Home Liberty Tax Service › 2025 vs. 2026
FDD Year-over-Year Comparison

Liberty Tax Service FDD: What Changed from 2025 to 2026

The 2026 Liberty Tax Service FDD moves the Item 7 estimated initial investment range from $49,970–$71,400 to $49,700–$71,400, and the system contracts from 1,764 to 1,663 outlets year-over-year. The 2026 filing adds an Item 19 financial performance representation that the 2025 filing did not include.

Source: WI & MN state filings · Updated July 2026 · ClearlyFDD

Item 7 — Estimated Initial Investment

2025 FDD2026 FDDChange
Low end of range$49,970$49,700−$270 (−0.5%)
High end of range$71,400$71,400unchanged
Full range$49,970–$71,400$49,700–$71,400

The 2026 filing puts the Item 7 estimated initial investment at $49,700–$71,400, versus $49,970–$71,400 in the 2025 filing. The low end moves by −$270 (−0.5%) and the high end is unchanged.

Item 20 — System Size (Outlet Count)

2025 FDD2026 FDDChange
Total outlets (Item 20)1,7641,663−101 (−5.7%)

Liberty Tax Service reports 1,663 outlets in the 2026 FDD, versus 1,764 in the 2025 filing (−101 (−5.7%)).

Item 19 — Financial Performance Representations

Liberty Tax Service added an Item 19 financial performance representation in the 2026 filing; the 2025 filing did not include one.

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