TaxSlayer offers a variety of products targeted to people in specific financial situations. Below, you’ll find a basic overview of these products, their features, and their costs.
TaxSlayer Classic is the company’s core product, allowing for all types of income and deductions. The Classic package is essentially a general-purpose tax preparation software that will work well for most consumers. It also includes IRS inquiry assistance. Federal filing with TaxSlayer Classic costs $24.95, with an additional charge of $39.95 for state returns.
TaxSlayer Premium offers the same broad-based coverage as TaxSlayer Classic. The difference, however, is in the level of support you receive. With TaxSlayer Premium, you’ll get access to priority phone and email support. You’ll also receive assistance from a tax preparation professional upon request. Premium charges $44.95 for federal returns and $39.95 for state returns.
TaxSlayer Simply Free
TaxSlayer Simply Free is a free filing option for those with the simplest tax situations. Simply Free will only accept the basic 1040 tax form, but both federal and state returns are completely free. This product also allows you to deduct student loan payments and claim education credits. As a result, it’s a great option for college students and recent graduates.
If you have your own business or side hustle
, your tax situation will be more complicated than that of a traditional employee. TaxSlayer Self-employed covers people who file using Schedule C and 1099 forms. This product includes general tax guidance and access to tax preparation professionals. TaxSlayer Self-employed also lets you prepare tax vouchers so that you can pay quarterly taxes on your business, if required. Filing federal self-employment taxes costs $54.95 with an additional charge of $39.95 for state returns.
For those who serve actively in the US military, TaxSlayer Military offers free federal filing. Like TaxSlayer Classic, Military is an unrestricted package that covers most tax situations. The only charge for filing with TaxSlayer Military is a $39.95 charge for state filing.