To promote element diffusion in the solid-liquid two-phase region, optimize solidification microstructure, and improve the matching degree of strength and toughness, Ti–46Al–8Nb-2.6C-xTa (at. %) alloys were prepared by arc melting under the action of ultrasound. The lamellar colony, precipitate phase, elements distribution, and related mechanisms were analyzed. Results show that the relative content of the γ phase decreases, while the relative content of the α2 phase and Ti2AlC phase increases as the addition of Ta increases. The coarse long rod-shaped Ti2AlC transforms into short rod-shaped particles. The lamellar colony size reduces from 32.1 to 18.6 μm, the lamellar spacing reduces from 1.4 to 0.7 μm, and the aspect ratio of Ti2AlC reduces from 5.8 to 2.5 as the addition of Ta increases from 0 to 1.0 at. %. The acoustic streaming effect of ultrasound promotes the diffusion of tantalum in the solid-liquid two-phase region for a certain ultrasonic processing time. Tantalum is a heterogeneous nucleation particle of Ti2AlC particles and causes composition supercooling at the forefront of the solidification interface, which is the main reason for refining the microstructure. Compressive strength increases from 1996 to 2596 MPa and the strain increases from 25.4 to 29.3% as the addition of Ta increases from 0 to 0.6 at. %. The main reasons for improving the properties of alloy are the refinement of the microstructure and the formation of a large number of dislocations.