Do you like the idea of being able to professionally file your taxes for free?
The IRS – TurboTax Free File Alliance is valid for this coming tax year. It’s a partnership between the IRS and private online tax preparation services like TurboTax. It gives the chance for many taxpayers to file their Federal and state taxes completely free of charge.
Who Qualifies for the TurboTax Freedom Edition?
The idea behind this partnership is to help military families. If you’re a qualifying E-1 to E-5 military family, you can use this edition to file your taxes at no cost.
There are a few conditions that must be met for taxpayers to use this version of TurboTax, however:
- You must have an Adjusted Gross Income of $31,000 or less.
- You were on active duty and your Adjusted Gross Income was $57,000 or less.
- You qualify for the Earned Income Credit (EIC).
Take note that whether you qualify for the EIC depends on your income and your filing status.
Keep in mind that E-6 to E-10 taxpayers don’t qualify for a totally free tax service. But they do get a discount of $24.99.
What Do You Get with the TurboTax Freedom Edition?
If you qualify, you’ll have the chance to file your Federal taxes for free. What’s even better is that you can also file your tax return for your state. So, you’ll be able to cover both types of taxes using one easy dashboard.
Filing your taxes with the TurboTax Freedom Edition can be done in a matter of minutes.
If you’ve filed with TurboTax before, you’ll be able to transfer the data across to the Freedom Edition. And if you’re working for a participating employer you’ll have no problems getting your W-2 information with TurboTax.
What if I Need Help?
The tax support options continue to be available through TurboTax Freedom Edition. All you must do is get in touch and you’ll be able to speak to tax attorneys, CPAs, and enrolled agents for free. They will be able to answer your tax questions.
All advice is personalized and available in real-time, so if you need help, you’ll be able to get it.
Plus, if you don’t qualify for the Freedom Edition, you can use the Free File Fillable Forms option, which will give you access to electronic IRS tax forms that you can submit yourself.
For members of the military and their families, filing taxes has never been easier.