TaxACT Online Ultimate 2009

*Est. $18
Reviewed
February 2010
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TaxACT Online Ultimate 2009

Pros
  • Fast and accurate
  • Good for relatively simple returns
  • Includes state preparation
Cons
  • Tax advice isn't as rich as rivals
  • Download version isn't Mac compatible

Note: TaxACT tax software has been updated; See our more recent coverage of TaxACT Online Ultimate 2010 (*Est. $18).

We found the best reviews of TaxACT Online Ultimate 2009 at PCMag.com and TheStreet.com, both of which compare this tax preparation software to market leader TurboTax and other tax-prep rivals. Barrons.com and About.com's guide to taxes also review TaxACT software.

Our Sources

1. PCMag.com

TaxACT Online Ultimate "is a bargain unmatched" for tax-savvy users, tester Kathy Yakal concludes. However, she adds that it doesn't import documents or explain things as well as TurboTax, which remains her top choice.

Review: TaxACT Online Ultimate 2009, Kathy Yakal, Feb. 11, 2009

2. TheStreet.com

After testing four major online tax-prep services, reviewer Joe Mont likes CompleteTax the best for complex tax returns. However, he also recommends the cheaper TaxACT as the best bargain for straightforward returns.

Review: The Best Online Tax Services, Joe Mont, Feb. 8, 2010

3. About.com

Tax professional William Perez, About.com's guide to taxes, gives TaxACT 4 stars (out of 5). He finds it cost-effective and easy to navigate, but "the interface is not as slick" as pricier competitors. (Note: ConsumerSearch is owned by About.com, but the two don't share an editorial affiliation.)

Review: TaxACT Software Review, William Perez

4. Barron's

Barrons.com uses complex tax scenarios to test the three major online tax-prep services: TurboTax, H&R Block At Home and TaxACT. He doesn't pick a favorite, but he notes that TaxACT "is a budget tax preparer, and shouldn't be the first choice of investors with complex returns, particularly those who trade options."

Review: Tax Programs for the Toughest Jobs, Mike Hogan, Jan. 4, 2010

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