How-can-I-File-Taxes-for-Free-with-TurboTax

How can I File Taxes for Free with TurboTax 2021-2022?

Filing Taxes on TurboTax is surely one of the most popular and easiest. However, something that might surprise you is that for the very first time, Intuit-owned TurboTax is no more a part of the IRS free file program.

Now comes the question, how to file taxes for free TurboTax? Indeed, a very common question. This blog particularly throws light on different ways that will help you to proceed for TurboTax free file 2022.

Are you eligible to file TurboTax for free?

Here comes the bigger question in the picture! Let’s discuss and try to check out the eligibility criteria for free TurboTax filing. Basically, TurboTax has three different options for filing free tax. The first is TurboTax Free Edition, TurboTax Live Basic Offer, and fill basic service offer.

People who prefer simple returns could use these offers. Now, the simple tax return does involve w-2 income, limited interest, student loan interest, dividend income, standard deduction, earned income tax credit, and child tax credit.

Filing simple returns on TurboTax Free Edition

You should know that the Free federal and state tax filing with TurboTax free edition is available. This is just a simple edition for filing simple tax returns. If you want to find your eligibility criteria, you can check out the below-mentioned pointers:

Situations Covered

  • W-2 Income
  • Confined Interest and dividend income reported on a 1099-INT or 1099-DIV
  • Standard Deduction IRS
  • EIC – Earned Income Tax Credit
  • Child Tax Credits
  • Student loan interest deduction

Situations uncovered

  • Itemized Deductions
  • Unemployment income reported on a 1099-G
  • Business or 1099-NEC income
  • Stock sales
  • Rental Property Income
  • Income reported on other schedules and income
  • Credits and deductions

Filing simple and free returns on TurboTax Live full-service basic offer

Just for a specific period of time, if you do have a simple tax return, you can entirely hand your taxes off to any TurboTax live expert, and that is for free. With this offer, you will get the perfect match for your tax expert in every circumstance who can do your taxes for you right from the beginning. You can simply upload your documents, and experts will take it from there. The experts will also certainly keep you in the loop at every step. Want to check out the qualification criteria, have a look!

Situations Covered

  • W-2 Income
  • Confined Interest and dividend income reported on a 1099-INT or 1099-DIV
  • Standard Deduction IRS
  • EIC – Earned Income Tax Credit
  • Child Tax Credits
  • Student loan interest deduction

Situations Uncovered

  • Itemized Deductions
  • Unemployment income reported on a 1099-G
  • Business or 1099-NEC income
  • Stock sales
  • Rental Property Income
  • Income reported on other schedules and income
  • Credits and deductions

Simple Returns free for TurboTax Live Basic Offer

With the help of TurboTax Love Basic Offer, you can also seek expert assistance. You will also get to go through the final review of your return so that you stay confident and motivated that your taxes are done correctly.

Free TurboTax for enlisted Active Duty and Reserve Military

It is a fact that Intuit supports the US military and even their families both in their communities and overseas. Due to this commitment, it also provides free federal and state tax preparation for all the enlisted active duties and reservists.

The other military members could easily file via any TurboTax Online (excludes CD/Desktop or TurboTax live) product, Free edition, self-employed, deluxe, and premiere.

You must enter your W-2 and then must verify the military rank when prompted, and that too within TurboTax online. Soon your discount will be applied. For an eligibility check, have a look!

  1. Offer is only valid for active duty and reservists of an enlisted rank including E-1 through E-9) with a W2 from DFAS
  2. It excludes TurboTax Live Products
  3. Discount will be applied when you ready to file

Free Assistance and Filing via the IRS VITA program

Intuit also is a supporter of the IRS Volunteer Income tax assistance, also known as VITA. This is a program that ensures free tax preparation for moderate and lower-income taxpayers.

VITA also ensures that IRS-certified volunteers do ensure free and basic income tax return preparation. This is eventually applied to people who generally make $58000 or less than that or have any sort of disability or face difficulty in speaking English.

So, these were certainly important factors to remember before you try to file taxes for free TurboTax. Hence, before you make any firm decision regarding free TurboTax filing, you must keep in mind certain factors as well as the eligibility criteria.

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