Wednesday, February 1, 2023

What Bank Does Taxslayer Use

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How Can I Get Copies Of My Tax Returns From Previous Years

Preparing a Simple Return Using TaxSlayer Pro Professional Tax Software

If you are looking for a past Federal return, you can also obtain prior year tax return transcripts on the IRS Get Transcript webpage. If you need a state return, you will need to contact your states Department of Revenue. In Arizona, the AZ DOR has a designated page for requesting copies of tax documents.

Taxslayer Promotions: Get 35% Off Federal Tax Return Coupon Code Etc

Find the latest TaxSlayer coupons, promo codes, and promotions here.

If youre looking for another tax service, you can checkout TaxSlayer! TaxSlayer is an online planning tax planning service thats easy to use and affordable with their low-cost filing options. You can choose from four filing options that fits your needs. Continue reading below to see what TaxSlayer has to offer as well as comparing it to other tax service providers!

Editors Note: TaxSlayer is also partnered with various cash back shopping portals like Rakuten.

  • 5 Bottom Line
  • When Should I File My Taxes

    The IRS has extended the filing deadline to April 15th, 2022, but we dont recommend waiting until the last minute. Filing sooner rather than later is a smart move for almost everyone, especially people missing a 1st or 2nd stimulus check and anyone with a major life change . Changes related to preparing returns with unemployment income and marketplace insurance are now live in tax software systems too, meaning that these returns can now be prepared accurately and without amendments. As of March 30th, the IRS has also announced their plan to send payments to people receiving federal benefits during the month of April.

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    How Can I Protect Myself From Fraud

    Unfortunately, scams can be common during tax season – but preparing yourself to recognize them and take certain steps can reduce your risk. The website WalletHub compiled a helpful list of tips, starting with the two they deem most important: 1) File as early as possible every year, even if you dont expect to owe any taxes or receive a refund and 2) Take commonsense steps to safeguard your personal information, such as signing up for free 24/7 credit monitoring.

    Read on for their other tips, such as ordering your tax transcript and improving your ability to recognize webpages that may not be secure or safe: Tax Scams & Tips for Avoiding Them.

    How Much Does Taxslayer Cost

    Taxslayer How To Change Edition

    Tax prep companies frequently offer discounts on products early in the season. The prices listed in this article do not include any discounts. You can check the company’s website to see current offers.

    How much you pay will depend on your employment situation, life circumstances, and customer support preferences.

    You don’t enter your payment information until the end of the process. This means that if you realize halfway through preparing your return that you don’t want to use TaxSlayer, you can quit with pretty much zero hassle.

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    Tell A Friend / Taxperks

    If you choose to use our referral service to tell a friend about our site, we will ask you for your friends name and email address. We will automatically send your friend a one-time email inviting him or her to visit the site. TaxSlayer Pro stores this information for the sole purpose of sending this one-time email and tracking the success of our referral program. Your friend may contact us at here to request that we remove this information from our database.

    When you provide us with personal information about your contacts we will only use this information for the specific reason for which it is provided.

    If you believe that one of your contacts has provided us with your personal information and you would like to request that it be removed from our database, please contact us at 945 Broad St Augusta, GA 30901.

    What Can A Small Business Write Off

    Small businesses can write off most expenses directly related to running the business. That can include equipment, labor, office supplies, and any services your business needs to operate. In some cases, it may even include a deduction for use of a home office or vehicle for business purposes.

    If you have serious doubts or questions about what your small business can write off, it may be worthwhile to pay for an upgrade to a version of a tax program where you can access expert advice.

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    What Is A Myblock Account

    With the redesigned MyBlock app, you can manage your taxes from receipts to refunds, and its the best way to file your taxes at H& R Block. You can rely on us to help you reach your financial goals. Communication, planning, and success are all made easier with our app. You can use it on any device you want, and connect with experts and advice.

    What Bank Does Credit Karma Use For Taxes

    Starting a New Tax Return in TaxSlayer Pro Web

    Through our bank partner MVB Bank, Inc., Credit Karma Savings accounts can be opened and managed using the Credit Karma platform. FDIC, a member of the U.S. In 2017, Credit Karma Tax launched, offering free tax filing for federal and state returns to Credit Karmas more than 90 million members in the United States.

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    Tips For Getting Through Tax Season

    • Get your maximum refund, guaranteed with TurboTax.
    • Filing taxes can get stressful and confusing, especially if you have a complicated tax situation. If youd like some help getting through the process, talk to a financial advisor who understands taxes. An advisor will help you navigate the intricacies of the tax code so you can minimize what you owe and maximize your refund. An advisor can also help you plan throughout the tax year so your finances are easy as possible when you file the next year.
    • After you file a federal income tax return, you will probably need to file a state return. State governments have their own systems for handling tax returns and that means processing times vary by state. Learn how to check your state tax refund status.
    • If youre relying on a tax refund to make ends meet, consider some changes to your tax withholding. By claiming more allowances on your W-4, you can decrease how much your employer removes from your paychecks. That means more take home pay and hopefully less reliance on your refund.

    Taxslayer And Green Dot Announce The New Taxslayer Prepaid Visa Card

    Partnership Allows Taxpayers toAccess Their Refunds Faster and Enjoy the Benefits of a Feature-Rich Debit Card All Year

    AUGUSTA, Ga. —-Oct. 22, 2018–TaxSlayer, a leading online and professional tax and financial technology company, has created the TaxSlayer Prepaid Visa Card. The card, which will be offered to consumers beginning with the upcoming 2018 tax season, was developed using Green Dot Corporations Banking as a Service Platform, which will also be the platform used to provide ongoing portfolio and program management services.

    TaxSlayer completed 10 million state and federal e-files in 2018 and issued 12 billion dollars in refunds. TaxSlayer customers will have the option to sign up for the TaxSlayer Prepaid Visa Card during their tax filing process in 2019, which will allow for fast and easy direct deposit of their tax refund. This will serve as a compelling option to those without a direct deposit option for their refunds or for those currently using more expensive checking accounts or prepaid cards to manage their finances.

    The TaxSlayer Prepaid Visa Card, issued by Green Dot Bank , Member FDIC, is a full-service reloadable prepaid debit card account featuring free early Direct Deposit, free Bill Pay, a large network of fee-free ATMs and no overdraft fees or penalty fees of any kind.

    The announcement was made today during the Money 20/20 conference in Las Vegas .

    About TaxSlayer

    About Green Dot Corporation

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    Opt In To Offer Ancillary Products In Account Hub

    If you would like to offer Ancillary Products, you can opt-in while completing your bank product application. If you plan to charge an additional amount for ancillary products and/or order marketing materials for the products, you can do so in the ancillary products section of your bank application.

    Checking off these items will lay the cornerstones for a successful tax season. Youll be legally ready to file and equipped with software and products that help you best serve your clients.

    This article is up to date for tax year 2021 .

    Turbotax Vs Taxslayer: Features

    TaxSlayer Pro

    TaxSlayer is less expensive, but thats largely because it offers fewer features than TurboTax. You basically pay to get access to the tax forms you need. There are relatively few other extras, like calculators and expense trackers.

    TurboTax also has more educational content for filers. All TurboTax options include guidance from an audit expert in case you get audited. That gives you support for one year and an expert will help you prepare for an audit. The equivalent service from TaxSlayer is only available with the Premium option.

    The biggest feature that may sway someone to choose TurboTax over TaxSlayer is the targeted advice for self-employed filers and business owners. This is only available with the more expensive options, but you will go through a process built to help freelancers, contractors and small business owners. You also get a year of access to QuickBooks Self-Employed if you use this filing option. This helps you track things like travel and business expenses. TaxSlayer does have a filing options that targets self-employed filers, but it doesnt offer the same level of special assistance that TurboTax does.

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    Best Overall: H& r Block

    H& R Block

    We chose H& R Block as best overall because it is a trusted name in tax preparation, and its tax software for small businesses and business owners offers an excellent user experience and covers a wide range of tax situations. It offers a straightforward user interface that makes it easy to do your taxes accurately the first time.

    • Online version includes self-employment and small business income on your personal tax returns

    • Option to upgrade for on-demand assistance from a tax expert

    • Mobile app allows you to upload tax documents and track filing status

    • Business editions are priced higher than competitors

    • Some functionality may not be available on mobile

    H& R Block is a well-known brand in personal and business tax preparation. It was founded in 1955 and has prepared more than 800 million tax returns. If you want to do your own taxes, you can choose between online and downloadable versions of H& R Blocks tax software. For the 2019 tax year, H& R Block prepared almost 22 million tax returns and nearly 9 million people used H& R Block Online to do their taxes.

    The software program does a good job of walking you through complex tax situations. If you think youll need extra help, you can upgrade to Online Assist, which allows you to do your taxes on any device with unlimited, on-demand help from a tax pro. It costs $159.99 for Premium or $194.99 for Self-Employed, plus $49.99 per state.

    Our Security Practices And Information Accuracy

    TaxSlayer understands the importance of protecting customer information. TaxSlayer adheres to regulatory, security, and privacy standards applicable to the tax preparation industry. TaxSlayer web-based and desktop applications have a proven record of securing TaxSlayer information by utilizing a variety of security related technologies including, but not limited to, firewalls, intrusion detection systems, web application firewalls, encryption, access controls, network isolation, auditing systems, data classifications, and data obfuscation. In order to protect the data as our client enters it in the system, TaxSlayer incorporates the use of SSL encryption facilitated by an Extended Validation SSL Certificate issued by a recognized trusted certificate authority. TaxSlayer utilizes security guards, access controls, biometrics, man traps, and other security mechanisms to protect physical access to the datacenter.

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    Who Is Freetaxusa Bank

    FreeTaxUSA is an online tax preparation website owned by TaxHawk, Inc. Founded in 2001 by a CPA and a team of professional software developers, FreeTaxUSA is one of the fastest growing tax websites online today. FreeTaxUSA is an original member of the IRS Free File Alliance and an authorized IRS e-file provider.

    What You Get From Taxslayer’s Free Version

    How to Be a Pro With TaxSlayer Pro’s Top-Rated Tax Prep Products for Professionals

    TaxSlayer offers a free version that lets you file a Form 1040, but you cant itemize or file various other schedules, which means it probably wont work for you if you plan to do things such as deduct mortgage interest, report business or freelance income, or report stock sales or income from a rental property.

    And TaxSlayer imposes other requirements: Your taxable income must be under $100,000, you have to file as single or joint married , and you cannot claim dependents or the Earned Income Tax Credit. Most people will probably need to get one of the paid versions.

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    How Is Using Vita Different Than Going To A Paid Preparer

    There are many ways in which VITA differs from paid preparation. We invite you to try VITA and see for yourself!

    • VITA tax preparation is completely free and saves filers an average of $250 per return.
    • VITA tax preparers have completed extensive training and are IRS certified – this certification is not required for paid preparers in the state of Arizona.
    • Each completed return undergoes a separate review process to ensure quality and accuracy.
    • VITA never offers predatory lending options, such as “instant refunds” or “refund anticipation loans.”
    • VITA can connect filers to banking services for direct deposit of tax refunds, even for individuals in ChexSystems.
    • VITA can connect filers to savings programs, such as SaveYourRefund, to make the most of their refunds.
    • VITA can connect filers to healthcare education and enrollment assistance from certified assisters, at no cost to the filer.

    What Types Of Returns Can Be Prepared Through Vita

    VITA can handle most returns, including those with self-employment and/or investment income. However, some returns are considered out-of-scope, per IRS regulations. Taxpayers with out-of-scope returns may still be eligible to use .

    Returns with any of the following cannot be prepared through VITA:

    • Income/loss from rental property
    • Business use of home expenses
    • Prior year disallowed passive activity loss

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    Software And Bank Products Checklist

    • Purchase or renew 2021 TaxSlayer Pro Software
    • Update your company information in Account Hub
    • Schedule your New User Training Webinar in Account Hub
    • Read and sign the Data Conversion Agreement in Account Hub
    • Consider offering ancillary products and bank products to your clients
    • Fill out and submit bank product applications in Account Hub
    • Opt in to offer ancillary products in Account Hub

    Taxslayer Plans Pricing And Features

    TaxSlayer Pro

    TaxSlayer offers four main tax preparation plans: Simply Free, Classic, Premium, and Self-Employed. It also provides a separate Military package for active-duty filers, who must receive a W-2 from an employer identification number related to the military or Department of Defense to qualify. The Military version includes a free federal return with all federal forms and applies to all tax situations.

    As a new TaxSlayer filer, you must choose your package when you begin the filing process. If you attempt to do something the plan you chose doesnt support, the software prompts you to upgrade.

    Final pricing is set when you e-file and is subject to change without notice as tax season wears on, so your initial quote might rise by the time you complete your return. Plan accordingly.

    For all packages, TaxSlayers system offers you a choice between a guided, interview-style wizard that walks you through the preparation process step by step and a self-guided platform that lets you choose which forms and sections to complete and when. You can navigate between the wizard and the self-guided system at will, which is helpful if youre confident enough to fill out some sections on your own but feel you need assistance with others.

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    Available Packages And List Prices


    Federal: $0 State: $0

    This option allows you to file a 1040 and a state return for free, but only if you have a very simple tax situation: your taxable income is under $100,000, you dont claim dependents, you dont itemize, you dont have investments, rental income or a business, and you dont take the earned income tax credit.


    Federal: $24.95 State: $39.95

    This package works for virtually everybody: itemizers, landlords, freelancers and so on, because TaxSlayers paid packages vary by support offered rather than by tax situation. The federal part of this package is free for active-duty military.


    Federal: $44.95 State: $39.95

    This is the Classic version but with more help available: priority phone and email support, audit assistance, unlimited access to tax professionals and priority tech support via chat.


    Federal: $54.95 State: $39.95

    Comes with access to tax pros who specialize in self-employment, plus more guidance and reminders about things such as estimated tax payments and 1099s.

    One note about prices: Providers frequently change them. Well keep updating this review, but you can verify the latest price by clicking through to TaxSlayer’s site. TaxSlayer doesn’t offer desktop software, so if you don’t want your return to reside in the cloud, you should consider another provider.

    Is Taxslayer Better Than Turbotax

    TaxSlayer and TurboTax offer similar services. But which is better for you will depend on the number of features available. When compared to TurboTax, TaxSlayer offer the same service as TurboTax at a cheaper rate.

    It also has better customer service representation than its competitor. It provides different outlets to answer customers questions and proffer solutions.

    The table below compares Other TaxSlayer Competitors.


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