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- #USING TURBOTAX FREE ONLINE FOR FREE#
- #USING TURBOTAX FREE ONLINE HOW TO#
- #USING TURBOTAX FREE ONLINE SOFTWARE#
Simple taxes, no added schedules or deductionsĪlso see: How to File Taxes Online Who Gets Free TurboTax Taxes? Who Gets Free TurboTax Taxes?
#USING TURBOTAX FREE ONLINE SOFTWARE#
Scroll down to the next section to see online tax software choices that aren’t free but are a whole lot cheaper than TurboTax.
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#USING TURBOTAX FREE ONLINE FOR FREE#
The table below simplifies the TurboTax price list for people who aren’t eligible for free TurboTax.įor those outside the TurboTax free umbrella, cheaper mainstream options do exist. However, those free taxes don’t apply for people in more complex situation. The TurboTax free option is great, but their price list is a nightmare. In that case, TurboTax free taxes most definitely aren’t free.Īlso see: Best Tax Software 2016: TurboTax vs H&R Block TurboTax Prices Simplified People in more complex tax situations will pay anywhere from $72 to $117 for TurboTax online software. Namely, the TurboTax free option isn’t available to anyone with more than just the very basic tax situation. However, the very simple explanation Kaku gives leaves out a major point. In the ad below, theoretical physicist Michio Kaku explains to a nonplussed taxpayer that yes, TurboTax free taxes really are free. The ads are cute and funny and drive home the message that you’d have to be some kind of dope to miss the point that free TurboTax is really free. TurboTax free taxes are being hyped heavily in ads. * Prices listed above include federal and one state filing. When Are TurboTax Free Taxes Really Free? TurboTax Free Taxes Are Really Free If.Īnd your price for TurboTax online tax software* is:įiling 1040 EZ with no schedules or deductionsįiling IRS Schedule A (Itemized deductions)įiling IRS Schedule C (Self employment and small business)įiling IRS Schedule D (Investment income)įiling IRS Schedule E (Rental property income)įiling very complex taxes and need all of the above The minute a special form or situation rears its head, TurboTax free taxes are going to revert to something that costs money.
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The following list shows the conditions to get TurboTax free taxes:īasically, to get TurboTax free taxes, taxpayers need to file only basic taxes, with no bells and whistles. The bottom line is: TurboTax is a great service but their “free” ad campaign is a bit misleading. Even those who aren’t eligible for the TurboTax free option probably won’t regret the choice. That said, TurboTax online tax software is an exceptionally smooth and easy way to do your taxes. That includes one federal filing and one state filing. Generally, for people who do itemize deductions or have business income or investment income, TurboTax costs $72 to $117. If you do have those things, then you’ll need to pay to use TurboTax. If you don’t itemize deductions or have business income, investment income or rental income, then yes, TurboTax free taxes are really free. That big if is that free taxes with TurboTax are only free if you meet certain tests. TurboTax free taxes are really free but with a big IF.