efile.com is a low-cost on-line tax prep supplier based mostly close to Washington, D.C.efile.com is to not be confused with e-file.com, an unrelated competitor that provides the same suite of providers. Be careful for that hyphen! It’s additionally to not be confused with IRS e-File, the method by which U.S. taxpayers file digital federal returns. In the event you put together your taxes on-line earlier than the IRS’s mid-April submitting deadline, likelihood is good that you simply e-file, irrespective of which prep service you employ.efile.com is right for frugal filers assured sufficient to arrange their very own taxes with minimal assist. It does have some value-added options not supplied by different cut price tax prep suppliers, equivalent to tax knowledgeable entry, pay-with-your-refund capabilities, and a value match assure. Nevertheless, it’s not in the identical league as full-service on-line suppliers like TurboTax, nor on-line suppliers with in-person arms, equivalent to H&R Block and Jackson Hewitt On-line.Right here’s what you want to find out about efile.com’s options, benefits, drawbacks, and total suitabilityPlans, Pricing & Featuresefile.com has a crisp, user-friendly prep interface that’s remarkably versatile. It seems eerily just like 1040.com‘s tax prep interface, and whereas I haven’t confirmed the connection, I think it’s a white label resolution traceable to Drake Software program, the North Carolina tax prep software program agency that owns 1040.com and develops professional-grade tax software program for CPAs and IRS Enrolled Brokers.When you full the preliminary onboarding questions protecting private and demographic data, you’ll be able to work on any part or type of your return in any order you select. Although the interview course of isn’t fairly as exhaustive or novice-friendly as some full-service tax prep choices, you’ll be able to undoubtedly full your whole return – even superior kinds – with out a lot expertise. For extra concerned sections, equivalent to earnings, you’ll be able to decide and select particular subtopics (wages, curiosity and dividends, enterprise, and so forth) or permit efile.com to stroll you thru every subtopic so as.In the event you dwell, work, or earn earnings in a jurisdiction that levies state earnings taxes, you’ll be led straightaway into the state return interface following the completion of your federal return. efile.com auto-populates as a lot state return data as doable, saving effort and time in your half. Whenever you’ve completed with the state portion, you’ll have a possibility to assessment every thing you’ve performed earlier than submitting. efile.com’s software program checks your entries for accuracy and flags inconsistent or probably inaccurate responses.Free BasicThis plan contains your federal return at no cost. Limitless state returns value $23.95 — if you want to file a couple of state return since you moved throughout state strains in the course of the tax 12 months or earned earnings in a number of states, these extra returns are included at no additional cost.The Free Primary plan is suitable for filers with conditions easy sufficient to suit on Type 1040EZ. Particularly, you’ll want to fulfill these standards:Submitting Standing: You should be single or married submitting collectively. Married couples submitting individually have to improve.Revenue: Your taxable earnings can’t exceed $100,000. Acceptable sources embrace wage and wage earnings, ideas, unemployment, taxable scholarships and grants, Alaska Everlasting Fund dividends, and curiosity underneath $1,500.Credit and Deductions: You possibly can’t declare any changes to earnings (deductions or credit) aside from the Earned Revenue Tax Credit score. Unacceptable deductions embrace the Scholar Mortgage Curiosity Deduction.Different Standards: Another standards apply as effectively. As an example, you’ll be able to’t owe wages to family workers or declare casualty or catastrophe losses.DeluxeThe Deluxe plan prices $24.95 on your federal return (usually $39.95) and $23.95 for limitless state returns.The Deluxe plan is suitable for filers who can full their returns utilizing Type 1040A solely. Particularly, filers should meet these standards:Revenue: Your taxable earnings can’t exceed $100,000. Acceptable sources embrace wage and wage earnings, ideas, unemployment, taxable scholarships and grants, Alaska Everlasting Fund dividends, curiosity underneath $1,500, retirement earnings (together with Social Safety and pensions), and capital positive aspects.Credit and Deductions: You possibly can’t itemize your deductions, however the universe of acceptable credit and non-itemized deductions is bigger right here than within the Free Primary plan. See efile.com’s web site for a whole accounting.Different Standards: Another standards apply as effectively. See efile’s web site for extra particulars.PremiumThe Premium plan prices $34.95 on your federal return (usually $49.95) and $24.95 on your state return. As with the Deluxe plan, extra state returns are included at no cost.The Premium plan is suitable for filers who should use Type 1040 and any related schedules. efile.com’s Premium plan helps nearly all tax conditions, together with:Excessive-Revenue Filers. In the event you earned greater than $100,000 in the course of the tax 12 months, you want to file with Premium.Freelancers and Unbiased Professionals: In the event you’re a freelancer or solopreneur with vital self-employment earnings, you might have to file Schedule C utilizing this plan.Small Enterprise House owners. In the event you personal shares in a small enterprise, no matter its authorized construction, you’ll be able to file the suitable kinds with this plan.Itemized Deductions. It is advisable improve to Premium to itemize your deductions. efile.com’s software program routinely determines whether or not you’re higher off itemizing or claiming the usual deduction.Unreported Ideas. In the event you had greater than $20 in unreported money ideas in any given month in the course of the tax 12 months, you’ll be able to report them right here.Much less Widespread Revenue. You possibly can report much less frequent kinds of earnings, equivalent to property rental earnings and playing winnings, utilizing this plan.Extra Featuresefile.com has some extra options price noting. They’re obtainable with all three plans, although some contain extra fees.Tax Calculatorefile.com’s TaxStimate tax calculator is a helpful little tax legal responsibility estimator, although it comes with no ensures.Free Premium Supportefile.com used to cost for premium assist from tax consultants, however that seems to be a factor of the previous. Filers in any respect plan ranges take pleasure in free premium assist, together with questions on return-specific points, utilizing efile.com’s onsite ticketing system.Actual-Time Refund TrackerLike most on-line tax prep packages, efile.com has a real-time refund tracker that exhibits your anticipated federal and state refunds or liabilities. These numbers change with every related entry.Information Baseefile.com has an intensive DIY assist database stocked with frequent subjects associated to its tax prep software program, tax preparation usually, tax submitting, and U.S. tax regulation. It’s sufficient to reply most simple questions that come up in the course of the tax prep course of, although its heavier tax subjects could also be complicated for these not well-versed in tax regulation.Pay With Your RefundYou will pay your prep charges along with your federal refund, offered it’s massive sufficient to cowl the price. There’s a one-time cost of $24.95 related to this service, topic to alter.Audit Assistanceefile.com presents complimentary audit help with all plans, together with the free plan. This isn’t full-blown audit illustration, which some on-line tax prep suppliers and most human accountants supply for an extra price. Somewhat, efile.com’s workforce may help you consider IRS notices and reply appropriately.Most Refund GuaranteeLike most on-line tax prep software program suppliers, efile.com presents a most refund assure. If an equivalent return ready with a competitor nets you a bigger refund or decrease tax legal responsibility, efile.com could reimburse your prep charges and pay you $100 additional. Bear in mind that the window to make the most of this assure is fairly restricted – you want to contact efile.com in writing no later than 60 days after the IRS accepts your e-filed return.Accuracy Guaranteeefile.com’s accuracy assure is simple: If “it’s important to pay a penalty price to the IRS or a State Tax Company because of an efile.com tax calculation error, efile.com pays the penalty and curiosity for you.”Lowest Value Guaranteeefile.com presents to “meet and beat” any competitor’s value on plans with equivalent options and providers. The quantity by which efile.com is keen to beat any value isn’t spelled out, so it’s doubtless a case-by-case dedication. This supply comes with critical caveats – as an example, efile.com makes the ultimate choice about what constitutes equal providers and reserves the correct to think about such options as its pay-with-your-refund pricing, which it claims is the bottom round.Advantages1. Free Primary Plan Is Completely Free for Federal Filersefile.com’s free plan is definitely 100% free. In the event you can full your taxes utilizing Type 1040EZ solely, you gained’t pay a cent to arrange and file them with efile.com.2. State Return Pricing Consists of Limitless State Returnsefile.com fees a single price on your state tax submitting, irrespective of what number of state returns you want to put together. In the event you moved throughout state strains in the course of the tax 12 months or earned earnings in one other state (as an example, from a enterprise or interstate commute), your state prep charges gained’t multiply.three. Greater-Priced Plans Low-cost by Trade Benchmarksefile.com’s highest-priced plan prices $34.95 on your federal return (usually $49.95) and $24.95 for limitless state returns. That’s far lower than full-service suppliers like TurboTax and “low cost” choices like TaxAct alike. Although efile.com isn’t the lowest-priced tax prep product round – that distinction goes to FreeTaxUSA, amongst others – it undoubtedly presents above-average worth.four. Can Pay Prep Charges With Your Federal Refundefile.com enables you to pay your tax prep charges along with your federal refund, so long as your anticipated refund is massive sufficient to cowl the charges and processing cost. The $24.95 processing cost is decrease than some rivals’ charges. TurboTax and H&R Block each cost near $40 to pay along with your refund, no matter your plan or add-ons.5. Tax Professional Entry Obtainable for FreeUnlike many cut price on-line tax software program suppliers, efile.com has certified tax consultants on employees. If in case you have a sophisticated query about your tax scenario, you’ll be able to attain out to them with as much as two questions for an inexpensive price: not more than $17.95. With the 20% to 40% submitting price low cost added in, this so-called Taxpert Service is principally a wash.Disadvantages1. Free and Deluxe Plans Constructed for Easy Tax Conditions Onlyefile.com’s two lower-priced plans aren’t designed for classy tax conditions. Actually, they’re solely acceptable for filers who can full their taxes utilizing Type 1040EZ and 1040A. In the event you’re among the many tens of millions of U.S. taxpayers for whom these primary kinds are insufficient, you’ll have to improve to Premium – a roughly $60 expense, assuming you want to file state taxes and aren’t paying prep charges along with your return. Go for a extra complete platform as a substitute, equivalent to FreeTaxUSA.2. Restricted Assist Resourcesefile.com’s buyer assist assets are fairly skinny. The e-mail-based assist ticketing is rudimentary at finest, and the DIY assist database is a slog for folk with out a lot tax prep expertise. In the event you want extra hand-holding, contemplate a full-service various, equivalent to TurboTax.three. Most Refund Assure Window Is Very ShortWith a $100 bonus for profitable claims, efile.com’s most refund assure is extra beneficiant than common. Nevertheless, its 60-day energetic window is way shorter than industry-standard ensures, which run for months following IRS acceptance. Whereas this isn’t by itself a deal-breaker, it undoubtedly heightens the stakes and should current a critical problem for busy filers.four. Interface Isn’t Significantly Person-Pleasant (or Cell-Pleasant)efile.com’s tax prep interface seems somewhat dated, doesn’t present up all that effectively on a small display (although the web site is technically mobile-friendly), and has some complicated components for less-than-confident filers. In the event you’re in search of a very seamless expertise, you might wish to spring for a higher-priced program like TurboTax.Last WordSet apart efile.com‘s complicated identify and its obtrusive similarities with some competing platforms, notably 1040.com, and also you’re left with a low-cost on-line tax prep program that’s appropriate for tens of millions of filers with simple tax conditions and the boldness essential to navigate the preparation course of with minimal assist.That’s a gorgeous proposition, to make certain. However efile.com isn’t excellent. In case your scenario has any curveballs in any respect, you’ll most likely end up paying for the Premium plan. And, should you’re a DIY tax prep novice, this won’t be the very best place to begin. However don’t take my phrase for it. Test it out your self and see what you assume.Do you intend to make use of efile.com to arrange and file your taxes this 12 months?