TurboTax vs TaxSlayer

Compare TurboTax and TaxSlayer to decide between premium and budget tax software. See pricing, features, and which is better for your 2025 tax return.

5
TurboTax wins
1
Ties
4
TaxSlayer wins

TurboTax

The top-tier tax software with the most comprehensive features, best-in-class interface, and deepest integration ecosystem. Commands the highest prices in the market for its premium experience.

TaxSlayer

A fast, affordable tax software covering all major tax situations from simple returns to self-employment. Offers significant savings over premium competitors while maintaining accuracy and speed.

Feature-by-Feature Comparison

CategoryTurboTaxTaxSlayerWinner
Deluxe Price$69 federal + $59 per state$22.95 federal + $39.95 per state
Self-Employed Price$129 federal + $59 per state$52.95 federal + $39.95 per state
User InterfacePremium guided experience with contextual assistanceFast and efficient; less guidance
Data Import1M+ employer W-2 imports, all major brokeragesW-2 import available; fewer integrations
Self-Employed FeaturesIndustry-specific deductions, QuickBooks integrationStandard Schedule C support; no accounting integration
Expert AccessTurboTax Live from $139 with CPA/EA reviewAsk a Tax Pro with Premium tier ($42.95)
Mobile AppBest-in-class mobile filing appGood native app for iOS and Android
Filing SpeedThorough but slower guided processKnown for fast, streamlined filing
Military SupportDiscount for military; not fully freeFree federal filing for active duty military
Accuracy Guarantee$10,000 accuracy guarantee100% accuracy guarantee

The Verdict

TaxSlayer offers comparable accuracy at roughly one-third the price of TurboTax. TurboTax provides a significantly better experience with superior imports, more guidance, and deeper integrations. For experienced filers and those with straightforward returns, TaxSlayer's savings are hard to ignore. Complex self-employed situations may benefit from TurboTax's specialized tools.

Choose TurboTax if...

First-time filers who want maximum guidance, self-employed individuals with complex deductions, and anyone with extensive investment portfolios needing automated brokerage imports.

Choose TaxSlayer if...

Experienced filers who know their tax situation, active duty military members, and anyone who wants to file quickly without paying premium prices.

Frequently Asked Questions

Is TaxSlayer accurate enough compared to TurboTax?
Yes. Both use the same IRS forms and tax calculations. Independent reviews consistently show TaxSlayer produces accurate results. The difference is in the guidance and user experience, not in the math. Both offer accuracy guarantees.
How much can I save by switching to TaxSlayer?
Depending on your situation, you can save $46-$95 on federal filing and $20 per state. For a typical filer with one state return, that is $66-$115 in savings. Over multiple years, the savings are substantial.
Does TaxSlayer support investments and crypto?
Yes. TaxSlayer Classic ($22.95) supports Schedule D, Form 8949, and cryptocurrency reporting. You may need to enter trades manually or upload a CSV file, whereas TurboTax can import directly from most brokerages.
Which is faster to complete?
TaxSlayer is generally faster because it asks fewer questions and provides less detailed guidance. If you know your tax situation, you can complete a return in 30-45 minutes. TurboTax's thorough interview process takes longer but helps you catch deductions you might miss.

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