TaxAct and TurboTax both file accurate federal and state tax returns. TaxAct costs $0–$99; TurboTax costs $0–$219 for equivalent tiers. The difference is user experience and guidance depth — TurboTax leads on interview flow and deduction discovery; TaxAct leads on price. Here is how to choose in 2026.

Price Comparison: TaxAct vs TurboTax (2026)

Tier TaxAct TurboTax You Save with TaxAct
Free $0 $0 $0
Basic/Simple $14.99 $39 ~$24
Deluxe (itemizers) $49.99 $69 ~$19
Premier (investments) $79.99 $99 ~$19
Self-Employed $99.99 $129 ~$29
Live/Expert Assist Included in tier $219 (Self-Emp Live) ~$119

State filing: TaxAct $54.99 / TurboTax $49–$65 per state. Prices subject to change.

Head-to-Head Comparison

Feature TaxAct TurboTax
W-2 import (phone camera) Yes Yes
1099 import (brokerage) Yes Yes
Prior year import Yes Yes
Interview-style guidance Good Excellent
Deduction finder Basic Advanced
Schedule C (self-employed) Good Excellent
Schedule E (rental property) Good Very good
K-1 support Yes Yes
Live CPA/EA access Xpert Assist (add-on) Live Expert (add-on)
Audit support Basic Audit Defense (paid add-on)
Mobile app Yes Yes
Refund advance Yes Yes

Who Should Use TaxAct

Best for:

  • Simple-to-moderate returns (W-2 + some 1099s + investments)
  • Returning TaxAct users who know the interface
  • Cost-conscious filers who want to save $30–$120
  • People comfortable navigating tax concepts without heavy hand-holding

TaxAct Xpert Assist — live CPA or enrolled agent access is included in all paid tiers at no extra cost, which partially offsets the guidance gap vs. TurboTax Live.

Who Should Use TurboTax

Best for:

  • First-time tax filers or people with tax anxiety
  • Self-employed/gig workers with complex deductions
  • Investors with significant capital gains, crypto, or stock options
  • Anyone with rental properties, K-1s, or business income
  • People who want the smoothest, most guided experience

IRS Free File — Skip Both for Simple Returns

If your adjusted gross income (AGI) is $84,000 or less in 2025, you can use IRS Free File — brand-name software (including TurboTax Free Edition) for $0 through the IRS partnership. This is the true free option for qualifying taxpayers, bypassing both companies’ upsell funnels.

Access at: irs.gov/freefile

The Bottom Line

  • Choose TaxAct if you are cost-focused and confident in your return
  • Choose TurboTax if you want maximum guidance and are willing to pay for it
  • Use IRS Free File if your AGI is below $84,000

For a $200 federal refund, paying $120 extra for TurboTax vs. TaxAct cuts your effective refund significantly. For a $5,000 refund with complex investments, the guidance quality of TurboTax may surface deductions that more than offset the cost difference.

WealthVieu
Written by WealthVieu

WealthVieu researches and writes data-driven personal finance guides using primary sources including the IRS, Bureau of Labor Statistics, Federal Reserve, and Census Bureau.

The content on Wealthvieu is for informational purposes only and should not be considered financial, tax, or investment advice. Consult a qualified professional before making financial decisions. Full disclaimer · Editorial policy