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Tuesday, February 14, 2006

Free Online Tax Preparation and E-File - IRS service

Posted by Harsha


Should a Taxpayers invest in expensive tax software programs like TurboTax or TaxCut?

Yes if you are a taxpayer with a relatively complicated return then you should.

But millions of taxpayers who earn a modest income and have a simple returns to file may they should consider using the Free Filing program from the Internal Revenue Service.

Free Filing is a free online tax preparation and electronic filing service. Remember that Free File services are limited to taxpayers with Adjusted Gross Income of $50,000 or less.

Taxpayers with simple returns might also consider a free program such as TaxAct Standard, a limited offering that you can download to your PC or use on the internet to efile.


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