The Federal Trade Commission (FTC) has issued a final order stating that Intuit utilized deceptive advertising to promote TurboTax as a free service, when in reality it is not free for everyone. In light of this, many people are now wondering what free services are available to them. Below are some options that may be suitable for you:
IRS Free File: If your annual gross income is $79,000 or less, you can receive guidance and assistance with filing your taxes. Click here to read more about this option.
Free File Fillable Forms: If you earn more than $79,000, you can still use the Free Fillable Forms to digitally file your taxes, although there is no additional assistance provided. This option is suitable for individuals who are comfortable dealing with tax matters. The forms will be available starting January 29.
Miltax: The Department of Defense offers free tax software, tax assistance, and financial and legal resources to servicemembers and veterans.
Volunteer Income Tax Assistance: This program provides help to individuals who earn $64,000 or less, have a disability, or are not fluent in English. Click here for more information.
Tax software providers: Some companies offer free tiers for certain individuals. Generally, these options are geared towards people with simpler tax returns. As your tax situation becomes more complex with itemizing and complicated credits, you may need to consider paid options. Below are a few companies that provide free tiers: H&R Block, TurboTax, TaxAct, TaxSlayer
Do you have a consumer question for Jeff Rossen? He answers questions every Friday in a new segment called “Rossen Responds.” Email your questions to RossenResponds@hearst.com.
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