It is possible to file for free through TurboTax — but there are a slew of requirements you must meet. For example, TurboTax Free Edition, TurboTax Live Basic, and TurboTax Live Full Service Basic are all free right now — if your return is simple.Is there a free version of TurboTax?
TurboTax offers an abbreviated free version that works well for consumers who don’t itemize their taxes or plan to take any specialized deductions or credits. Make sure you understand the limits of free tax software here. For everyone else, they offer three paid versions of their online product — Deluxe , Premier, and Self-Employed.Does TurboTax have free filing?
The most popular way to file Federal and State taxes free is the TurboTax Free Edition. In fact, TurboTax claims that an average of over 10 million taxpayers (students, low income, seniors, etc.) use the Free Edition every year. ( source) However, we must emphasize that the Free Edition is for simple tax returns only.Is TurboTax free edition really free?
TurboTax Free Edition is their free version. It’s $0 to prepare your Federal return. What is the difference between TurboTax free and standard? For a very reasonable $19.99/return, TurboTax Standard adds some features not included in the free version. For example, Standard allows you to transfer your data from the previous year.