Ready to do your taxes already? Wow, not me. My usual advice for cheap tax software is to check the Sunday newspaper ads. Usually, sometime in February you can get them essentially free after rebate. But if you’re not into rebates or just can’t wait, here are some current discounts for TurboTax. It seems like TurboTax has been shifting their profit margins onto their state software. For reference, TurboTax Deluxe Online for Federal is $29.95 retail with free eFile, but TurboTax Online State retails for $36.95 with eFile. Total: $66.90.
Free TurboTax Federal for 1040EZ (Simple Returns)
If you have a simple return with no itemized deductions, and don’t have any state income tax, then you can get the TurboTax Free edition with free eFile.
Free TurboTax Federal w/ Income Restrictions and Military
If you meet the income and/or military status requirements, the TurboTax Freedom Edition is free for Federal including eFile. Covers all the forms, not just 1040EZ. State filing may also be free for those in AL, AR, AZ, GA, IA, ID, KY, MI, MN, MO, MS, NY, NC, ND, OK, OR, RI, SC, VT, WV. Otherwise it is $14.95.
Free TurboTax Deluxe with State Farm Bank
If you have a bank or credit card with State Farm, you get free TurboTax Deluxe (log-in required).
25% off through Vanguard, Fidelity, or everyone via State Farm
Vanguard (log-in required), Fidelity (log-in required), and State Farm site visitors all can save 25% off TurboTax online for both federal and state. Hint: Be a “site visitor”. This results in final prices of $22.45 Federal and $27.70 State. Total: $50.15
If you’ve got Flagship status at Vanguard (usually $1M in assets), then you get TurboTax Federal and State online for free. One day!
35% off Federal Only via Bank of America
Bank of America “site visitors” can get 35% off TurboTax Federal, for a final price of $19.45. However, there is no discount on State, making it cheaper to go with the bundle above unless you only want Federal.
25% off Desktop Edition via Amazon.com
You can buy the desktop edition for Mac or PC from Amazon.com for $44.99 total, which includes Federal w/ eFile + State. According to the description, it does not seem to include eFile for state.
Additional Notes - IRS FreeFile and TaxAct
You can also check with the IRS FreeFile site to see if you qualify for other free software, usually restricted by income or military status.
Not devoted to TurboTax? Then there’s always the best no-hassle deal around: TaxAct, which again offers a free Federal return + free Efile + $14.95 for State. Total for both: $14.95.
Read more about TurboTax 2009 Discounts For Early Birds…
No comments:
Post a Comment