Free Income Tax Preparation Software
If you have a simple return and would like to file your return for free, then it is now possible. TurboTax Online has begun offering FREE filing for simple returns. It doesn’t get much better than that.
What is a Simple Return?
A simple return is when you do not need much guidance and support when filing your return. This would be if you just take the standard deduction and you do not itemize or have any unique tax situations. More than likely simple returns are filed using Form 1040. Form 1040 is available to all federal tax return filers regardless of your annual income amount.
If you would like to claim certain deductions, such as mortgage, childcare, medical expenses, or any charitable donations then you will not be able to use the simple form. Also if you need to attach any schedules to your return then you will be offered another great package that will get you the most deductions possible.
Benefits of Using TurboTax Online
TurboTax Online will guide you step by step when filing your return and will skip any questions that do not apply to your situation. This will help save you time when filing and definitely money since it is free.
They also offer free technical support if you have any questions. You can chat live with a representative or e-mail any questions. If you find you need more time to finish you can simply stop and come back where you left off at any time.
To file your federal return for free, visit TurboTax Online
If you’re new at this or it’s your first time, don’t worry. The simple steps are listed for you in easy to understand English. You do not have to be a tax expert to file your IRS income tax forms online. Here’s a surprise for you. Turbo Tax can get your W-2 information from over 100,000 companies for you. If you have investments they can get your information imported from several well known financial institutions. To impress you even further, they will take your information and put it in all the correct boxes for you! This greatly reduces the risks of errors on your tax forms.
Tax Form Questions and Answers
If you have any questions don’t worry at all. On every page there are answers to the frequently asked questions and if that doesn’t answer your question, then they offer live answers from tax experts and other TurboTax customers who have already found their way around the IRS tax forms. Hey, it’s FREE, give it a try today!