Written by If you have a simple return and would like to file your return for free, then it is now possible. TurboTax Online has begun offering FREE filing for simple returns. It doesnt get much better than that.
What is a Simple Return?
A simple tax return is when you do not need much guidance and support when filing your return. This would be if you just take the standard deduction and you do not itemize or have any unique tax situations. More than likely simple return are filed using Form 1040. Form 1040 is available to all federal tax return filers regardless of your annual income amount.
If you would like to claim certain deductions, such as mortgage, childcare, medical expenses, or any charitable donations then you will not be able to use the simple form. Also if you need to attach any schedules to your return then you will be offered another great package that will get you the most deductions possible.
Benefits of Using TurboTax Online
TurboTax Online will guide you step by step when filing your return and will skip any questions that do not apply to your situation. This will help save you time when filing and definitely money since it is free.
They also offer free technical support if you have any questions. You can chat live with a representative or e-mail any questions. If you find you need more time to finish you can simply stop and come back where you left off at any time.
Learn More about Free Income Tax Preparation Software.
