TaxAct Self-Employed is designed for individuals who are self-employed, including freelancers, independent contractors, and sole proprietors. It aims to make tax preparation straightforward by identifying potential deductions for expenses such as supplies, mileage, and marketing. The software offers a step-by-step guided process to help users navigate their tax returns with confidence. It supports various earning methods, from freelance gigs and client invoices to tips, and is compatible with common tax forms like Schedule C and Form 1040-ES. Users can import W-2 information to start and have access to expert-backed support, including optional one-on-one consultations with credentialed tax experts through services like Unlimited Access and Xpress Connect. The software is available online with options for state filing and desktop versions.

Features & Benefits

• Deduction Identification: Smart tools help users find deductions for business expenses like supplies, mileage, and marketing.
• Guided Filing Process: Walks users through their tax return step-by-step for ease of use.
• Support for Various Income Types: Accommodates earnings from contract work, freelance gigs, rideshare, and tips.
• Expert Support Options: Offers access to credentialed tax experts for assistance and confidence.
• Import Functionality: Allows importing W-2 information to streamline the filing process.