If you’re attempting to do your taxes this year, this may most likely be at the top of your list of questions while attempting to navigate the IRS pamphlets. Many deductions have changed this year due to congress agreeing not to extend the Bush-era tax cuts so knowing this information would be key to finishing your tax return on time. The main question is why you are doing this in the first place? You should check out the free TurboTax edition and find out for yourself just how simple filing your free federal return can be.
If you are filing your 1040EZ form this year, check out the software they have to offer. Downloading the software is simple and in a few steps, you will be ready to file your federal taxes online without paying money to a tax professional or painfully doing your taxes the long way.
TurboTax takes care of all the guesswork and all you need is your W2 and your computer. However this is for the 1040EZ form only so if you are filing more complicated forms such as the 1040A which would be for married couples with children and homes and other deductions, you would need to see some of the other products they have to offer.
All of their products are very inexpensive when compared with the cost of hiring a tax professional which costs hundreds more annually. TurboTax also offers live support if you run into any questions as well as their personal guarantee that you will not be audited for using their product as long as the info you provide is correct. The free edition should be the first choice for young adults filing taxes for the first time or anyone filing a 1040EZ form.
By offering the best e-file products at the best prices, anyone can file their federal tax forms as easily as possible. Whether you are a young adult filing for the first time or a seasoned business owner with many forms and several tax credits, they will have what you need.
Compare that with the hundreds or even thousands you could pay a tax professional or accountant. Let the Turbo Tax take care of the filing while you figure out what to do with the rest of your day.