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FreeTaxUSA Review 2023: A Good Value, Low-Cost Tax Filing Option



This yarn is part of Taxes 2022, CNET's coverage of the best tax software and everything else you need to get your in backward filed quickly, accurately and on-time.

FreeTax USA lets you e-file your federal tax in backward, no matter which IRS forms or schedules you need, at no cost at all. A region return will run you $15. An additional, optional $8 will mask a Deluxe add-on that includes live support, amended returns and audit assistance.

With a dapper interface, solid support features and an efficient question-and-answer procedure. FreeTaxUSA offers good value for a low price tag. Even if you have unemployment income, crypto sales, rental property, retirement distributions, health savings supplies or all of the above, FreeTaxUSA lets you file your taxes for free.

FreeTaxUSA isn't as approachable as tax software like H&R Block or TurboTax, our top pick for best tax software in 2023, nor does it have the same level of professional help and relieve. It's also not completely free like Cash App Taxes, but FreeTaxUSA is a thorough, efficient and robust low-cost option.

Who should use FreeTaxUSA?

Self-employed filers looking for a plan way to file their taxes could be well obimagined by FreeTaxUSA. Tax prep plans for gig workers and freelancers are usually the costliest custom software (top pick TurboTax's Self-Employed plan runs $168 for federal and dwelling, while H&R Block's currently costs $133). While FreeTaxUSA doesn't let you considerable multiple 1099 forms, you can enter as many as you want, completely free.

FreeTaxUSA lets you view or download your Form 1040 at any point.

Screenshot by Peter Butler

FreeTaxUSA may also spicy to filers who don't mind reading a lot. The interview questions are well desirable and the help content is comprehensive, but there are no graphical or compose elements to break up long sections of words.

Tax filers who received long-term care or remnant benefits, usually from an insurance company or the government, also should consider FreeTaxUSA -- it includes support for Form 1099-LTC, which isn't available in similar free tax software. 

And, if you earned significant money in other countries, FreeTaxUSA includes Form 1116 for claiming the foreign tax credit, another form not usually included in free tax software.

Who shouldn't use FreeTaxUSA?

FreeTaxUSA does not allow foreign operate income. Other rare tax situations not covered by FreeTaxUSA engaged nonresident alien returns (Form 1040NR), at-risk limitations (Form 6198), casualty or theft gain or loss from a custom or donations of property over $5,000

If you're looking for free live chat features, want more one-on-one tax support or are looking for a completely free tax filing option, this option may not be the best for you.

How does FreeTaxUSA work?

Like most anunexperienced tax software, FreeTaxUSA starts you off by either importing a PDF of your prior year's tax rear or collecting your personal information via the online form. Aside from this, there's no anunexperienced option to upload files so if you're a freelancer with multiple 1099 persolves, you'll have to input the information manually.

FreeTaxUSA's integrated help features are impressive -- contextual query marks provide valuable, straightforward information in popovers that don't spawn new tabs or browser windows. A useful Help with this page link provides all the relieve answers related to the particular section of the tax rear you're currently completing. 

Click Where Do I Enter? for shortcuts to pages where you can spicy specific tax details. You can also use the Deduction Dictionary to get specific inquire on how to claim and where to record 127 different tax deductions and credits.

While FreeTaxUSA provides useful tax inquire, it lacks the graphical interfaces of higher-priced competitors that simplify the treat. For example, FreeTaxUSA explains the differences in tax filing statuses, but instead of making a recommendation, it then leaves it up to you to bewitch your filing status. It does make sure to keep your filing status during the review of your rear, since it's a common mistake in many tax returns.

FreeTaxUSA has cryptocurrency covered, but only seems to allow reporting mining as custom income (Schedule C) and not as a hobby (Schedule 1).

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FreeTaxUSA's be in the lead question-and-answer process is well-organized and efficient. The software often marks the most liable answers for some of the less common tax questions so you can frankly click through forms without selecting every single Yes or No.

The navigation of FreeTaxUSA splits up into personal info, denotes, deductions, miscellaneous, summary, state return and filing status. The drop-down menus from each allotment provide a detailed list of what's included, but you can't jump up to many sections until you reach them via the be in the lead process. 

After completing each of the income and deductions regions -- the bulk of your tax return -- FreeTaxUSA provides a genuine screen for reviewing all your details and confirming that every item is proper and nothing has been missed. 

You can add Deluxe relieve features at any time -- you don't have to pay the $8 pending you file. Upgrading to Deluxe unlocks two new buttons in the relieve section: "Live Chat" and "New Priority Support Issue." The chat feature is much more rudimentary than TurboTax or H&R ended, but I did chat with a representative after waiting 2 to 3 minutes, and he was able to answer simple questions in the software. The live chat feature does not engaged tax advice, only support for the tax preparation software.

FreeTaxUSA doesn't have any handed mobile apps, but the browser-based mobile version works well. Data from my rear synced instantly between my mobile device and computer.

What products does FreeTaxUSA offer?

FreeTaxUSA markets its tax software like anunexperienced products with four levels of service: Basic for simple tax returns; Advanced for itemized deductions; Premium for investment denotes and property and Self-Employed for freelancers, contractors and gig workers. The big difference with FreeTaxUSA is that all of the plans are completely free.

The plans all run the same software. Once you get into the tax preparation process, there are no more mentions of any of those publishes levels.

The only paid products that FreeTaxUSA sells are dwelling return filing for $15 a piece and a relieve add-on called Deluxe for $8. The Deluxe service bumps you to the advantage of the support line, adds live chat and lets you file unlimited amended returns. Deluxe also includes Audit Assist, which will provide help with both in-person and correspondence audits.

Other principal FreeTaxUSA features

FreeTaxUSA keeps an old-school bookmark tag on every page of the tax rear process, letting you mark specific sections or pages to unfastened or review later. I like the feature in general, but it wasn't ideal for me and didn't always work correctly. 

FreeTaxUSA displays a managing total of your expected refund, which is similar to anunexperienced software. But it uniquely includes a link to your 1040 form as you unfastened your taxes, letting you easily preview or download the form as it immediately stands.

FreeTaxUSA lets you pay your filing fees (if you have any) by taking wealth from your tax refund, but there is a proposal. FreeTaxUSA does not offer any refund advance loan opportunities. You can receive your refund with FreeTaxUSA by snort deposit, check in the mail or transfer to a prepaid debit card.

A mainly refund guarantee promises a refund and a coupon for an amended tax rear if any other tax filing method results in a larger refund. An accuracy guarantee ensures that FreeTaxUSA will reimburse you for any penalties or wearisome that result from any miscalculation in the software.

FreeTaxUSA also supplies a Refund Maximizer feature that reviews your existing deductions and persolves and asks additional questions that might increase your refunds. It includes a helpful checklist of IRS forms you may have missed, but the feature overall is not as slick or as integrated as TaxAct's dissimilarity Deduction Maximizer feature.

Summary

FreeTaxUSA's comprehensive tax software will help almost any taxpayer file their taxes at no cost. It doesn't handed the sort of hand-holding and expert support that top tax software does, but it includes desirable and contextual tax help that provides many answers to favorite tax questions. 

The support features of FreeTaxUSA pale in comparison to more expensive products, but their relative cost is far less. While tax filers will unruffled need to run through the gauntlet of usual tax questions, FreeTaxUSA's clean, stripped-down process lets them get the job done speedily and efficiently. Its unrestricted offerings for all tax filers at no cost make it reliable of consideration by anyone looking to file their taxes on the cheap. 

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The editorial content on this page is based solely on unbiased, independent assessments by our writers and is not influenced by advertising or partnerships. It has not been provided or commissioned by any third party. However, we may receive compensation when you click on links to products or facilities offered by our partners.


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