If you need to delete and start over on TaxAct, it’s a straightforward process. First, log in to your account. From the “My Account” page, you’ll see an option to “Start Work. ” From there, look down the left-hand side of the screen and you’ll see a link that says “Delete Return.
” Click on this link, and it will take you to a page confirming the deletion. Click “Confirm Delete” and the return will be deleted.
If you have already entered information into your return and don’t wish to delete it, you can also save a copy of the return as a PDF so that you can access it later if needed. To do this, click the “Print/Save” button at the top of the return page and click “Save PDF. “.
Once you’ve deleted or saved your return, you can start over. To do this, click the “My Account” button again and select the “Start Work” option. You can then create a new return or upload one from your computer.
It’s important to note that once you delete a return, you won’t be able to access it again. So, it’s important to make sure you save any pertinent information and documents you may need in the future before you delete.
Can you delete a TaxAct account?
Yes, it is possible to delete a TaxAct account. The process involves going to the TaxAct website and logging into the account. Once logged in, the user should navigate to the “My Account” page. From there, the user should click on “Account Settings” and then look for “Account Profile.
” Under Account Profile, there should be a button that says “Terminate Account. ” Once clicked, the user will be asked to confirm the request and asked to answer a few simple questions. Once finished, the TaxAct account will be permanently deleted.
It is important to note that any information or documents associated with the account will also be permanently removed, so it is important to back up any documents or information that are important before deleting the TaxAct account.
How do I get rid of Schedule C on TaxAct?
In order to get rid of Schedule C on TaxAct, you will first need to determine if you are eligible or required to file a Schedule C. If you are self-employed and running a business, the IRS likely requires you to file a Schedule C in order to report the income or loss of your business.
As such, if you are not eligible or required to file a Schedule C, you will not be able to get rid of it on TaxAct.
If you determine that you are eligible or required to file a Schedule C, you can remove it from TaxAct by doing the following:
1. Log into your TaxAct account.
2. Select your tax year from the drop-down menu.
3. Select “Federal Taxes” from the navigation menu.
4. Select “My Forms” from the navigation menu.
5. Locate the Schedule C form and select it to open.
6. Select the “Delete” button located at the top right corner of the form.
7. Confirm that you want to delete the form.
Once you have followed these steps, the Schedule C form should be deleted from your TaxAct account and you will no longer be required to fill it in.
How do I remove a 1099 MISC from TaxAct?
Removing a 1099 MISC from TaxAct is a simple process that can be done in just a few steps.
1. First, log into your TaxAct account and select the “My Account” option located on the toolbar.
2. From there, select the “My Returns” option. This will take you to a page that lists all your previously filed returns. Choose the return to which the 1099 MISC needs to be removed.
3. Next, select the “Work on Return” button. This will take you to the actual return page. Find the “1099 MISC” tab and click on it.
4. Once you’re on the 1099 MISC page, you should be able to select and delete the incorrect 1099 MISC.
5. Now you can go back to the main return page, review your information, and submit the return.
That’s it! Removing a 1099 MISC from TaxAct is a straightforward and quick process that shouldn’t take too long to complete.
How safe is TaxAct online?
TaxAct online is a very secure and safe platform for tax filing and tax management. TaxAct is compliant with the strictest industry standards (AICPA SOC 2 Type II, ISO 27001 & 27018, and PCI DSS) to ensure the highest level of security, privacy, and compliance.
It also has two-factor authentication for added account safety and security. TaxAct values security and takes it seriously, so passwords and other credentials are never stored on their servers. They also use secure socket layer authentication on their website which encrypts any information entered.
TaxAct also has a Privacy Statement that outlines the steps they take to protect and secure customer data. In addition, they also have a Safeguards Agreement that discusses their commitment to customer privacy and security.
Finally, TaxAct provides 24/7 online customer support if you have any questions or concerns about the security of your account.
Is TaxAct owned by H&R Block?
No, TaxAct is not owned by H&R Block. Both TaxAct and H&R Block offer similar services in the same industry, but they are independently owned and operated. TaxAct was founded in 1998 and is headquartered in Cedar Rapids, Iowa.
TaxAct makes digital tax preparation software and is widely used by taxpayers for filing taxes. H&R Block, on the other hand, is a tax preparation company that has been around for more than 65 years, and provides services such as tax preparation, accounting, bookkeeping, home loan assistance, and more.
H&R Block is a publicly-owned company, while TaxAct is a privately-owned company.
How long does TaxAct keep records?
TaxAct keeps records for a minimum of 7 years from the original filing date, which is consistent with standard IRS requirements. This means that for any returns or documents that you have processed with TaxAct, you can access them directly from your account for 7 years at no cost.
After 7 years, TaxAct will typically archive this data, making it unavailable to you unless you permanently store a PDF of the document. TaxAct also recommends that taxpayers save important documents and tax returns offline to prevent any potential data loss.
Does TaxAct save your progress?
Yes, TaxAct does save your progress. When you start your filing with TaxAct, you can save your progress and come back to the same filing session anytime. TaxAct also autosaves your information every few minutes, so you can avoid losing data if something unexpected happens.
If you log out of your filing session, TaxAct will save all your information for the next time you log in. You can also preview your return at any time, so you can make sure you’ve filled out the right forms and entered their information correctly.
TaxAct also securely stores your login information, so you can access your filing information at a later date.
Is TaxACT actually free?
TaxACT is currently offering a free federal return for simple returns. The free version offers access to all of TaxACT’s commonly used forms, does all the calculations for you, and includes free unlimited support.
However, TaxACT also offers premium levels of service that are not free. These premium levels include features like audit assistance and the ability to file multiple returns. Additionally, you may have to pay extra if you have more complicated returns or live in certain states where you must pay extra state filing fees.
So while the majority of TaxACT services are free, there may be additional costs depending on your situation.
Who owns Taxslayer?
TaxSlayer, LLC is a privately-held technology and software company owned by its founders and Board of Directors. It is headquartered in Evans, Georgia and has offices in Jacksonville, FL and Atlanta, GA.
The company was founded in 1998 by CEO and Managing Partner, Brian Humble, and initially offered a desktop tax preparation product to a small customer base in the southeastern United States. Over the years, TaxSlayer has grown to become the 5th largest online tax service in the United States, with millions of users nationwide.
In 2014, TaxSlayer was acquired by Evertec, Inc. (NYSE: EVTC), a payment and business process services provider with presence in Latin America and the Caribbean. Following the acquisition, TaxSlayer’s founder and CEO remains its leader and is a member of both the company’s Board of Directors and the Executive Committee.
How much does it cost to use TaxACT?
TaxACT offers a variety of pricing plans for users, depending on their filing needs.
The basic option, Federal Free Edition, allows users to file their federal taxes for free. State taxes cost extra.
The basic deluxe, state, and premium packages cost between $29.95 and $49.95 for federal taxes, depending on the level of service needed. State taxes cost extra on these plans as well.
The Self-Employed edition allows those with business income to file their taxes for $79.95. This plan provides all the services of the deluxe, state, and premium packages, plus specialized services for those with business income.
The Free File Alliance also provides this service for free to users with an Adjusted Gross Income (AGI) of $68,000 or less.
Finally, TaxACT offers a service to do your taxes for you called TaxACT Express. It costs $79.95 for federal taxes and $36.95 for state taxes.