Free Turbo Tax Online Software - How it Works For 2009, 2010
Through a partnership in the middle of the Internal earnings aid (Irs) and tax software companies, such as Turbo Tax, lower earnings taxpayers are able to file their Federal tax returns at no cost. This partnership is known as the the Free File Alliance.
Free Turbo Tax Online Software - How it Works For 2009, 2010
If you meet one of 3 requirements, you can file your Federal tax return for free. Here is a list of those 3 requirements. Remember, you only have to meet one of these to qualify.
Have an adjusted gross earnings (Agi) of ,500 or less in the year 2008. If you qualify for the earned earnings reputation (Eic) for tax year 2008 then you qualify for free Federal tax filing. If you served active duty troops and earned an adjusted gross earnings (Agi) of ,000 or less in 2008 you qualify. Active duty troops also includes Reservists and National Guard. You must have a 2008 W-2 form from the troops to qualify.
Because of the partnership with Turbo Tax and the Internal earnings Service, taxpayers who qualify can e-file their federal returns for free with the 2007 freedom Edition software. In addition, twenty-one states have also created free file programs based on the Federal free filing program. This means you may also qualify to file your State taxes for free with the freedom Edition tax software. Here's a list of those 21 states: Alabama, Arkansas, Arizona, Georgia, Idaho, Iowa, Kentucky, Massachusetts, Michigan, Minnesota, Missouri, Mississippi, Montana, New York, North Dakota, North Carolina, Oklahoma, Oregon, Rhode Island, Vermont, and West Virginia.
The Free File Alliance filing program is designed for lower earnings taxpayers with straightforward situations and includes Irs forms and schedules. However, it is not designed for more complicated tax situations.
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