How to Shop For Free with Kathy Spencer
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February 26, 2012 By Kathy Spencer 1 CommentThis post may contain affiliate links. Please see our full disclosure.
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CMass Stan says
February 26, 2012 at 10:31 pm
I spend a lot of time answering questions in Turbo Tax’s Live Community under this login name.
Just so you’re not disappointed, the Federal Free edition is for those who have never used TT before and have a relatively simple return to file. If you need handholding or need to file additional schedules, you’ll get upgraded to Basic, Deluxe, or Premier, which will cost you more. Also, you’ll pay extra for things like deducting your fees from your refund or signing up for audit protection.
Finally, you need to pay $27.99 if you want TT to prepare a state return by carrying over info from your Federal return. You can always go to your state’s dept of revenue site (for Massachusetts it’s https://wfb.dor.state.ma.us/webfile/wsi/) and efile your return for free there. However, you need to re-enter everything from your Federal return, and the Mass WebFile for Income doesn’t do more than rudimentary math, so it won’t tell you if you qualify for certain credits or deductions.
If you’re a returning TT user and wish to use the Free Federal Edition, you’ll need to create a new username, and you won’t be able to carry over info from last year’s return.
I’ve used Turbo Tax both on the desktop and online for over a decade. I’m still convinced it’s the best, most comprehensive software package out there to do your taxes.
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