Drake Tax vs OLT (OnLine Taxes): what each really costs

Team size

Billing

Drake Tax

No plan for this billing option

No paid plan to compare for this billing option.

OLT (OnLine Taxes)

No plan for this billing option

No paid plan to compare for this billing option.

10 peopleDrake TaxOLT (OnLine Taxes)
Entry paid planNo plan for this billing optionNo plan for this billing option
Vendor price
Monthly cost
Annual cost
Per user / year
Billing commitmentNot recordedNot recorded
Minimum seatsNone statedNone stated
Free planNo free plan listedYes
Free trialNot statedNot stated

Calculated by SpecEntry from official vendor prices. Taxes and optional add-ons are not included. Open each product page for every plan and the official source.

Drake Tax vs OLT (OnLine Taxes): features

Key features as each vendor lists them. A feature missing from a list does not mean the product lacks it.

Drake Tax

  • Return diagnosticsRuns hundreds of diagnostics and validation rules to check accuracy.
  • Customizable setupCustomize letters, data entry screens and program options.
  • Data importImport W-2, 4562, 8949, K-1 forms and year-end balances.
  • All state returnsGenerate any state return without add-on modules.
  • Prior-year dataAccess prior-year data and trace calculations to their sources.
  • Drake Tax PlannerAnalyze tax scenarios and compare filing options.
  • Return overviewSee errors, fees and e-file eligibility at a glance.
  • Custom print setsCustomize print sets, print to PDF and add notes.

Source:drakesoftware.com/products/drake-tax ·

OLT (OnLine Taxes)

  • Federal and state e-fileE-files federal and state returns directly to the IRS.
  • Homeowner deductionsClaims mortgage interest, property taxes and other homeowner deductions.
  • Investment income reportingReports stock sales, crypto transactions, dividends and capital gains.
  • Rental property incomeReports rental income, depreciation and property expenses.
  • Retirement incomeHandles Social Security, pensions, 401(k) and IRA distributions.
  • Prior-year return importImports previously filed OLT returns for year-over-year comparison.
  • W-2 and 1099 uploadUpload a PDF or phone photo of W-2 and 1099 forms.

Source:olt.com ·

Drake Tax vs OLT (OnLine Taxes) pricing questions

  1. How much do Drake Tax and OLT (OnLine Taxes) cost?

    Drake Tax paid plans start at $299.99 tax year 2026, first user included (Drake Tax Online). OLT (OnLine Taxes) paid plans start at $7.95 federal return (Premium Edition).

  2. Do Drake Tax and OLT (OnLine Taxes) have a free plan?

    OLT (OnLine Taxes) lists a free plan; Drake Tax does not list one on its official pricing.