Price: TaxAct Generally Undercuts TurboTax
Although both services are on the expensive side, they do offer free federal versions that support a limited number of tax situations. But whereas TurboTax has a similar free version for state returns, TaxAct charges $39.99 for each one you must file. (Note: Approximately 37% of filers qualify for TurboTax Free Edition including simple Form 1040 returns only—no schedules, except for EITC, CTC, student loan interest, and Schedule…

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