Share on ThriftyFunThis page contains the following solutions. Have something to add? Please share your solution!
Hope all of you do great financially this coming difficult year.
Source: This is just what I have learned to keep things simple while preparing taxes. I help raise four grand-daughters, and need to be organized as possible.
By Phyllis from Wisconsin
If you made less than $56,000.00 in '08 you can file your taxes for free. Go to IRS.gov, to the right is the free link. You pick which company to use. I have used Turbo Tax for years and have always been very happy with process and the outcome!
By Jodi from Horse Shoe, NC
I have gone through the following website for like 3 years now and gotten my federal and state taxes all done, e-file, for free. I believe it's for people who make less than $25,000 per year, and there are other people who qualify too. Check it out. It's free and I have the money either deposited right into our checking account, or mailed to us. I like putting it automatically in the checking account the best.
TurboTax Freedom Edition Qualifying Criteria
Intuit offers TurboTax Freedom Edition via the Free File Alliance for taxpayers who either:
Note: The qualifying criteria is subject to change.
Source: Part of this is from the turbointuit.com website
By Ann from Munfordville, KY
The Benefits Of Filing A Tax Return. Hope this is helpful to someone thinking about not filing a tax return this year. Due to illness one year, my income did not require me to file a tax return. I regretted that decision.
When electronically or e-filing your tax return with an anticipated refund, make sure the bank account you designate for the direct deposit has your name on it.
If you can't meet the April filing deadline (Midnight, April 17th this year) to file your tax return, you can get an automatic six month extension of time to file from the IRS.
Be careful when switching software or filling out your tax return if you are married-filing jointly. My husband and I accidentally switched the order of our social security numbers from last year to this.
Just found out this year that if you make less than 56000.00 a year you can go to http://www.irs.gov and do your taxes for free! Just wanted to let people know!
Ask a QuestionHere are the questions asked by community members. Read on to see the answers provided by the ThriftyFun community or ask a new question.
I need a cheap service to file my income tax. i do not want to file online. Any suggestions?
Very often accounting students will provide this service in a college. They are supervised. However, if you have a complex return, I would not trust them.
Our libraries have free services. We had a family member volunteer for years. They were well trained, but usually not professionals.
You can see if your local library has the same service.
Some food pantries also offer free services. Those folks are usually pros who do it for free (pro bono). That would be another good option for you to look into.
The IRS trains volunteers to help with tax returns check online here: www.irs.gov/
TurboTax, H&R Block, karma credit all havehas a free basic tax returns software available online.
I recently got married last month. I worked the same job for 14 years but in June we relocated and unfortunately the job couldn't come with. I've never been married and I've never filed taxes any other way do I have to file married this year?
It would be in your best interest to file married, as that is now a deduction you can claim (if you are the head of household). If you are not the head, then your spouse will claim you as a deduction, which means you don't have to pay as much in taxes.
You can either file married or married filing separately. Your taxes will be lower if you file as married.
Why is there an age limit on the 1040EZ and other forms?
By David from Brentwood, MO
When you are 65 and over you are entitled to a higher standard deduction and the 1040-EZ is meant to be a fast filing form for the IRS. Use the Form 1040-A. It is just as easy.
ThriftyFun is one of the longest running frugal living communities on the Internet. These are archives of older discussions.
The Free File program is a free (U.S.) federal tax preparation and electronic filing program for eligible taxpayers developed through a partnership between the Internal Revenue Service (IRS) and the Free File Alliance LLC, a group of private sector tax software companies.
Since Free File's debut in 2003, more than 15.4 million returns have been prepared and e-filed through the program. Free File allows taxpayers with an Adjusted Gross Income (AGI) of $52,000 or less in 2006 to e-file their federal tax returns for free. That means 70 percent of all taxpayers - 95 million taxpayers can take advantage of the Free File program.
Thanks loads for this tip. I did not know any such thing existed, and I was dreading either having to pay a CPA or buy an expensive computer program in order to file my taxes this year. Have a lovely day and God bless you! (02/07/2007)
By Pat Giles
I have been using taxact.com for the last 3 years. It is so easy to use. They ask you straight forward questions and have help links that actually explain and help you. This year I paid them 12.95 and filed my state taxes through them also but the federal was still free. My state refund was mailed less than 1 week from me submitting my tax return. The federal refund is scheduled to be mailed 3 weeks after. Best of luck to you all. (02/07/2007)
This is the second year I have used this way to do our federal taxes. I found it to be easy and far less time consuming and it is free! And in less than ten days, my refund is direct deposited into our checking account. (02/09/2007)