TaxPoint Tax Software Review

TaxPoint tax preparation software was created to help tax payers simplify and create accurate tax returns. TaxPoint offers three different versions each with a different set of features to help simple tax payers to those with more robust tax preparation needs. Services include live chat support and expert tax support for more accurate returns and maximize your refunds.

Platform

Online

Versions

Federal Free

Deluxe Edition

Home and Business

Plans and Features

Federal Free Edition

• Easy prepare, e-file and print
• Supports W2 income
• Transfer prior year’s TaxPoint return
• Online access to all your tax returns on file

Deluxe Edition ($9.95)

• All Federal Free Edition features
• Retirement and social security income
• Simple tax preparations, itemized deductions
• Detailed tax deductions credit options
• Support for mortgage interest and sales tax deductions
• Education deduction and credits

Home and Business ($29.95)

• All Deluxe Edition features
• Sales of stock, bonds, mutual bonds
• Independent contractor, freelance and MISC income
• Rental and royalty income and expenses
• Business income and expense reporting
• Business depreciation
• Income and deductions reporting
• Farm and fishing income and deductions

State Tax Returns ($24.95)

• Complete your federal tax return
• Information transferred automatically
• E-file for faster refund

Features

Federal Tax Preparation (Free)

State (additional fees required)

Data import

• Previous year’s tax returns

Accuracy

• Tax filling errors alerts
• Tax reviews

Refunds

• Direct deposit to your bank account
• Use deductions to pay for tax preparation services
• Check deposits

Support

• Email support
• Hotline
• Live chat support
• Audit services

TaxPoint Tax Preparation Software Review

TaxPoint is more suited for those with previous experience preparing tax returns. However, one good thing going for TaxPoint users is its support services which could really come in handy when maximizing credits or refunds. Not the best tax preparation software but is worth a look for those who know their way around the tax preparation process.