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)
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!
Why do you think I hang out at FW? Its because I don't make any money at my real job
JennaG
Tired Member
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.
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.
gkl
Senior Member
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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