Is TurboTax free actually free?
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Is TurboTax free actually free?
Is TurboTax Free Edition really free? Yes. You can pay nothing to file your simple federal and state taxes. 60 million hard-working taxpayers can file their simple federal and state taxes for free.
Why is TurboTax charging me a fee?
That is the service charge of the third party processor who receives the federal tax refund from the IRS, deducts the TurboTax account fees and their service charge. Then deposits the remaining refund into the account requested by the taxpayer.
Why is TurboTax charging me 120 to file?
Why was I charged 120$? It appears you are using Turbo Tax Deluxe, which has a fee for your Federal plus a separate fee for your State. Also if you opted to have your fees deducted from your refund, there is also a fee for this.
Does TurboTax charge you to refile?
If you need to amend your tax return in TurboTax, there is no additional fee.
How do I qualify for TurboTax for free?
The TurboTax Free File program is required as part of the IRS Free File program. To qualify for the TurboTax Free File, you must make under $34,000 per year. You are eligible if you make less than $34,000 and: Work full time.
How does TurboTax make money if its free?
TurboTax makes money by charging customers a yearly fee for access to its premium products as well as dedicated tax experts. The tool operates on a freemium model, meaning the majority of its features can be used at no cost.
How can I avoid TurboTax fees?
Did you choose to have your TurboTax fee deducted form your federal refund? Avoid the extra $40 fee by paying upfront with a credit/debit card before you file.
What are the fees for TurboTax?
Is TurboTax or H&R Block better?
| TurboTax | H&R Block | |
|---|---|---|
| Deluxe | $60 | $49.99 |
| Premier/Premium | $90 | $69.99 |
| Self-employed | $120 | $109.99 |
| Additional state return fee | $50 | $36.99 |
Why is TurboTax charging me $160?
It sounds like your return required forms and schedules not supported by the free version of TurboTax. Please click here to see the pricing tiers and the included tax situations. You might still qualify for IRS Free File.
How much is an amendment on TurboTax?
There is no additional fee to amend a tax return originally prepared using TurboTax unless the amended return requires an upgrade to the version originally used.
What happens if TurboTax makes a mistake?
100\% Accurate Expert-Approved Guarantee: If you pay an IRS or state penalty (or interest) because of an error that a TurboTax tax expert or CPA made while providing topic-specific tax advice, a section review, or acting as a signed preparer for your return, we’ll pay you the penalty and interest.