FREE Tax Filing
There are several factors that you should consider when looking at the free editions of free tax filing programs that are on the market.
If your a homeowner or plan on being prior to filing your tax return, you should know that the free editions don't support home ownership write-offs. In this case the deluxe editions may be your best choice to ensure your taking full advantage of any deductions to help you calculate a bigger tax return refund.
If you have lots of data to input on your return you should be aware that the free editions don't have import capabilities which means all your data is input manually. This is usually easy enough but, if you worked several jobs you may have a lot more information to enter which will take time to complete accurately. Importing the data with other editions helps eliminate mistakes and inaccurate entries.
If you have extensive medical or education expenses that you were looking to write off or take deductions for, this edition wont work for taking advantage of these benefits. It's really more ideal for the typical renter that works a standard job and receives a w2 form from their employer at the end of the year.
When your looking for the best result you have to consider the abilities of any product to be able to get you every deduction, benefit and credit you can qualify for. Charitable giving deductions are one of the areas of online free tax filing programs that seem to always get missed the most.
Free Online Tax Filing
Free Tax Filing Software Editions
These editions are available from just about every tax software manufacturer and, since there made for simple returns, in reality any one of them will most likely work well for you.
On the other hand, if you plan on purchasing a home or needing to use a more advanced tax software edition in the near future for other reasons, you may want to go with a top rated program. Getting familiar with a tax return software brand your going to be changing from in the future can cost you more time in transition and learning.
For myself I have never used one of the free editions so my recommendation come from the many reviews I have read. I started investing early by purchasing a home, and this is one area that is not covered by the free editions that also don't offer an import feature for data transfer.
But regardless of that fact, I have used pretty much everything else in both of these tax software lines for TurboTax and H&R Block. Truth be told, I think they will always be far ahead of the trailing field in tax return preparation and filing programs.
Regardless of whether or not you qualify for the free edition or are looking at using a paid version, the choices with these top two software developers are all worth taking a very close look at for choosing what's right for particular tax filing needs.
The reality is that filing your taxes or if you a procrastinator, your tax return extension by yourself has never been easier than it is today. On top of all that guidance rests another reason to try one of these products today, they both offer a biggest refund guarantee. Now that's something you can take to the bank!
FreeFile Online Free Tax Filing
Free File is another option for lower income individuals and
families. If you qualify, you can use Free File to prepare and e-file
your tax return for free. It's ready when you are. Best of all,
when you e-file and select direct deposit, you can get your refund
in a much shorter time.
Over 36 million taxpayers have already used Free File safely and securely. When Free File, your personal financial information is transmitted to the IRS using fully encrypted technology. You will then get an electronic receipt showing that your return has been received by the IRS.