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File taxes for FREE using Turbo Tax...NOT for the rich... Archived From: Finance

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alert mods    
   posted: Jan. 14, 2008 @ 9:09p

Turbo Tax Freedom

I know most of you have 'fat wallets' and don't qualify but in case you know any financially challenged people...you could pass along this info...

IF...You earned $30,000 AGI or less(Adjusted Gross Income)
You qualify for the Earned Income Credit(with AGI up to $39,783)
You served in 2007 as Active Duty Military($54,000 AGI or less)

Supports Forms:
1040EZ | 1040A | 1040 Complete forms coverage
Complex tax situation not covered: Investments, Rental Properties.
Free E-file
Free Print
Free Prep

Plus Free STATE filing if:
You qualify for a FREE Federal return and are filing in one of the following Free File Alliance states:
AL, AR, AZ, GA, ID, IA, KY, MA, MI, MN, MO, MS, NY, ND, NC, OK,
OR, RI, SC, VT, WV
If your state does not sponsor a Free File Alliance, you can still prepare and file a state return within the Freedom Edition for only $9.95!


   posted: Jan. 14, 2008 @ 9:09p

Quick Summary is created and edited by users like you... Add FAQ's, Links and other Relevant Information by clicking the edit button in the lower right hand corner of this message.


alert mods    
   posted: Jan. 15, 2008 @ 6:28a

>30k AGI hardly makes someone rich.


alert mods    
   posted: Jan. 15, 2008 @ 6:50a

raringvt said:>30k AGI hardly makes someone rich.

I know it's tough, but keep working hard, and soon you'll move up in the world. Just hang in there.


alert mods    
   posted: Jan. 15, 2008 @ 7:50a

dupe, see below


alert mods    
   posted: Jan. 15, 2008 @ 7:51a

Looks like Turbo Tax lowered there qualifying AGI from last year, wasn't it in the 40K-50K range last year?

Anyways, here's a link to the IRS page that lists other tax software that may let you prepare and file for free if your AGI is less than 54K.


alert mods    
   posted: Jan. 31, 2008 @ 10:47a

Why do you think I hang out at FW? Its because I don't make any money at my real job


alert mods    
   posted: Jan. 31, 2008 @ 10:52a

TurboTax has a free federal option for everybody this year through their website. It's the bare bones 1040EZ and I don't think it will import information from previous years, but there's no income limit.


alert mods    
   posted: Feb. 3, 2008 @ 5:16a

JennaG said:TurboTax has a free federal option for everybody this year through their website. It's the bare bones 1040EZ and I don't think it will import information from previous years, but there's no income limit.

What is 1040EZ good for? Can it do mortgage interest, capital gains, etc? Or is it only for the simplest returns, where the taxpayer only gets a paycheck and pays rent, and takes the standard deduction, with no business expenses or anything?

When we receive spam about Turbo Tax being free, is that always about the 1040EZ version? I get those frequently, but don't remember seeing any mention of 1040EZ.


alert mods    
   posted: Feb. 3, 2008 @ 7:06a

State Farm customers can prepare their Tax FREE using TurboTax online with FREE e-file - have to access the program through StateFarm.com (need to login).
TurboTax Deluxe could be also downloaded for free through StateFarm link, but then e-file isn't free.
No income limitation there.

Alternatively, TaxAct.com let ANYONE to prepare Federal tax (online or download) FREE using their basic software version with free e-file. Just have to put up with their push for Deluxe version upgrade.


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