Free Federal Edition of TurboTax


TurboTax - Do your Taxes for Free - It's Easy

You can download a free Federal Tax Edition of Turbo Tax here right now.

Has anyone used this before? If so, I’d love to hear your thoughts on it.

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Comments

  1. says

    We love TurboTax! I have used it the last two years with great success and ease. We have a small business, so use that edition and it takes care of all our self employment taxes, business deductions, etc. Very helpful and worth the money!

  2. Jessica says

    I have used this before too, its a good service but its not totally free! it will charge you $14.95 at the end for using the service, what is free is the e-file!

  3. allison says

    i love turbo tax, too, so i was excited to see that the on-line version would be free. i started our taxes with the free on-line version, and was really bummed that we’d have to pay in order for turbo tax to include our earnings from a schedule k-1 (ours is a simple real estate investment held by about a dozen people producing about 2k/year).

    i’m going to use the confidence that turbo tax has given me in previous years to do our taxes old-school (paper only) this year… :)

  4. Amy says

    I love turbo tax! I was controller of a CPA firm before staying home with my children, and I have done a lot of tax returns in my day. I still do all of my family members’ returns and our own with turbo tax. I like that it will walk you through with simple questions if you don’t know what you’re doing or any tax laws have changed, or you can visit only the forms you need to complete your return faster. I’ve been using it for about 10 years now.

  5. EmilyM says

    Jessica-
    I think what you’re referring to are previous year’s editions. This year there really is a “free” version (not just free to e-file). It looks like it would work great for someone with a simple return.

  6. Jessica says

    TurboTax is a great program!! I’ve used it for years. I used the free edition years ago before I was married, had kids and bought a house. It was very user-friendly just like all of the TurboTax products. I’m not sure how much guidance it provides for more complicated returns, compared to the pay versions, though.

  7. Jamie says

    I’ve used TurboTax efile before, but in my frugal ways, I’ve adapted my usage. Keep in mind you only have to pay to use TurboTax when you efile or print . . . so I use it as tool to double check my accuracy and then complete a paper form and mail it in. It gives you the comfort and guidance without the fee.

  8. Amy K says

    I prefer the H&R Block tax software. It is the one that I have always used so I am used to it. I have tried this one and it is very similar but I just prefer H&R Block. They are both very step-by-step and are easy to use.

  9. says

    Usually the free edition has stipulations (like other commenters are saying).

    According to the IRS web site for TurboTax:
    Free federal online tax return preparation and e-file if your adjusted gross income is $31,000 or less or if you are active military with an AGI of $57,000 or less or you qualify for Earned Income Tax Credit. This federal offer is valid in all states. Free extension.

    You can choose other companies here:
    http://apps.irs.gov/app/freeFile/jsp/index.jsp

    This list is compiled every year and posted on the IRS web site. We have had good luck using TurboTax and H&R Block free editions. :)

  10. says

    I’ve used TurboTax for the past four years or so and LOVE it! So easy to use and worth the $20 investment. We buy TurboTax Basic for $20 from Amazon every year and then pass the disk around to family members (I think you can file 5 returns per software copy). So that works out to $4 a person…not bad! Just filed my family’s taxes using it last night and it took me roughly 2 hours. Would have been less time but I always fill out our individual deductions in case itemizing gets us over the standard deduction (we’re always close, but it hasn’t yet).

  11. Melissa says

    Yes, I HAVE done it this year. It was easy and it’s the FEDERAL taxes that were free. If you wanted to file state taxes it charged us $28. Still it found more tax breaks for us then if we would’ve done it ourselves. So it DID pay off.

  12. Heather says

    I love TurboTax! We have to use the premier version, because we own rental property. However, I’m sure the cost of the product is more than paid for with all the tax deduction and credits of which it reminds us, that we would certainly be unaware of otherwise. Plus the It’s Deductible software that tallies up the actual value of donated items is great – I would have never put such a high value on donated clothes previously – more money saved!

  13. Melissa says

    I use Turbo Tax every year – although I do get annoyed because it never quite works out “free”, but it is still worth the money to us to have the step-by-step directions and the e-filing for both federal and state – gets the refund back quicker! I don’t think the link about is working, though.

  14. Kaitlin L says

    Hi Crystal – I have an accounting degree and work for a friend in her CPA business during tax season, and we still use Turbo Tax (this was our 3rd year). It’s very thorough, convenient (particularly when you have your previous years’ info carried forward for you) and walks you through the entire process. Be careful, though – it’s only free if you file a 1040EZ or a simple return. If you have anything like self-employment income, itemized deductions, etc. (obviously you won’t have mortgage interest to deduct!), you’ll probably have to pay $29.95 for the step-up version (which might be deductible, depending on your situation!) Good luck!

  15. says

    We’ve used the FREE online version the last two years and have been very happy – they even let you efile for free if you qualify! :)

  16. says

    We love TurboTax, although it is not fully free. I think it’s worth the money, however. Much better than taking your stuff to a tax place.

  17. Shelly says

    We have used it for years and really like it. We already bought ours but we have to file state too. I would recommend it to anyone.

  18. says

    This year’s edition is completely free. I did it, did not pay a dime, and it was very user friendly.

    There are guidelines for getting the free edition:
    1. Income less than $31,000; OR
    2. Active military with AGI of less than $57,000; OR
    3. Qualify for Earned Income Credit.

    In those instances you do not have to pay at all. I know this works because this is how I filed our taxes, both state and federal. You can do it online w/out downloading anything at http://www.taxfreedom.com

  19. says

    I love turbo tax! We did use this version this year. Your federal return is completely free! It is $14.95 + tax to prepare your state return. You are only supposed to use this version if you make less than 31,000 for the year.

  20. Erica says

    We have used this version for FREE the last three years with great success! You only have to meet ONE of the previous stated guidelines to qualify for free. We have self-employment income and have had itemized deductions without any trouble at all. We pay $14.95 to file our state return (PA) but other than that have never paid a penny to use it. So many of our friends have had trouble with the software they have purchased and have switched to this. I HIGHLY recommend them, they have made the drudgery of taxes very easy to figure out!

  21. Adrienne says

    TaxCut is cheaper. We are tempted to get Turbo Tax as well this year so we can compare the two programs. This is a great way to file your federal for free, but this offer doesn’t include the state returns.

  22. Charlotte says

    We always use the free Turbotax and have loved it. It makes it super simple and we are getting a huge return this year, thanks to their step-by-step guidance.

  23. Heather says

    Used this for the first time this year and will again. Both my Federal and State were free through Turbo Tax Freedom. Only a few states are under the same exceptions that Turbo Tax Freedom applies. Very easy for a simple return.

  24. says

    I haven’t done my taxes this year yet, but in the past, the software was free for federal, but you had to pay for the state. I just stop wherever it is that they start charging. Between Turbotax and Taxcut, Ijust use whatever is cheapest that year. I didn’t find much difference between the two. Last year both were free for me. Turbotax said my situation was too complicated for it to do – which was frustrating because I was pretty close to the end of the return when it decided that. Taxcut was able to take care of the situation.

  25. says

    If you don’t qualify for the free version, you can still get a discount on Turbo Tax’s online version if you go through a bank or investment company’s website. For example, I have a mutual fund at Vanguard. Through their site, I can get a 25% discount on Turbo Tax. Even at my credit union’s website, I can get a 20% discount on Turbo Tax. I save about $7 going to their site first rather than going directly to Turbo Tax.

  26. Lindsay says

    We use the deluxe version, which is more expensive, but we itemize and it’s much cheaper than a CPA. I noticed AFTER filing that you can also go thru Shop at Home for Turbo Tax, so I’ll do that next year. Taxes are easy with TurboTax!

  27. Jenny says

    I’ve used Turbotax ever since our taxes got more complicated a few years ago. I have helped friends use the free version, as well–and it’s very easy and quick.

    What I wanted to share, though, is that you can get up to a 30% discount on the price of the Deluxe, etc. versions by linking through your financial institution’s website. Just go to your financial institution’s website and search for Turbotax.

  28. Marie says

    I have to give a little shoutout to taxact.com. We filed federal, two states, and were able to ask tax questions over the phone for a little less than $28.

  29. says

    We also use TurboTax but we itemize our deductions due to our adoptions so we need the Deluxe version. We purchased it at Sams Club for I think $49.95. If you itemize deductions you can also deduct the cost of your tax preparations–either the software or what you pay someone to do it! :)

  30. says

    We have used Turbo Tax deluxe for the last four years. I love it! Two of my favorite features are when you are entering your deductions you can see the amount of your refund go up with each deduction and we do a lot of donating to thrift stores and such and they let you use a value calculator so you can deduct the entire amount of your donations.

  31. Katie L says

    We’ve used TurboTax deluxe every year since we were married. We love it and strongly recommend it.

  32. Laura_in_TX says

    Hi Crystal. The way I understand the free Turbo Tax Online is that all your information is stored online too (liek SSN). I don’t care for that in this day and age of computer hacking although https:// sites have proven to be secure. So we buy the TurboTax Deluxe and do our taxes on our non-networked desktop computer and mail them in. Old fashioned and paranoid I guess. My two cents.

  33. Jenny says

    we love using turbotax online, my husband says anything we do end up paying for the service is totally worth it for the great job it does helping guide us through preparation and optimizing refunds.

  34. Jenn says

    Erica – have you already filed this year? We also do the self-employment thing and I was sure it was free last year. This year, however, they will only let us file with our 1099s and business expenses and all for a $14.95 fee. I was just wondering if maybe I missed something and should be finding a truly free version somewhere. Thanks!