March 18, 2009

TurboTax software : Turbo tax offers free federal efiling for 2009

Turbo Tax software is one of the other tax software programs which is a part of file free Alliance partnership with Internal Revenue Service (IRS), by which taxpayers satisfying certain set of the requirements, can file their Federal Tax return at no cost. Basically this program is for those who fall in a certain low income group & have a littile non complex tax returns.

If you are using Turbo tax for preparation of your income tax return online, on the basis of below  listed three set of requirements, out of which even if you satisfy any one, you shall be allowed to file your federal tax return for free.
- If you have an adjusted gross income (AGI) of $28,500 or less in the year 2008.
- If you served active duty military and earned an adjusted gross income (AGI) of $52,000 or less in 2008. Active duty military even includes Reservists and National Guard. For qualifying you need a W-2 of 2008 form from the military to qualify.
- If you qualify for the earned income credit (EIC) for tax year 2008 then also you shall qualify for free Federal tax filing.

With tax softwares like Turbo tax, you can even file your tax returns electronically which would expedite the processing of your return & you shall receive the refund expressly in almost like in a period of 2-3 weeks. On the basis of free federal filing, some of the states have also accepted Free State tax return filing. Here are the twenty one of the US sates which accept Free State tax return filing. Alabama, Arkansas, Arizona, Georgia, Idaho, Iowa, Kentucky, Massachusetts, Michigan, Minnesota, Missouri, Mississippi, Montana, New York, North Dakota, North Carolina, Oklahoma, Oregon, Rhode Island, Vermont, & West Virginia.
So, to meet the date of April 15, 2009, go ahead and get your free federal return done with Turbo tax software.

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