TaxSlayer has added several new Features and Updates in 2024 to make the tax filing experience for its users simpler and more convenient. These new features help complete the tax filing process faster, maintain greater accuracy, and provide a better user experience. Here are some of the major updates and new features made in TaxSlayer for tax season 2024:
Automatic W-2 and 1099 Form Import
- TaxSlayer has added the feature of automatic W-2 and 1099 form import this year.
- Users can now easily import their forms directly from their employer’s system, eliminating the need for manual data entry.
- This feature not only saves time but also reduces the chances of mistakes.
Improved Credits and Deduction Guidance
- TaxSlayer has introduced a smart guidance tool for deductions and credits in 2024.
- This tool analyzes the personal data and financial information of users and helps them find the right credits and deductions.
- This allows users to get maximum tax savings.
AI-assisted live chat support
- This season, TaxSlayer has provided real-time assistance using AI in its live chat support.
- Now users can get quick answers to their questions and get their problems resolved faster.
- This feature is helpful in saving time during tax filing.
Access and progress sync from multiple devices
- Now users can access their tax returns from any device and continue their work on another device.
- The new update of TaxSlayer automatically syncs your progress, allowing you to file tax returns on any device be it a laptop, tablet, or smartphone.
Special tools for cryptocurrency tax reporting
- TaxSlayer has introduced special tools for cryptocurrency investors in 2024. Users can now add their crypto transactions directly to TaxSlayer and track taxable income easily.
- This feature is useful for users who have invested in various digital currencies.
Enhanced Security and Two-Factor Authentication (2FA)
- TaxSlayer has added two-factor authentication (2FA) and other security measures to enhance the data security of its users.
- This feature strengthens the security of your account, keeping your personal information safe.
Improved Refund Tracking System
- Users can now track the status of their tax refunds in TaxSlayer.
- This includes an updated refund tracking system, which notifies users about the various stages of their refund.
New Reporting Features for Self-Employed and Small Business Users
- Special new reporting features have been added for users who are freelancers, self-employed, or small business owners.
- These tools help self-employed individuals accurately report taxes, business income, and expenses.
Final Thoughts For Features and Updates
For the 2024 tax season, TaxSlayer has added several new features and improvements to its platform that make tax filing faster, safer, and more convenient.