If your tax situation is straightforward and you're only filing a simple Form 1040, you can file for free using TurboTax Free Edition!
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How to get the deal:
Visit this link and click “Start for free.”
Let them know how you filed last year.
Sign in or create an account to get started, and follow the filing prompts.
What is TurboTax Free Edition?
TurboTax Free Edition is a version of TurboTax that allows users to file their federal and state tax returns for free, as long as their tax situation is simple. It’s designed for individuals who have straightforward tax situations, like filing a 1040 form, claiming the standard deduction, and having basic income sources such as wages, unemployment, or limited interest/dividends.
However, it doesn't support more complex situations like itemizing deductions, claiming certain credits, or filing for self-employment income. If your tax situation is more complicated, you might need to upgrade to one of TurboTax's paid versions.
The fine print:
Bottom line cost: TurboTax Free Edition is completely free for those who qualify for a simple tax return.
When will I be charged? You’ll only be charged if you use the non-free software. If you choose Deluxe or better, you’ll be charged after filing.
When can I access their content? You’ll get access to your tax return software right away.
Will I need to cancel? TurboTax is a just onetime payment after filing. You won’t need to cancel, but each year you can pay again to make filing easier by pre-filling your return with information from the previous year.
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