All taxpayers can prepare, print, and e-file simple and complex federal returns free with TaxACT Free Federal Edition; no restrictions, no gimmicks.
Cedar Rapids, IA – January 26, 2012 – TaxACT is the free federal tax preparation and e-filing solution for everyone, regardless of income, age, state of residence, filing status, military status, or complexity of return.
"Free tax solutions are not created equal," said Lance Dunn, CEO of 2nd Story Software®, the makers of TaxACT. "Other free products have form limitations, which makes them appropriate for 'simple returns.'"
"Simple returns" include Form 1040EZ returns. According to the IRS 2009 Estimated Data Line Counts Individual Income Tax Returns, only 11.4% of 2009 e-filed federal returns were 1040EZ's.
TaxACT Free Federal Edition is the only free solution to include all e-fileable forms and schedules necessary for simple and complex returns, including:
A full list of forms can be found at www.taxact.com.
In addition to all e-fileable forms, TaxACT Free Federal Edition includes:
Free Edition users can add a state return for less than half the price of others. The $14.95 TaxACT Online State price includes all part-year and non-resident forms, free e-file, free email help, Accuracy Guarantee, and more. Download users can e-file state returns for just $7.95 each (fees do not apply to NY returns).
TaxACT has been the second largest provider of online tax solutions for the past six consecutive years1. Since 2000, TaxACT Online has assisted with more than 20 million e-filed federal returns. TaxACT is 100% made and supported in the U.S.
(1) According to collective week end reports for taxact.com and taxactonline.com released by Hitwise™ during the 2005, 2006, 2007, 2008, 2009 and 2010 tax seasons.