Free Tax Prep for Low and Middle-Income Taxpayers

Tax News

Wondering where to find free online tax preparation and e-filing? The IRS is once again offering it’s Free File program, available at www.irs.gov. IRS Free File is a public-private partnership between the federal government and about 20 private tax preparation companies, including TurboTax maker Intuit.

People with an adjusted gross income (AGI) of $58,000 or less can select from more than a dozen online tax preparation services. That means about 70 percent of all taxpayers, or 95 million people, are eligible to use these free services.

Additionally, anyone, regardless of their income, can use the Free File Fillable Forms at irs.gov. It’s a free, simple forms utility that’s basically the electronic equivalent of a paper 1040 along with associated schedules and forms. You just type in the numbers and it does the math for you.

Intuit has supported this program for nearly a decade. In that time, we’ve donated more than 22 million federal and state tax returns through TurboTax Online to low and middle-income taxpayers.

For tax year 2010, anyone who qualifies for EITC, or is on active duty military with an AGI of $58,000 or less, or has an AGI of $31,000 or less can use TurboTax Online Tax Freedom Edition.

Additionally, through the IRS web site, TurboTax offers free state tax preparation to qualified taxpayers who file returns in 21 states: Alabama, Arizona, Arkansas, Georgia, Idaho, Iowa, Kentucky, Michigan, Minnesota, Mississippi, Missouri, New York, North Carolina, North Dakota, Oklahoma, Oregon, Rhode Island, South Carolina, Vermont, Virginia and West Virginia.

Comments (10) Leave your comment

  1. I think it is great the government is helping those people out. Surprising though they are not letting them use other tools though.

  2. Hi Tommy,

    Your parents can purchase TurboTax at their local retailer. After they install the CD it they are going to need to connect to the internet to get the most recent updates. Once they have done that, they can go ahead and prepare and file their taxes, no internet connection needed.

    Ashley

    1. paid (hardship cases), or determine that the debt can be paid but not in full. The IRS will rqeuire Collections Information Statement Form 433-A (for individuals and self-employed individuals), Form 433-B (For businesses), or Form 433-F (short

  3. My parents have poor internet service making accessing the internet difficult. They are planning to purchase Turbotax at a local retailer on Maui.

    How do they get the latest/greatest version with current tax laws?

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