X	Amended U.S. Individual Income Tax Return
Form 1045	Application for Tentative Refund
Form 1127	Application for Extension of Time for Payment of Tax Due to Undue Hardship
Form 1310	Refund Due a Deceased Taxpayer
Form 14039	Identity Theft Affidavit
Form 2120	Multiple Support Declaration
Form 2210	Underpayment of Estimated Tax by Individuals Estates and Trusts
Form 2210F	Underpayment of Estimated Tax by Farmers and Fishermen
Form 461	Limitation on Business Losses
Form 4852	Substitute for Form W2 and 1099R
Form 4868	Application for Automatic Extension of Time to File
Form 5471	Information Return of U.S. Persons With Respect to Certain Foreign Corporations
Form 8332	Release/Revocation of Release of Claim to Exemption
Form 8379	Injured Spouse Allocation
Form 8453	Tax Transmittal for EFile
Form 8606 (Spouse)	Nondeductible IRAs
Form 8606 (Taxpayer)	Nondeductible IRAs
Form 8606WS (Spouse)	Inherited Nondeductible IRAs
Form 8606WS (Taxpayer)	Inherited Nondeductible IRAs
Form 8615	Tax For Certain Children Who Have Unearned Income
Form 8815	Exclusion of Interest From Series EE & I U.S. Savings Bonds Issued After 1989
Form 8822	Change of Address
Form 8862	Information to Claim EIC After Disallowance
Form 8863	Education Credits
Form 8886	Reportable Transaction Disclosure Statement
Form 8888	Allocation of Refund (Including Bond Purchases)
Form 8915C (Spouse)	Qualified 2018 Disaster Retirement Plan Distributions and Repayments
Form 8915C (Taxpayer)	Qualified 2018 Disaster Retirement Plan Distributions and Repayments
Form 8915D (Spouse)	Qualified 2019 Disaster Retirement Plan Distributions and Repayments
Form 8915D (Taxpayer)	Qualified 2019 Disaster Retirement Plan Distributions and Repayments
Form 8915F (Spouse)	Qualified Disaster Retirement Plan Distributions and Repayments
Form 8915F (Taxpayer)	Qualified Disaster Retirement Plan Distributions and Repayments
Form 8990	Limitation on Business Interest Expense Under Section 163(j)
Form 8995	Qualified Business Income Deduction Simplified Computation
Form 8995A	Qualified Business Income Deduction
Form 9465	Installment Agreement Request
Form 965A	Individual Report of Net 965 Tax Liability
Form W-4	Employee's Withholding Allowance Certificate
Form W-4P	Withholding Certificate for Periodic Pension or Annuity Payments
Form W-4R	Withholding Certificate for Nonperiodic Payments
Form W7	Application for IRS Individual Taxpayer Identification Number
Schedule 8812	Credits for Qualifying Children and Other Dependents
Schedule EIC	Earned Income Credit
Schedule LEP	Limited English Proficiency
Schedule R	Credit for the Elderly or the Disabled
Form 1040ESNR	Estimated Tax Vouchers For Nonresident Alien Individuals
Form 1040NR	U.S. Nonresident Alien Income Tax Return
Form 1040SS	U.S. Self Employment Tax Return
Form 1116	Foreign Tax Credit
Form 1116AMT	Foreign Tax Credit for AMT
Form 2106	Employee Business Expenses
Form 2441	Child and Dependent Care Expenses
Form 2555	Foreign Earned Income
Form 3115	Application for Change in Accounting Method
Form 3468	Investment Credit
Form 3800	General Business Credit
Form 3903	Moving Expenses
Form 4136	Credit for Federal Tax Paid on Fuels
Form 4137	Tax on Unreported Tip Income
Form 4562	Depreciation and Amortization
Form 4563	Exclusion of Income for Bona Fide Residents of American Samoa
Form 4684	Casualties and Thefts
Form 4835	Farm Rental Income and Expenses
Form 4952	Investment Interest Expense
Form 4972	Tax on Lump Sum Distributions
Form 5074	Allocation of Individual Income Tax to Guam or the CNMI
Form 5329 (Spouse)	Additional Taxes on Qualified Retirement Plans
Form 5329 (Taxpayer)	Additional Taxes on Qualified Retirement Plans
Form 5405	Repayment of the First Time Homebuyer Credit
Form 5695	Residential Energy Credits
Form 5884	Credit for Affected Disaster Area Employers
Form 5884A	Work Opportunity Credit
Form 6198	At Risk Limitations
Form 6251	Alternative Minimum Tax
Form 6252	Installment Sale Income
Form 6478	Biofuel Producers Credit
Form 6765	Credit for Increasing Research Activities
Form 6781	Gains and Losses From Section 1256 Contracts and Straddles
Form 8283	Noncash Charitable Contributions
Form 8396	Mortgage Interest Credit
Form 8582	Passive Activity Loss Limitations
Form 8582CR	Passive Activity Credit Limitations
Form 8586	Low Income Housing Credit
Form 8594	Asset Acquisition Statement Under Section 1060
Form 8609	Low Income Housing Credit Allocation and Certification
Form 8609A	Annual Statement for Low Income Housing Credit
Form 8621	Return by a Shareholder of a Passive Foreign Investment Company or Qualified Electing Fund
Form 8689	Allocation of Individual Income Tax to the U.S. Virgin Islands
Form 8801	Credit for Prior Year Minimum Tax
Form 8814	Parents' Election to Report Child's Interest and Dividends
Form 8820	Orphan Drug Credit
Form 8824	Like Kind Exchanges
Form 8826	Disabled Access Credit
Form 8828	Recapture of Federal Mortgage Subsidy
Form 8829	Expenses for Business Use of Your Home
Form 8833	Treaty Based Return Position Disclosure Under Section 6114 or 7701(b)
Form 8835	Renewable Electricity, Refined Coal, and Indian Coal Production Credit
Form 8839	Qualified Adoption Expenses
Form 8840	Closer Connection Exception Statement for Aliens
Form 8843	Statement for Exempt Individuals and Individuals With a Medical Condition
Form 8844	Empowerment Zone Employment Credit
Form 8845	Indian Employment Credit
Form 8846	Credit for Employer Social Security and Medicare Taxes Paid on Certain Employee Tips
Form 8853	Archer MSAs and LTC Insurance Contracts
Form 8864	Biodiesel and Renewable Diesel Fuels Credit
Form 8874	New Markets Credit
Form 8880	Credit for Qualified Retirement Savings Contributions
Form 8881	Credit for Small Employer Pension Plan Startup Costs
Form 8882	Credit for Employer Provided Childcare Facilities and Services
Form 8885 (Spouse)	Health Coverage Tax Credit
Form 8885 (Taxpayer)	Health Coverage Tax Credit
Form 8889 (Spouse)	Health Savings Accounts
Form 8889 (Taxpayer)	Health Savings Accounts
Form 8896	Low Sulfur Diesel Fuel Production Credit
Form 8900	Qualified Railroad Track Maintenance Credit
Form 8906	Distilled Spirits Credit
Form 8908	Energy Efficient Home Credit
Form 8910	Alternative Motor Vehicle Credit
Form 8911	Alternative Fuel Vehicle Refueling Property Credit
Form 8919 (Spouse)	Uncollected Social Security and Medicare Tax on Wages
Form 8919 (Taxpayer)	Uncollected Social Security and Medicare Tax on Wages
Form 8923	Mine Rescue Team Training Credit
Form 8932	Credit for Employer Differential Wage Payments
Form 8933	Carbon Dioxide Sequestration Credit
Form 8936	Qualified Plugin Electric Drive Motor Vehicle Credit
Form 8938	Statement of Specified Foreign Financial Assets
Form 8941	Credit for Small Employer Health Insurance Premiums
Form 8958	Allocation of Tax Amounts Between Certain Individuals in Community Property States
Form 8959	Additional Medicare Tax
Form 8960	Net Investment Income Tax
Form 8962	Premium Tax Credit (PTC)
Form 8997	Initial and Annual Statement of Qualified Opportunity Fund (QOF) Investments
Form 982	Reduction of Tax Attributes Due to Discharge of Indebtedness
Schedule A (Form 1040)	Itemized Deductions
Schedule A (Form 1040NR)	Itemized Deductions
Schedule B	Interest and Ordinary Dividends
Schedule H	Household Employment Taxes
Schedule J	Income Averaging for Farmers and Fishermen
Schedule NEC (Form 1040NR)	Tax on Income Not Effectively Connected With a U.S. Trade or Business
Schedule OI (Form 1040NR)	Other Information
Schedule SE (Spouse)	Self Employment Tax
Schedule SE (Taxpayer)	Self Employment Tax
Form 4797	Sales of Business Property
Form 8867	Paid Preparer's Due Diligence Checklist
Form 8948	Preparer Explanation for Not Filing Electronically
Form 8949	Sales and Other Dispositions of Capital Assets
Schedule D	Capital Gains and Losses
Schedule E	Supplemental Income and Loss
Schedule C	Profit or Loss From Business
Schedule C	Profit or Loss From Business For Statutory Employees
Schedule F	Profit or Loss From Farming

	Description	State
Form 2210AL	Estimated Tax Penalties for Individuals	Alabama
Form 2210AL Schedule AI	Annualized Income Installment Method	Alabama
Form 40	Alabama Individual Income Tax Return	Alabama
Form 40ES	Estimated Tax	Alabama
Form 40NR	Alabama Nonresident Individual Income Tax Return	Alabama
Form 40V	Tax Payment Voucher	Alabama
Form 4952A	Investment Interest Expense	Alabama
Form AL8453	Declaration for Electronic Filing	Alabama
Form NOL 85	Computation of Net Operating Loss	Alabama
Form NOL 85A	Net Operating Loss Carryback or Carryforward	Alabama
Schedule A B & DC	Itemized Deductions and Interest & Dividends Income	Alabama
Schedule A B D & E	Nonresident Itemized Deductions and Interest & Dividends Income	Alabama
Schedule AAC	Alabama Adoption Tax Credit	Alabama
Schedule AATC	Alabama Accountability Tax Credit	Alabama
Schedule ATP	Additional Taxes and Penalties	Alabama
Schedule CP	Composite Payments	Alabama
Schedule CR	Credit For Taxes Paid To Other States	Alabama
Schedule D & E	Net Profit or Loss and Supplemental Income Loss	Alabama
Schedule DS & HOF	Dependents Schedule & Head of Family Schedule	Alabama
Schedule HBC	First Time Second Chance Home Buyer Deduction	Alabama
Schedule KRCCI	Recipients Share of Capital Credit	Alabama
Schedule OC	Other Available Credits	Alabama

Windows Versions 10 or higher

Chrome Latest Version
Firefox Latest Version
Microsoft Edge (Windows 10 & 11)

Microsoft no longer provides security updates or support for PCs running Windows 8.1. For the best experience and security of your data, you will need to update your system to Windows 10 or 11.

Mac OS Versions 10.15 or higher

Chrome Latest Version
Firefox Latest Version
Safari 13.0 or higher

Applies to online products only, download products are not available for Mac OS.

100% Accuracy Guarantee

Rest assured, TaxAct guarantees the calculations on your return are 100% correct.

Satisfaction Guarantee

With any TaxAct Online product your satisfaction is 100% guaranteed.

7 years of access to your return

Easily access and print copies of your prior returns for seven years after the filing date.