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csv from CoinLedger or another crypto accounting service can import their files into the software.Ĭan I request my stimulus check through TaxAct? TaxAct supports crypto filing, and it allows users to import. Let's answer a few of the most common questions that filers ask about TaxAct:Ĭan TaxAct help me file my crypto investments? These small tweaks to the user interface dramatically enhance the usability of the entire product. TaxAct also improved usability by cleaning up the section summaries and enhancing the utility of the left-hand Navigation Bar. csv form to calculate capital gains and losses. Users can now import 1099-B forms from brokerages or upload a. The software has long supported W-2 imports, but it has expanded importing options. That said, TaxAct expanded its efforts in reforming usability in 2022. Now that “Free” files have to pay $39.95 for state returns, it's harder to see any reason to use the software compared to most of the other major tax software companies that still are truly offering a free tier.
Perhaps the next biggest surprise in 2022 is TaxAct’s decision to remove the free state filing option.
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TaxAct also launched Xpert Full Service this year, which means that customers now also have the option to completely hand off the creation of their tax returns to a CPA or EA.
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That's a big deal as access to tax pros requires a paid upgrade with many of the other leading tax software companies. TaxAct gave taxpayers an unexpected surprise when it announced on Januthat i t was making Xpert Assist FREE for all filers. All products and services are presented without warranty. The information in our reviews could be different from what you find when visiting a financial institution, service provider or a specific product's website.
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