How to Use TaxSlayer to File Your Taxes at an Affordable Price

TaxSlayer is a tax preparation software that consistently costs less than competing products from TurboTax and H&R Block while covering the same range of tax situations. If you have a relatively standard return — W-2 income, the standard deduction, and a few common credits — TaxSlayer's lower-priced tiers get the job done without the premium price tag.

The software is available through a web browser on any computer or through mobile apps for iPhone and Android. You work through a series of questions organized by topic — personal information, income sources, deductions, credits — and the software builds your tax return as you go. You do not see the actual IRS forms; instead, you see plain-English questions and fill in the relevant numbers.

TaxSlayer's free tier, called "Simply Free," covers federal filing for basic returns with one W-2 and no itemized deductions. The "Classic" tier, which handles most tax situations including self-employment income, itemized deductions, and investments, is priced significantly below comparable tiers from other major providers. TaxSlayer also offers a self-employed tier for freelancers, gig workers, and small business owners who need to file a Schedule C.

One thing worth knowing: TaxSlayer's interface is functional but less polished than TurboTax. It presents questions more quickly with fewer explanations, which can feel efficient for experienced filers but may be a little abrupt if this is your first time filing. The help section and phone support are available if you get stuck.

At the end of the process, TaxSlayer runs an accuracy check on your return before you file. Most people can complete a basic return in under an hour.