OLT (OnLine Taxes) vs TaxAct Professional: what each really costs

Team size

Billing

OLT (OnLine Taxes)

No plan for this billing option

No paid plan to compare for this billing option.

TaxAct Professional

1040 Pay-Per-Return plan

$169.99

a year for 10 people · $14.17 a month

10 peopleOLT (OnLine Taxes)TaxAct Professional
Entry paid planNo plan for this billing option1040 Pay-Per-Return
Vendor price$169.99 / year, plus per return
Monthly cost$14.17
Annual cost$169.99
Per user / year$17
Billing commitmentNot recordedNot recorded
Minimum seatsNone statedNone stated
Free planYesNo free plan listed
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.

OLT (OnLine Taxes) vs TaxAct Professional: features

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

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 ·

TaxAct Professional

  • Data importImport options save time and reduce errors.
  • Document signingElectronic document signing for clients.
  • Tax planning reportsReports and tools for customized client tax planning.
  • Secure document exchangeSecurely exchange documents with clients.
  • Client PortalsClient collaboration hub built on Drake Portals technology.
  • Audit and identity servicesAudit and identity services through Tax Protection Plus.

Source:taxact.com/professional ·

OLT (OnLine Taxes) vs TaxAct Professional pricing questions

  1. How much do OLT (OnLine Taxes) and TaxAct Professional cost?

    OLT (OnLine Taxes) paid plans start at $7.95 federal return (Premium Edition). TaxAct Professional paid plans start at $169.99 / year, plus per return (1040 Pay-Per-Return).

  2. Do OLT (OnLine Taxes) and TaxAct Professional have a free plan?

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