Monday, February 1, 2010

TurboTax Offers Free Online Tax Filing

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If you are in the military or a low-income taxpayer, you can file for free by using Turbo Tax. According to Intuit, the software company that created Turbo Tax, they have offered free file in partnership with the IRS for the past decade. Twenty states, including Rhode Island, have created Free File Programs based upon the federal Free File Alliance model.

The following states qualify for the free file program: Alabama, Arizona, Arkansas, Georgia, Idaho, Iowa, Kentucky, Michigan, Minnesota, Mississippi, Missouri, New York, North Carolina, North Dakota, Oklahoma, Oregon, Rhode Island, South Carolina, Vermont, and West Virginia.

Who is eligible for free filing using Turbo Tax for the tax year 2009?
•All taxpayers eligible for the Earned Income Tax Credit.
•Active duty military with an adjusted gross income of $57,000 or less.
•All other taxpayers with an adjusted gross income of $31,000 or less.

In order to qualify to file your Federal and State taxes free, you must file at the same time. If you have already filed Federal taxes, you cannot qualify for free e-file.
To file online using Turbo Tax Free File, you can go directly to the Turbo Tax free file site turbotax.intuit.com/taxfreedom or www.irs.gov.

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