, turbo Tax Free protects all your personal tax info so you can file your taxes confidently. Access to self-serve help Browse our Turbo. Tax Community forum 24/7 or post a tax question for our users and experts., turbo Tax Free is ideal for simple tax situations:.
Is TurboTax free edition really free?
You can pay nothing to file your simple federal and state taxes. 60 million hard-working taxpayers can file their simple federal and state taxes for free. You can file with Turbo. Tax Free Edition if you have a simple tax return.
Low Income: Individuals or families with an adjusted gross income (AGI) of less than $33k per year may qualify for the Turbo. Tax Freedom Edition, which includes free State & Federal efile Students: Students who qualify may also be able to file their federal and State taxes for free.
Why you should not use turbotax?
, turbo Tax is an evil, parasitic product that exists entirely because taxes are confusing and hard to file. Worse than that, Intuit is one of the loudest voices on Capitol Hill arguing against measures that make it easier to pay taxes.
Then, why did you choose TurboTax?
We hope that, over time, as our customers with simple returns need more capabilities as their financial situations change (for example owning a home, having a child, managing investments), they have loved our products and services so much that they will choose our paid Turbo. Tax offerings to prepare and file their returns.
How does TurboTax work?
, turbo Tax is tax preparation software. You can use it to fill out your state and federal income tax returns. The software allows you to electronically file your tax returns once you’ve completed them. You have the option to print out your returns to sign them physically and mail them to your designated address as well.
What are the advantages and disadvantages of using TurboTax over a CPA?
The advantages and disadvantages of using Turbo. Tax over a CPA involve your willingness to work with financial numbers and the amount of time you have. With the exception of a simple return, it takes 4-5 hours of work for most people to complete their tax forms and file. If you don’t have that time, a CPA is a good investment to consider.
Is Turbo Tax right for You?
Turbo Tax is great when you’re in the act of preparing your taxes, but it’s not as easy to go back in and make a change if you’ve done something wrong and need to correct it. For example: one of the things I do is review tax returns that people have prepared for themselves before they send them to the IRS.
Another thing we wanted the answer to was; should you hire a tax professional or TurboTax?
While some people with very complex or unique situations may feel more comfortable with the direct assistance of a tax professional, the majority of tax situations are easily covered by Turbo, and tax., turbo Tax offers online and desktop versions of its software, with different prices depending on your tax filing needs.