For those looking to file a simple tax return without having to go through an accountant or other tedious steps it might be a good idea to research the Turbo Tax Free Federal Edition 2012. The 2011 tax year is over and millions are going to look to file a 1040, 1040A and 1040EZ and there are a number of options available. For much more information on all Turbo Tax options make sure to bookmark this page: Turbo Tax File.
By accessing TurboTax.com American taxpayers will find several options available. The most common options are as follows:
Turbo Tax Free Edition
Turbo Tax Basic – $19.95
Turbo Tax Deluxe – $29.95
Turbo Tax Premier – $49.95
Turbo Tax Home and Business – $74.95
It is very important to remember that the prices listed above are online for a Federal Tax return. Each state has different guidelines, rules and costs when it comes to filing online. To get the exact state tax return online costs it might be a good idea to go to the specific state government website to see just how much the fee will be. Not all states charge a fee but many do.
The Turbo Tax Free Federal Edition 2012 is set up for individuals who are looking to file a simple tax return with a 1040, 1040A or 1040EZ. It is important to note that only individuals with an Adjusted Gross Income below $57,000 will have an opportunity to file online for free through the eFile government option. This is something that some may not realize but the free prepare, print and online file is only for that specific demographic.
Stores that currently sell Turbo Tax State + Federal Filing software include:
It is very important to remember that the “Free Edition doesn’t cover tax schedules C, D, E, and F (required for people who own a business or have sold investments).” Taxpayers would be wise to do a little bit of extra research before completing the entire form only to find out that they will need to purchase a different package or service.
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