We are already a few days into the new year. Although it may not yet be on your radar, tax season will be upon us shortly. Beginning on Tuesday January 19, you can begin to file your taxes for 2015. Although you can officially file your 2015 taxes on January 19, you will still have to wait until after the end of the tax season to receive your tax return. As you begin to think about filing your taxes, you may find yourself wondering, “Is Turbo Tax free? What about other tax return companies?” The answer for some people is YES, some tax return companies offer FREE tax returns. It you earn an adjusted gross income of $62,000 or less, you can take advantage of FREE Turbo Tax software.
To use the FREE Turbo Tax 2016 software, you must create a Turbo Tax account if you do not already have one. If you have an existing Turbo Tax account, begin by logging into your account. Once you are logged in, you can select the FREE Turbo Tax return option and begin entering your tax information. If you have previously used the Turbo Tax service, you will find that your information has been saved from the prior tax year. There are various features in Turbo Tax such as the FREE Turbo Tax calculator that make entering your taxes much easier! You should get the maximum tax return possible.
As mentioned above, if you earn an adjust gross income that exceeds $62,000, you will not qualify for the FREE tax return service through Turbo Tax. If you earn more than the designated total, you must pay to use the tax return services.