The information in this article is up to date for tax year 2025 (returns filed in 2026).
Looking for an inexpensive tax filing option doesn’t mean you should have a low-quality experience. You should not have to compromise on getting every tax break you deserve and knowing you’re filing a 100% accurate return.
TaxSlayer guarantees both while also providing easy-to-follow instructions and reliable support when you need help – all at a price you’re comfortable with.
Filing with TaxSlayer is a bargain compared to other solutions. There is an option for every tax filer and every budget.
How much does it cost to file taxes with TaxSlayer?
With TaxSlayer, you can electronically file a federal tax return for $0 with Simply Free – see if you qualify. If your tax situation doesn’t qualify, you can still save big with TaxSlayer. We offer a range of options designed to provide you with the tools and support you need at the best value, all for less than the other guys.
| Product: | Cost per federal return: | Best for: |
| Simply Free | $0 for a federal return | College students, single or married filers with no dependents, reporting W-2 and unemployment income only |
| Classic | $44.99 for a federal return | Homeowners, individuals with dependents, all tax situations covered |
| Premium | $64.99 for a federal return | Filers who need some help from a tax pro or prefer live chat, those who want extra assistance in case of an audit |
| Self-Employed | $74.99 for a federal return | Individuals with 1099 income, side hustlers, small business owners, independent consultants, and contractors |
What is the cheapest way to file taxes online with TaxSlayer?
TaxSlayer Classic offers a great value, bang for your buck option at $44.99. The primary difference between Simply Free and Classic is that Classic includes all the tax forms you could possibly need for any tax situation – no restrictions.
What IRS tax forms can I file with TaxSlayer Classic?
Many platforms charge additional fees based on the forms you need to file, potentially leading to unexpected expenses depending on the income and deductions you report. However, with TaxSlayer Classic, you won’t have to worry about that. TaxSlayer Classic includes all the forms needed to file for any tax situation, including:
| Form W-2 – Wages and Taxes | Form 1040 – Individual Income Tax Return | Schedule 1 – Additional Income and Adjustments |
| Schedule 2 – Additional Taxes | Schedule 3 – Additional Credits and Payments | Schedule A – Itemized Deductions |
| Schedule B – Interest and Dividends | Schedule C – Profit or Loss from Business (sole proprietor) | Schedule D – Capital Gains/Losses |
| Schedule E – Rental/Royalty/Pass-through Income | Schedule SE – Self-Employment Tax | Schedule EIC – Earned Income Credit |
| Form 1040-ES – Estimated Tax for Individuals | Form 1040-V – Payment Voucher | Form 1040-X – Amended Return |
| Form 4868 – Extension of Time to File | Form 1098 – Mortgage Interest Statement | Form 1098-E – Student Loan Interest |
| Form 1098-T – Tuition and Fees | Form 1099-INT – Interest Income | Form 1099-DIV – Dividends and Distributions |
| Form 1099-B – Broker Proceeds (investments) | Form 8949 – Sales & Dispositions (supports Schedule D) | Form 1099-G – Certain Government Payments (e.g., unemployment) |
| Form 1099-K – Third-Party Network Payments | Form 1099-MISC – Miscellaneous Income (rents, etc.) | Form 1099-R – Retirement Distributions |
| Form 1099-SSA – Social Security Benefits (SSA-1099) | Form 2441 – Child & Dependent Care Expenses | Form 8889 – Health Savings Accounts (HSAs) |
Why you may need to file with TaxSlayer Classic instead of Simply Free
Simply Free is our most basic tax filing option that allows people who meet the eligibility requirements to file their taxes for $0. But when you add dependents, itemize your deductions, or have certain sources of income, your tax situation is more complex and requires additional IRS forms.
If you don’t qualify for Simply Free and need to switch to Classic, your info will be carried over automatically, so you don’t lose any progress.
Before you submit your taxes electronically to the IRS, you will be notified if your return must be filed with Classic. You can choose how to make your payment at checkout, and you may be able to add a TaxSlayer promo code.
If you’re receiving a tax refund, you have the option to pay with your refund if you don’t want to come out of pocket when you file. Are you ready to see how much you can save with TaxSlayer? Create an account and start filing for free today!
Tips for lowering the cost to file taxes
Some taxpayers believe hiring a tax preparer is the easiest and best way to ensure accuracy and maximize their refund. However, using a platform like TaxSlayer allows you to file your taxes yourself with accuracy and maximum refund guarantees – all while saving significant money.
DIY programs automate calculations to reduce the risk of math errors and guide you through the process with straightforward questions to make sure your forms are filled out correctly.
Electronic tax filing, also known as e-filing, is the IRS preferred method as it is fast, accurate, and secure. Additionally, hiring a tax preparer can cost hundreds of dollars, whereas TaxSlayer offers more affordable options, including free federal filing for qualifying users.
Frequently asked questions about cheap ways to file taxes online
What is the best free tax filing program?
TaxSlayer Simply Free is a great option for those who need the basics when it comes to filing taxes. With Simply Free, you can file a federal tax return at no cost to you.
If you want your tax return to be 100% accurate and save money while you’re at it, TaxSlayer is right for you. Get the best value for all your tax needs.
Does it cost more to file taxes electronically?
No, the IRS and U.S. states do not charge for e-filing. The only things you must pay for are the costs associated with the tax filing software you use and any other features you choose to add when you file. TaxSlayer is committed to giving you the right tools at the right price. Don’t overpay for the refund you deserve.
Is it cheaper to pay someone to do your taxes?
It depends on the complexity of your tax situation and the tax preparer’s rates. But you can take the time out of finding and vetting a local tax professional and save money filing with TaxSlayer.
With TaxSlayer Premium, you get the benefits of having extra help from a tax pro with the ease of online filing from the comfort of your own home.
Do I have to file taxes every year?
It depends on how your income and financial circumstances change each year. Generally, the requirement to file a tax return depends on your age, filing status, income level, and dependency status.
